Aaron Halvorsen's profile on Product Hunt | Product Hunt

Aaron Halvorsen

iOS Developer

#958819@aaronhalvorsenangel.co/aaron-halvorsen

Activity 1 Made 38 Following 30 Followers

Upvotes (37)

Joined on July 25th, 2017

Followed Topics

Developer Tools, Tech, Games

22 points

Comments

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@nivo0o0 a classic use case would be a value investor wanting to wait for a bargain at a certain percentage discount to a stock's current valuation. A limit order to buy (or sell) might provide a similar opportunity to trade automatically at a certain price value but in our case a trade would not be initiated, instead you might look at the market as a whole before you bought or sold the stock you are watching. Firetail might be one tool in your belt to help you buy at the right time instead of following the whims of an up and down market. Scenario 1: you read your favorite value investor magazine and find 10 stocks that you think are at a great valuation and are willing to buy them today because you believe they are undervalued. Because you're careful you set an alert for each of them at 10% off with the reasoning that if they're at a great value today they would be at a better valuation if they were 10% off. Scenario 2: you want in on the latest growth stock that everyone is going crazy over but it just went up 20% today, so instead of buying right now you look at this month's chart and choose to mark a near term low and buy when it dips. Scenario 3: You're a responsible long term investor and you've owned a stock that is starting to get overvalued so you set an alert for a recent high to remind you to make your move and sell at the right time.

3yr ago