Glossary

Limit order

Also written or said as: limit orders, limit buy, limit sell

An order to buy or sell only when the price reaches a level you set.

Instead of buying now, you tell your terminal 'buy 0.5 SOL if the market cap drops to $50,000'. Limit sells work the same way for taking profit. Memecoin pools have no order book, so the platform's own system watches the price and fires the order, which means it can fill late or miss in a fast move.