> For the complete documentation index, see [llms.txt](https://polyquant-1.gitbook.io/wallet/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://polyquant-1.gitbook.io/wallet/trading/buying-and-selling.md).
# Buying & Selling
## Buying & Selling
The **Buying & Selling** screen is where you place trades on a selected market outcome.
polyquant supports both **market** and **limit** orders for buying and selling.
***
### Opening the trade screen
From **Market View**, tap one of the following buttons:
* **Buy Yes**
* **Buy No**
* **Sell Yes**
* **Sell No**
This opens the trade screen for the selected action.
***
### Trade screen overview
Example:
```
๐ข Buy Yes
๐น Ask (market): 77.0ยข Bid: 76.0ยข
๐ Market price for BUY: 0.7700
๐ฐ Available balance: $747.88
```
This screen shows:
* current bid and ask prices
* the price used for market execution
* your available balance
***
### Order size
You enter the **order size in USD**.
polyquant automatically converts USD to shares.
```
shares = usd / price
```
Minimum order size:
* **5 shares**
***
### Market orders
To place a **market order**, enter only the USD amount.
Example:
```
โข 10 โ market order for $10
```
Market orders:
* execute immediately
* use the best available price
* may experience slippage depending on liquidity
Use market orders when speed matters.
***
### Limit orders
To place a **limit order**, enter both a **price** and a **USD amount**.
Example:
```
โข 0.46 10 โ limit order (price 0.46) for $10
```
Limit orders:
* execute only at your chosen price or better
* may fill partially or fully
* remain open until filled or cancelled
Use limit orders when price control is more important than speed.
***
### Buying outcomes
When you **buy Yes or No**:
* you open a position in that outcome
* funds are locked until you sell or claim
* your position value changes with price
***
### Selling outcomes
When you **sell Yes or No**:
* you reduce or close an existing position
* proceeds are returned to your balance
* you can use market or limit sell orders
Selling allows you to exit before market resolution.
***
### Execution notes
* Always check prices before confirming
* Refresh prices if the market is moving
* Ensure sufficient liquidity for larger orders
***
### Next steps
After placing trades, you can:
* Manage **open orders**
* Monitor **positions and PnL**
* Sell positions or **claim finished markets**
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