It's a tool of freedom for traders.There is a stock you want to buy but you believe it's currently over the 'margin of safety' and you wish to buy when its price reduces below the margin.All you have to do is to set a particular alarm with the dseapp,when the stock hits that particular price it will let you know.You can set it in reverse as well.That way you will not have to follow up with the market all the time nor do you have to miss out on an opportunity in a sudden flactuation or sudden rise in the market....
It's a tool of freedom for traders.There is a stock you want to buy but you believe it's currently over the 'margin of safety' and you wish to buy when its price reduces below the margin.All you have to do is to set a particular alarm with the dseapp,when the stock hits that particular price it will let you know.You can set it in reverse as well.That way you will not have to follow up with the market all the time nor do you have to miss out on an opportunity in a sudden flactuation or sudden rise in the market.
More information