Personal Finance

How do I sell my Stocks with TD?

  • Last Updated:
  • Oct 3rd, 2014 11:45 pm
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[OP]
Deal Addict
User avatar
Feb 19, 2014
1923 posts
766 upvotes
Toronto

How do I sell my Stocks with TD?

Hi there,

I have never sold a stock before. To be honest, it's been so long since I bought stocks, I don't even know how to really buy them.

Here are my options...

Account: TFSA TD Direct Investing
Action: Sell
Quantity: 1500 shares (all of my shares)
Symbol:
Market: US Market
Price: "Market" or "Limit Price $"
Order good for: "Day" or "Good 'til"
Special Instructions: All or None Stop Limit $


I don't know what to put for Price. What is the difference between "Market" and "Limit Price"?
What is "Order good for"?
And do I need to input any special instructions?

Thank you for taking the time.
5 replies
Deal Addict
Mar 10, 2011
2118 posts
261 upvotes
Toronto
For market price, the shares will basically be sold immediately at whatever the going price is at that time.
A limit price will not sell until an offer for your price is met.
Order good for is how long your sell order is valid for. So if you put in a limit price that you want to sell for, you can put in an order for one day. At the end of the day, if nobody meets your price and buys, then your order expires and is no longer valid.
Penalty Box
Apr 16, 2012
3565 posts
683 upvotes
Greely
I am curious, if u held onto ur shares for so long...what is it? 1500 shares of brk?
Deal Addict
Jan 21, 2014
3819 posts
1604 upvotes
probably some fruit company (apple?) bought in 1999 when it was about $10 a share I suppose ;)
Member
Dec 17, 2003
282 posts
42 upvotes
Toronto
Call 1-866-465-5463, TD Direct Investing and they'll take care of the rest for you at no extra charge.

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