Currency

Good Till Cancelled Order (GTC)

A limit order is an instruction to buy or sell a financial asset at a specified price or better. This order remains open until it is executed or canceled by the trader. It allows investors to set a desired price for buying or selling a security, providing them with more control over their trades. Utilizing limit orders can help minimize risk and maximize potential profits in the volatile world of finance. So remember, when placing a limit order, always stay mindful of market conditions and your investment goals.

Related terms

Z-Score

Understand the meaning and definition of Z-Score in the context of stock market, trading, and investments.

MORE
Margin account

Understand the meaning and definition of Margin account in the context of stock market, trading, and investments.

MORE
Overnight

Understand the meaning and definition of Overnight in the context of stock market, trading, and investments.

MORE
Exchange Rate

Understand the meaning and definition of Exchange Rate in the context of stock market, trading, and investments.

MORE
Fill

Understand the meaning and definition of Fill in the context of stock market, trading, and investments.

MORE
Direct quotation

Understand the meaning and definition of Direct quotation in the context of stock market, trading, and investments.

MORE
Open Free Demat Account!

Join our 3.5 Cr+ happy customers

+91
Explore other categories
Enjoy Zero Brokerage on Equity Delivery
4.4 Cr+DOWNLOADS
Enjoy Zero Brokerage On Stock Investments

Get the link to download the App

Get it on Google PlayDownload on the App Store
Open Free Demat Account!
Join our 3.5 Cr+ happy customers