Selling stocks on Robinhood is relatively straightforward once you understand each step involved in executing a successful transaction. The platform offers a user-friendly interface that you can navigate by yourself. Learn more about the market conditions to ensure success in your investment journey.
Robinhood allows commission-free investments in stocks and cryptocurrency. Many users join the platform to make investments. If you're curious about how to sell your stocks on Robinhood, we'll guide you through the process, step-by-step.
Keep your portfolio active by selling stocks on Robinhood using these steps:
To sell stocks on Robinhood, open the Robinhood app or visit its website from your computer's web browser. Log into your account using your credentials.
Once logged in, navigate to the main screen that displays your investments. Select the stock position you're selling by tapping or clicking. After selecting the desired stock position, a page displaying detailed information about that particular stock will appear. Here, you can view its current price fluctuations and other relevant data points such as market capitalization and volume traded.
On the page displaying your stock details, locate and tap on an icon typically represented by three dots arranged vertically or horizontally (⋮). This icon signifies additional options for selling shares for that particular stock.
A drop-down menu containing various actions to manage your investment should appear after clicking the three-dot icon. From this list, select "Sell" to indicate your intention of selling some or all of your holdings for that specific stock.
A new screen will emerge, prompting you to specify the number of shares or quantity you wish to sell. Enter the appropriate value based on your desired selling amount. Robinhood may provide an option to set stop loss or limit orders at this stage if applicable.
Once you've entered the desired quantity of shares for sale, Robinhood will prompt you to select an order type. The two most common order types are market and limit orders:
Choose either market or limit depending on your preference and understanding of stock market dynamics.
Before finalizing your sell order, review all details on the confirmation page. Ensure everything is correct and aligned with your intentions before proceeding further. Once satisfied with all aspects of your sell order, locate and click on the "Confirm" button — typically located toward the bottom right-hand corner of the screen. This executes the sale.
It's important to note that while Robinhood aims to provide real-time pricing information and seamless execution of trades, external factors such as market volatility or technical glitches could impact trade executions temporarily.
There are several options available for contacting Robinhood's customer support. The company's app has a chat feature that allows you to text the support team directly. If you prefer email communication, you can reach out to Robinhood's customer support via email. Send an email outlining your issue or query to its designated support email address.
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