Using the Order Book

URL: llms-txt#using-the-order-book

Contents:

• Viewing the Order Book
• Managing open orders
• Canceling open orders

Source: https://docs.polymarket.com/polymarket-learn/trading/using-the-orderbook

Understanding the Order Book will help you become an advanced trader.

In the Getting Started tutorial on Making your First Trade, we learned about market orders.

In a market order, your trade executes instantly at the current market price.

But what if you think the market price is too high and want to set a specific price that you would be willing to accept? These are called Limit Orders.