What can I count on if I get a GTC term on some stock? This is different then when dealing with a stock that doesn’t have this term attached to it, I know this far, but it would be a little bit harder for me to go from this point without your help. Can you tell me what this GTC is all about?
Good till canceled is a great thing to have on a stock that you are interested in. This means that you have this stock secure more then one trading date. This stock will not be change until investors say so, so you have some extra time to think about what you would like to do with it in the future. I like this term very much and I can tell you that I almost only deal with these kinds of stocks, because it saves me a lot of headaches to be frank. You need to feel it once and you will never be able to get rid of that sensation.
