It’s no secret that keeping track of your investments in the stock market can be hard, especially when you have multiple stocks in your portfolio. However, with custom stock alerts, you can stay informed about specific movements in stock prices that matter most to you. In this guide, we’ll walk you through the process of setting up and managing custom stock alerts to help you make more informed decisions.
What are custom stock alerts?
Custom stock alerts are notifications that you can set up to receive updates on specific stocks based on criteria you define. These alerts can notify you when a stock reaches a certain price, when its value changes by a certain percentage, or when there’s significant news related to the company.
How to set up custom stock alerts?
Setting up custom stock alerts is a straightforward process that can be done through various platforms, including brokerage websites, financial apps, and online stock tracking tools. In general, here’s an overview of how to set up custom stock alerts:
- Choose a platform: Select a platform that offers custom stock alert functionality. This could be your brokerage’s website, a financial app, or a dedicated finance website with a stock tracking option like Finbold Alerts;
- Select the stock: Enter the symbol or name of the stock you want to create an alert for;
- Define criteria: Specify the criteria that will trigger the alert. This could include the stock price reaching a certain level, the percentage change in value, or even specific news related to the company;
- Set alert parameters: Choose whether you want to be notified via email, social media channel, or push notification on your mobile device;
- Save alert: Once you’ve defined the criteria and set up the alert parameters, you’ll just need to save the alert to activate it.
How to manage custom stock alerts?
Once you’ve set up your custom stock alerts, the next step is to manage them effectively to ensure they serve your investment needs. To do so, be sure to do the following:
- Review regularly: Make it a habit to review your custom stock alerts regularly, especially if you’re actively trading stocks. Market conditions can change quickly, so staying informed is key to making timely decisions;
- Adjust criteria: Periodically review and adjust the criteria for your alerts based on changes in your investment goals or market conditions. For example, you may want to tighten or loosen the price thresholds for certain stocks;
- Stay informed: Keep yourself informed about the factors that influence stock prices, such as economic indicators, industry trends, and company news. This will help you interpret the alerts more effectively and make informed decisions about your investments;
- Take action: When you receive a custom stock alert, don’t hesitate to take action if necessary. Whether it’s buying, selling, or holding onto a stock, act according to your investment strategy and the information provided in the alert.
Set and manage custom stock alerts with Finbold
The Alerts feature offers a precise investment strategy adjustment within a user-friendly, intuitive interface. What’s more, users can customize alerts based on target price or trailing change, with options including both directions: Up or Down.
To help you get started, we comprised a simple step-by-step guide on how to create your first Finbold Alert, and you can check it out right here.
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.
FAQs on custom stock alerts
What are custom stock alerts?
Custom stock alerts are notifications that you can set up to receive updates on specific stocks based on criteria you define. These alerts can notify you when a stock reaches a certain price, when its value changes by a certain percentage, or when there’s significant news related to the company.
What is the best stock alert program?
Determining the best stock alert program depends on factors like features, reliability, ease of use, compatibility, and cost. Nevertheless, one of the more popular options is Finbold Alerts that covers a wide range of assets, including stocks and cryptocurrencies.
How do I set up custom stock alerts?
Setting up custom stock alerts involves selecting a platform that offers this functionality such as Finbold Alerts, entering the symbol or name of the stock you want to create an alert for, specifying the criteria that will trigger the alert (such as price or percentage change), and choosing your preferred notification method (email, SMS, push notification).
How can I manage my custom stock alerts effectively?
To manage your custom stock alerts effectively, make it a habit to review them regularly, adjust the criteria based on changes in your investment goals or market conditions, stay informed about factors influencing stock prices, and take prompt action when necessary.
What are Finbold Alerts?
Finbold Alerts, or Bold Alerts for short, are customizable, multi-asset market price alerts delivered to you via your preferred social media channels or email. They cover a wide range of assets, including stocks, crypto, exchange-traded funds (ETFs), forex, and indices.
How does the Alerts feature on Finbold work?
The Finbold Alerts feature offers a precise investment strategy adjustment within a user-friendly, intuitive interface. Users can customize alerts based on target price or trailing change, with options including both directions: Up or Down.
