Guide: Creating Limit Orders

A practical guide to setting up limit orders on Return To BTC — from single targets to full ladder strategies.

When To Use a Limit Order

Reach for a limit order when:

• You want to buy a dip without watching the chart.
• You want to take profit at a specific level.
• You want to scale in or out across multiple prices.
• You want execution to happen while you sleep.

Step 1 — Open the Limit Form

From the main menu: Trade → Limit Order.

You can also create a limit order directly from a portfolio position (Portfolio → <Token> → Limit Sell) or from a buy quote screen.

Step 2 — Configure

The form asks for:

1. Token — paste contract or pick from your portfolio.
2. Side — Buy or Sell.
3. Target price — in USD or BTC.
4. Amount
   • For buys: input amount in BTC (or stable).
   • For sells: token amount or % of balance.
5. Expiry
   • 1h, 24h, 7d, 30d, Never
   • Use a finite expiry unless you really mean "forever".
6. Slippage — defaults to your global setting; override if needed.

Confirm to lock the order. The bot returns:

🎯 Limit BUY placed
Token:   SPK
Price:   ≤ $0.300
Amount:  0.005 BTC
Expiry:  7 days
Distance: -13.0% from current
Order ID: #L-8421

Step 3 — Build a Ladder (Optional)

Repeat Step 2 with different targets and amounts. Common ladders:

Buy ladder (accumulate dips)

Target	Amount
-10%	0.002 BTC
-20%	0.003 BTC
-30%	0.005 BTC

Sell ladder (take profit)

Target	Amount
+50%	30% of holdings
+100%	30%
+200%	40%

Pair the sell ladder with a stop alert below your entry so you're notified if the trade invalidates.

Step 4 — Monitor

Orders → Active shows every live limit order with distance-to-fill. You can:

• Tap Edit to change price, size, or expiry.
• Tap Cancel to remove without fees.
• Watch them all auto-resolve as the market moves.

When an order fills, you get a Telegram receipt with the actual fill price (which may be slightly better than your target on fast moves).

Best Practices

• Reserve enough balance. If you ladder 0.01 BTC of buys but only have 0.008 BTC, later fills will silently fail.
• Don't stack too tightly. Targets within 1–2% of each other often fill at the same time and you've effectively placed one big order.
• Match expiry to thesis. Trading a catalyst (e.g. a launch) in a 24h window? Use a 24h expiry, not "never".
• Use realistic targets. Setting a buy 80% below market means the order rarely fills — and when it does, something has gone very wrong.

Pitfalls

• Wallet drained for fees. Limit orders need BTC for network fees at execution time. Keep a small buffer.
• Token delisted or paused. If a token's liquidity pool dies, limit orders won't fill and will expire.
• Slippage too tight. A fast wick through your target might not fill if slippage is 0.1% — bump it slightly for volatile tokens.

Combine with Other Tools

• Price Alerts — let you know why an order filled (news, dump, etc.).
• DCA — accumulate a base position while ladder-buying dips on top.
• Portfolio — review realised P&L across all filled limit orders.

Next: FAQ →