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How Do I Sell My Stock

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Many investors find themselves asking the question, “how do i sell my stock“.  This question arises in most occasions when a person did not open the position, but received the stock as a gift or part of a retirement plan.

How Do I Sell A Stock When I Opened The Position

There are times when investors are unsure of how to close a position that they themselves opened.  The trader should log into their account and find the tab which displays their open positions.  The next step is to verify the total number of shares for your position.  You will then want to navigate to the order screen and type in the symbol and number of shares for the open position.  There will be an option to “sell”.  After you click sell, most brokers will have a verification screen, at which point you will want to review the order.  Lastly, you will want to click “execute” and then make sure to write down the order execution information for your records.

How Do I Sell A Stock When I Received it in my 401k

Selling a stock that is a part of your retirement plan is a simple process, but requires a few more steps than our previous example.  The first thing you will want to do is figure out which broker is managing your 401k plan.  You should have received some sort of paperwork in the mail, or an email with a portion of your account information.  Once you have received your login information, you will want to navigate to the order screen and close out the position.  Unlike online trading brokers where you can close out the position within seconds, retirement accounts are settled at the end of the day.

How Do I Sell A Stock When I Received it in a Will

If you receive a stock as part of a will where it is issued to you in a stock certificate, you will want to contact a transfer agent.  The transfer agent keeps records of the outstanding stock certificate and the name of the person whom it is registered to.  Your deceased loved one should have transferred the stock certificate over to you as part of settling their outstanding affairs.

Alton Hill

Alton Hill

I am one of the co-founders of Tradingsim and an IT consultant who specializes in large scale Systems Integration projects. I have traded the markets actively since 2000 and believe that true trading mastery comes from practice . When I'm not working on a new day trading strategy, I enjoy spending time with my wife and 3 young sons.
Alton Hill

Comments

  1. Masterwolf420 says:

    how do i sell stock in my start up 

  2. i was hoodwinked in a boiler room scam and have been left with shares. i cant reach the broker, the company has been taken over and I have moved house. I want to know how to go about finding out how many shares I have and if I can sell them. I have approached other brokers but they are only interested in selling me more shares before they help with this problem. Can anyone give me some help pleeease

  3. dan leasure says:

    my dad left his 6 kids 49 shares of prudential stock. it has been transfered into his estate. how do i sell the stock so i can distribute it to each heir?

  4. my wife recieved stock from an employer over the years the stock has split , we would like to sell the stock , how do we do this? we have the stock certificates.

  5. Dunbarjr says:

    my family purchased stocks for me how do i sell them if i don’t know where the paperwork is?

  6. my stock is worth  63000 but the company wants 12.50 a share to handle the  sell how can i not pay that much to sell it

  7. Hotdog62156 says:

    I have 2 shares of common ADP stock from years ago when I was employed there…I keep getting these .75 to .90 cent quarterly dividend checks, would just like to sell these 2 common shares, without paying an arm and a leg for brokerage fees…any ideas ?

  8. Liamarnold91981 says:

    im in a financial crisis and want to sell shares that i own with balfourbeatty.i bought them through being and still am an employee

  9. i have a stock certificte. i want to sell it,.but how?

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