Oct. 16th 2014
Some people make vast fortunes investing in the markets. Others are hesitant to invest at all due to their lack of knowledge of the markets. However, share market software can increase your chances of success whether you’re trading on the stock markets in the US and Canada, or the share markets in Australia and India.
What is Share Market Software?
Successful traders are those who buy or sell the right investment at the right time. Share market software provides the current information needed to make informed decisions. However, there is no guarantee that the projected outcomes will always happen. Future outcomes are dependent on the variables used to predict them.
Although some differences exist, most share market software provides the following:
- Investment Monitoring
All of your investments are displayed in one place so that you can easily see the current status of each investment. In addition, charts display the changes in your portfolio. Visual images make data easy to compare and understand.
Typically, the software will allow you to import your data from investment files (QIF, OFX/QFX, CSV) or enter your holdings manually. This allows you to get started quickly, getting to the important tasks of interpreting and analyzing your investments.
You may even enjoy practicing investing with fantasy money and holdings. Whether you use fantasy investments or track your actual holdings, share market software will help you make informed decisions.
- Analyze Current Holdings
Share market software performs analysis for you in various reports such as those for gains & losses, as well as over-time performance measures. Ratios are computed and explained so that you can easily understand the significance of the ratios being applied to your investments.
You may generate reports for varying time periods in order to see the effects of previous decisions. You may also discover some strengths and weaknesses in your making decisions.
- Research Potential Investments
By creating watchlists, you can track potential investments around the world. You can track share prices, mutual funds, ETFs and currencies from Australia, New Zealand, US, Canada, UK, India and most other major markets.
You can create criteria to fit your needs for the best investments. You can change, arrange and sort data for your specific needs, even modifing prices to test future conditions.
Where Can You Learn More about Investing?
These sites are helpful for finding investment and trading information.
For specialized share market software, tools such as StockMarketEye can help you analyze what you read about on websites and find the best investment ideas, while also helping monitor your fantasy or actual investments.
Oct. 12th 2014
When it comes to investing in the stock market, timing is everything. Missing an important trade by minutes or seconds could cost you a considerable profit or result in a big loss on your investment. Instead of playing guessing games or missing out on important information, a stock alert can help you determine the best time to take action.
What Is a Stock Alert?
A stock alert is a notification that some aspect of a stock has passed a specific threshold that you have set. For example, you can set your alert to notify you as soon as the stock has increased or decreased in value by more than one percent or the trading volume has increased or decreased by more than 5 percent. Getting notified of an alert can be anything from a popup on your desktop to a text message on your phone, or even email notifications. Electronic notifications allow you to respond as quickly as possible because when it comes to stocks, fractions of a second in response time can make a big difference.
What Are the Benefits of Stock Alerts?
Setting up the right stock alerts, on stocks that you own, helps to make you aware of important market activities that you might not have otherwise noticed. You may be able to use the alert to prevent a significant loss if stocks you own drop in value. Likewise, you may decide to sell and take your profits if you notice an increase in the stock’s valuation and an increase in trading volume. The stock alert allows you to react quickly to buy, sell or trade stocks in your portfolio.
The Best Ways to Set Up Stock Alerts
When you’re a regular trader in the stock market, you need up to date information on all the stocks you own. To get the alerts you need, decide on what threshold you want for each alert. You may even decide to set up different levels for each stock. You may even want to have multiple alert types for a single stock. Be sure to keep your alerts up to date as you make changes to your portfolio. You won’t want to continue receiving text alerts for stocks that you no longer own.
Setting up an alert system for your stocks helps you save money by not missing out on the rapid changes that take place during the opening hours of the market. StockMarketEye has a built-in alert system that can help you quickly and easily manage alerts on stocks, funds, ETFs and Forex prices that you’re interested in.
Oct. 8th 2014
In order to attract more investors, companies engage in a tactic called the stock split. This can allow new investors to buy stock at a better price, while rewarding current investors with a greater amount of stock and prevent dilution of their value. Many different types of companies use stock splitting as a strategic measure for attracting new investors.
