Partner Center
Find a Broker
An order to trade at a specific price. It remains open until trader cancels. Hence “Good ’til cancelled.” Also known as GTC.
Good ’til cancelled order
Categories
Other
Related Terms
-
Slippage occurs when an order is filled at a price that is different from the requested price. The...
-
A working order is a general term for either a stop order or a limit order to open. Stop and limit orders...
-
A passive order is a trading order in which the order price is different from the market price. An order is...
-
A “One Cancels Other” Order (OCO) is the execution of one order automatically cancels a previous order. A...
-
If you’re looking for additional reading to supplement your forex trading education, you’ve come to the...
Related Articles
How to Lose All the Money in Your Trading Account in 10 Days (or Less)
Do you want to learn how to make all the money you just deposited in your trading account quickly vanish?
Read More
Do You Feel Overwhelmed As A Trader?
When your trades don’t go as planned, it can be frustrating, but it’s crucial that you remain calm. Here’s how.
Read More
4 Steps to Entering Forex Trade Orders Like a Boss
A single mistake could spell the difference between winning and losing a trade, so it’s important that you develop the habit of carefully entering your trade orders.
Read More
What the Heck Is “Trader’s Block” And How Can You Get Over It?
Ever heard of the term “writer’s block”? Well, this condition can apply to forex traders, too! Here are some tips on how to overcome a “trader’s block.”
Read More