GTC stands for Good-Til-Canceled, a time-in-force instruction you attach to a trading order.

GTC stands for Good-Til-Canceled, a time-in-force instruction you attach to a trading order. Unlike a Day order that expires at the session close, a GTC order stays active until it’s filled, you cancel it, or your broker’s maximum duration is reached (often 30–90 days). Traders typically pair GTC with limit orders to target precise entries or exits without babysitting the screen. If the market touches your limit at any time while the order is active, it can execute—sometimes in multiple partial fills.

GTC works well for swing and long-term strategies, letting you predefine buy-the-dip levels, take-profits, or protective stops. Still, there are trade-offs: overnight gaps, news shocks, and thin liquidity can trigger unexpected fills or slippage. Some brokers include extended hours via GTC+; others confine GTC to regular sessions. Rules also vary across stocks, ETFs, options, and crypto, especially around expirations and corporate actions. Always review your platform’s policies on duration, partial fills, routing, and fees. Used thoughtfully, GTC orders reduce screen time, add discipline, and help you execute your plan exactly where you intend.

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