What Is A Stock Split?
A stock split changes the amount of stock that has been issued to the marketplace, altering the price of the stock to reflect this division. The most common splits are 2 for 1, 3 for 1, or 3 for 2. However, the 2 for 1 stock split example is by far the most common. For each share of stock held, two shares will be issued. The price of the stock is divided by two. In the 3 for 1 split, each share is divided by 3. In the 3 for 2 split, an additional share is given for every two shares, and the price is divided by 2/3rds. A “reverse” stock split can also be done. For example, in a 1 for 10 reverse stock split, 10 shares of the stock are rolled into one share whose value is 10 times the price. Reverse stock splits are also called stock consolidations or share rollbacks. Consolidating stock in this way increases the price, which often attracts investors who prefer stock prices in a certain range.
Why Companies Do Stock Splits
In effect, a stock split allows the company to change the number of shares that are held by investors without affecting the value of the shares. However, splitting a stock often causes the price to rise, as more investors look to purchase it at the lower “attractive” price. Secondly, stock splits are often performed after a stock price has risen significantly. This signals to investors that it is trending favorably. Third, the stock split narrows the bid/ask spread, making it easier to trade and increasing its activity in the market.
Stock Split Example
A look at a stock split example will help you to understand the advantages of this practice. Company A announces a 2 for 1 stock split. Its price is currently $80 per share. The investor has 100 shares at $80 per share, or $8,000 of stock in total. If the stock splits 2 for 1, the investor now has 200 shares at half the price, or $40 each. They still have stock worth $8,000 but the number of shares has doubled. The lower price of the stock often induces the investor to purchase more. It will also attract other investors, thereby raising the value of the investment as people seek to purchase the stock at its more desirable level.
The StockMarketEye User’s Guide has information on how you can enter a stock split for your investments.
Oct. 7th 2014
A portfolio is a collection of stocks, bonds and other financial assets. You may have a small or large portfolio of investments that you manage. Perhaps you have not started investing and you are interested in working with a mock portfolio before you use your real funds with investment activities. The fact is that you can amass a considerably large portfolio and it can be challenging to fully monitor your assets when you are working with a large number of investments. However, your ability to manage your portfolio is imperative to your long-term success. The good news is that there is free portfolio tracking software available that can facilitate this process for you.
Free Portfolio Tracking Software
There are a number of portfolio tracking software programs available to you free of charge. They are, however, rather basic in nature. Some of the more advanced programs may link directly to your accounts, but the free versions at Yahoo! Finance and Google Finance are popular as well. These and other options essentially allow you to input the number of shares that you own, and the program will keep tabs on the holdings in your portfolio in this manner. This means that you can use real or fake investments with relative ease, and you can easily determine how your investment decisions would have impacted your assets, if you are using a mock account.
Other Free Versions
There are also more advanced free versions available, such as the USA Today and CNN Money tracker programs. These are some of the many unique versions that have powerful capabilities, and they allow you to analyze investments through the program and to analyze your own investment efforts. Some can determine how risky your portfolio is, and they can analyze the portfolio to tell you how heavily weighted you are in high risk versus low risk stocks.
Free portfolio tracking software is available online for immediate use and may meet your needs perfectly. Some of these applications are robust and can be used to track both small and large portfolios. You can try them out and review their features on your own for free to see if they are suitable for your needs.
Advanced Portfolio Tracking Software
Beyond what free software can provide, commercial portfolio tracking applications provide for managing multiple portfolios (both real and mock), downloading your data from brokerages, analyzing performance metrics and reports, integrated charting and watchlists, as well as stock alerts and news feeds. If you’re serious about your investments, or even if you just want to go beyond the limits of the free trackers, you may want to checkout and evaluate software like StockMarketEye. It is easy to use, reasonably priced and offers a full 30-day free trial so you can fully test it out it before making any decision.