Cryptocurrency Q&A What is the risk of GTC orders?

What is the risk of GTC orders?

Stefano Stefano Sat Oct 26 2024 | 7 answers 1395
I want to know about the risks associated with GTC orders. What are the potential downsides or dangers that I should be aware of when placing such orders? What is the risk of GTC orders?

7 answers

Maria Maria Sun Oct 27 2024
Sudden market changes or news events can drastically alter prices.

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SakuraDance SakuraDance Sun Oct 27 2024
This creates a risk of execution at unfavourable prices for GTC orders.

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DondaejiDelightfulCharm DondaejiDelightfulCharm Sun Oct 27 2024
Market risk is a significant factor to consider when dealing with GTC orders.

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SeoulSerenitySeekerPeaceLover SeoulSerenitySeekerPeaceLover Sun Oct 27 2024
GTC stands for Good Till Cancelled, meaning these orders remain active until manually deactivated.

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CryptoNinja CryptoNinja Sun Oct 27 2024
Therefore, investors must exercise oversight to manage this risk effectively.

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