⏳ GTT Order (Good Till Triggered)
Part of Complete Stock Market Learning Series
📌 What is a GTT Order?
GTT (Good Till Triggered) Order is a special order type where you set a trigger price, and the order remains active until the price is reached.
Once the trigger price hits, the system automatically places your buy or sell order.
⚙ How GTT Order Works?
- You set a trigger price.
- The broker monitors the stock price.
- When trigger price is reached, a limit order is placed automatically.
- The order executes if market conditions allow.
It is useful for investors who cannot monitor markets daily.
📊 Example of GTT Order
Suppose a stock is trading at ₹1,000.
- You want to buy it at ₹900 → Set GTT trigger at ₹900.
- You want to sell it at ₹1,200 → Set GTT trigger at ₹1,200.
When the price touches your trigger level, your order gets activated automatically.
🎯 Advantages of GTT Orders
- No need to track market continuously
- Long-term validity (remains active for months depending on broker)
- Helps in disciplined entry and exit
- Useful for target and stop-loss planning
⚠ Risks of GTT Orders
- Execution is not guaranteed after trigger
- Sudden price gaps may skip your level
- Low liquidity stocks may cause partial execution
💡 When Should You Use GTT?
- For long-term investing targets
- For predefined stop-loss levels
- If you cannot watch markets daily
- For disciplined profit booking
⚖ Important Note
GTT orders help automate trading decisions but do not eliminate market risk. Always review your trigger levels periodically. This content is for educational purposes only.
🚀 Trade Smarter with Automation
Understanding advanced order types like GTT helps you manage entries, exits, and risk more efficiently without emotional decisions.
Join Premium Program