In addition to Auto-Investing, M1 allows you to place orders to buy or sell stocks directly from specific slices of your portfolio.
To place an order:
- Select the desired slice of your Pie.
- Choose “Buy/Sell.”
- Confirm your order details.
When a buy order is placed, M1 will purchase the specified dollar amount of the selected slice.
To place a buy order, you must have buying power in your account. M1 will not withdraw money from your bank account to complete a trade.
Buying power includes:
- Available cash
- Current market value of pending sell orders
- Incoming deposits
- Pending withdrawals
If your buying power is less than your buy orders, M1 will prorate the requested buys.
Example: Jenny places a $100 buy order for Stock A. Jenny (if she has the funds available) will purchase $100 of Stock A during the next trade window.
When a sell order is placed, M1 will sell the specified dollar amount of the selected slice.
Money from a sell order can be:
- Used to place a buy order
- Held as cash
Auto-invest must be disabled when placing a manual sell order and will remain disabled until the order executes. This setting cannot be changed unless the pending sell order is canceled.
Example: Jenny places a $100 sell order for Stock B. Jenny (if the slice has enough value) will sell $100 of Stock B during the next trade window.
Can I rebalance my portfolio and make buy/sell orders at the same time?
No, clients can’t make individual buy/sell orders and rebalance requests during the same trade window.
Creating a buy order in the mobile app
Creating a sell order in the mobile app
Creating a buy order on web
Creating a sell order on web
All examples above are for informational purposes and should not be considered an offer to buy or sell certain stocks. M1 does not provide investment advice.
After placing an order, you will see the confirmation of the pending orders under “Invest” > “Portfolio” by clicking into the slice.
Pending orders will be completed during the next trade window.
All M1 users have access to the Morning Trade Window starting at 9:30am ET on business days.
Eligible M1 Plus members can also place buy or sell orders to be executed during the Afternoon Trade Window starting at 3:00 pm EST.
To cancel a pending sell, you can add the securities/ Pie back to your portfolio.
If you have further questions, please contact us.