Alerts
Used correctly day trading alerts can enhance your trading performance. From utilising straightforward technical signals to news and general trade alerts, all could help you maintain an edge over the rest of the market. This page will look at precisely what daily trading alerts are used for and in which markets, including stocks, currency, and futures. It will then break down the best alerts for day trading and how you can use them to increase your profits.
Brokers with Alerts
#1 - Forex.com
Forex.com boasts a global reputation with multiple awards and 20+ years experience. Regulated in the US, EU, UK and Canada they provide a huge range of markets, not just forex, and offer competitive fees on a cutting-edge platform. The brand also provides a suite of additional tools, from performance analytics and SMART Signals to advanced charts and strategy builders.
"Forex.com is an excellent broker for forex traders with over 80 currency pairs, tight spreads, low commissions and powerful platforms. The brand is also heavily regulated while its parent company is listed on the NASDAQ, giving it a high trust score."
- DayTrading Review Team
- Instruments: Forex, Spot Metals
- Regulator: NFA, CFTC
- Platforms: MT4, MT5, TradingView, eSignal, AutoChartist, TradingCentral
- Min. Deposit: $100
- Min. Trade: 0.01 Lots
- Leverage: 1:50
Forex Trading
Forex.com is a leading FX broker. The brand offers a wide range of currency pairs and some of the lowest fees in the industry. Spreads on the EUR/USD come in as low as 0.0 with a $7 commission per $100k.
Stocks Trading
Forex.com offers access to thousands of US, EU and UK stocks, with spreads of just 1 point. Speculate on household names as well as new IPOs. US stocks are available from just 1.8 cents per share.
Pros
- Respected and trusted broker overseen by tier-one regulators including the US SEC
- Low minimum deposit of $100
- Industry-leading pricing on popular forex assets starting from 0.0 pips
Cons
- $15 monthly inactivity fee
- Investment offering varies between countries
- No copy trading platform
#2 - NinjaTrader
NinjaTrader is a US-headquartered and regulated brokerage that specializes in futures trading. There are three pricing plans to suit different needs and budgets, as well as ultra-low margins on popular contracts. The brand's award-winning charting software and trading platform also offers a high-degree of customization and superb technical analysis features.
"We recommend NinjaTrader for high-volume futures traders looking for low fees and premium analysis tools."
- DayTrading Review Team
- Instruments: Forex, Stocks, Options, Commodities, Futures, Crypto
- Regulator: NFA, CFTC
- Platforms: eSignal
- Min. Deposit: $50
- Min. Trade: 0.01 Lots
- Leverage: 1:50
Forex Trading
NinjaTrader supports the trading of popular currencies including the EUR/USD. The trading software also offers unique features tailored to forex trading, including specific order and market windows.
Stocks Trading
Stocks can be traded by connecting the NinjaTrader platform to supporting brokers. You can then take positions on large public companies and household names via advanced trading software.
Crypto Trading
Trade micro Bitcoin futures with low fees and leading charting tools. Get exposure to Bitcoin through CME Group's centralized exchange with robust risk management tools.
Pros
- Free platform access and trade simulation capabilities
- Widely respected and heavily authorized by the NFA and CFTC
- Easy account opening that takes a few minutes
Cons
- Withdrawal fee on some funding methods
- Premium platform tools come with an extra charge
- Non forex and futures trading requires signing up with partner brokers
#3 - IG Group
IG is an award-winning broker that has an excellent reputation globally. The brand-US offers spread betting, CFD and forex trading across a comprehensive suite of markets. IG is also multi-regulated, provides a great trading app and has 50 years experience.
"IG offers a superb all-round package. Beginners will appreciate the user-friendly web platform and secure trading environment while established investors will rate the 17,000+ markets and top-tier market research."
- DayTrading Review Team
- Instruments: CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto, Spread Betting
- Regulator: FCA, ASIC, NFA, CFTC, DFSA, BaFin, MAS, FSCA
- Platforms: MT4, AutoChartist, TradingCentral
- Min. Deposit: $0
- Min. Trade: 0.01 Lots
- Leverage: 1:30 (Retail), 1:250 (Pro)
CFD Trading
IG offers an impressive suite of 17,000+ CFD instruments. Negative balance protection ensures accounts cannot drop below zero while custom price alerts and the IG Academy enhance the trading experience.
