Selling stock on the Cash App can be daunting if you don’t know the process. The worst part is that you can even lose your money if you don’t do it the right way.
If you are someone who has purchased stock or wants to purchase stock and you are thinking of how to sell it, then this article is for you. In this post, I will walk you through a step-by-step guide on how to sell stock on the Cash App.
So, come with me. Let’s get started.
How to Sell stock on Cash App.
If you are in a rush, here is a summary of how to sell stock on the Cash App.
- Open the app on your mobile phone.
- Then click on the investing tab on the screen.
- Scroll down to portfolio tab and click on it.
- Choose the stock you want to sell.
- Press the sell button.
- Input the price you want to sell at.
- And confirm your pins.
Here is detailed Guide. Make sure you read it carefully.
Step 1: Open the app on your phone.
Open the app if you have it already. However, if you don’t have it, follow this link to download it.
Step 2: Click on the “investing” tab on the screen.
Once you are on the home page, you then click on the investing tab at the bottom of the page.
Step 3: navigate to the portfolio tab.
Scroll down to portfolio tab and click on it.
Once you click on the portfolio tab, you will see the list of stock that you own. Then select the once you want to sell.
Step 4: Select “sell button” and schedule the order.
Once you select the stock you want to sell, you will be taken to the detail page of the stock. Then select the “sell button”.
Then Click the three dots button to input your desired amount or select a preset amount.
It is important to note that the market operates only from Monday to Friday. If you place an order on weekend (Saturday or Sunday), your order is not going to get executed until the following Monday.
When you are done scheduling the order, you will need to input your pins for security purposes, after the verification, your order will be placed.
Can I cancel a sale order in the cash app?
Yes, as long as your order has not been executed, you can always conceal your order on the Cash app.
If for any reason you want to cancel your order that has not executed, you can head over to your list of orders and cancel it.
What is the difference between a realized and an unrealized gain?
“Unrealized gain” is what your gains are before you actually sell the stock. When you actually sell the stock, it will be a realized gain.