How does TD Ameritrade define GTC in the world of cryptocurrency trading?

5 answers

• Tammam R RahhalFeb 07, 2021 · 4 years ago
  Sure! When it comes to cryptocurrency trading, TD Ameritrade defines GTC as an order type that remains active until it is either executed or canceled by the trader. It allows traders to set a buy or sell order at a specific price and keep it open indefinitely, until the conditions are met. This means that if the market conditions are not favorable at the moment, the order will stay open until the price reaches the desired level. GTC orders are commonly used by traders who want to enter or exit a position at a specific price, regardless of the time it takes for the market to reach that price.
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• Priya ChoudharyNov 17, 2022 · 3 years ago
  GTC, or Good 'Til Canceled, is a term used by TD Ameritrade to describe an order that remains active until it is manually canceled by the trader or executed. In the world of cryptocurrency trading, GTC orders are particularly useful for traders who want to set a specific price at which they are willing to buy or sell a particular cryptocurrency. This means that even if the market conditions are not favorable at the moment, the order will remain open until the price reaches the desired level. It provides traders with more flexibility and control over their trading strategies.
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• Pixel_7777Apr 01, 2025 · 4 months ago
  GTC, which stands for Good 'Til Canceled, is an order type offered by TD Ameritrade in the world of cryptocurrency trading. With GTC orders, traders can set buy or sell orders at a specific price and keep them open until they are executed or manually canceled. This means that even if the market conditions change, the order will remain active until the price reaches the desired level. GTC orders are a popular choice among traders who want to take advantage of specific price levels and are willing to wait for the market to reach those levels.
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• Afzal AfzalAug 28, 2023 · 2 years ago
  GTC, or Good 'Til Canceled, is an order type commonly used in cryptocurrency trading on platforms like TD Ameritrade. It allows traders to set buy or sell orders at a specific price and keep them open until they are executed or canceled. This means that even if the market conditions are not favorable at the moment, the order will stay active until the price reaches the desired level. GTC orders provide traders with more flexibility and convenience, as they don't have to constantly monitor the market and manually place orders. It's a useful tool for those who want to automate their trading strategies.
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• Avery SecristAug 03, 2021 · 4 years ago
  In the world of cryptocurrency trading, GTC (Good 'Til Canceled) is an order type offered by TD Ameritrade. It allows traders to set buy or sell orders at a specific price and keep them open until they are executed or manually canceled. This means that even if the market conditions are not favorable at the moment, the order will remain active until the price reaches the desired level. GTC orders provide traders with the ability to set their desired price and wait for the market to reach that level, without having to constantly monitor the market or place new orders. It's a convenient feature for those who want to take a more passive approach to trading.
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