Good-Till-Canceled Orders: When They Expire
Summary
Hollow Point Trading shares a short explainer on how good-till-canceled orders differ from day orders and why they can still expire under broker rules. It highlights the risk of leaving an unfilled buy limit open after the original reason for the trade has changed, reminding traders to review persistent orders.
https://youtu.be/wBF0BMylvNU
Good till canceled does not always mean forever #Shorts
A good till canceled order can still expire under your broker rules. Imagine an unfilled buy limit left open after your original reason for buying has changed. Persistence is an instruction about duration, not proof that the trade still makes sense. Unlike a day order, a supported good till canceled order can remain across trading days. But brok...
