Better control your investments with alerts, designed to help you minimise your risk. An alert is set to monitor investment equity and automatically sends a push-notification to the Investor’s device once a pre-set equity level is reached.
The Investor can define several alerts of differing equity levels (max 10 alerts per investment), all that is needed is to set the parameters of exposure you wish to allow your investments. A good rule of thumb is to set it based on how much you can afford to lose or want to earn, so that when the alert is triggered you can act quickly and accordingly.
How to manage alerts
Set up an alert:
Follow these steps to set up alerts:
- Open any active investment, then scroll to the bottom of the Investment and click +Add under Alerts.
- Set the amount you wish to set this alert in either USD or %; by default this alert is set to repeat too, but it can be toggled off and on. Click Add to finalise.
When you first start copying an investment, a set of default alerts are created for this new investment. You can leave them as is, edit them, or delete them as you would any alert.
To edit an alert:
- Within any active investment, scroll down to alerts.
- Tap any alert you wish to edit.
- Input new parameters, clicking Save when final.
To delete an alert:
- Within any active investment, scroll down to alerts.
- Tap the X icon on any active alerts to see an “Alert deleted” message.
Alert tips
- Alerts can be set after opening an investment, or even on existing active investments.
- It is suggested to set alerts in USD or in % to better manage them.
- When set as %, this describes equity change. While set as USD, the specific equity level is described.
- To set an alert for loss in equity value, use the % option with the special negative option selected.
- See the example below for more info on this setting.
- A maximum of 10 alerts per investment can be set.
- 2 alerts are set after opening an investment by default:
- +10% from current equity.
- -10% from current equity.
- You can edit the default alerts as you would any created alerts; simply follow the steps shown to edit alerts.
- Alerts can be deleted or edited; when edited, they are calculated using the current equity level.
- Be reminded that an alert for an exact amount like USD 100 can activate if equity passes from USD 99 to USD 101; this is usually due to the size of a price movement. When the alert is activated, you may see USD 101 even if the alert was set for USD 100.
How alerts works
- After an alert is set, the app monitors the investment equity, recalculating with every new obtained price tick.
- If investment equity reaches or falls below the limit set, the alert is activated.
- The Investor receives a push notification, ‘Equity reaches the limit…”. When you tap on the push notification, you will be redirected to the investment.
- Now you can manage the alert, which can be deleted or edited and set again.
Example
The equity of your investment is USD 120.
Using USD-set alerts:
- If you want an alert when the equity reaches USD 100, you should create the alert in USD and enter 100 in the field. This way an alert will trigger if equity falls.
- If you want an alert when equity reaches USD 200, you would create an alert in USD and enter 200 in the field. This way an alert will trigger if equity rises.
Using %-set alerts:
- If you want an alert when equity increases 10%, you create the alert in % and enter 10 in the field. Equity is calculated to this percentage and will trigger an alert if equity level increases 10%.
If you want an alert when equity decreases 10%, you create the alert in % and enter 10 in the field, but then add the negative indicator by clicking to the special icon. Equity is calculated to this percentage and will trigger an alert if the equity level decreases 10%.
Therefore it is possible to track both an increase and decrease in equity using both USD and % options - whichever best suits your trading style.