What’s new in Trigger: Trading, Real-time Currencies, and More
We launched just over a month ago, and we’ve been amazed by the response so far: over $60M in assets have been linked to Trigger, and users are trigger-ing on over 5,000 different data points. It’s been exciting to see the philosophy behind Trigger in action — that investing should be rules-based & driven by hard data, and not the emotions inherent to markets.
But we’re just getting started. Based on feedback from users (thank you!) we’ve been hard at work on new features.
Trading in Trigger
Today’s release takes the Trigger “IF this, THEN that” investing approach one step further.
When your market condition has been met and your trigger ‘fires’, you can now choose to send trade orders to your broker directly from Trigger. This helps you capitalize on both Trigger’s real-time data feeds and the convenience of a simple user interface. You’ll also be able to see the results of sticking to your strategy through simulated performance metrics.
Placing an order is an easy 2-step process, and afterwards you can keep tabs on the order status.
Trading is supported on all nine brokerages that Trigger integrates with, including Fidelity and Scottrade, through a deep integration with TradeIt.
Our newest addition to your watchlist: currencies. Post-Brexit, many of you have expressed interest in monitoring and triggering on FX; we’ve listened, and today are adding 25+ G10, Emerging Markets and even Bitcoin (#cryptolove) real-time currencies.
You can now add them to your watchlist and subscribe to alerts on their real-time movements. We are working to integrate live forex trading this fall.
And more to come
We’ve also received many requests for even more types of triggers, ranging from technical indicators like MACD’s to Warren Buffet’s Twitter feed. Tell us which triggers you want next and we will do our best to add them!
Give the latest version of Trigger a try and let us know what you think.
Posted by Adrian, Co-founder & Software Developer