welcome back everyone to an amazing
video so
you are new to the australian stock
market and you just do not know how to
purchase stocks in this video i'm gonna
teach you
how to buy and sell shares using your
homesick app in a very simple way first
we're gonna go through the user
interface and then i'm gonna tell you
how to buy and sell shares all right and
now if you have any questions feel free
to comment below i'll make sure to
answer them alright so without further
ado let's jump into the video
all right so beginning is just like this
any other app you need a password and
username so username is going to be your
client id that the banks give you do not
share with anyone um you know and just
pick a parcel that you like and then of
course if you're using apple you can log
in with your face id so i'm gonna go
through the app interface first before
we get into buying and selling um
everything is fairly simple i'm just
gonna make it really easy to follow
so you got
five tabs underneath portfolio watch
news feed markets and more uh if you
click portfolio tab of course you're
gonna come up with this uh section it's
gonna say shares
and then there's another shares column
and then cdia and then international
shares so in the first shares column
it's gonna show up with your local
shares that you own the overview the
total market value total profits and
loss and tot today's change
and in the second
column it's supposed to be international
shares i do not have any international
shares at the moment
but if i do it's gonna show up over
there
cdia is the bank account that you use to
uh you know buy and sell stocks
is where you put the money in and then
comsec app will reduce money if you're
buying
and if you're selling your stocks that's
the bank account that your money is
going to show up in you can access the
cdia bank account in your com bank app
um it's a separate account you can
connect it with your normal accounts you
can transfer money
when you're buying stocks make sure to
have the money in the cdi account
immediately the money won't get deducted
from the cdia account immediately but
they will take it after two days
but when they do make sure you have the
money otherwise they're gonna
charge you flying from you
of course international shares column is
the last one
if you click it uh you can they're gonna
take you to the website and show you
international shares if you click your
shares um
column it's gonna take you to this
profile called holdings uh in there
you're gonna find all the stocks that
you own
uh and they're gonna show you all the
details like available units purchase
price last price market value
uh profit loss in dollars profit loss in
percentages today's change
uh today's value in dollars and then of
course weight of the portfolio
as you can see only on two shares at the
moment um i
i had about five six before but i traded
them off
um and now i'm only doing these two
shares
all right if you go to your watch list
uh this is where you can add any stock
that you wanna watch watch
closely for example
let's say there's a company that you
like you want to buy it
but you're not sure about it so you just
want to uh you know watch it closely and
it gives you an opportunity to buy so
this is how you add a stock to the watch
list is you see these uh three uh dots
in the right side upper corner you click
that and then it gives you a couple of
options so if you want to add stocks you
go to add stocks
and then you search the company that you
want to buy so i'll just put a bunch
over here
um
for this queue
contest
why stick etc now that you have added
the stocks that you want to keep an eye
on
of course
if you click the three dots again you
could um also you could create a couple
of watch lists for example if you want
to watch um two sectors for example
health
and id
uh you know stocks in these sectors you
can create two watch lists and put your
stocks into these watch lists
uh you can rename it uh for example i'll
just put
my favorites
all right and then you could of course
remove stocks as well if you click that
you could just um click the minus icon
and then press delete
done
and then of course you could delete the
of course you can read the entire watch
list
as well as you can press delete
and boom it's gone
of course the next uh tab is called the
news feed tab every stock that you own
and every stock that it's in that is in
your
watch list is gonna show up here
so if you uh click these three lines in
the upper right corner
you'll see all the details that is going
to show you see if you click all news
and press done if you it's going to show
up market announcements
recommendation changes technical
analysis upcoming dividends contact
videos all of these details regarding
the stocks that's in your worst list and
you own
it's going to show up in here
the next step is the markets tab
um if you go to that tab it's gonna show
you the first column is chart it's going
to show the daily movement of the market
uh if you click yes x
and if you click international shares
it's going to
show up international markets um you
know how they behaved in that day the
second column is called indices of
course it's the same thing you can get
an idea of how
uh prominent world markets behave that
day
and if you click market movers it's
gonna show you up with the large cap mid
cap and small cap like
large cappies you know
stocks with above i think um
10 billion or something
um i'm not sure about that
but yeah so large cap is like the
largest companies in the stock market
and you can see advanced as well like
