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Good 'Til Cancelled Order
(redirected from Good Till Cancelled)

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Good 'til cancelled order (GTC)
An order to buy or sell stock that is good until the client executes or cancels it. Brokerages usually set a limit of 30-60 days, at which the G.T.C. order expires if not restated. (Different from a day order.)

Good 'Til Cancelled Order
An order to a broker to buy or sell a security at a certain price whenever that price becomes available. Theoretically, such an order is standing indefinitely until either the security is bought or sold at the specified price or the investor cancels the order. In practice, GTCs generally expire 30-60 days after they are made if they have not been filled, unless the investor reiterates them. A GTC is also known as an open order.


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Good till Cancelled (GTC) : This type of order remains in effect till it is executed or till the contract expires.
·        You can list your items in store inventory for longer time periods: 30, 60, 90, 120 days, or Good Till Cancelled (GTC).
A great strategy is to buy 1/2 of your stock allocation at these incredibly low prices and put in a Good Till Cancelled order for the balance at 50% below the current price and be happy (if you are a buyer) if the market sells off further.
 
 
 
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