Time in Force
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Time in Force defines how long an order remains active if it is not filled.
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Day: the order stays active only for the current trading session and is automatically cancelled at the end of the day.
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GTC (Good Till Canceled): the order remains active across sessions until it is filled or manually cancelled.
Use Day for intraday setups and GTC when you want the order to stay valid until price reaches your level, even on another day.