‘Technical Analysis is the guaranteed route toward successful investment decisions.’
‘Fundamental Analysis decides the potential and price range of a company.’
Have you been on the receiving end of all these opinions? If so, you are not the only one struggling from the waves of confusion revolving around the share market investments. New or naive traders and investors always ponder on the right strategies or any bulletproof approach toward the stock market for making profits. However, the irony is that despite the long history of financial markets, there has never been any proven or solid approach toward the market. The volatility of the market and the company’s performance is not in the hands of the investor.
However, what factors are in the hands of an investor? Choosing the right stocks? Choosing the right application for trading? Ultimately, the platform chosen by an individual plays a huge role in the effectiveness of trade and portfolio monitoring. From speedy results to a user-friendly interface, these elements contribute to effective trading. However, having a lagging interface that looks complex and intricate to surf through can aggravate the irritation of a user and build up the stress that compiles while taking any trade or studying the nifty live charts.
UI & Trading
While the user interface may seem like an insignificant highlight that affects trade, the speedy or lagging experience can influence the execution, analysis of nifty fifty, while also keeping a tab on your investments. Yet, on the other hand, a streamlined UI can supplement your experience and invite an easy approach toward skimming through different stocks, having an advanced view of your portfolio, etc. Below are a few pointers that entail the importance of a well-designed UI.
- Real-Time Data & Prompt Execution
Every second is precious while trading, especially intraday trading, wherein traders analyze every minute’s candle. In such instances, your platform must provide you with real-time data and run in alignment with the markets. A lagging UI would display the price of a stock minutes later than its actual price. This scenario disrupts the trading game of a trader, and ultimately, they are faced with losses rather than gains.
- Indicators, Ideas, & Tools
Stock market applications are no longer about having a demat account and placing your order. All the leading applications provide in-built tools and indicators that back your investment idea or projection. These platforms also share ideas and suggestions that guide you toward potential investments in different segments. However, having an intricate UI would defeat the purpose behind these features, ultimately rendering them useless.
- Swift Switching
For traders and investors, time is of the essence. While monitoring the market, they analyze several stocks together on different screens. In such events, having a slow-moving interface can hamper their ability to make a wise investment decision. From placing an order to its execution, an ideal UI would enhance the trading experience and embrace convenience for the user. Furthermore, there are several switching of tabs, which requisites a speedy interface.
Your trading application is meant to be an ally in your quest to gain financial market gains. With a fast-moving UI, an investor or trader’s focus is channeled toward the buying and selling of shares rather than having concerns over having their platform lag.