Sell a stock

Hi, I’m Nora, Pinnora’s animated guide.

In this video, you’ll sell some shares you own,

and see exactly where the money goes.

We’ll open a holding, choose an amount in dollars,

and press and hold to sell.

Then we’ll follow the money.

Our sample member, Alex, owns some Apple shares.

Let’s sell part of them.

On Home, tap “Stocks”. The cards now show only your shares.

Swipe across to see each holding.

Alex’s Apple shares are worth $400.00.

In the list underneath, tap the stock to open its page.

This is the stock’s page. At the bottom are two buttons: “Sell” and “Buy”.

There’s a shortcut, too. Tap the plus button, then “Stocks”,

then “Sell stock”.

Pinnora lists all your holdings.

A coin in this list opens the Trade page instead.

Video 11 covers that.

For a stock, tap it, and the sell sheet opens.

Either way, you get the same sheet. Here,

Alex taps “Sell” on the stock’s page.

At the top, it says “Sell AAPL”.

That’s Apple’s ticker symbol.

It’s a market order, so it goes through straight away, at the price shown.

“Sell” is already chosen. If you meant to buy, you can switch here.

Now the amount. You sell by the dollar, not by the share,

so you can sell part of a share.

Type an amount, or tap one of these.

Say Alex taps $500. That’s more than the holding is worth.

So the sheet says “You only hold $400.00 of AAPL”.

And the button turns grey.

You can sell any amount from $1,

up to what your holding is worth.

Alex chooses $100. Underneath,

you see roughly how many shares that is.

Check the amount once more. Then press and hold the button for one second.

If you let go early, it cancels,

and nothing is sold.

Keep your finger on it while the bar fills.

Order placed. The sheet shows how much you sold,

and at what price.

Tap “Done”. A short message reminds you it’s in your transaction history.

Back on the stock’s page, scroll down to your Apple history.

Alex now holds $300.00 worth, and the sale is at the top.

Tap the sale to see its details.

The “Account” line says “Trading account”.

That’s where the money went.

It arrives as US dollars, straight away. To see it, open your Wallet,

and tap “US Dollar”.

Here’s the $100.00 from the sale,

in the trading account. The rest of Alex’s cash is in the funding wallet.

From here, you can send it to a member,

or move it to your funding wallet with “Transfer”.

Or use it to buy something else.

Pinnora also sends you a notification.

It says what you sold, and that the money is in your trading account.

And the sale is listed in your history,

under “Transaction”.

A few things worth knowing.

Selling shares carries no fee.

The full amount lands in your trading account.

A sale is final. To own the stock again,

you’d buy it back, at the price at that time.

While the sheet is open, its quote keeps up with the market.

Mutual funds sell the same way,

from the fund’s own page. And to withdraw money, see video 8.

Now you know how to sell a stock.

Open your holding, from Home or the + button.

Tap “Sell”, and choose an amount in dollars.

Press and hold for one second.

Your dollars land in your trading account, straight away.

And you get a notification, and a line in your history.

Need help? Chat with us in the app,

or e-mail helpdesk@mypinnora.com.

Thanks for watching. See you next time.