|An order to buy a stock at or below a specified price or to sell a stock at or above a specified price.
Normally written as Good Till Canceled to allow the order to gain seniority over other orders at the same price. Does NOT have to be triggered to be filled.
For instance, you could tell a broker, "Buy me 100 shares of XYZ Corporation at $8 or less" or "Sell 100 shares of XYZ at $10 or better."
Good Till Cancelled
(GTC) - A GTC order authorizes the broker to buy or sell a position at a ...
This is a version of the Sell Stop. This order says, “Don’t sell the shares unless ...
An order to buy or sell securities at the price given at the time the order ...
« View the Stock Market Dictionary »
Latest Financial Advice
- Optimize Investments with Tech Mutual Funds
- Navigating Online Brokerage: A Comprehensive Review
- ETFs vs Mutual Funds: The Definitive Comparison
- Understanding Mutual Fund Tax-Loss Harvesting: A Guide
- Guide to Buying No Load Mutual Funds
- Navigating the Federal Reserve Benchmark Interest Rate: A Guide for Entrepreneurs
- Understanding Two Types of Capital: In-depth Review
Free Investment Advice
|Get free stock market tips and investing advice by subscribing to our newsletter:
* Your information will not be shared or sold.
- Trading Basics
- Investing 101
- Investing Essentials
- Understanding the Risks
- Beginning to Trade
- Trading Strategies
- Trading Psychology
- Retirement Investing
- Personal Finance
- Advanced Trading
- Penny Stocks
- FOREX Trading
- Commodity Futures
- Stock Tips
- Going Public
- Real Estate
- Research Tools
- Stock Spam
- Stock Market Dictionary