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What is the meaning of GTC+EXT on TD Ameritrade in the context of cryptocurrency trading?

avatarBlew BlewyDec 18, 2021 · 3 years ago3 answers

Can you explain the meaning of GTC+EXT on TD Ameritrade in the context of cryptocurrency trading? I'm new to trading and would like to understand what this term means and how it relates to cryptocurrency trading.

What is the meaning of GTC+EXT on TD Ameritrade in the context of cryptocurrency trading?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    GTC+EXT stands for Good 'Til Canceled with Extended Hours. It is an order type on TD Ameritrade that allows traders to place orders that remain active until they are filled or canceled. The 'Extended Hours' part means that the order can be executed during pre-market or after-hours trading sessions, which are outside of the regular trading hours. This order type is commonly used in cryptocurrency trading to take advantage of price movements that occur outside of regular trading hours.
  • avatarDec 18, 2021 · 3 years ago
    GTC+EXT is a convenient order type for cryptocurrency traders who want to place orders that remain active for an extended period of time. It allows them to participate in pre-market and after-hours trading, which can be particularly volatile in the cryptocurrency market. By using GTC+EXT orders, traders can take advantage of price movements that occur outside of regular trading hours and potentially profit from them.
  • avatarDec 18, 2021 · 3 years ago
    GTC+EXT is a popular order type among cryptocurrency traders on TD Ameritrade. It allows them to place orders that remain active until filled or canceled, even during pre-market and after-hours trading sessions. This means that traders can take advantage of price movements that occur outside of regular trading hours and potentially capitalize on them. If you're interested in cryptocurrency trading, you should consider using GTC+EXT orders to maximize your trading opportunities.