# Trading Order

## **Market Order**

A Market Order is the fastest and easiest way to trade, allowing you to buy or sell tokens instantly at the current market price.

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How It Works:

* Enter the Trade Amount: Specify how many token you want to buy or sell.
* Use the Shortcut Bar: Quickly allocate a fixed amount of your available balance for the trade.
* Preview Trade Results: Check the trade simulation to see estimated execution details.
* Confirm & Execute: Once confirmed, your order will be processed immediately at the best available price.
* TP/SL: PegaX lets you set Take Profit and Stop Loss orders, so your trades close automatically at your target price/marketcap.

Market orders are ideal for traders who prioritize speed over precision, ensuring full execution without waiting for price fluctuations.

## **Limit Order**

A Limit Order allows users to execute trades at a specific price, providing greater control over entry and exit points. Unlike market orders, which execute instantly at the current price, limit orders only trigger when the market reaches the set price.

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How It Works:

* Set Your Price: Enter the exact price at which you want to buy or sell the token.
* Use the Slider Bar: Adjust the price/marketcap easily using the slider on the trading panel.
* Choose Trade Amount: Specify the percentage of your position or amount of SOL to trade.
* Confirm & Place Order: The order remains open until the market reaches your set price.

With limit orders, users can buy the dip and sell high automatically, making it an essential tool for strategic and professional trading.

## **Order Management**

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Users can track their active orders in the Token Analytics Panel on the token details page.&#x20;

The system supports Limit Buy/Sell and TP/SL orders. This streamlined order management ensures full control over trading activity, allowing users to monitor and react to market changes efficiently.
