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Market Intelligence › Basic Terminologies

GTT ORDER: THE INSTRUCTION THAT STAYS ALIVE FOR MONTHS

How Good Till Triggered works, and its common misconceptions

Published by The Retail Trader · JUL 25, 2026 · Order Flow

A normal order lives for one trading day — the market closes, the order is gone. GTT removes that limitation, but it is not exactly what people think it is.

THIS IS NOT HELD ON THE EXCHANGE

GTT is a broker-side instruction. Your condition sits in the broker's system, and on the day the condition is met, the broker sends the actual order to the exchange.

This means that until the trigger fires, the exchange has no idea about your order, and no margin is blocked until then either.

ITS LIMITS

These points are part of GTT's design:
• Once triggered, it is a normal order — there is no guarantee of a fill.
• If funds or holdings are not available at the time of the trigger, the order is rejected.
• After a corporate action, the old trigger price becomes meaningless — you have to update it yourself.
• Every broker has a different validity period and different rules.

A PRACTICAL POINT

The best use of GTT is to reduce the habit of watching charts constantly, not to outsource risk. Setting a GTT and forgetting about it is fine as long as you re-read the list once a month.

This article is educational only — it is not a buy or sell recommendation, it makes no claim of guaranteed returns, and it is not advice. Rules, rates and mechanics are changed from time to time by the exchanges, SEBI and RBI, so verify every number yourself with your broker or an official source.

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