what kind of mid cap stocks advance
during that till what kind of small cap
stocks advance during that day and
is the same thing exactly the opposite
uh you know what kind of companies went
down that day
so you can just um have a look and of
course there's a commodities column as
well
it's going to show you how commodities
behaved in that given day
you got currencies
it's going to show you how currencies
behaved in the day and then of course
upcoming dividends going to show you uh
what kind of companies are distributing
their dividends
in the coming days
um and if you click uh the more tab
which is the last one you're gonna get
an interface like this if you press
get code
again that's option is to for you to go
to a
company's profile this section over here
is called a company profile i'll get to
it in a minute
so you can
go to a company you can search a company
through
a get caught um but option
and then if you select trade it's gonna
allow you to buy and sell i'll get to it
in a moment as well
um the orders option over here if you do
a buy order or a sale order it's gonna
show up in here so if it's outstanding
meaning that if it's not executed it's
gonna show up in the outstanding row
if you select executed it's gonna show
up in your executed row if it's
cancelled somehow it's going to show up
in cancel pro
i currently don't have any orders set up
so that's why it's empty but if you do
it's going to show up over here
alerts if you want to set up an alert
about a company that you like that you
hoping to buy or you already bought this
is where you do it
you could um
click the plus button in the top upper
corner
and then you can just uh
search your campaign edit
uh and if you go to other type it's
gonna give you
a bunch of options that you can select
in which category that you need the
allotones if you want uh about dividends
you can just select that
and then
number of days
you could just say
how many days before you want to know
whether it's going to go experience or
did you put one day before
and delivery method the email or push
notification you can do both but i'm not
gonna do it
and then you can press save at the
moment
then you can press save at last and then
it's gonna send you alerts
um you got international themes
international
and then settings service center etc
make sure you click all of them
um
they are not that important settings
section is where you enable your face
pin and etc
um if you click all these things like
international investment this can take
you to comsec website
okay so now let's get into the buy and
selling part of the video
now there are a couple of ways you can
do it
you could either
go to the trade option and
put the code
or the type of course by
and then put the code but
i prefer going to a company's profile
and then
going with the buy order
so you can just easily do that over here
get a code type the company that you
want to buy i'll do
fmg
okay so this is the companies profile
in here you're gonna see a bunch of
details as well which are important so
in depth
section it says how many buyers are
there and how many sellers are there
all right and in course of sales it's
going to show you what kind of
sales that went out during that day
and then you got two charts here
a normal line chart and a volume chart
which is actually kind of important to
get you a good look about where the
stock is heading and of course you got
details
of the stock um and then there's a
dividend section as you can see for this
queue
dividend yield was 14.70 last year and
it's got all the details like ex
dividend date payday etc
last but not least you have news and
announcements this is where the company
puts all of their news like
financial reports dividend reports uh
directors
notes and everything
right you can make sure you read
everything that are important you don't
have to read everything but you get what
i'm saying right like financial
statements would come out every
quarter and make sure you read them
and then you have this recommendation
step over here as well i do not take
this seriously it's just like hedge
funds giving their recommendations
um they change all the time
but of course rely on your research more
than what they're saying
okay so now you want to buy it now
you're in the profile so you click the
buy tab the green one
[Music]
and then it gives you this page i'll go
through each and every single function
and then i'll tell you how to buy it so
of course you go for a buy order and
when you do that it's gonna
give you this details last price to the
exchange
bid volume bit price overprice and offer
volume right
then
this other option is purchased by
quantity or value so if you quantity
means that
let's say you want to buy
200 share shares all right so that's the
quantity
how many shares
whereas value is
how much all right so let's say you want
to buy 5 000 worth of shares
so
if you go with quantity let's just do an
example
200 shares
price and then you got two options for
the price
limit and market
limit if you want to do a buy order you
always go for limit for example you want
to buy it when 40 skew comes down to 18
cents
how long sorry
18
dollars and 50 cents
right and then
the expiry is where okay so how
long do you want this uh order to last
so if you go with good till expiry
whenever
the stock reaches 18
uh
dollars and 50 cents
it's gonna stay on the order will stay
on it won't get executed until
it reaches 18.5
but if it doesn't the order will still
be there
but if you go with good for day it means
that it doesn't matter whether the price
come down to that level or not
