How to sell stock on Robinhood?

If you want to learn how to sell stocks on Robinhood then you are on the right page.

We will also include the topics such as what happens when you sell stock on Robinhood and how long does it take to sell stock on Robinhood.

How do I sell stock on Robinhood?

Here we will be talking about how you can place an order for sell in the market, i.e. selling a stock. The price you traded previously while selling will be different from the next sell order in the market.

There are two methods to sell all the stocks on Robinhood:-

  • Via Web
  • Using the Mobile App

Selling Robinhood Stocks via Web

The steps involved that you need to be followed are mentioned below:-

  1. From the web, go to the page of Stock Detail.
  2. There you will see the history of stock transactions, analyse the ratings, earnings of the company and important information that you will need while stock selling.
  3. Next move to the Order section and tap on the Sell tab.
  4. Now, pick the class whether you want to sell the stocks in shares or dollars. 
  5. Next tap on Review Order to confirm that what you entered is accurate.
  6. Now, you can proceed to tap the Submit button in order to sell the order.

How to sell my stocks on Robinhood through Mobile App –

Follow the steps to sell the stocks:-

  1. Click the Stock Detail section. The information regarding selling stocks, ratings, earnings, and stock performance are available in this section.
  2. Click the option “Trade”.
  3. Now, hit on the Sell button.
  4. Select dollars or shares in which category you want to sell. You can also see how much you will acquire by selling the stock
  5. Pick whether you want a limit order or market order. Each has its own benefits.
  6. Now tap the Review button to check that what you entered is valid.
  7. At last, click the Submit button.

What ensues when stock is sold on Robinhood-

As you tap the submit button to sell the stock, Robinhood transmits the orders to the producers of the market who deal in trade. Once the stock is sent you will see the options “clearance and settlement” occurring on your screen. This would take 2 working days to move the stocks.

How long it takes to trade stock on Robinhood-

It usually depends on the liquidity, demand on the market, and stock characteristics that you wish to sell. It relies on the order type such as market or the limit order.

How to buy and sell stocks on Robinhood after hours-

You need to upgrade to the Gold version so that you can buy and sell after hours.

  1. Click the Account tab.
  2. Next, tap the three horizontal bars available on the right side of the screen. A menu will pop up just tap on the Settings tab.
  3. Hit the Robinhood Gold tab.

After enabling the Gold option now follow the following steps:-

  1. Tap on the Trade button.
  2. Select, Buy or Sell tab according to your necessity.
  3. Next, enter the amount for buying or selling of stocks.
  4.  Pick Dollars and tap Buy in Shares for buying and for selling Sell in Shares.
  5. Review the order and if something is left out you can tap the Edit button.
  6.  Now you can swipe up and submit the order.

Stocks selling and buying on Robinhood is quite favorable after hours.

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