... day until you sell your stock or you can enter a GTC order. 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. Stock GTC acronym meaning defined here. This means it is a day order. Simply speaking, if you input a buy or sell trade, it will execute your transaction at the best available bid or ask price in the market. A "GTC order" refers to an order being active until either: a) the order fills b) the order is cancelled The "GTC" in "GTC Order" stands for "Good Till Cancelled". 1. I hope this helps. The most common type, a Market Order is a stock trading order to buy or sell immediately at the best available price. I am intrested in buying long term. But when I was trying to buy, it asks me for a duration of day or GTC(Good till cancelled). ... have an existing strategy to play stocks. Source: StreetSmart Edge®. The GTC order type allows traders to pinpoint in advance levels at which they would like to enter or exit the market. GTD (Good Till Date) orders remain in effect until the end of the designated day of expiration or until specifically canceled or filled. GTC (Good Till Canceled) orders remain in effect from day-to-day until specifically canceled or filled. Market Order. Leave a comment below and let me know. Add to … Good till cancelled or GTC, and that order type remains in the market until it gets filled or you’re cancelling it, best used for exit orders. In this example, the last trade price was roughly $139. Start browsing stocks, funds and ETFs, and more asset classes. What is the definition of the term "GTC order" as it applies to the stock market? w/ Zecco. What does GTC stand for in Stock? Press on the GTC selector then enter the Stock Code, Number of Shares, and Price then press on the Preview Order button as shown below: The Preview Order window will appear as follows: Note that the Term field column should indicate GTC and the Valid Until field column should indicate the final date of your GTC order. When buying stocks with GTC (Good to Cancelled), what does this mean? In practice, GTCs generally expire 30-60 days after they are made if they have not been filled, unless the investor reiterates them. What does the term "GTC order" mean? A trade executed at Market Order is consummated at the current stock price. This includes GTC/GTD Orders placed for both listed and Nasdaq stocks. An order to a broker to buy or sell a security at a certain price whenever that price becomes available. Add symbols now or see the quotes that matter to you, anywhere on Nasdaq.com. But with a stop-limit order, you can also put a limit price on it. I juse opened an accnt. 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