Sell Stock

The sell stock dialog gives you the control to sell any of the parcels of shares that you currently hold. Doing so can provide great tax benefits.

To sell a stock, start by selecting the desired stock under the open trades in the trade lists, and then clicking 'Exit Trade' button.

. The sell dialog will appear and you can enter in the date sold, brokerage, price and quantity of shares sold. The item that you selected in the trade list determines what values are automatically filled in for you in the sell dialog. Selecting a consolidated item will assume that you have sold your entire allotment of shares for that stock, while selecting an individual transaction will only set that specific parcel to be sold.

As you can see, each parcel that you currently hold is listed here for that specific stock. At this point you could also choose which parcels of shares and the quantity that you have sold to try and minimize on tax. This is done by clicking on the Sell Qty field in each row. You can then enter in the quantity of shares to sell for that specific parcel.

The total amount value is automatically calculated each time you make a change. As you will be entering this data in once you have received your sell confirmation, you will have the total trade value. This should match the total amount displayed here.