December 2022

By setting the order, the trader can capitalize on potential dips in the stock’s price without needing to monitor the market continuously. This strategy is particularly useful in volatile markets where prices can fluctuate rapidly. GTC orders also enable traders to set specific entry and exit points for their trades. This structured approach allows investors…

During that time, it is still possible for your order to not be worth it anymore for a number of reasons. Not allowing GTC orders also relieves the market from some of the sell-offs that could occur if many GTC limit orders were placed around the same level. If the security hit this level where…