Monofin supports the order types you need to enter precisely and exit safely — on perps and event markets alike.
Market orders
Execute immediately at the best available price. Use a market order when getting in matters more than the exact price.
The ticket shows estimated slippage before you confirm, so a fast market never means a blind one.
Limit orders
Execute only at your price or better. You set the price; the order rests on the book until the market comes to you or you cancel.
Use limit orders to:
- Enter on a pullback instead of chasing
- Buy YES shares below the current ask and let the crowd come to you
- Avoid slippage on thin books
Trigger (stop) orders
Fire only when a price level is hit. A trigger order watches the market and submits a market or limit order when your stop price trades. Use it to protect a position or to enter on a breakout without staring at the chart.
Take profit and stop loss
TP/SL attach directly to an open position:
- Set them at entry or add them later
- They apply to the whole position and cancel automatically when it closes
- Edit or remove them anytime from the position card
The habit that separates traders from donors: decide your exit before you enter. Attach TP/SL at entry and let the plan do the work.
Good to know
- Open orders are visible in Portfolio → Orders, and cancellable in one tap.
- Orders on event markets work the same way — a limit order to buy YES at 40¢ fills when someone sells at 40¢.
- All order types show itemized fees before confirmation. See Fees.