Forex Trading
IG offers currency trading on its award-winning web platform and mobile app. Comprehensive charts and forex analysis tools are also available through ProRealTime.
Stocks Trading
IG offers 13,000+ shares, with more listed firms than most competitors. Fees are low with no commission on US stocks. Extended hours trading is also available alongside ultra-fast execution speeds of 0.014 seconds.
Crypto Trading
11 popular cryptos are available, plus two crypto crosses. A crypto index is also offered, following the value of the top 10 digital currencies by market cap. All cryptos are available via CFDs.
Pros
- 24/5 customer support is available
- Users have access to a comprehensive range of charts, market news, client sentiment data, and analysis tools
- IG is an LSE-listed company with a transparent financial history and a great track record
Cons
- Inactivity charge
- No copy trading platform
#4 - Pocket Option
Founded in 2017, Pocket Option is a binary options broker offering up/down contracts on forex, stocks and cryptocurrencies. With over 100,000 active users and a global reach, the brand has proven popular with budding traders. Pocket Option also supports dozens of payment methods and has a low minimum trade of just $1.
"We recommend Pocket Option for aspiring binary options traders looking for copy trading services and a low minimum investment."
- DayTrading Review Team
- Instruments: Binary Options, Currencies, Commodities, Stocks, Indices
- Regulator: IFMRRC
- Platforms: MT5
- Min. Deposit: $50
- Min. Trade: $1
Forex Trading
Binary and OTC options can be purchased on over 40 foreign exchange pairs. Typical payouts are also decent at 81% and users can trade forex binary options in just a couple of clicks.
Stocks Trading
Trade 30 of the most popular American multinational stocks including Microsoft and Google. Payouts on big brands come in at a decent 92% while indices are available up to 67%.
Crypto Trading
Pocket Option supports major cryptocurrencies on a beginner-friendly app. Over 10 leading cryptocurrencies are available with very high leverage up to 1:1000.
Pros
- Trading tournaments and competitions
- Copy trading
- Turbo binary options
Cons
- IFMRRC is not a reputable regulator
- Only one account type is available
- No MT4 trading platform
#5 - IQCent
IQCent is an offshore binary options and CFD broker based in the Marshall Islands with 10+ payment methods and a low $50 starting deposit. With 100+ assets, around the clock trading and high payouts the brand is popular with aspiring traders.
"IQCent will appeal to newer traders who want a platform where they can trade both binary options and CFDs with copy trading support and regular contests."
- DayTrading Review Team
- Instruments: Binary Options, CFDs, Forex, Stocks, Indices, Commodities, Crypto
- Regulator: IFMRRC
- Platforms: TradingView
- Min. Deposit: $250
- Min. Trade: $0.01
- Leverage: 1:500
CFD Trading
IQCent CFDs are available on forex, stocks, indices, commodities and cryptos with leverage variable by asset to a maximum of 1:500, which is higher than many alternatives. 24/7 customer support is also available to assist new users.
Forex Trading
IQCent traders can access CFDs or binary options on 40+ forex pairs, including majors, minors and exotics. CFD spreads start from 0.7 pips and binary options payouts are decent up to 95%. Trading takes place through the broker's proprietary platform with advanced analysis tools.
Stocks Trading
IQCent offers CFDs and binaries on four German stocks: Lufthansa, Deutsche, Daimler and BMW. Traders can also speculate on stock markets via seven leading indices including US30, S&P500 and FTSE100.
Crypto Trading
IQCent offers 17 crypto assets through its own platform, including Bitcoin, Ethereum and Litecoin. Leverage on crypto CFDs is limited to 1:10 while binary options payouts vary by token but are competitive.
Pros
- Binary options with 98% payouts
- $0.01 minimum stake for newer traders
- Bonuses available up to 100% for Gold account members
Cons
- A short period before an inactivity fee is charged
- No MetaTrader 4 platform
- Not overseen by any highly respected regulator
#6 - Moomoo
Moomoo is an SEC-regulated app-based investment platform that offers a straightforward and affordable way to invest in Chinese, Hong Kong and US stocks, ETFs and other assets. Margin trading is available and the brand accepts low minimum deposits while also decent several bonuses.
"Moomoo will appeal to stock traders who want to build an investment portfolio through a user-friendly app with low to zero commissions."
