Using a Stock Alerts Chat Room for Social Traders

There are few sectors where speed and good decision-making is more important than in the financial world. Traders of all levels of skill and experience know that just a few seconds can make all the difference. The way to make a decision correctly is to do so after gaining as much information as possible. What sources one uses for that differ from trader to trader. And of course, so do areas of interest and the type of stock they might be interested in. What does this have to do with a stock alerts chat?

chat room - the old way

There are various ways to do this research. While many of them have their distinct advantages, one of the most well-rounded ways is by taking part in a professional community. If you don’t have access to one locally, one of the best ways to go about this is to find a skilled, knowledgeable online community.

Stock Alerts Chat

This is exactly what a RumbleTalk stock alerts chat can be used for. Set up an admin team with years of experience under their belt and help your users make the best decisions as quickly as possible. With both private and group chats, users can find out what they need to know when they need to know it.

signal chat room the new way

In addition to the chat itself, there is another, even more, valuable feature—stock alerts. Stock alerts provide quick and easy-to-action alerts in real time. These bite-sized recommendations tell users what they need to know at a glance. Best yet, they are unobtrusive enough not to interrupt you while you are busy with something else.

Combining alerts with a chat room into a stock alerts chat is nothing new per se, but it is an essential service in the trading market. The recommendations and tips come from a known guru that shares their knowledge and skill through these alerts. In addition to the recommendations themselves, the chat can help clarify questions, give explanations, and more in real time. And they provide all this while allowing users to hear about their guru’s favorite stocks as soon as he or she does.

What Are the Benefits?

A significant part of trading is making educated guesses and taking chances to get the best payoffs. With this service, a lot of the guesswork involved is removed. Chats give users immediate access to an expert’s recommendations and advice on the movements of the market. They also provide a whole team of experienced admins to answer questions in a live chat every day. The experts can give advice to users new to trading and more experienced ones. The chat is both a tool to improve and to stay on top of an ever-changing market.

The system is very easy to use and intuitive, meaning users will get the hang of it very quickly and notice improvements in their results almost immediately. In other words: they can spend less time on guessing and more time focusing on their work. The stock alerts service is paid-for, thus restricting it to a select few, keeping the available information more relevant and exclusive.

Focus on What Matters

Users can receive the alerts and use the chat on any device of their choosing, from a laptop or computer to a phone or tablet if they are on the go. In fact, you can even set up an auto-login to save you valuable time when accessing the alerts and chats. You’ll be able to review older alerts and chat sections just as you need to. If you miss something, you can always keep up by looking through previous conversations.

The alerts and chat room are suitable for both experienced traders as well as newer ones. So no matter where your users are on their journey, RumbleTalk’s chat and an alert system can be hugely beneficial.

This is especially true for those busy during normal market hours. If one misses an alert or two, the chat keeps the history. This allows users to focus their attention where it’s most needed at the time, and then go back and view it later if need be. All-in-all, the chat lets you know exactly what stocks to narrow your focus on and when to possibly consider adding to what the guru believes to be the best long term, swing trade positions.

Why Social Stock Trading Companies Need a Group Chat?

We now have witnessed how Internet technology has changed our daily life and the way we do things. Nowadays, There is none single aspect of our life that is not affected by the presence of Internet, including financial market with its electronic trading. Financial market make use of Internet in almost of their trade, from stock market, commodities,  future market. Trading activities in the financial world have undergone a revolution along with Internet. The revolution that gave birth to a new form trading called social stock trading.

Social Stock Trading Chat

Since Web 2.0 technology was introduced, so many of our social live face a new era. One of which is social trading and social stock trading as well. Web 2.0 is an Internet technology that enable people to contribute, generate and manage their own contents for sharing information, idea and knowledge across the Internet. Financial market is one sector that utilize this technology heavily, especially in its electronic trading activities using Internet as its vehicle. Investors, brokers and traders can now communicate and exchange information using Internet. This trading is called social trading because with the Internet, all traders around the world are able to link and connect each other, thus enable sharing and exchanging trading strategy and even copying trading position.

Social stock trading has several methods, some are using automated trading with a series of pre-programmed trading instructions, known as algo trading or algorithmic trading. Some employ copy trading method, in which the trader copies the position from well-known investors or top traders. Each time the top traders take a position, the trader copy his position. Another method is called mirror trading, the enhancement of algo-trading, where the traders select a strategy based on their trading preferences, and the trading platform executed that strategy.

The most important thing for traders in social trading is information. Without it, traders in social stock trading can never make right decision. It does not matter whether the trading method used is algo trading, or copy trading or mirror trading. All of them need information in order to make the best decision. All renowned social trading platforms, such as elToro, ZuluTrade, TrakInvest, and many others provide a trading mechanism for traders to copy top traders movement. They also provides algorithm which we can use to automate our trading.

The Social Chat Room Technology

Technology itself without human intervention is useless. That is why in the world of social stocks trading, traders’ experience is much more valuable than all automated and trading algorithms. Experience will put a trader ahead and predict the unexpected situation which is not available in technical analysis. Furthermore, when a trader starts to assemble a team or trading group, he needs a communication tools to share his trading system to all team members. Combination of trading experience and automated trading will generate the most powerful social stock trading strategy and execution.

Beside, when a trading group or team using algorithmic trading or copy trading or even mirror trading, they surely need a reliable communication tools to exchange information. It is because all traders need to know which trader has the best track record to follow and which algorithm needs to be adjusted.  RumbleTalk provides communication channel that suits every trader’s need to share information, they are:

  • Live conversation
    Easy conversation just like Skype. You can even have a closed group chat between your own trading group and invite other experience trader to share their knowledge.
  • Live video chat
    One exciting features of RumbleTalk that can enrich the explanation and knowledge sharing is through a video chat.
  • Live trading chart
    Shares movement of the trading chart on the go.

Now we have understood the importance of communication channel for social stock trading, provided by RumbleTalk, now let us talk about how to use RumbleTalk for our trading group and team.

How Do I Begin with RumbleTalk

RumbleTalk have designed the easiest way to create a group chat, whether you have your own website or not, you just need a browser to chat with your trading group. If you have your own website, we provide you the code which you can put in your website to create a group chat in your website instantly.

In order to enable group chat, you can easily do it just like 1-2-3 in RumbleTalk. You just create an account, setting your chat group and start your group chat. That is so simple.

1. Create an Account

First of all is you need to join RumbleTalk. You can go to http://rumbletalkcom and signing up. You can create an account in RumbleTalk, or using your Facebook account.

Signup to get your own group chat
Sign UP

2. Setting your Chat and Group

The next step is setting up your chat group. When you have signing in, you can have the option to create a chat room in your website, or chat in RumbleTalk. We have created an easy way to setting a chat room in your own website, by providing a group chat code to copy to your website. Then, you can have your chatroom easily available. The code can be accessed in the Dashboard.

Your own code
Chat Room code

You can also have the option to make your chat room secured.

Then always setting up the Login details for users. There are two setting you need to adjust to secure your chatroom. First is to secure our chat by disallowing viewers access, disabling auto invite and disabling Invite Friends button. Second one is to disallow guest login. Take a look at the settings below:

Your own group chat settings
Login Type Settings

Note, for advance login type, you can use your own users base.

3. Start you Group Chat

After you have setup your group setting, you can start a group chat with your audience, invite your team and conduct a live social group discussion.