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?
7 answers
Maria
Sun Oct 27 2024
Sudden market changes or news events can drastically alter prices.
SakuraDance
Sun Oct 27 2024
This creates a risk of execution at unfavourable prices for GTC orders.
DondaejiDelightfulCharm
Sun Oct 27 2024
Market risk is a significant factor to consider when dealing with GTC orders.
SeoulSerenitySeekerPeaceLover
Sun Oct 27 2024
GTC stands for Good Till Cancelled, meaning these orders remain active until manually deactivated.
CryptoNinja
Sun Oct 27 2024
Therefore, investors must exercise oversight to manage this risk effectively.