How to Use Your Mobile App to Improve Your Trading

Published on: 18 May 2019 Last Updated on: 03 December 2021
Mobile App

The markets are always moving. The 5 trillion a day currency markets are trading hands 6-days a week, 24-hours a day. Make use of a mobile app that can make things easier for you. Traders who want to keep abreast of price action need to pay attention to market changes, especially when the markets are volatile. The best way to keep on top of market movements is to use a mobile application. These applications have several tools that can help you make your trading decisions including educational tools and technical analysis.

Test Drive a Mobile Application:

Some of the best mobile application feels like you are using a desktop. The app performs in a way that allows you to quickly navigate the platform without having to stop and think about how to execute a trade or perform analysis. Before you start to rely on your broker’s mobile app, you should test drive the application using a demonstration account. A demo account allows you to trade capital that is no real. So, if you make a mistake it will not cost you any of your funds.

Evaluate the Educational Aspects of a Mobile Application:

One of the great benefits of a mobile application is the educational material evaluate on the app. This generally includes videos and access to articles that you can read while you are on the go. If you are waiting for an appointment or have a few minutes to spare, you can pull up the videos on your broker’s mobile app and take a deep dive into different types of analysis that are offered on their mobile application.

Using Technical Analysis:

Some of the more sophisticated mobile applications provide technical analysis tools on their mobile application. This could include adding moving averages, adding momentum indicators or even oscillators. Some mobile application even provides you with the capability to draw trend lines. Its recommended that you spend some time testing your mobile app and performing some of the analysis that is offered with the mobile application.

Not only can you develop new trading strategies with your mobile app, but you can also follow the markets and perform risk management using the technical analysis tools available on your mobile application. For example, you might have a stop loss level below the 50-day moving average, but without your mobile app, you would not be able to see if the price tumbled through the average or bounced. By using your mobile app, you can evaluate the trend in the market using technical analysis tools.

Execute Trades:

One of the issues that a forex trader can face is having the ability to execute a trade while you are on the go. This is where a mobile app can be a great tool. Not only can you perform the analysis you can execute trades wherever you have access to cellular communications.

The markets are always moving. The 5 trillion a day currency markets are trading hands 6-days a week, 24-hours a day. Traders who want to keep abreast of price action need to pay attention to market changes, especially when the markets are volatile. The best way to keep on top of market movements is to use a mobile application. These applications have several tools that can help you make your trading decisions including educational tools and technical analysis.

Read Also:

Content Rally wrapped around an online publication where you can publish your own intellectuals. It is a publishing platform designed to make great stories by content creators. This is your era, your place to be online. So come forward share your views, thoughts and ideas via Content Rally.

View all posts

Leave a Reply

Your email address will not be published. Required fields are marked *

Related

Mobile app

How To Market Your App Successfully Mobile App Marketing Agency

The mobile app is becoming quite popular and are being used to sell products and services. Hence, it is not surprising to note that as of January 2017 there are around 2.7 million apps I App store and around 2.5 million apps in the Google Play Store. These numbers are simply staggering, and they are going up quite satisfactorily with each passing day. However, many thousands of apps fall by the wayside because of wrong marketing and improper selling of the same. It would be wrong to expect that users will flock to your app even if the services are offered free. If you sit down and expect miracles to happen, it is not going to happen. This is because of fierce competition. Hence you must find out ways and means by which you can identify the services of a good app marketing agency for marketing and popularizing your app. Additionally, here are a few more important points to be kept in mind when it comes to marketing to your app. How To Market Your App Successfully Mobile App Marketing Agency: Website Presence : Unless you have an online presence for your app, you will find it difficult to reach a big mass. People would like to find out ways and means by which they are aware that you have an app that offers them value for money. Towards this objective has a good website is a starting point, and it should have a link to your app. The website should prominently talk about the services being offered by the app, and it should not just be a link in some indiscreet corner. Hence, this is one of the most important points to be kept in mind when marketing an app successfully. A good mobile app advertising agency would be able to do the job properly. Presence In Social Media : The next important thing is to ensure that your app is actively promoted on social media. Today social media plays an important role in all our lives, and you must be able to take advantage of the same. You could have an organic approach and have a Facebook page, Instagram or Twitter profiles. You could use it to follow people who you think are the target audience. However, you must not spam people by being excessively promotional. You should try and connect with your audience in a meaningful and decent way. The promotion should happen in such a way that you can engage the audience in a conversation with you rather than being pushy and spamming in your approach. Here again, the role of agencies could play a big role because they know how to go about it professionally and effectively. Paid social media promotion is also effective. This could include scientific and intelligent CPC programs. This could increase your CTR or click-through rates by almost 40%. Public Relations : Media and public relations could also play a big role. You could have a press release and host a local party where the local media is invited. You also could give interviews to local newspapers. These are expensive but could be done on a small scale using the services of professional mobile app promotion agencies. App Store Optimization or ASO : Just as SEO you should also appoint agencies for ASO which is known as app store optimization. It is effective because it helps to identify your app in a market that is fierce and oversaturated. Your app name must be unique, and you must learn to include relevant keywords but should not make it keyword stuffed. The app should have a good description which talks about the objective and values it offers to customers. You should know how to promote your app using such ASO techniques graphically. Word Of Mouth Advertising : Finally, the good old word of mouth advertising also works. You could try and incentivize people who promote your app, talk about it and ensure that it is being downloaded and used by people. You could appoint local franchisees for marketing the app and ensure that they are paid handsome commission for installation and downloading as the case may be. Hence, there are many ways by which agencies can play a role in marketing your app in a good way. Read Also : 7 Of The Best Entertainment Apps On Android 7 Reasons Why Your Business Needs A Mobile App 7 Essential Apps For Your Mac In 2018

