An order that stays active until it is filled or you cancel it, rather than expiring at the end of the day. Brokers may still cap how long a GTC order is kept, such as 30 or 90 days.
Lesson
GTC order (good till cancelled)
An order that stays active until it is filled or you cancel it, rather than expiring at the end of the day. Brokers may still cap how long a GTC order is kept, such as 30 or 90 days.