- DayTrading Review Team
- Instruments: Stocks, Options, ETFs, ADRs, OTCs
- Regulator: SEC, FINRA, MAS
- Platforms: Own
- Min. Deposit: $0
- Min. Trade: $0
Stocks Trading
Moomoo offers online US and Hong Kong stocks, and China-A shares trading across options, ETFs, ADRs, OTC, plus IPOs on a proprietary trading platform. The zero commissions, no account minimum and free level 2 data are standout features.
Pros
- Access to full extended pre-market trading hours
- Regulated by US Securities and Exchange Commission (SEC) and the Monetary Authority of Singapore (MAS)
- ‘Moomoo Token’ transaction security
Cons
- No negative balance protection
- No phone or live chat support
- No 2 factor authentication (2FA)
#7 - Nadex
Nadex is a renowned exchange and binary options provider, based in the US. The company is fully regulated by the CFTC and offers options, call spreads and Knock Out contracts. Nadex also has just a $1 entry or exit fee and a user-friendly platform and proprietary app.
"Users looking to trade short-term binary options with a US-regulated broker will find a good platform in Nadex."
- DayTrading Review Team
- Instruments: Binary Options, Knock Outs™, Call Spreads
- Regulator: CFTC
- Platforms: Own
- Min. Deposit: $250
- Min. Trade: $1
Forex Trading
Speculate on 11 popular currency pairs via Knock Out contracts, call spreads and binary options. Nadex offers a wider range of timeframes than most binary options brokers, with contracts spanning from intraday to weekly.
Stocks Trading
Speculate on a handful of global indices via binary options contracts, including the S&P 500 and FTSE 100. There are low commissions and traders can see fixed payouts and risk levels before opening a trade.
Crypto Trading
Nadex offers a limited list of cryptos with just Bitcoin and Ethereum. Traders can go long or short though with straightforward binary options contracts that mean you don't need to own the underlying token.
Pros
- Extensive educational resources for those new to binary options trading
- Proprietary mobile app with good range of indicators and charting tools
- US regulated exchange with excellent trust score
Cons
- Products and tools are more advanced than some alternatives
- No welcome bonuses or financial incentives
- Narrow selection of cryptocurrencies to trade
#8 - Videforex
Videforex offers access to stock, index, crypto, forex and commodities markets via binary options and CFDs. The proprietary platform, mobile app and integrated copy trading are user-friendly and will suit new and casual traders, and the market analysis tools and trading contests provide good ways to improve your trading skills.
"Newer traders will find a lot to enjoy about trading binary options on Videforex's easy-to-use proprietary platform, as well as the broker's copy trading solution. Payouts are also higher than most alternatives climbing to 98%."
- DayTrading Review Team
- Instruments: Binary Options, CFDs, Forex, Indices, Commodities, Crypto
- Platforms: TradingView
- Min. Deposit: $250
- Min. Trade: $0.01
- Leverage: 1:500
CFD Trading
Videforex CFDs are available on forex, indices, cryptocurrencies and commodities with up to 1:500 leverage and tight spreads from near zero. CFDs incur a commission fee of 1%–2.5% and up to 5% for leveraged trades.
Forex Trading
Trade 35 major, minor and exotic forex pairs through CFDs with floating spreads from 0.1 pips. Alternatively, binary options allow you to speculate on rising and falling prices with a fixed stake and payout.
Stocks Trading
Trade binary options and CFDs on global stocks from US, European, Russian and Asian exchanges, as well as 37 indices covering a wide range of global markets. The access to stocks trumps many binary options brokers.
Crypto Trading
Traders can speculate on crypto prices in pairs with USD and CNY through binary options and CFDs. The range of digital currencies is fairly narrow vs alternatives but major tokens like Bitcoin are available.
Pros
- Videforex regularly runs trading contests, offering great practice and cash prizes
- You can enter positions with just ¢0.01
- Withdrawals are usually processed within one hour
Cons
- The broker isn’t overseen by a trusted regulatory agency
- No MetaTrader 4 integration
- US clients aren’t accepted due to legal restrictions
#9 - ForexChief
ForexChief is a foreign exchange and CFD broker, established in 2014. The company is based offshore and registered with the VFSC and FMA. Users can choose between a wide selection of accounts and base currencies, making ForexChief accessible to global traders. The brand also stands out for its no deposit bonus and fee rebates for high-volume traders.
