Day Order:

day order is an order to buy or sell a security that expires at the end of the trading day, when the market closes. If the order is not executed on the day it was placed, the order expires.

Good-until-cancelled (GTC):

It is an order to buy or sell a stock until the order is filled or the investor cancels it.

*Please note: If your GTC order doesn’t execute within 90 days, it’ll be canceled automatically. You can place the limit order again if you wanted to.

How to select Order Duration?