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Good-Til-Canceled (GTC) Order: What It Is, How It Works, Example

By Kristi Waterworth – Sep 30, 2024 at 5:24PM

Key Points

  • Good-til-canceled orders automate trading, executing trades at set prices lasting up to 90 days.
  • These orders persist under conditions like stock price drops, unlike immediate-or-cancel orders.
  • Traders use good-til-canceled orders for reliability in buying or selling exact stock quantities without constant monitoring.
Key findings are powered by ChatGPT and based solely off the content from this article. Findings are reviewed by our editorial team. The author and editors take ultimate responsibility for the content.

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