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✅ Trade with our Sponsor Broker: Trade Nation http://www.financial-spread-betting.c... ✅ Check our website: http://www.financial-spread-betting.com/ ✅ Please like, subscribe & comment if you enjoyed - it helps a lot! Which is Better, Good Till Cancelled or Day Order Types? What is the difference between day order and good till cancelled? What does good till cancelled mean? How long is a GTC order good for? What is a good for day limit order? OK. Day Orders and Good Till Cancelled (GTC) Compared You might put a stop or limit order in; usually you have a choice between GTC (Good till Cancelled) and Day orders. What are they, when are they best used for and which is better in what circumstances? GTC pretty much means what it says on the tin; if you place an order it will stay there until you cancel it or until it is filled. A Good-Till-Day order is one that will cancel at the end of the trading day if it does not fill. As such a Good till Day will stay there until the end of the trading day. ✅ Our channel sponsor for this month are Trade Nation meaning these guys are covering our costs of operation. We only accept reputable and properly regulated providers as sponsors. Please support us by trading with this provider. Trade Nation offer the popular MT4 platform as well as an easy-to-use web trading platform with fixed spreads. Sign up with Trade Nation: http://www.financial-spread-betting.c... 📜 Disclaimer 📜 81.7% of retail investors lose money when trading CFDs and spread betting with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money. Related Videos Market Orders vs. Limit Orders: Which Should You Use? ☝ • Market Orders vs. Limit Orders: Which Shou... Unusual Order Types: Fill-Or-Kill (FOK), Immediate-Or-Cancel (IOC) & All-Or-None (AON) Orders 👍 • Unusual Order Types: Fill-Or-Kill (FOK), I...