Limit Orders
Pick the price, wait for the market to come to you. The disciplined trader's default.
A Limit order posts at a specific price and waits to be filled. Unlike a Market order — which takes whatever is on the book right now — a Limit order gives you price certainty in exchange for the risk that you never get filled.
When to use Limit
Thin or wide-spread markets — Market orders walk multiple book levels and your average fill is worse than the top of book showed. Limit pins the price.
You have a view on fair value — you only want to buy below X cents or sell above Y cents.
Closing a position at a target — set the exit, walk away, come back when it fills.
When to use Market instead
Liquid, tight-spread markets — Market gets you in instantly at near top-of-book; the Limit-vs-Market difference is noise.
Short-window markets closing soon — wait too long with a Limit and the market resolves before your order fills.
You need to react to a news event — speed beats price.
Submitting a Limit order
Toggle the Market / Limit switch at the top of the trading widget to Limit.
Pick the side (Up/Down or Yes/No) and the outcome (on multi-outcome markets).
Type or tap the price you want to post at. You can tap a price level in the order book to pre-fill.
Type or tap the amount.
Submit. The order appears under Wallet → My Orders as "working".
Managing working orders
Go to Wallet → My Orders. For each open order:
Cancel — pulls the order off the book. Funds return to your balance immediately.
Modify — change price or amount. Most platforms cancel-and-repost behind the scenes.
Wait — let the market come to you.
Failure modes
Order never fills — the market closes with your price untouched. The order is cancelled at resolution; funds return.
Partial fill — only some of your size filled. The unfilled remainder stays working until cancelled or the market closes.
Order pulled by market move — your limit price is no longer reachable because the market moved away decisively. Your order sits until you cancel or modify.
Limit orders are the safer execution model but they expose you to opportunity risk — the market resolves your way and your unfilled order didn't get you in. Pick Market when speed matters more than fill price.
FAQs
How long does a Limit order stay working?
Until you cancel it, it fills, or the market closes. There is no time-in-force selector — every Limit is "good 'til close" by default.
Can I post a Limit on a closing-soon market?
Yes, but the risk that it doesn't fill before resolution is high. Match your Limit price to depth that already exists; don't ask the market to come further than it has shown willingness to move.
What price granularity do Limit orders support?
Per-market — most prediction markets price in two-decimal cents (0.01 minimum). The order book shows the supported granularity.
Where do I see my filled-but-not-resolved trades?
Wallet → My Assets shows open positions; Transaction History shows the full chronological log.
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