The Good This Week (GTW) order type is an order that remains active until the end of the week in which it is issued. If the order is not executed prior to the end of the week, it will be automatically canceled. This will look at the Good this Week (GTW) order type and how you can use it to your advantage.Buying a Good this Week order comes highly recommended for investors who feel that the market is ripe for a stock to move. These types of orders are cheap and are in the market until the end of the week. These orders are therefore quite risky and should only be used when the individual is highly confident the sudden move will occur. The risk is that the market doesn't react as expected, causing the order to not be completed.Good this week (GTW) orders are similar to stop-loss orders, except that these orders are only active for one week. This order type can provide you with a good price to sell an algorithm order, but also provides you with a good price to buy an algorithm order.
