account with Keytrade, intend holding for several years, Day or GTC

forbes

Registered User
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57
Hi,

I opened an account with Keytrade. I intend on holding shares for several years at a time. My question is when placing a trade should I pick Day or GTC?

I was under the impression if I making a market trade it didn't matter as the order would be filled at the current price.

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Forbes Ive edited your title and moved your question regarding the ability to edit titles here:
 
You are right. It doesn't matter. Day or GTC for Limit orders only. Actually my broker's software hide it when I pick market order.
 
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