# Limit

> Automatically sell when your token hits a target market cap, or buy when it drops to one, even while you're away.

A limit strategy waits for a market cap you choose: a limit sell sells when your token reaches it, and a limit buy buys when the market cap drops to it.

### Limit selling

Create a limit sell to sell automatically when your token reaches a price level, so you take profit at your target even when you're away.

### Limit buying

Create a limit buy to buy automatically when your token's market cap drops to a level, so you buy the dip at your target even when you're away.

### Creating a limit strategy

*[Image: New Strategy window on Limit Sell, with the Buy and Sell buttons, the three modes, MarketCap and Supply Amount]*

1. Pick **Sell** or **Buy** at the top, then **Limit Sell** or **Limit Buy** under **Mode**.
2. Set the target market cap, in $:
   * **Sell:** in **MarketCap**, choose the market cap where you want to sell your position.
   * **Buy:** in **Buy when MarketCap ≤**, choose the market cap your token has to drop to.
3. Set the amount:
   * **Sell:** in **Supply Amount**, choose how much to sell when that level is reached, as a % of the selected wallets' tokens that other strategies haven't locked (before launch, of what they're set to receive at launch). For example, 50 sells half of them.
   * **Buy:** in **Amount**, choose how much to spend when that level is reached, in SOL, ETH or the token's paired asset, as shown in the field.
4. Click **Create Strategy**.

The target has to be ahead of the current market cap: above it for a limit sell, below it for a limit buy. Otherwise the strategy would trade right away, so **Create Strategy** stays greyed out.

**Advanced options:**

* **Duration:** set how long the strategy runs, in hours, minutes and seconds. Leave it empty for no deadline.
* **Wallets:** pick which wallets to include. All of them are selected by default.

> **Note:** Limit sell is best for taking profit at set thresholds and key chart levels while you're away. Limit buy is best for buying at set thresholds and key support levels while you're away.