# Limit orders

Limit order form with price, time in force, and chart price picking.

Limit orders let you choose the exact price used for the order. They are best when price discipline matters more than immediate execution. The form uses the same shared sizing controls as [Market orders](/order-types/market-orders.md), but adds a price field and time-in-force selection. ## Price selection Click into the price input to activate click-on-chart mode. You can then click the [Chart](/terminal-sections/chart.md) to select a price, preview the order line, and drag the line to update the price before submitting. ## Time in force

TIF	Behavior	Use when
GTC	Rests until filled or canceled.	You want to wait at your price.
IOC	Executes immediately and cancels any unfilled remainder.	You want fast execution with a hard price limit.
ALO	Maker-only. Cancels instead of taking liquidity.	You want to enforce maker execution.

## TP / SL and reduce-only For non-reduce-only entries, you can attach TP / SL values from the form. For exits, use reduce-only when the order should only decrease the current position. ## What to monitor After submitting, watch [Open orders](/terminal-sections/open-orders.md) for resting orders. You can cancel, group, or convert eligible limit orders into [Chase orders](/order-types/chase-orders.md) if you want maker-only execution that follows the market. Related: [Trade form](/terminal-sections/trade-form.md), [Orderbook](/terminal-sections/orderbook.md), and [Chart](/terminal-sections/chart.md). --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.proliquid.xyz/order-types/limit-orders.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.