READ MOREDetails
favorite apps

With 2018 Coming to a Close, Here Are Our Favorite Apps of the Year

Every year, people from all over the world download hundreds of billions of apps. Which ones are actually worth giving up space on your phone or computer for, though? How do you know which apps you should download and which ones you should skip? Read on to learn about some of our favorite apps of 2018. You can use this list to help you decide which apps to look into and which ones to pass on. Google News: Every day, we're bombarded with news stories and it can be hard to keep everything straight. Even if you watch the news every day, you can still end up missing major events. Google News is a great app that helps you keep up with the latest news stories. It's well-designed and easy to navigate. It also strikes a good balance between personalizing your news feed and showing your varying perspectives on popular topics. Otter Voice Notes: featured image: youtube.com Do you hate typing out notes on your phone, computer, or tablet? Are you tired of looking for those little scraps of paper that have important pieces of information scribbled on them? Try using voice memos instead. Otter Voice Notes is an app that uses AI to learn your voice and transcribe your voice memos so you can return to them later. You can also go back and add notes and photos for context so your memos are easy to understand when you need them. TikTok: featured image: saferinternet.org.uk Apps don't always have to be about function. There are plenty of fun apps that you ought to consider downloading. One of the best apps of 2018 is TikTok. It may not have been developed in 2018, but TikTok made a major comeback this year. This fun app is free to download and makes it easy for you to make all kinds of fun and hilarious videos with your friends and loved ones. Hotspot Shield Free: featured image: phpnuke.org Apps aren't only for your phone and tablet. There are also some great apps out there that can help you stay organized and protected while using your computer. Of all the Mac apps available on the app store, Hotspot Shield Free is one of the best. This is especially true if you frequently rely on public Wi-Fi. Hotspot Shield Free is an app that secures your computer and internet browsing when you connect to the Wi-fi network in restaurants, coffee shops, libraries, and other public places. It allows you to choose the IP of a specific country and access services that might otherwise block you. BuildFire: featured image: problogbooster.com Did you know there are apps out there designed to help an app creator make their own app? If you're interested in building your own app but aren't sure how to do it, BuildFire is a great tool to have in your toolbelt. BuildFire gives you the option to build your own app from scratch or work with a certified professional who will do all the heavy lifting for you. The choice is yours! Adobe Premier Rush: Want to edit videos on the go? If so, you need to download Adobe Premiere Rush today. This app is easy-to-use and can handle multiple video clips at once. It offers all the same tools as a professional video editing software, but it's intuitive and perfect for putting up high-quality videos. You also don't need to have the paid desktop version of this program to make use of the free mobile app. If you do have the paid version, though, you can sync it with the app to work on projects no matter where you are. Asphalt 9 Legends: Another fun app to download when boredom strikes is Asphalt 9 Legends. This game will take you back to your childhood arcade days, but with much better graphics. This racing game is easy-to-master and features a realistic lineup. It's the perfect game to play when you want to relax, zone out, and have some fun. Filto: There are tons of free photo editing apps out there, but they're definitely not all created equal. Filto is one of the best free photo editors that will let you add a variety of filters and effects to your photos and videos. It's easy-to-navigate and provides you with both subtle and more extreme editing options. Filto also lets you re-size photos and videos to the perfect aspect ratio. 1Password: With reports of hacking coming out every day, password security is more important than ever before. If you're willing to pay to keep your passwords safe, consider downloading 1Password for your computer. It's not a cheap app by any means, but it allows you to create a master account for all your passwords and confidential information. As a result, you only have to remember one password instead of dozens or even hundreds. This is an especially useful tool for those working in the corporate world. Heimdall Parental Control: Worried about your child's mobile device usage? Now, you can use your own phone or tablet to exercise more control over what they use and how often they use it. Heimdall Parental Control is an app that you install on both your child's mobile device and your mobile device. Then, you can control various aspects of their usage. For example, you can block specific content or the installation of new apps. Many of the features on this app are free. You can also pay for a premium version if you want even more control over what your child sees and how they use their particular device. Want to Learn About More of Our Favorite Apps? These are some of our favorite apps from 2018. But, there are lots of other great apps out there, including older programs that we use on a regular basis. If you want to learn about other great apps, be sure to check out the technology section of our site today. There are tons of helpful articles here that will teach all about the best personal and professional apps you ought to be using. Read Also:  

