# Buy/Sell Limit Orders



With MemeBot, you can set limit orders to buy or sell a token at a certain price/marketcap. This will help you get into tokens at a price that you want while you're away from your screens.

#### How To Place A Buy Order

1. Enter the token address and send it to the bot.
2. The bot will reply with NOW BUYING: and all the token info you need.
3. Click on the ↪️ Switch to Buy Limit Order
4. Now, you'll see Buy Trigger Price $0.000X (-25%) and Expiry
5. To change your trigger price, click on the Buy Trigger Price button and you'll have 3 ways to choose a trigger price:
   1. Enter price of token (in USD)
   2. Enter target market cap
   3. Enter decrease in percentage of the current price

<figure><img src="https://2521228572-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fl0aYxoUXZKezKrtls8Sq%2Fuploads%2FMOHHfLVrlebonBGLGqs0%2Fimage.png?alt=media&#x26;token=ec4409c8-e813-4eef-8ee0-a633625ba805" alt="" width="295"><figcaption></figcaption></figure>

For example, a token that I want to buy is currently at $1M market cap. I want to get in at $800K market cap but I am going to be away from screens so I'm scared I won't get my order in.

Hence, I place an order for a trigger price of  `-20%` since the drop from $1M marketcap to $800K is 20%.

I set the expiry for 12 hours, and I place an order for 1 SOL.&#x20;

This will mean that for the next 12 hours, the bot will trigger a 1 SOL buy on the token the moment it hits $800K marketcap.\


#### How To Place A Sell Order

1. Go to the Homepage and hit `Sell`
2. Enter the token address and send it to the bot.
3. The bot will reply with NOW SELLING: and all the token info you need.
4. Click on the ↪️ Switch to Sell Limit Order
5. Now, you'll see Buy Trigger Price $0.000X (+50%) and Expiry
6. To change your trigger price, click on the Sell Trigger Price button and you'll have 3 ways to choose a trigger price:
   1. Enter price of token (in USD)
   2. Enter target market cap
   3. Enter decrease in percentage of the current price

For example, a token that I want to sell is currently at $1M market cap. I want to sell my tokens at $2M market cap but I will probably be asleep when this happens.&#x20;

Hence, I place a sell order for a trigger price of  `+100%` since the increase from $1M marketcap to $2M is 100%.

I set the expiry for 12 hours, and I place an order for 100%.&#x20;

This will mean that for the next 12 hours, the bot will sell 100% of that token the moment the marketcap hits $2M.

<figure><img src="https://2521228572-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fl0aYxoUXZKezKrtls8Sq%2Fuploads%2FUCREEH6fopv0QgGQeAXj%2Fimage.png?alt=media&#x26;token=11ce1bd6-7f7f-44db-9816-db7edcb535cc" alt="" width="295"><figcaption></figcaption></figure>

#### &#x20;
