The risk of a GTC order comes when a day of extreme volatility pushes the price past the limit price of the GTC order before quickly snapping back. I had to catch the bus home in the rain. Gtc , I'd do it all over again! Abbreviation used when someone should really be in class...
I don't know , bro. People can be back stabbers gtc. A Primer on Inflation-Linked Bonds. Good 'til Canceled , or GTC, is used to refer to an order to buy or sell a stock at a set price that remains in effect until the investor cancels the order or the trade is completed. If the price per share gaps up or down between trading days, skipping over the limit price on the GTC order, the order will complete at a price more favorable to the investor who placed the order, i.
Brokers generally use GTC to cut down on day-to-day management of their portfolio. Despite the name, GTC orders do not typically remain active indefinitely. Hey Martino you going with Connie K and Roberto to gtc tonight. Through GTC orders, investors who may not constantly watch stock prices can place buy or sell orders at specific price points and keep them for several weeks.
If the market moves to that level before the investor cancels the GTC order or it expires, the trade will execute.
Trading Strategy. But there are exceptions.
Financial Advice. Guy 1: Partner Links. Most brokers set GTC orders to expire 30 to 90 days after investors place them to avoid a long-forgotten order suddenly being filled.
Go to class , underachiever! Abbreviated form of "Given the chance. Related Terms End of Day Order An end of day order is a buy or sell order requested by an investor that is only open until the end of the day.
A GTC order is an order that is executed at a specified price point, regardless of the time frame involved in reaching that point.