The app that can help you understand stock market
What's the story
Have you always thought of trading in the stock market but stepped back because of not knowing how to? Don't worry, you can now learn that and achieve your financial goals.
Getting into waters is the best way of knowing the water's direction. Similarly, to understand the knacks and hacks of the Indian stock market you can use the app called 'Stock Trainer'.
Here are the details.
Details
Stock Trainer: A virtual stock market trading platform
Stock Trainer is a virtual stock trading app, but it works with real-market data to give you as close to real life results as possible.
If you aim to become a Stock Market mogul but don't wish to risk your money, then the app can give you the first-hand experience with virtual money.
You can start virtual trading with a sum of Rs. 500,000.
Features
How it helps you understand the knacks and hacks?
The app has an amazing feature called 'Find Stocks'. On typing a keyword it lists all the stocks containing that word.
Then, right after choosing the desired stock, it provides the potential investor with all the data around that stock, including high/low price, volume, P/E ratio, etc.
It also gives you the news events happening around that stock along with its technical charts.
Stay Updated
It keeps you updated with all the business news
The app is loaded with a feature called 'Magazine'. It provides you with all the events happening around the globe related to the company in the stock of which you are interested.
The feature doesn't only save the users from the hassle of wandering on different news websites and apps but also makes sure that they do not miss on any major events.
Top Movers
Know gainers and losers of the market at one tap
Further, the app comes with a feature called 'Top Movers'. Under this, the users can get the real-time information about both the top gainers and losers of the market at just one tap of the finger.
It can help you track and know which stocks are responsible for driving the market either upwards or downwards.
Go Global
It lets you understand markets of all countries
The app lets users track the stock markets of multiple countries. It offers a list of 14 nations, including India, the US, the UK and Singapore.
This feature is really helpful as an investor should be equipped not only with the happenings around the world but also with the global sentiment, in order to take right and informed decisions.
Oops
What you might not like about the app?
Maybe while developing the app, the developers also kept in mind the superstitions that people often tend to believe while chasing money.
Under the 'Magazine' tab, the app also provides users with the horoscope predictions which might not appeal to many. It can also lead users to take baseless investment decisions on the basis of predictions rather than using their rationale.
Surely Yes
So is it worth your time and use?
The app is definitely a 'must try'. Along with providing the users with essential features like 'portfolio', 'watchlist' and 'My account', the application enriches users' experience with the previously mentioned unique features.
This app can not only help you in understanding the basics but also become a pro trader by keeping you updated and providing you with all the necessary information.