To buy and sell shares you will need an account.
Sell Orders A sell order is simply the reverse process of buying. Make sure you know how many shares you have in your account when selling a stock. Tell your broker; I wish to sell the 6000 shares of Alternative Fuel Systems Inc. from my account. The ticker symbol is ATF, and the stock is on the Toronto Stock Exchange. I want to sell at 1.50 cents or higher, and keep the order good for the rest of this week.
If the price of ATF hits 1.50 cents or higher, your shares should be sold and the money from the transaction (6000 shares x $1.50 = $9000 - commission fee) deposited into your account within three days, ready to be used in another purchase.
As you can see, if you were to have bought 6000 shares of ATF at $1.30 and sold the 6000 shares at $1.50 after a buy commission of around $20 dollars and a sell commission of around $20 dollars, then you would have made $1160.00 dollars profit!
Sell Orders A sell order is simply the reverse process of buying. Make sure you know how many shares you have in your account when selling a stock. Tell your broker; I wish to sell the 6000 shares of Alternative Fuel Systems Inc. from my account. The ticker symbol is ATF, and the stock is on the Toronto Stock Exchange. I want to sell at 1.50 cents or higher, and keep the order good for the rest of this week.
If the price of ATF hits 1.50 cents or higher, your shares should be sold and the money from the transaction (6000 shares x $1.50 = $9000 - commission fee) deposited into your account within three days, ready to be used in another purchase.
As you can see, if you were to have bought 6000 shares of ATF at $1.30 and sold the 6000 shares at $1.50 after a buy commission of around $20 dollars and a sell commission of around $20 dollars, then you would have made $1160.00 dollars profit!
