What is the meaning of good till cancelled, good till end of day and good till date/time?
Good till cancelled (GTC) denotes that as long as the market price does not reach the order price, your order will continue to be active until you decide to cancel it. Good till end of day denotes that as long as the market price does not reach the order price, your order will continue to be active until the market closes. Good till date/time denotes that as long as the market price does not reach the order price, your order will continue to be active until the date and time that has been specified by you.
