> For the complete documentation index, see [llms.txt](https://doc.lockerprotocol.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://doc.lockerprotocol.com/browser-extension/hyperliquid-perps/place-an-order.md).
# Place an order
Long or short, market or limit, with automatic take-profit and stop-loss.
{% stepper %}
{% step %}
### Choose direction and type
On a market: **Buy** (long) or **Sell** (short), **Market** or **Limit**. Set the **Leverage** and the size; **Available to trade** is your free margin.
The order form.
{% endstep %}
{% step %}
### Read the numbers
**Margin**, **Estimated fees** (Hyperliquid fee + Locker commission), **Max slippage** (*the worst price move you accept on a market order*), and **Liquidation price (est.)**. *Order size must be at least X.*
Margin, fees, liquidation estimate.
{% endstep %}
{% step %}
### Auto close (TP / SL)
Toggle **Auto close (TP/SL)** and set a **Take profit price** and a **Stop loss price**. *Stop loss too close to the liquidation price* means move it further.
Take-profit and stop-loss.
{% endstep %}
{% step %}
### Confirm
**Confirm order** sums everything up, including the **Worst accepted price**. **Place**. The agent key signs; you see **Order placed** then **Order executed**.
Placing the order triggers the agent approval the first time.
{% endstep %}
{% endstepper %}
{% hint style="warning" %}
*Your position is OPEN, but the automatic close was refused.* Then it has no TP/SL: set them from Positions with **Place TP / SL**, or close it.
{% endhint %}
---
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