RaccoonFi Docs
  • Welcome to RaccoonFi
  • Ecosystem explained
  • Roadmap
  • Ecosystem updates
    • RaccoonFi Ecosystem Update #1
  • Token
    • Token Distribution Model
    • Rewards System
  • Trading bot
    • How to start trading
    • Limit orders
    • Fees
  • FAQ
    • Important links
Powered by GitBook
On this page
  • What are Limit Orders?
  • Setting a Limit Order
  • Managing Orders
  • Important Notes ⚠️
  • Tips for Success 🦝
  1. Trading bot

Limit orders

PreviousHow to start tradingNextFees

Last updated 4 months ago

Your guide to setting and managing limit orders on RaccoonFi Bot.

What are Limit Orders?

Limit orders let you buy or sell tokens at your target price. Set it and forget it - we'll execute the trade when the price hits your level.

Setting a Limit Order

  1. Click "Limit Order" button

  2. Click "Add"

  3. Paste contract address and confirm if it's correct (answer "yes")

  4. Choose your direction:

    • Buy - Set orders below current price

    • Sell - Set orders above current price

  5. Set your parameters:

    • Price - Your target entry/exit

    • Market Cap - Alternative to price targeting

    • Amount - How much ETH to spend (for buys) or tokens to sell

  6. Click Next

  7. Set the price or market cap

  8. Enter how much ETH or token you want to spend and confirm

Managing Orders

Find all your active orders in the "Limit Orders" section:

  • View current orders and their status

  • Track target prices

  • Cancel orders anytime

  • Add new orders

Important Notes ⚠️

  • Orders execute automatically when price conditions are met

  • Keep enough ETH in your wallet for buy orders (and for the transaction gas)

  • Have enough tokens in your wallet for sell orders

  • You can cancel active orders at any time

Tips for Success 🦝

  • Use market cap targeting for new tokens

  • Set multiple orders at different levels

  • Keep some ETH free for gas fees

  • Monitor your orders regularly

Join our Telegram community for support:

t.me/RaccoonFi 🦝