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Order Types

Good Till Cancelled (GTC)

Definition

An order that remains active until it is either filled or manually cancelled by the trader.

Why Good Till Cancelled (GTC) Matters to Traders

Choosing the right order type is the difference between getting filled at your price and slipping into a bad entry. Good Till Cancelled (GTC) is one of the tools that gives you that control.

Example

A GTC buy limit at $140 for Apple stock remained active for 3 weeks before being filled.

How to Use Good Till Cancelled (GTC) in Live Trading

Good Till Cancelled (GTC) — Frequently Asked Questions

What does Good Till Cancelled (GTC) mean in trading?
Good Till Cancelled (GTC) refers to An order that remains active until it is either filled or manually cancelled by the trader. It is a order types concept that traders use when reading price action and managing risk on forex, gold, indices, and crypto markets.
Is Good Till Cancelled (GTC) important for beginners?
Yes. Good Till Cancelled (GTC) is one of the foundational order types concepts every retail trader should understand before placing real-money trades. SignalPro covers Good Till Cancelled (GTC) both in the free Trading School lessons and in the AI-generated signal explanations.
How do professional traders use Good Till Cancelled (GTC)?
Professional and institutional traders treat Good Till Cancelled (GTC) as one input in a confluence — never a standalone signal. They combine it with higher-timeframe market structure, liquidity analysis, and strict 1% risk-per-trade sizing to produce repeatable results.
Where can I see Good Till Cancelled (GTC) applied to live trades?
SignalPro's AI signal feed and chart-analysis tools call out Good Till Cancelled (GTC) setups in real time on EUR/USD, XAU/USD (gold), GBP/USD, USD/JPY, BTC/USD, and 23 other instruments. Free signals include the same reasoning as Premium so you can learn while you trade.

Related Terms

Pending OrderLimit OrderFill or Kill
Reviewed by Daniel Godwin (RiffleFx)
Founder, SignalPro Technology · Last updated July 9, 2026

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