How to buy and sell a stock with RBC Direct Investing - YouTube

Whether you're using the RBC Direct Investing website or the

RBC Mobile app, buying and selling stock is easy

both at home and on the go.

Let's take a look at how you can securely buy or sell a stock on

our online investing site in only a few short steps.

First, log in to your account and

open up the Place an Order menu.

From here, you can select the type of trade you'd like to place.

If you're on a mobile or touch-screen device,

you can make your selection from the Place an Order tile menu.

If you'd like to trade using the RBC app on your mobile device,

select "Direct Investing" from the main menu when you log in.

From the home screen, select "Trade" and

follow the same steps we'll cover in this video.

Let's place a stock order by selecting "Stocks" from the menu.

On the Stock Order Entry page,

first select the account to trade with.

When you make your account selection,

you will see your real time cash balances in Canadian and US dollars,

and the combined buying power in your account.

Under "Action" select whether you want to buy or sell.

Enter the number of shares you'd like to purchase.

Enter the symbol of the security you are buying or selling.

Select the market by choosing either Canada or the US market

You can select "Show Quote" to see a current quote

for the security you've selected.

The default share price is the Market Price.

If you place an order at the market price,

it is called a "Market Order."

To place a Limit Order, select either Canadian or U.S. markets,

then enter a limit price, which is the maximum price

you are willing to pay as a buyer.

For a Stop Buy order, enter a stop price.

This is only permitted for orders placed on the U.S. market.

For a Stop Limit order, on Canadian or U.S. markets,

enter both a stop and a limit price.

The limit price is the highest price

at which you're willing to buy,

and can be the same as the stop price.

Once you've entered a price for a stop or limit order,

you can select a "good through" date here

when your order will expire.

"Any part" means you will accept any amount of shares

up to the total amount of shares in your order.

For U.S. market orders only, "all or none" means that

no partial transaction is to be executed -

all the shares requested must be traded as one block.

If you collect RBC Rewards points, you also have the option

here to redeem them to pay for your trade commissions.

Now select "Continue" to proceed

Review and confirm that all of your trade details are correct,

then click "Confirm."

You can print a copy of this

"Transaction Complete" page for your records.

If you want to sell a stock, you'll complete the same steps

but select "Sell" from the "Action" menu.

Just like when you are buying a stock on a Canadian or U.S.

exchange, you can select the market price to place a

Market Order on the exchange you've selected, or ...

... For a Limit order, enter the limit price,

which is the minimum price you are willing to accept as a seller.

You can place a stop-limit order when selling too. A stop-limit

order is an order to sell at a specific price, or better, after

the stop price has been reached. For sell orders, the stop price

should be lower than the stock's current price, and the limit

price should be less than or equal to the stop price.

For a Stop Loss order, enter the Stop price that the stock must

drop to (or lower) before the order is filled.

Stop orders are only permitted on the U.S. market.

To view the status of your orders any time,

you can select "Check My Orders"

from the Place an Order menu on your computer ...

... or on your touch-screen or mobile device.

If you're trading on the RBC mobile app, you can check your

orders any time by selecting "Order status" from the home screen.

Sign in to your RBC Direct Investing account to get started 77 00:04:26,800 --> 00:00:00,000 or learn more at www.rbcdirectinvesting.com.