the order will only last for 24 hours
all right
so
depending on your taste depending on
what you want to do uh you could just
select either thing it doesn't matter
and then click reward so when you do a
review order it's gonna give you a
screen like this with all the details
make sure you keep an eye on brokerage
costs as well that's kind of important
the more you buy the more they're gonna
charge the more you sell the more
they'll charge
and then once every detail is
done you're gonna press submit order
and then your shares will appear in your
portfolio section in couple of seconds
i'm not gonna
do anything because i don't want to buy
shares at the moment but it's very
simple
let's go back again
now um let's say you want to buy with
the value let's say you want to buy
shares worth of
5 000
all right and
then you got limit price and then it's
gonna tell you exactly how many units
is
that
uh for that price so it's 270 units as
you can see again expiry section is the
same
review order the same column is going to
give you the same information you can
submit your order
now what if if you want to buy
shares on the market price like that
instance like you need to buy shares
quickly you don't have time to
wait uh your share prices fall to a
certain limit you want to buy it on the
market on the spot
well you go to quantity option you put
the shares that you want to buy let's
say 300
and then in the price section you go for
the market
option
so the market options allows you to buy
shares on the spot at that price that
the market is currently showing so if
you just go to
you know the expiry put it as good for
day you don't want to want it to last
for a longer period of time and then
rewater again it's going to give you the
same information and then all you have
to do is press submit and it's gonna
execute the order
now that's safe for buying and one last
thing
when you buy uh they're gonna send you
an email
saying that you bought and this is your
um receipt you know for everything
you're gonna get received in your life
make sure to always ask for receipt
so this is how that email looks like
it's gonna show up all the detail and if
you scroll down
this is the receipt that you're gonna
get from them and it's gonna say buy in
the top right corner
okay
so now let's get into the sell portion
again the same thing search the company
go to their profile
um
with selling his thing you can't sell
what you don't own they don't allow
short selling for most investors in
australia
so you know you can't do that in the app
so you can only sell what you own
you go to your portfolio section
and then you're gonna go to the you
select the stock that you wanna sell
and then select sell
and then it's gonna show you uh how many
units you have available to sell
all right now
same procedure
there are a few couple of things that i
want to let you guys know that are going
to be different all right so sell buy
again the quantity let's say you want to
sell 100 shares
if you want to sell by value you can say
you wanna share two thousand dollars
worth of
shares all right let's just do quantity
let's put 200 shares and of course if
you want to be a sell order you don't
want to sell it at the moment
or at the current market condition you
want it to be sold at a certain price
for example let's say you want to be
sold at 19.50
so
whenever the stock price is 19.50 this
will get executed if you select good
till expiry option
good for day it doesn't matter what
happens the order will get
cancelled within a day or if it will get
executed if the share price goes to 19.5
right
uh
the only thing that's different in the
cell section is the settlement
so what is settlement so settlement is
if you if you get your access to your
stocks using a brokerage you always go
with chess
um if it's an issue it's a different
thing issue is your company has
their own share registry right so if
you're buying through their own share
registry or selling through their own
share you should then that's with when
you click issue
but since you're using the com bank app
always go with the chess
option and then
proceed so if you click rewarded
of course it's going to give you the
same details as the buy order and then
submit it will get sold in that because
we're putting an order it will only get
executed at 19.5
all right
so if you want to do a market
sell-off
like for example if you want to do it at
the market price
the same amount of quantity
but you don't have time to wait you want
to set it on the spot right now right
here
in that case you select market
and then for expiry you go good for day
and then settlement again chess rewarder
and submit it'll get executed right away
and when you sell shares just like
buying you're gonna get an email as well
to confirm that you sold shares this
might take some time if the market is
busy
um you know depending on
the condition and everything but you
will get this received and if you don't
within 24 hours make sure you contact
homsek and ask for a receipt
you won't get a receipt remember if you
do a buy order until the buy order is
executed you will not get a receipt all
right but if you sell it at the market
price you should be getting a receipt
really soon uh if you scroll down again
it's the same thing it's gonna say sell
instead of buying the top right corner
and thank you so much for watching in i
hope you guys learned something and i
hope you enjoyed the video please put a
comment below if you have questions i'll
make sure to answer them and i'll see
you guys in another video until then
have a nice day