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An automated order waits for a condition and then trades for you. It keeps running when you close Telegram, switch profile, or go to sleep.

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Which one do I want?

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Targets are market caps

Levels in Dawn are usually a market cap, not a token price. Shorthand works: 250k, 1.5m, $2m.
A $1M target means “when this coin is valued at $1 million”. It is not an instruction to trade $1 million.

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Order sizes

A buy spends a dollar amount. A sell sells a percentage of what you hold.

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Expiry

Limit orders and ladders expire after 24 hours unless you pick another time, from 5 minutes to 30 days. never keeps an order until it fills or you cancel it. Take-profit and stop-loss levels don’t follow that schedule; they stay with the position.

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What a trigger does and does not promise

When its level is reached, an order becomes a market trade with your slippage and settings, and fills at whatever the market gives at that moment.
A target is not a guaranteed price. On a thin coin the price can move a lot between the trigger and the fill, and a brief spike can trigger an order and be gone by the time it executes.

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Before you place several

  • Nothing is reserved. Two $100 limit buys need $200 on your balance when they fire, not when you place them.
  • Orders belong to a wallet. An order acts only on the holding of the wallet it was placed from.
See and cancel everything you have armed in Managing orders.