Docs Trading Features Limit Orders

Limit Orders

Set your target entry price and walk away. PredyX monitors the market and executes automatically the instant the price is right.

Sub-200ms execution. When your limit price is reached, PredyX places the order in under 200ms — faster than any manual trade possible via browser.

How Limit Orders Work

A limit order watches a Polymarket market for a specific price level on YES or NO shares. When the market price reaches your target, PredyX executes a market order immediately on your behalf.

ℹ️
Polymarket uses an order book model. PredyX limit orders are trigger-based — when your price is reached, PredyX submits a fill-at-market order, not a resting limit order on the book. This guarantees fills but may have slight slippage in low-liquidity markets.

Placing a Limit Order

Command Syntax

Telegram
/limit [market] [YES|NO] [amount_usdc] [target_price]

# Examples:
/limit https://polymarket.com/event/btc-100k YES 50 0.65
/limit https://polymarket.com/event/fed-cut   NO 100 0.40
ParameterDescriptionExample
marketPolymarket event URL or market IDhttps://polymarket.com/event/btc-100k
YES | NOWhich side of the market to buyYES
amount_usdcHow many USDC to spend on the trade50
target_pricePrice (0.01–0.99) at which to trigger the order0.65

Interactive Mode

Type /limit without arguments to use the interactive flow:

1

Find Market

Paste a Polymarket URL or search by keyword. PredyX confirms the market name and current price.

2

Choose Side & Amount

Select YES or NO. Enter the USDC amount you want to spend.

3

Set Target Price

Enter your target entry price (0.01–0.99). PredyX shows estimated shares at that price and confirms.

Order Confirmation

After creating a limit order, PredyX confirms with a summary:

Limit Order Set
Market: Will Bitcoin exceed $100k in 2025?
Side: YES · Amount: $50.00 · Trigger: $0.65
Est. shares: ~76.9 YES
Status: Watching…

Order Execution Alert

When your limit triggers:

Limit Order Executed!
Market: Will Bitcoin exceed $100k in 2025?
Bought: 76.4 YES shares at $0.6547
Spent: $50.00 · Execution: 142ms

Managing Limit Orders

CommandAction
/positionsView all pending limit orders and open positions
/limit cancel [id]Cancel a pending limit order before it triggers
/limit listShow all active (unexecuted) limit orders

Limit Order Expiry

Limit orders do not expire by default — they watch indefinitely until triggered or cancelled. You can set an optional expiry:

Telegram
/limit [market] YES 50 0.65 --expires 7d   # auto-cancel after 7 days
/limit [market] YES 50 0.65 --expires 2025-06-01

Fees

Limit order execution carries no additional fee beyond Polymarket's standard protocol fee. PredyX charges no fee for limit orders. See Fees & Pricing.