You should place a GTT Order in the following cases:

• When you want to enter a trade at a specific price in the future.
• When you want to exit the trade at a specific price. In this case, you can add a Stop-Loss to limit losses and a Profit Target.

With GTT, you don’t need to track or place orders every day for a stock or script that you’re interested in, and the order stays in the system for multiple days.