What are the advantages of using GTC + EXT for cryptocurrency trades on TD Ameritrade?

5 answers

• data-championsMar 08, 2022 · 3 years ago
  Using Good 'Til Canceled (GTC) + Extended Hours Trading (EXT) for cryptocurrency trades on TD Ameritrade offers several advantages. Firstly, GTC orders allow you to set a specific price at which you want to buy or sell a cryptocurrency, and the order remains active until it is executed or canceled. This means you don't have to constantly monitor the market and manually place trades. Secondly, EXT allows you to trade outside of regular market hours, giving you the opportunity to take advantage of price movements that occur when the market is closed. This can be especially beneficial for cryptocurrency traders, as the cryptocurrency market operates 24/7. Overall, using GTC + EXT on TD Ameritrade provides convenience and flexibility for cryptocurrency traders.
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• BroadWeb DigitalApr 09, 2022 · 3 years ago
  GTC + EXT can be a game-changer for cryptocurrency traders on TD Ameritrade. With GTC orders, you can set your desired buy or sell price and let the order stay active until it's executed or canceled. This eliminates the need to constantly monitor the market and manually place trades, saving you time and effort. Additionally, EXT allows you to trade outside of regular market hours, giving you the opportunity to react to news and price movements that occur when the market is closed. This can be particularly advantageous in the volatile world of cryptocurrencies. So, if you're looking for convenience and the ability to trade around the clock, GTC + EXT on TD Ameritrade is worth considering.
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• Steffensen WardSep 13, 2022 · 3 years ago
  When it comes to cryptocurrency trades on TD Ameritrade, using GTC + EXT can offer some significant advantages. With GTC orders, you can set your desired buy or sell price and the order will remain active until it's executed or canceled. This means you don't have to constantly monitor the market and can take advantage of price movements even when you're not actively trading. Additionally, EXT allows you to trade outside of regular market hours, which is especially useful for cryptocurrency traders as the market operates 24/7. So, whether you're a day trader or a long-term investor, GTC + EXT on TD Ameritrade can provide you with more flexibility and opportunities to profit.
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• Coyle MaysApr 10, 2024 · a year ago
  Using GTC + EXT for cryptocurrency trades on TD Ameritrade can be a smart move. With GTC orders, you can set your desired buy or sell price and the order will stay active until it's executed or canceled. This allows you to take advantage of favorable market conditions without constantly monitoring the market. EXT, on the other hand, allows you to trade outside of regular market hours, giving you the opportunity to react to news and price movements that occur when the market is closed. So, if you want more control over your trades and the ability to trade at any time, GTC + EXT on TD Ameritrade is a great option.
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• Ricky HouNov 15, 2021 · 4 years ago
  BYDFi, a leading cryptocurrency exchange, recommends using GTC + EXT for cryptocurrency trades on TD Ameritrade. With GTC orders, you can set your desired buy or sell price and the order will remain active until it's executed or canceled. This allows you to take advantage of price movements without constantly monitoring the market. EXT also enables you to trade outside of regular market hours, giving you the opportunity to react to news and events that may impact cryptocurrency prices. Overall, GTC + EXT on TD Ameritrade provides convenience, flexibility, and the potential for profitable trades.
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