Ray: How Dose Selling your Stocks in the Stock Market Work?
How Dose Selling your Stocks in the Stock Market Work?
Can you sell your stock in the stock market instantly?
Do you sell the stock back to the compony you bought it from or do you have to sell your stock to others who are buying stock? Is it possible you wont be able to sell your stock once it’s at it’s highest point?
Answers and Views:
Answer by exactduke
You sell stocks, the same way you bought them (almost). You sign on to your brokerage account, and put in a sell order. It is that simple. They sell instantly, You do not sell back to the company, you sell to other investors like yourself. There are ALWAYS BUYERS out there.
It is a secondary maarket so you sell and someone buys. Instantly?-yes, as quick as you can press a butoon or ‘phone a broker (depends exactly what you mean by instantly). You can always sell if there is a liquid market (you should find that out BEFORE you buy. Highest point, how do you know when it’s at it’s highest point (only after it has come down from its highest point)Answer by thomas p
If you acquired the stock from source other than buying the shares yourself, you should take the paper stock certificate to a discount broker. Perhaps, your shares were acquired through inheritance or a gift? Stocks are sold on an exchange and the sell is just like buying or selling a product at an auction.Answer by Rodeo64
You use a stock broker to purchase the stocks and you use a broker to sell them. When you put the sell order in depending on your agreement you signed when you purchase will depend on the time from when you give the sell order to the date the actual transaction takes place.
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