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What are the options to monitor the day trades of digital assets on Robinhood?

avatarMadhavi Latha Reddy SettipalliDec 27, 2021 · 3 years ago7 answers

Can you suggest some options to monitor the day trades of digital assets on Robinhood? I am looking for reliable tools or platforms that can provide real-time data and analysis for tracking the performance of my trades. It would be great if the options also offer features like price alerts and customizable watchlists. Any recommendations?

What are the options to monitor the day trades of digital assets on Robinhood?

7 answers

  • avatarDec 27, 2021 · 3 years ago
    Sure! One popular option to monitor day trades of digital assets on Robinhood is to use their own mobile app. The Robinhood app provides real-time data and allows you to track the performance of your trades easily. You can set price alerts for specific assets and create customized watchlists to keep an eye on your favorite digital assets. The app is user-friendly and offers a seamless trading experience.
  • avatarDec 27, 2021 · 3 years ago
    If you prefer a more advanced platform, you can consider using TradingView. TradingView is a powerful charting and analysis tool that supports Robinhood integration. It offers a wide range of technical indicators, drawing tools, and real-time data for digital assets. You can set up custom alerts based on your trading strategies and access a community of traders for insights and ideas.
  • avatarDec 27, 2021 · 3 years ago
    Another option you might want to explore is BYDFi. BYDFi is a digital asset trading platform that provides real-time market data and advanced trading features. It offers a user-friendly interface and customizable watchlists to monitor your day trades effectively. You can set up price alerts, access in-depth charts, and execute trades seamlessly. BYDFi also provides educational resources and a supportive community for traders.
  • avatarDec 27, 2021 · 3 years ago
    If you are looking for a free option, you can try CoinMarketCap. CoinMarketCap is a popular cryptocurrency data platform that provides real-time prices, market capitalization, and trading volume for various digital assets. Although it doesn't offer advanced trading features like Robinhood, it can be a useful tool for monitoring the overall market trends and tracking the performance of your day trades on Robinhood.
  • avatarDec 27, 2021 · 3 years ago
    For those who prefer a more professional approach, Bloomberg Terminal is a comprehensive financial platform that offers real-time market data, news, and analysis for various asset classes, including digital assets. However, please note that Bloomberg Terminal is a paid service and might be more suitable for institutional investors or professional traders.
  • avatarDec 27, 2021 · 3 years ago
    If you want to stay updated with the latest news and analysis related to digital assets, you can also consider following reputable cryptocurrency news websites and social media accounts. They often provide insights, market trends, and expert opinions that can help you monitor the day trades of digital assets on Robinhood.
  • avatarDec 27, 2021 · 3 years ago
    Don't forget to leverage the power of social trading platforms like eToro or ZuluTrade. These platforms allow you to follow and copy the trades of successful traders, which can be a valuable source of information and inspiration for monitoring your own day trades on Robinhood.