BankSocial

Expires at the end of the current trading day

- Expires at the end of the current trading day
- If not filled, it automatically cancels

- Short-term trades
- Intraday strategies

Remains active until filled or manually canceled

May remain open for weeks (subject to platform limits)

- Remains active until filled or manually canceled
- May remain open for weeks (subject to platform limits)

- Longer-term price targets
- Strategic entry/exit planning

Even GTC orders may automatically expire after a set period depending on brokerage policies.

Want immediate execution? → Market order

Want protection with price control? → Stop-limit

Want order to expire today? → Day order

- Want immediate execution? → Market order
- Want price control? → Limit order
- Want downside protection? → Stop order
- Want protection with price control? → Stop-limit
- Want order to expire today? → Day order
- Want order to stay active? → GTC

These settings determine how long your order remains active.

Day Order vs. Good-Til-Canceled (GTC)

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Day Order vs. Good-Til-Canceled (GTC)

Day Order

Good-Til-Canceled (GTC)

Choosing the Right Order Type