"ForexChief will prove popular with investors looking to trade highly leveraged CFDs on the popular MetaTrader platforms. The large welcome bonus and low starting deposit will also appeal to new traders."
- DayTrading Review Team
- Instruments: CFDs, Forex, Metals, Commodities, Stocks, Indices
- Regulator: VFSC
- Platforms: MT4, MT5
- Min. Deposit: $10
- Min. Trade: 0.01 Lots
- Leverage: 1:1000
CFD Trading
ForexChief offers a competitive range of CFDs, encompassing crypto, indices, energies and metals. A clear pricing schedule is available to clients with no hidden charges. Traders can also access very high leverage up to 1:1000.
Forex Trading
ForexChief supports spot foreign exchange trading on all account types for 40+ major, minor and exotic currency pairs on the leading MT4 and MT5 platforms. Spreads are tight starting from zero and there are no dealers or requotes.
Stocks Trading
ForexChief offers 100 US company stocks CFDs for MT4 DirectFX and Classic+ account holders. Investors can speculate on the price of some of the world's largest companies, including Apple and Coca Cola. Spreads start from 5.
Crypto Trading
ForexChief supports crypto trading with five major digital currencies paired against the US dollar. Traders can bet on rising and falling prices with leveraged CFDs and market-leading trading software.
Pros
- A welcome deposit bonus is offered to new users
- Copy trading solution with signals
- STP/ECN execution with low spreads from 0.0 pips
Cons
- Withdrawal fees on several payment methods
- Limited market research
- Weak regulatory oversight
#10 - Coinexx
Coinexx is an unregulated broker that provides leverage up to 1:500 on forex, commodities, indices and cryptocurrencies with deep liquidity, pure ECN spreads and negative balance protection. The broker uses crypto as base currencies and has low minimum deposit requirements of 0.001 BTC.
"Traders seeking highly leveraged CFDs with a broker that uses crypto as a base account currency will find a good match in Coinexx. The ECN model also offer tight spreads from 0 pips. On the downside, traders should note the weak regulatory oversight."
- DayTrading Review Team
- Instruments: Forex, Commodities, Indices, Cryptocurrencies
- Platforms: MT4, MT5
- Min. Deposit: 0.001 BTC
- Min. Trade: 0.01 Lots
- Leverage: 1:500
CFD Trading
Trade flexible CFDs on forex, commodities, indices and cryptos with tight spreads, fast execution, micro-lot trading and leverage up to 1:500. There are also no restrictions on day trading strategies.
Forex Trading
Trade 70 major, minor and exotic forex pairs with ultra-low ECN spreads and fast execution via the MT4 or MT5 platforms. There are also zero SL/TP limits and automated forex trading is well catered for.
Stocks Trading
Coinexx traders can speculate on broad movements of global markets via five indices covering exchanges in the US, UK, Germany, and China. On the downside, there are no individual stocks which is a significant drawback.
Crypto Trading
Trade CFDs on BTC, ETH, LTC and XRP with 1:5 leverage, market execution and 0.01 micro lot trading. However, we weren't impressed with the narrow choice of cryptos with no emerging, smaller-cap tokens available.
Pros
- 100% deposit bonus for new clients
- ECN execution model with tight spreads from 0 pips
- Demo account available to prospective traders
Cons
- Limited educational materials for new traders
- No fiat account funding options - crypto only
- No regulatory oversight reduces safety
What Are Day Trading Alerts?
As an intraday trader, you are presented with a number of hurdles to overcome. How do you choose between thousands of different stocks? How do you react to news announcements before the rest of the market?
This is where day trading alerts come in. Put simply, they alert you when a specific event takes place. This event could be a market development, technical indicators, or reaching a specified price target.
Armed with this information you’re able to act or react swiftly, increasing your chance of yielding an intraday profit. You may want to pay more attention to a specific stock, or it may let you know you need to enter or exit a trade.
…but where do you start?
You can get straightforward and free trading signals, that come with your trading platform, and you can get additional, complex alerts that come at a price. The complexity of your notifications will depend on your individual trading style and needs. So…
Why Use Them?
Alerts offer the savvy trader a number of invaluable benefits:
- Offline – If you’ve been watching a stock all day you don’t want to miss out on an opportunity just because you had to nip out quickly. Alerts can be sent straight to your mobile or tablet keeping you in the know, when you aren’t at your desk.
