GTC (Good-Til-Canceled) Order
An order that stays working at the broker across sessions until it fills or is explicitly cancelled, unlike a day order that expires at the close. Standing profit targets and stops are typically GTC so the exit is live from the opening bell without being re-placed every morning.
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Related terms
Limit OrderAn order that executes only at a specified price or better: a buy limi…Day OrderAn order that expires automatically at the end of the trading session …
Backtests are hypothetical, computed by DeployQuant's engine on minute-resolution consolidated US market data (2021-01-04 to 2026-07-17, $10,000 starting capital, no margin, fees and slippage not modeled) and do not guarantee future results. Nothing on this page is investment advice. Live trading involves risk of loss.