Friday, March 18, 2016

Basic Lesson 7: How to SELL STOCKS using COL Financial During Trading Hours

The procedure on how to SELL stocks is just the same as buying stocks. The only difference this time is that you have stock to sell.

Just go to the same tab "Trade" then click the "Enter Order". Then follow procedure as follows:

Step 1
- I use CPG as a sample this time because I had sold my BPI already. Assuming I sell around 1,000 shares of my total CPG shares.


- You just have to input again the stock code, # of shares and how much you want to sell you stock.
- Typically, you can sell at the nearest BUY (BID) price. Alternatively, you can request to sell at a higher price so that if the stock suddenly go up then it will pick your SELL ORDER. 
- Parang i-abang mo lang. Dito e parang nagbebenta ka lng sa palengke. Kung sa tingin mo e nasa mas mahal dapat ang presyo ay ibenta mo sa mas mataas na presyo.

STEP 2
- Same as to how to execute buy stocks, you just have to type your password again to confirm the transaction. Below are the details of your requested SELL transaction.

Step 3
Step 3 will just confirm that your sell request was sent for execution.

- If somebody bought the shares you are selling then it will be remove from your stock portfolio and goes to your available equity. You can verify your transaction from your Trading History.

I think that's it.

Good Luck!