No matter what corner of the world you find yourself in when you are learning how to get started in the stock market, you’ll be able to keep track of your portfolio using specialized software. Once you get started with stock investments and trading you’ll probably be checking on things regularly to find out exactly how well everything is doing. If something does happen to your shares you’ll want to make a trade or purchase new stock right away.
If you travel regularly you’ll be able to keep an eye on your portfolio with special software. Since the stock market has changed to the point where the average stockholder can keep track of his investments online, you’ll be able to watch them no matter what part of the world you find yourself in. That is to say, of course, as long as you are in an area that has access to the Internet.
There is even software that you can use to manage your portfolio from your cell phone. With some systems you’ll be able to make use of coverage in different exchanges and this is a very useful feature to have especially if you are investing in different stock markets. For example, if you buy both European stocks and ones from the US, you’ll want a software that can keep track of different currencies and stock exchanges.
In some cases you’ll have to switch between applications to find out what your stocks are on one exchange to the next. Some apps for cell phones now offer the ability to use just one to check different exchanges. These apps are a lot less frustrating to work with.
If you are interested in getting an app for the market on your mobile device here are a few of the features that you should be looking for in order to keep things as simple as possible – especially when you’re first learning how to get started in the stock market.
1. Easy management of your portfolio
You’ll want to find a software that offers the ability to manage and create your portfolio on the app. You’ll also want one that can keep track of the market value of your stocks.
2. Easy to navigate
You don’t want to have to deal with anything too complex or complicated when you’re working with your portfolio on your mobile device. You’ll want the options to be clear so that you can easily switch over from one category to the next and know exactly what you’re doing at every moment. While it sounds simple, not all stock market apps are designed to be user-friendly.
3. Live feeds
There are services available that will give you live feeds on your phone so that no matter where you are in the world you can know exactly what’s happening in real time. Make sure that you find an app that will give you feeds in real time that are not delayed. You may have to pay more for this type of service but it is well worth it.
4. Trading information
Find an application that has a host of features including the latest quotes, the highs and the lows, the volume etc.
5. News coverage
You’ll want to keep track of the latest news coverage in the stock market as well. Some of the best trades may be made while you are traveling in a different country and see a news report being transmitted over your cell phone.
While you may be thinking that it might take some time before you hit the point where you’ll need to check on your stock market portfolio while you are away or plan trades when you are in the middle of a holiday, you’ll be surprised at how fast you progress when you’re learning how to get started in the stock market. Once you’ve hit a certain point you’ll never want to be without the knowledge of how your stocks are doing in real time.
It’s a brand-new day in the stock market when you can find out everything that’s happening with your stocks just with the click of a button. It used to be that you’d have to call your broker and catch him when he wasn’t busy to find out how your stocks were doing or look through the local newspaper for daily updates. Now you can get reports that are live any time during the day so that you can always stay informed and make snap decisions about your portfolio on demand.
If you’re like most people you have a cell phone that you’re quite familiar with. The apps available for the stock market are quite easy to get used to with a bit of practice. While you’re learning how to get started in the stock market this is one of the first tools that you’ll want to get. The apps are usually quite cheap and some of them offer a free version that you can check out before upgrading to one that is paid.
