InvestorsHub Logo
Followers 363
Posts 113743
Boards Moderated 5
Alias Born 12/28/2000

Re: goforthebet post# 2486

Thursday, 01/12/2012 1:13:27 PM

Thursday, January 12, 2012 1:13:27 PM

Post# of 6233
I rarely use GTC because I am in front of the computer all day. I had a broker friend who told me years ago when I first started trading in the mid 90's that GTC orders would get passed over a DAY order. I have never ever seen this written anywhere so I have no proof that it is true but it always sticks in the back of my head. I would rather set a new day order each day. As far as your broker not allowing GTC, you need to call them and question this. That should not be.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.