Narrator: A good till canceled order allows you to place a buy or sell order that remains open until filled, canceled or expired. To begin placing a good till canceled order, tap Trade.
Trade is tapped
Narrator: Designed to make trading intuitive, the trade ticket populates relevant data as you build your order, starting with the symbol.
Home Depot is searched and selected
Narrator: Next, choose to buy or sell and enter the number of shares you want to trade. Then choose the order type. For this example, we'll place a limit order.
Buy is selected for Action and Quantity is set to 1
Narrator: Then set your limit price. Under Timing, select Good till Canceled.
Limit price is set to $291 and Timing is set to Good till canceled
Narrator: Additionally, you can choose good till canceled + extended when placing a stock or ETF limit order. By default, orders will be good for 180 days, but if the market is closed at the end of that period the order will expire sooner. This is most common if orders expire on a weekend or holiday. Tap the date to set a custom order expiration date up to 180 calendar days. Once done, you're ready to review your order.
Review Order is tapped
Narrator: Then, just confirm the details to place your trade.
Place Order is tapped
Video outro plays
Learn how to place a trade using good till canceled or date on the Schwab Mobile App.