For example, if you receive a swing trading alert, this could mean you are now in the monitor phase which could be for a few hours or days before you take any action.ĭay trading does not allow for this long of a monitoring window as you are actively trading the stock of the day and what’s hot at 10:00 am, will probably not be two days later. While the types of alerts could be the same in nature, the time aspect is the major differential between the two. Text Message Alerts, Email Alerts and Twitter Alerts
This again provides more flexibility of my alert as it is based on two dimensions, price and time. For example, if I draw a rising trend line, the alert will be triggered at a different value at 10:00am vs 2:00pm simply based on the slope of the line. On-chart indicators are great for traders who like to make their alerts based on price action and not based on static numbers. An event could be breach of a trend line or indicator. There are on-chart alerts which will trigger some sort of sound or pop-up alerting the trader a specific event has occurred. Methods of receiving trade alerts On-Chart Indicators Depending on your trading edge, you will need to determine the type of alert that best complements your trading style. Like everything else in trading, trade alerts can be as simple or complicated as you would like. This action could be in the form of placing a trade or watching the trading activity of a stock more intently. At its core, trading alerts provide the means for a trader to be notified when a specific event occurs so the trader can take some sort of action. This event could be based on a number of factors ranging from a specific price target, technical indicator or news event. Trading alerts are a basic component of most brokerage firms and trading applications. Trade alerts provide the active trader or investor an alert when a specific event occurs. What is the content of the trade alert?.Trading Alert Services, Can you make money using them?.Difference between day trade alerts and swing trade alerts.Text Message Alerts, Email Alerts and Twitter Alerts.
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