- Time – Rather than spending all day monitoring stocks and conducting complex calculations, you can program in your criteria and then receive a price alert when it’s time to strike. This affords you more time to concentrate on other important trading areas, such as risk management.
- Automation – Human traders can make mistakes, especially when the stakes are high. Some alert systems are now 100% automated, relying on highly accurate maths and removing the human error margin.
- Speed – Rather than monitoring the news manually, you can relax and let a system that’s tailored for your market do the work. This means you could get notifications for upcoming events, reminders an hour before an event happens, plus instantaneous alerts when news breaks. You can also get macroeconomic figures the moment they are released.
- Ease of use – As apps are continuously improved, you can receive alerts quicker and easier than ever before. You can get alerts by push notification on your mobile, in the platform and by email. So, whatever strategy you’re employing, from swing trading to reversals, you’ll find setting up signals straightforward.
- Detail – You now get more detailed and relevant information to your needs. You can be alerted to assets showing promising signs of range, volume, and volatility. You can also add numerous filters to block out additional noise, making trading decisions straightforward.
How To Use Trading Alerts
Whilst using alerts comes partly down to personal preference, there are also some fundamental ways you can capitalise on them.
Noise Reduction
One of the benefits of trading alerts software is that it can streamline the decision-making process by reducing market noise. This is particularly handy for beginners, who may feel overloaded by market scanners, news sites, blogs, and any other sources they’re tuned into.
Alerts allow you to simplify the market as you can program your alerts to only monitor stocks once an alert takes place. This will keep you focused on honing your strategy instead of monitoring any and all market activity.
With a bit of practice, you can eventually get to a point where you can set your trade alerts the night before and only look at the asset in the day if an alert is actually triggered.
Entering & Exiting Trades
Head into your brokerage’s platform and you can set precise price target alerts so you’re made aware when a stock breaks out, for example. It won’t make a difference how long it takes or if the stock breaks out higher or lower, you’ll automatically receive an alert when it’s time to make the trade.
Again this will free up time from excessive monitoring, affording you the opportunity to focus on preparing for future trades.
Highlighting Mistakes
Most people only think of alerts as useful for telling you when to enter a position, but they can also be used to recognise failures. Something which most people overlook. If you don’t learn from your mistakes you’ll quickly find yourself deep in the red.
So, how do you use alerts to flag up mistakes? You set an alert for a key level, that if met makes you stop and think carefully. Some traders may think well that’s just basically a stop level.
But use them correctly and you can program them to warn you when you’re approaching a stop level. Then you have the opportunity and time to react.
You can check to see if the stop level is indeed still valid, or whether it’s simply a shakedown. If it is a shakedown you can then give your stop some more wriggle room to elude the trap.
Trading Alert Providers
Disclaimer – the service providers listed here are not endorsed, or guaranteed, by DayTrading.com to be fit for any purpose. Any use of third-party service providers is at the user’s personal risk. We may receive financial compensation from providers listed here.
Types Of Alert
Alerts come in various shapes and sizes and you want a service that is relevant for you. Here are some examples;
News Alerts
Every second counts when you’re aiming to profit from small intraday market changes. So, if an app can make you aware of relevant news announcements as quickly as possible, you can maximise profits. The best news notifications of this sort will also come with commentary and analysis to enhance your trading decisions.
Technical Alerts
These will be based on technical analysis. You can create trading alerts based on most of the popular indicators, including:
- Moving averages
- Exponential moving averages
- MACD
- RSI
- Stochastic
- Bollinger bands
- Standard deviation
- Share (CFDs)
Most providers allow you to place and create alerts with ease through charts. You can also create various conditions by combining several different indicators. So, you could have momentum trading alerts working alongside moving averages, for example.
Price Alerts
These allow you to respond to price movements as they happen. They create instant buy and sell signals across all markets. Some providers will also allow you to choose between price level alerts and price change alerts, which will automatically reset once triggered.
These live alerts often come with risk management advice to ensure you keep losses to a minimum, in case the strategy doesn’t pay out.
Economic Alerts
If you think markets are going to respond to specific economic events, like non-farm payrolls, for example, you can set up an alert.
Several platforms allow you to scroll through a tailor-made economic calendar and then tick the events you’d like to set reminders for. They’ll usually allow you to specify how you’d like to be notified, and how much notice you would like.
