A simple request - an alert for when a market opens and closes. Customisable so we can have alerts for the US but not the UK and vice versa.
Guess the reason this hasnāt been done is itās really easy to do with your phone.
You also, sort of know when itās open and closed the longer you do it.
Yeah sure itās easy enough but countless apps have reminder functions that could be replicated by your personal todo/calendar app, Iād just rather not have a āstock market opensā reminder clogging it up each day. Itās very easy to lose track of time when youāre working hard on something so a simple reminder might ensure you check on things after the after the opening bell.
I guess I donāt understand why youād need this. If youāre a daytrader you should be on it anyway.
If youāre not you shouldnāt care whether youāve remembered the opening bell or not.
I remain unconvinced, I feel I may never change this opinion. However feel free to try and convince me if you wish.
This is the same thought process on why I donāt set alarms when Iām cooking or for when I want to wake up. If Iām there Iāll notice and if Iām not š¤·
Huh? You leave things on the stove and if you donāt notice, š¤·. Iām sure thatās not what you mean.
I agree. That was probably one of the worst strawman arguments Iāve ever read.
Becomes second nature really, I wouldnāt really see a point to having notifications of markets opening as it may get in the way. A watch is all thatās needed really.
My kind of cooking :+1
In the oven mostly, but I was agreeing with his argument
I was agreeing with you, if Iām not already paying attention then chances are I probably donāt need to be.
Itās not like the addition of a reminder function would detract from anything, it could only ever be helpful, no matter how small. Iāve a very intensive job and where I often lose track of time; a little ping to remind me to check my stocks after the opening and closing bells so Iām aware of what is happening/happened that day would be helpful for people like me who donāt day trade or manage their accounts very much, but would like to be kept in the loop, no matter how distracted we may get during our days.
Itās actually bad form to check your stocks every day, so having this function could set bad habits.
I disagree that itās a bad habit to check on your stocks daily. So long as you arenāt trying to day trade, which is the real risky move, then youāre doing no harm. If checking your stocks often makes you want to trade more, then you just have no self restraint and you likely have worse bad habits than simply checking out the financial markets.
How long have you been investing Tyler? Itās pretty universally known that itās bad form to check your stocks daily.
Itās got nothing to do with self restraint. Itās to do with tinkering.
But worst of all and I suspect by your implied post history that youāve not experienced it yet, but the gut wrenching feeling of logging in and seeing your stocks down 30, 40, 50 maybe even 55% percent and being bombarded with news that stocks are going to zero from sources you used to read is the ultimate test of staying power, not checking your stocks can help alleviate this anxiety.
Tinkering would be a lack of self restraint if you still believe in the stock so my point still stands. Advocating not checking stocks because you may get worried and sell is advocating wilful ignorance because you donāt have the guts to sit through bad times. My original post is about a feature suggestion for busy people who enjoy investing and enjoy checking the performance of stocks every day. I donāt need a lecture from you on forming ābad habitsā.
I remain unconvinced and now youāve lost your temper.
Was a good debate, at least weāve kept it near the top of the latest posts, unfortunately it doesnāt seem to have attracted much attention, probably because even the busiest of people have a watch.
Well you have read my comment in the wrong tone if you think that. Simply telling someone that you donāt require their unsolicited advice does not constitute losing oneās temper.
This place is hardly the busiest of forums. A watch does not do the same thing a notification does, which is the entire reason for my post in the first place. The fact you cannot grasp something that basic is quite revealing
Yeah itās a bit like trying to quit smoking and saying āIāll just carry them around in my pocketā¦ā This is one of the downsides of apps like T212. The upsides clearly outweigh it, to my mind, but itās not without very real danger.
Thereās nothing to quit as Iāve never day traded and have no interest in doing so. Hiding from the performance of your own shares is just encouraging ignorance. Yes, Iām sure it does help for people who know theyād likely bottle it and tinker with their shares but not everyone is like that, myself included