> ## Documentation Index
> Fetch the complete documentation index at: https://docs.overdog.bet/llms.txt
> Use this file to discover all available pages before exploring further.

# Limit Orders

> Set limit buys, take-profit, and stop-loss orders on any Polymarket market. Overdog monitors and executes them automatically.

Overdog supports three types of conditional orders. Once placed, orders are monitored and executed automatically — you don't need to stay in the chat.

<Note>
  Orders run in the background. Overdog checks prices continuously and triggers your order as soon as the market reaches your target price.
</Note>

## Order types

| Type            | Trigger                     | Direction            |
| --------------- | --------------------------- | -------------------- |
| **Limit Buy**   | Price drops to your target  | Buy when cheap       |
| **Take-Profit** | Price rises to your target  | Sell for a profit    |
| **Stop-Loss**   | Price falls to your trigger | Sell to limit a loss |

***

## Limit buy

A limit buy places a resting order on the exchange at your specified price. Your order fills when the market price reaches your target.

<Steps>
  <Step title="Open a market card">
    Find a market via `/markets`, `/sports`, search, or a pasted Polymarket URL.
  </Step>

  <Step title="Tap Limit">
    On the market card, tap the **Limit** button for the outcome you want to buy.
  </Step>

  <Step title="Enter your target price">
    Type your price in cents. Examples:

    * `15` → \$0.15 per share
    * `15.8` → \$0.158 per share
    * `0.15` → \$0.15 per share
    * `15.8c` → \$0.158 per share

    Quick-pick buttons show the current best bid and an option just below the best ask. Tap one to skip typing.
  </Step>

  <Step title="Choose an amount">
    Select a preset dollar amount or tap **Custom \$** to enter your own. The confirmation screen shows your estimated share count at that price plus the 1% fee (charged on fill, not placement).
  </Step>

  <Step title="Confirm">
    Tap **Confirm** to place the order. It stays open on the exchange until it fills or you cancel it.
  </Step>
</Steps>

***

## Take-profit

A take-profit automatically sells shares from an open position when the price rises to your target.

<Steps>
  <Step title="Open your position">
    Send `/positions` and tap the position you want to protect.
  </Step>

  <Step title="Tap Take-Profit">
    Tap the **Take-Profit** button on the position detail screen.
  </Step>

  <Step title="Enter your target sell price">
    Type a price in cents above the current price. The same input formats apply (`15`, `0.15`, `15.8c`).
  </Step>

  <Step title="Choose shares to sell">
    Pick from **25%**, **50%**, or **100%** of your position, or enter a custom share count.
  </Step>

  <Step title="Confirm">
    Review the expected proceeds and fee, then tap **Confirm**.
  </Step>
</Steps>

If you also have a stop-loss on the same position, the two orders are linked as an OCO (one-cancels-other) pair — when one fills, the other is cancelled automatically.

***

## Stop-loss

A stop-loss automatically sells shares if the price falls to your trigger level, limiting your downside.

<Steps>
  <Step title="Open your position">
    Send `/positions` and tap the position you want to protect.
  </Step>

  <Step title="Tap Stop-Loss">
    Tap the **Stop-Loss** button on the position detail screen.
  </Step>

  <Step title="Enter your trigger price">
    Type a price in cents below the current price. The same input formats apply (`15`, `0.15`, `15.8c`).
  </Step>

  <Step title="Choose shares to protect">
    Pick from **25%**, **50%**, or **100%** of your position, or enter a custom share count.
  </Step>

  <Step title="Confirm">
    Review the details and tap **Confirm**. The order is active immediately.
  </Step>
</Steps>

***

## Managing orders with `/orders`

Send `/orders` to see all your active pending orders. Each order shows:

* Order type (Limit Buy, Take-Profit, or Stop-Loss)
* Outcome name and market
* Target price and share count
* Current status and age

Tap **Cancel** next to any order to remove it. Cancellation takes effect immediately.