Market Availability
As technology has evolved, effective intraday trading alerts can now be found for nearly all markets. You can now find automated signals for the following markets:
- Futures (e.g. gold & wheat)
- Stocks (e.g. Amazon & Google)
- Forex (e.g. GBP/USD & EUR/USD)
- Commodity (e.g. oil & natural gas)
- Binary options (e.g. forex/interest rates)
- ETFs (Exchange-traded funds)
- CFDs (Contracts for difference)
So, whichever market you delve into, from Bats, Nasdaq and Dax to NYSE, you’ll be able to setup live trading alerts with ease.
Methods Of Receiving Alerts
On-Chart Trading Alerts
You can receive your alerts in a number of straightforward ways. You can register for notifications that will pop up when you’re actually in your web-based trading platform, say TradingView, for example.
They will usually make a sound to inform you an event of interest has occurred.
This event could be anything from the breach of a trend line or indicator. This method is ideal for those interested in price action as opposed to static numbers.
For example, if you drew a declining trend line, the alert would be triggered at a different value at 11:00 am vs 15:00 pm, purely as a result of the slope of the line. This means your alert could tell you two different things, both price and time.
Alternatives
You can also download apps specifically dedicated to providing you with professional trading alerts. Alternatively, you can get mobile SMS notifications. These allow you to respond to important market developments even when you’re on the move.
There is even the option of Twitter alerts. That’s right, you can keep up to date with Donald Trump at the same time as receiving crucial trading information. If that isn’t to your fancy you can set up email alerts and absorb data that way.
Technology now allows you to receive your alerts in whichever medium is most suitable for your needs. For example, an intraday trader glued to the screen all day may benefit most from alerts on their web-based platform.
A trader who trades for part of the day whilst juggling other commitments may prefer alerts via SMS.
It’s about finding the system that compliments your trading style and will allow you to digest and act upon information as quickly as possible.
Best Trading Alerts & Software
There are numerous day trading alert services out there. Whilst which one you opt for will depend partly on your market, below some of the best have been collated.
Honest Forex Signals
If you’re looking for FX (forex) trading signal alerts then this is a fantastic choice. Although not free, coming in at $177 for a monthly subscription, you get a vast number of simple and complex signals to choose between. All are user-friendly and straightforward to set up.
They are also renowned for second to none customer support. They are readily available and answer any customer queries almost straight away. So, if you’re looking for a forex trading alerts app to bolster your trade performance, this is a sensible choice.
Trade The News
If your strategy relies on utilising news announcements then this audio package is well worth your consideration. You receive breaking news, plus 24 hour instant analysis directly to your ear on the following topics:
- Bonds
- Treasury
- Fixed income
- Interest rates
- Commodities
- Central banker speak
- Energy news
- Natural disasters
- Terrorism
- Geopolitical developments
On top of the audio broadcasts, the NewsStation text platform is where you’ll find accurate and detailed analysis moments after breaking announcements. If you’re looking for a system that will ensure you’re one of the first to know, then this is a wise choice.
Real-time Stocks Tracker
If you’re looking for FTSE alerts then this is one of the best options around. This comprehensive app brings you real-time notifications on stock options, news, events, earnings, plus signal scans. If that isn’t enough you can create multiple watch lists, real-time streaming quotes, and interactive charts with over fifty technical indicators.
The only downside is it’s currently only available in the App Store for iOS devices. However, as popularity and demand grow, an Android-based version may well surface. Nonetheless, it remains one of the best systems for receiving day trading stock alerts.
Whilst those are three of the most popular choices, some other options worth considering are listed below:
- 24option
- Insider trading
- Monster trading
- C squared
- Tramline
- Harmonic
- Superman
- Metatrader
- FXCM trading station
- IG
- SuperAlertsPro
Can You Profit From Trading Alert Services?
Despite the promise of riches alert service providers claim, there remain some downsides to stay aware of. Firstly, remember that however many benefits trading signals and alerts offer, they don’t replace experience and they won’t work without an effective strategy.
Secondly, you need to take into account slippage. There will always be some lag in the alert and your ability to make or exit a trade, and when you’re intraday trading, every second and tick counts.
So, there are several questions to ask before you sign up for the ‘latest and greatest’ alert system: What is the actual content of the trade alert? Will it include details such as entry price, stop loss and price target? Finally, how many other subscribers are signed up for the same pre-determined alerts? If it’s too many you may find yourself part of the trend and not ahead of it.