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Basics about Orders - Table of Contents
Types of Orders: Market Order
Types of Orders: Limit Order
Types of Orders: Stop Order
Orders Validity: GTC Orders (Good Til Cancelled)
Orders Validity: GTF Orders (Good Til Friday)
Orders Validity: Day Orders
The GTC Order is a very common type of Order; it remains valid, 24 hours a day, until you cancel it. Such an Order is not automatically cancelled at the close of business on Friday evening either; it is reinstated on Monday morning unless you specify otherwise.