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GTT (Good Till Triggered) – A Smart Way to Automate Your Trades

Post Date : April 29, 2025

In the fast-moving world of stock markets, staying glued to price movements all day can be overwhelming—especially for investors and traders who have a target in mind but lack the time to constantly monitor charts. This is where the Good Till Triggered (GTT) order comes into play.
GTT is a powerful, trigger-based mechanism that allows you to set a buy or sell order for a security, which remains active until the desired price is reached or the order is cancelled. It combines the flexibility of automation with the simplicity of traditional trading—ideal for investors who want to set it and forget it.

What Is a GTT Order?
A GTT order is a conditional order type where your trade is placed only when the trigger condition is met. You specify a trigger price (the price you want to be alerted at), and once the market hits that level, your actual buy or sell order is placed on the exchange.
Think of it as a two-step process:
1. Set the trigger condition.
2. Once triggered, the actual order is sent to the exchange for execution.
These orders stay valid for up to 90 days, unless executed or cancelled manually. This means you don’t have to log in every day or react to price fluctuations manually.

Real-Life Example of How GTT Works
Let’s say an investor bought shares of a company at ₹100 and wants to sell them at ₹105. Instead of manually tracking the market, the investor can simply place a GTT Sell Order with a trigger price of ₹105. When the stock hits ₹105, the system automatically places a sell order on the exchange.
If the stock doesn’t hit ₹105, the order simply waits in the system—no action required from the investor.

Why Should You Use GTT?
GTT isn’t just a convenience—it’s a strategy enhancer. Here’s what makes it so valuable:

• Reduces manual effort: You don’t need to monitor markets constantly.
• Acts as a profit-protection tool: You can secure small profits or minimize losses by pre-setting price targets.
• Long validity: Unlike intraday or normal orders that expire daily, GTT orders remain valid for one full year.
• Ideal for long-term investors: You can set target prices and walk away confidently.
• Improves discipline: Removes emotional decision-making and promotes strategic investing.

Who Should Use GTT Orders?

GTT is perfect for:

• Investors with long-term price targets
• Swing traders looking for specific entry/exit points
• Busy professionals who can't track the market regularly
• Investors who want to automate trade execution without writing code or using APIs

Whether you are capturing short-term momentum or waiting patiently for your desired buy price in a quality stock, GTT is your silent assistant.

Why Your GTT Order May Not Trigger

Even with everything set up, some GTT orders may not get executed. Here’s why:
1. Insufficient Balance or Holdings
o For buy orders, ensure you have enough funds in your trading account.
o For sell orders, the required quantity must be present in your Demat Account.

2. Trigger Price Not Reached Within Validity
o GTT orders have a maximum validity of 90 days.
o If the price doesn’t hit the trigger point in that time, the order expires.
3. Invalid Price Range or Frequent Modifications
o Ensure your trigger price is within the allowed range for the stock.
o Constantly modifying GTT orders can lead to rejection due to system validation issues.

How to Avoid GTT Rejection

• Always cross-check whether your trigger price is within the permitted price range.
• Ensure adequate margin or shares in your account.
• Avoid over-editing the order once placed.
• Set realistic trigger prices based on the stock’s volatility and support/resistance levels.

When Should You Use GTT Orders?

• When you’re expecting a breakout or pullback to a specific price level.
• When you want to accumulate shares at lower levels gradually.
• When you’re booking profits at a pre-defined target, without actively trading.
• When you’re planning to set stop-loss levels to protect downside risk.

GTT is especially useful during result seasons or volatile periods, where you want to place trades—but not get caught in the noise.

Need Help?
Contact RMoney at 0562-4266600 / 0562-7188900 or Email us at
askus@rmoneyindia.com