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| Discuss SMS/email alerts at the Trading Resources within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Hi Guys, I am a new short term trader in NSE cash segment. I am ... |
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#1
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Hi Guys,
I am a new short term trader in NSE cash segment. I am looking for a website where I can configure my stocks to get price alerts on sms or email. I understand its going to be on payment basis. My profession does not allow me to sit on the computer and monitor the prices, but I am never very far away from internet so if I get an SMS I can act on it, or if I get am email I can act on it as soon as I read it. I have seen the service on moneycontrol.com, but it does not let me configure the price alerts (it has a stupid 10% above and below alert) and cost appears to be slightly on the higher side. Please correct me if I am wrong. I am interested in something that I can pay per alert basis. Regards, Jitendra |
| The Following User Says Thank You to jits_1998 For This Useful Post: | ||
Tapaswi.S (4th August 2008) | ||
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#2
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Even I am in very similar situation, and seriously looking for such products in any websites, and shell share here when I find one. did you try any product which offer market watch on mobile phone. (GPRS/ EDGE connection is required). Tapaswi.S |
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#3
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I am looking at something that sends me a message and is cheap. Like 50p-1Re per sms. Edge/GPRS aren't that cheap and I am on reliance
![]() Also as I said I can't be checking the market all the time, like when I am in a meeting. But "someone" sending me SMS is not my fault .The scenario that I am trying to solve is I buy some stock and then go about my life/work till I get a message stating my target achieved or SL hit. Then I can get back to my comp ASAP and take appropriate action. This kind of service will save me the time and effort of continuously monitoring my portfolio during market hours. |
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#4
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By the time you get back to your comp, the scrip might (or most certainly will) have moved off of your target/SL. Murphy's Law states that anything that can go wrong will go wrong. Isn't it better to call up your RM before going in to a meeting (when you are in a trade) and ask him to sell it off at your target price? Also, helps to manage stops, doesn't it?
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#5
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Meeting was just an example. Even when I am sitting on my desk and doing work or working away from my desk, its very distracting to keep checking the prices.
We can always set reminders for SL + 0.1% or so to avoid the situation of missing the point. Last week was a very busy week and just could not keep an eye and lost about 1k rupees extra in 2 stocks because my SL was hit and I could only see it after the market hours. Looking for something that can help me avoid it. Also if I am owning 10 stocks at a time, I would need to give him 20 prices to keep an eye on. Don't think thats possible humanly for him to do it for all his clients. I believe RMs are better utilized to pick up or sell 1 or 2 stocks rather than keep an eye on entire portfolio. |
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#6
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Please post your feedback on this here for the benefit of others. Thanks. |
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#7
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Have already discussed this in my initial post. Please review.
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#8
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I am surprised that not many people need such a utility?
Or is this community primarily for day traders and investors? Someone please answer if this is the right place for short term investor queries. |
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#9
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I have set up QT to do it for me as I am online from office or home all the time.
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#10
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