READ MOREDetails

How to Make Facetime More Enjoyable

Facetime easily connects us to our loved ones and friends anytime and anywhere. It has made communication more accessible for everyone especially if we live in different parts of the world. It’s available in Apple products, like the iPhone, iPad, and iTouch. You can stay in touch no matter where you are. If you love Facetime, here are some tips on how to make it more enjoyable and memorable: 1. Use Effects or Filters: Source If you would like to play around during your conversation, Facetime offers a lot of filters to choose from such as animal filter, black and white effect, dreamy backgrounds and even scary ones and much more. How to use Effects and Filters: Launch the Facetime app on your gadget. Choose the person to call and tap on audio or video. Tap the filters icon on the left of the red circle. Select the filter you like and then tap the small x on the side to return to the call. 2. Use Animoji and Memojis: Source Animojis were a big hit with IOS 11. A friendly lion, happy bear, cheeky Chinese dragon head, and a talking skull will mimic your facial expression in real-time. How cool is that? There is also the Memoji. This feature lets you customize the look of the avatar close to what you look like in person! These are the new features of Facetime using the new IOS 12 that will truly make your conversation more fun and exciting. How to use Animojis and Memojis: Launch the Facetime app on your gadget. Make a video call and then tap on the box showing your face. Tap the effects button on the left side of the red circle. Select the Animoji or Memoji icon. Pick out your preferred Animoji or Memoji avatar.= For the Memoji avatar, you can personalize the skin tone, face shape, length of hair, eye color, nose, mouth, and even your brows. It will look just like you in a cartoon way! 3. Talk in Group Chats: Source This is the most popular feature for family and friends who want to get together. You could be planning a special event, grand reunion, or simply a quick lunch date. You can add up to 31 people and that is a big meeting indeed. You can use a phone stand <do-follow> if you think your group chat will last for a while. This way, your hands are free to relax and do other stuff. How to make group calls: Launch the Facetime app on your gadget. Make a video call and tap + to add a person. Enter the contact name, number or email. Tap the added person to Facetime. Add up to 31 people to join your group chat. 4. Play Conversation Games: To spice up your Facetime conversation, there are lots of new stuff to try to make your regular talks livelier, such as having conversational games. This will surely improve the quality time with your loved ones. This would come in handy when you ran out of things to say but still want to carry on with the talk. Here are some games you can try out on your next Facetime call. Two Truths and One Lie- This game is when you have to tell each other two truths and one lie which varies anything from your childhood days up to present. The other person has to identify which one is the lie and why. You take turns in this game. Song Lyrics- If you and your family or friends are music lovers, then this game is perfect for you. One person will have to sing a line from the song and the other person will need to guess the title. You can score on the correct titles and decide on the punishment or dare for the person who will lose. Movie Lyrics- On the other hand, if you are both movie lovers, then famous and best movie lines can be your game. The other person can guess the correct movie title from the dialogue given. There are thousands of lines to choose from especially on all-time favorite movies. Conclusion: Facetime is an awesome way to connect with your family and friends. It allows you to have quality time with them even when you’re not living under the same roof. Try out these awesome tips to make your conversations more fun and memorable! Read Also: Smartphone Addiction In Our Era Why Your Business Needs Call Center Tracking

READ MOREDetails