Let us assume your goal is to wake up at 5 am tomorrow as you have a flight to catch. To ensure you get up on time, you will sleep on time to complete your sleep, and it becomes easy to get up early. However, it may not be enough to get up on time.
Using a real-time tool can help you increase the chances of you getting up on time. In this case, the tool is your alarm clock. Similarly, when it comes to equity investment, stock alert apps can help you become a successful investor. Let us look at the power of real-time stock alerts.
What is a real-time stock alert?
First, let us understand the stock alert app. A stock alert app is an app that sends you an alert with no delay after a trigger occurs. Such alerts are nearly instantaneous and require a live and fast market data stream. Let us understand with a simple example. Assume you want to invest in large-cap companies that hit a 52-week low. A real-time stock alert app will send a notification as soon as any large-cap company hits a 52-week low – you can immediately take action once the criteria hit.
The importance of Real-time stock alert apps
In today’s time, real-time stock alerts are critical for trading and investing, as there are so many people in the market waiting to pounce on a new piece of news. When you have access to an app that can send you real-time stock alerts, you have an advantage – you will be the first to know about a new development. More than advantages, these apps help you exit a position when a red flag is raised. Also, if the price of a stock is expected to go up, you are alerted, and you can take a position before the price actually increases. You gain the maximum with a first-mover advantage.
Tips for effective equity investment and how real-time stock alerts help you
Below are some tips you need to follow for successful equity investment. Real-time stock alerts can help you with many of the below steps:
Research the company: Before investing in a company, research its financial health, management, products, competitors, and growth prospects.
Diversify your portfolio: You should not put all your eggs in one basket as an investor. Spread your money across different industries, sectors and companies to reduce the risk. A real-time stock alert app can send you notifications if your portfolio is getting concentrated around a single sector/industry.
Invest for the long-term: Equity investments are typically for the long-term. Don’t panic and sell during market downturns. Keep a long-term perspective and stay invested.
Keep an eye on valuations: Ensure you are not overpaying for a stock. Use valuation metrics like the Price to Earnings ratio (P/E ratio) to gauge whether a stock is overvalued or undervalued. The real-time stock-alert apps can make the job easy for you as they can scan all the stocks that are right for you (based on your risk profile and investment horizon), and send you to alert when a company is trading at an attractive valuation.
Monitor your investments: As an investor, you need to keep a track of the companies you have invested in and their financial performance. You must regularly review the portfolio and make necessary adjustments. It is a time-taking process and not an easy one – especially if you have 20-25 stocks in your portfolio. In such cases, real-time stock alert apps are a boon for investors. Investors don’t have to worry about the companies they have invested in – these apps will alert investors if investors need to exit a stock – well before time.
Don’t time the market: Timing the market is difficult and risky. Instead of trying to time the market, invest regularly and systematically through methods like Systematic Investment Plans (SIPs).
Manage your emotions: Avoid making impulsive decisions based on greed or fear. It is one of the hardest things to do – even the best equity advisors in India are impacted sometimes. An AI-driven app like Jarvis can help you overcome and manage your emotions. Since the app is 100% technology-driven, there are no emotion-driven buy-and-sell calls.
Real-time stock alerts are an excellent tool for every trader and investor. They help you stay one step ahead of the market and enable you to monitor vital price action and news as it happens. Jarvis has some interesting products that can make investing easy for you – do check them out.