How do I invest in stocks with Carry?
Once you’ve added funds to your account and that cash is showing as available to invest (you can click into your cash section to see this), you can start investing in individual stocks directly.
You can also set up a recurring investment. More details on that here.
Step 1
To invest in stocks, head over to the Investments section of the app under the Accounts tab and select 'Equities'. Select the account you would like to buy the stock in or sell from.
Step 2
You can explore popular stocks or search for the stock symbol you want to invest in.
How to buy a stock
Select your desired Order Type: Market or Limit.
For Market Orders: Input the dollar amount you want to invest in the stock. Then click Buy.
For Limit Orders: Input your desired limit price, number of shares, and limit expiration date. Then click Buy.
Review your order. You will be able to see how many shares you will receive with your investment. Click Submit Order to make the investment.
How to sell a stock
First select your desired Order Type: Market or Limit.
For Market Orders:
> Input the dollar amount
> Select dollars or shares
> Input the dollar or shares amount
> Then click Sell
For Limit Orders:
> Input your desired limit price
> Input the number of shares
> Input the limit expiration date
> Then click Sell
What is a market order?
A market order is an order to buy or sell a stock at the market's best available price. It typically ensures an execution but doesn't guarantee a specific price. When the primary goal is to execute the trade immediately, a market order could be optimal.
What is a limit order?
A limit order is an order to buy or sell a security at a specific price or better. A buy limit order can only be executed at the limit price or lower, and a sell limit order can only be executed at the limit price or higher.