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<ul><li>Discount broker <keyword id="3489555" type="General" weightage="20" keywordseo="upstox" source="Orion">Upstox</keyword> announced the launch of an option called Good Till Triggered, or <keyword id="2483148" type="General" weightage="100" keywordseo="gtt" source="Orion">GTT</keyword>. </li><li>The GTT option allows traders and investors to buy and sell stocks and options with set parameters that remain valid till the trade is executed. </li><li>Here’s what GTT means and how to use it. </li></ul>Upstox today announced the addition of the Good Till Triggered option – also known as GTT – on its platform, giving traders and investors another way to execute their trades according to their parameters. GTT allows traders and investors to enter and exit their trades according to their set parameters, without worrying about re-entering those details manually every day. “With the GTT feature, we hope to provide traders with more convenience, while also encouraging them to maintain a disciplined trading mindset and be aware of their risk appetite. More importantly, traders will no longer have to worry about constantly verifying the status of a single order,” said Shrini Vishwanath, co-founder, Upstox. At the moment, the GTT feature on Upstox is available on the Android app – we were able to verify this and also set parameters. And even though the market is closed today, the GTT feature means that whenever the market re-opens, our trade will be executed when it meets the conditions we set. Upstox says the GTT feature will roll out to iOS soon. It is not available on the web platform, yet. It is worth noting that the GTT option has been available for a while now on other platforms like Zerodha and Angel One. <cmsannotation type="cmsannotation" annotationid="What is GTT?" comment="subhead" text="What is GTT?"><keyword id="13617815" type="General" weightage="20" keywordseo="what-is-gtt" source="Orion">What is GTT</keyword>?</cmsannotation> GTT, short for Good Till Triggered, is a feature that lets you set certain conditions like price and validity. Once your order is placed, it will remain active until the trade is executed. This means you won’t have to repeat the order every day until your conditions are met. <div type="image" title="Upstox GTT1" msid="90843671" hostid="261" caption="&amp;lt;p&amp;gt;The GTT feature at a glance&amp;lt;/p&amp;gt;"></div> For instance, if I want to buy a share of a company named ABC if its price falls below ₹100, I can set this condition by using the GTT option. The order will remain active until the share price falls below ₹100 and the share is bought in my name. Note that I can set conditions like if the price goes above a certain level, or I can also choose to execute the trade at market price. Here’s the GTT order validity explained: <ul><li>Delivery orders – 365 days. </li><li>Intraday orders – one day. </li><li>Futures and options – until the expiry of those futures and options. </li></ul><cmsannotation type="cmsannotation" annotationid="How to place a GTT order?" comment="subhead" text="How to place a GTT order?">How to place a GTT order?</cmsannotation> <div type="image" title="Upstox GTT2" msid="90843690" hostid="261" caption="&amp;lt;p&amp;gt;How to place a GTT order&amp;lt;/p&amp;gt;"></div> Placing a GTT order is easy, here are the steps: <ul><li>Select the stock or futures and options you want to trade in. </li><li>Now, tap on the GTT option on the top. </li><li>Enter your parameters, choose whether you want to buy or sell. </li></ul>Once you have entered all the details, confirm your order and you’re good to go. SEE ALSO: <a href="https://www.businessinsider.in/tech/news/indias-second-largest-government-owned-hydrocarbon-producer-hit-by-a-major-cyberattack-hackers-demand-196-bitcoins-in-ransom/articleshow/90840425.cms">India’s second largest government-owned hydrocarbon producer hit by a major cyberattack, hackers demand 196 bitcoins in ransom</a> <a href="https://www.businessinsider.in/business/corporates/news/air-india-says-alliance-air-is-no-longer-its-subsidiary-heres-what-it-means-for-flyers/articleshow/90841432.cms">Air India says Alliance Air is no longer its subsidiary – here’s what it means for flyers</a> <a href="https://www.businessinsider.in/business/auto/news/electric-two-wheeler-sales-surge-over-5-times-in-2021-22/articleshow/90775731.cms">Electric two-wheeler sales surge over 5 times – Hero Electric, Okinawa corner half the market, Ather’s market share declines</a>

Upstox introduces Good Till Triggered option on its platform – here's what GTT means and how to use it

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Upstox introduces Good Till Triggered option on its platform – here's what GTT means and how to use it

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