GTT is the best feature to enjoy stress-free trading without any requirement to track the prices consistently. Here are the top-notch uses of the GTT order feature;
- Save time and effort: You don’t need to track price ups and downs every second, thereby, saving time and effort.
- Easy to use: GTT orders do not involve complex jargon, useful for beginners to expert-level traders. Moreover, a GTT order can be incorporated with a stop loss and target order called 3 leg orders at one shot.
- Availability of GTT order forEquity intraday, delivery, and F&O segment.
- Better trade management as when you place a buy order to purchase shares, at the same time, you can place 2 GTT orders; one is target order to book profit or another is stop-loss order to limit losses.
- Longer validity: GTT for equity delivery segments are valid for a year.