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This article has been translated from English to Gen Z Slang.
Ayo, it's like placing an order to cop something at a specific price, ya dig? 🤙 It stays wide open until you hit the cancel button. That's why they call it “Good ’til cancelled," no cap. Aka GTC. 💸
Good Till Cancelled (GTC) is a trading order type that stays live in the market until the trader decides to yeet it.
"An order is a vibe to cop or yeet on a trading spot."
A One Cancels Other Order (OC) is a duo of orders (usually a limit order and a stop order) dropped at the same time for the same asset.
An order block is an area where there has been a large concentration of limit orders waiting to be executed.
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