How to use alexa for stocks trading - tradeprofinances.com

How to use alexa for stocks trading

## How to Use Alexa for Stocks Trading

With Alexa, you can now get real-time stock quotes, track your portfolio, and even place trades, all with just your voice. Here’s a step-by-step guide on how to use Alexa for stocks trading:

### 1. Enable the Alexa Stocks Skill

To use Alexa for stocks trading, you first need to enable the Alexa Stocks skill. Here’s how:

1. Open the Alexa app on your smartphone.
2. Tap the menu icon in the top-left corner.
3. Tap “Skills & Games”.
4. Search for “Stocks”.
5. Tap on the Stocks skill.
6. Tap “Enable”.

### 2. Link Your Brokerage Account

Once you’ve enabled the Stocks skill, you’ll need to link your brokerage account to Alexa. Here’s how:

1. Open the Alexa app.
2. Tap the menu icon in the top-left corner.
3. Tap “Settings”.
4. Tap “Account Settings”.
5. Tap “Linked Accounts”.
6. Tap “Add Account”.
7. Select your brokerage firm.
8. Enter your brokerage account credentials.

### 3. Get Real-Time Stock Quotes

To get a real-time stock quote, simply say:

“`
“Alexa, what’s the stock price of Apple?”
“`

Alexa will tell you the current stock price, as well as the change in price from the previous close.

### 4. Track Your Portfolio

To track your portfolio, say:

“`
“Alexa, what’s my portfolio balance?”
“`

Alexa will tell you the value of your portfolio, as well as the performance of each stock in your portfolio.

### 5. Place Trades

To place a trade, say:

“`
“Alexa, buy 100 shares of Apple.”
“`

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Alexa will ask you to confirm the trade, and then execute the trade on your behalf.

### 6. Additional Features

In addition to the basic features listed above, Alexa also offers a number of additional features for stocks trading, including:

* **News and analysis:** Alexa can give you the latest news and analysis on any stock.
* **Technical indicators:** Alexa can provide you with technical indicators, such as moving averages and Bollinger Bands.
* **Alerts:** Alexa can send you alerts when a stock meets certain criteria, such as a price target or a moving average crossover.

### 7. Tips for Using Alexa for Stocks Trading

Here are a few tips for using Alexa for stocks trading:

* **Use specific company names.** When asking for a stock quote or placing a trade, be sure to use the specific name of the company, such as “Apple” or “Microsoft”.
* **Use clear and precise commands.** When placing a trade, be sure to specify the number of shares you want to buy or sell, as well as the price.
* **Be aware of the limitations.** Alexa is still a relatively new platform for stocks trading, and there are some limitations to be aware of. For example, Alexa cannot currently trade options or complex orders.

### 8. Conclusion

Alexa is a powerful tool that can help you stay on top of your investments. With Alexa, you can get real-time stock quotes, track your portfolio, and even place trades, all with just your voice.

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