That’s changed a little bit over the last few years with all kinds of web-based services and best stock picking apps offering the tools to help average people like you and me try their hands at trading.
The best app for stock news still provides a lot of professional advice and direction, but you do the trading yourself with this knowledge at hand. The Stock Advisor app is one of the best of these services, and it’s available in the form of an app for the iOS platform at a cost of $109.99.
This may seem a little expensive but remember this gives you access to professional trading advice anytime, 365 days a year. This best stock market app is compatible with the iPhone, iPad, and iPod touch.
Although there are a lot of stock trading-related apps in the App Store most of these are very basic. They allow you to view the current value of a stock and its past performance but they don’t provide real-time professional evaluations of stocks.
This is what separates The Stock Advisor Elite from the pack. This app provides professional advice to the amateur trader in plain, easy-to-understand English, giving you the reassurance needed to make sound investment decisions.
It also has a lot of extra features that will help you in your quest to become more knowledgeable about trading.
The only real issue I had with this iPad and iPhone stock market app was the articles section because it simply wouldn’t load for me. There is a refresh button in the top right corner and I tried tapping this to reload the articles in case it had become frozen with no success.
This may or may not be a temporary issue, but it should be addressed by the developers; having said, that the real value in this app is the trading advice which is, without a doubt, excellent.
One feature I really liked in this one was the video tutorial section, which is actually quite extensive. This app will require 7.3 MB of available space on your iOS device.
How it Works
For a powerful app with a huge upside The Stock Advisor Elite is a very simple app to use. When you launch the app, by default you’ll have access to the daily picks from the app's professional advisors.
To access weekly or yearly picks you just tap on the corresponding menu choice at the bottom of the page: it’s about as easy to navigate as possible. What makes this app so valuable is the fantastic summary that comes with each recommended stock.
Everyone includes a brief summary of the stocks historic performance, the pros and cons associated with it, the profit targets, and when you should sell the stock to protect from loss.
This is the kind of advice that you would traditionally expect to pay a significant amount for: all you have to pay for with this app is the one-time fee for downloading the app.
If you tap on the more icon on the bottom menu you’ll also be able to access a strategy section which explains the features and benefits of short-term, mid-term, and long-term growth strategies.
This section also includes a link to the video tutorials mentioned above, a newsletter, and the articles section, which wouldn’t work for me. There are a lot of great tools here to help you make sound investment decisions.
Explains the difference between short-term, mid-term, and long-term investment strategies
One-time fee gives you ongoing access to professional trading advice
Articles section doesn’t work
If you’ve always wanted to try your hand at the stock market but you’re not sure where to start, The Stock Advisor Elite is definitely the answer you’re looking for.
This is a great app with easy-to-understand advice for anyone who wants to start investing in the stock market. When you consider the ongoing professional advice this app gives you access to, $109.99 is a small price to pay.
Cherry is a hard-working writer and an aspiring web designer who can't go a day without using her favorite apps. She's always on the lookout for new apps and enjoys discovering ones that others have overlooked.