Note: Instead of every minute, alerts will be check daily at the end of day due to licensing issues.
In an ideal world, we would be able to monitor the stock market around the clock, so that we would know the instant the stock reaches a price we’ve been gunning for, or when the stock we’ve KIV-ed at the back of our minds is approaching the ex-dividend date.
Alas, we don’t live in an ideal world, and even if we did, it would get pretty exhausting after a while having to watch like a hawk over the 47 different stocks we are interested in.
This is the part where I tell you the good news. With SGXcafe’s latest feature, all of this can be done, easily. You don’t even have to be looking at the stock market to know when it happens.
You can now set alerts for any stock and have SGXcafe alert you when the stock hits the value you set. Want to know when the stock price drops by more than 10% in a given day? Or when the stock price reaches $20.16? This can all be set up quickly in just three steps:
1. Go to your watchlist
2. Click on the number in “Active Alerts” of the corresponding stock (default is 0)
3. Set your values and click “Update” to save
SGXcafe will check the stock market once every minute during trading hours, and alert you (via email if you opted for it, or through the SGXcafe interface) the moment the values match what you set.
SGXcafe will check the stock market daily at the end of day, and alert you (via email if you opted for it, or through the SGXcafe interface) ifthe values match what you set. It is changed from every minute to daily simply due to licensing issues.
This first release currently has six customizable alerts – upper price, lower price, % increase % decrease, volume, and Exdate – which should suffice for most investors. However, I have plans to release even more types of alerts in future such as P/E ratio, which should prove useful for more advanced users.
I hope that this new feature will make trading even easier for you, and as always, I welcome any feedback or suggestions on how I can better it.