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  1. Home
  2. /Glossary
  3. /Time in Force
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trading

Time in Force

A trading parameter that determines how long an order stays active before it's cancelled.

Definition

A trading parameter that determines how long an order stays active before it's cancelled. Common types include GTC (Good Till Cancelled, stays until filled or manually cancelled), IOC (Immediate or Cancel, fill what you can and cancel the rest), and FOK (Fill or Kill, fill entirely or not at all).

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Related Terms

Limit Order

An order to buy or sell at a specific price or better.

Market Order

An order to buy or sell immediately at the best available price.

Order Book

A list of all buy and sell orders for an asset, organized by price.

Accumulation Phase

A period when smart money quietly buys up an asset before a major price move.

Annualized Return

The average yearly return on an investment, calculated to account for compounding.

Arbitrage

Profiting from price differences of the same asset across different markets.

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