How to Set Price Alerts on Robinhood
Having multiple investments in Robinhood might become an overwhelming activity.
Manually checking each price change or market movement is tiresome - we know it, and you know it.
That’s why it’s imperative to learn how to enable alerts on Robinhood’s trading platform.
Getting an alert triggered will indicate to you whenever a big movement takes place inside the platform.
This way, a user won’t need to check their phone multiple times per day!
In this blog post, we are going to give you all the answers you are looking for about the following topics:
- How to set alerts on Robinhood;
- Best ways to create alerts based on your specific needs;
- How to track and monitor price alerts on Robinhood.
What Are Crypto and Stock Alerts on Robinhood?
Price movements or alerts are notifications in the form of messages that tell customers whenever there’s an important change in the market.
Those who sign in to Robinhood are probably looking to save money thanks to the commission-free services offered by the platform.
Downloading the app on your phone or using the desktop platform is as easy as it gets.
Of course, users need to verify their profile and keep their information up-to-date even after the Robinhood Application is over.
But, once you start investing your money in the platform, you will realize how important it is to get alerted whenever something changes.
Pro Tip: Trading crypto and stocks requires you to have enough buying power in your account.
If this error appears on your account, don’t sleep on it - learn how to Remove Robinhood Not Enough Buying Power message.
1. Stock Alarm for Price Movements
This is the fundamental alert notification that most people enable in their account.
Whenever a stock or crypto changes its price (increase or decrease), the platform will point it out.
Of course, you need to set a certain price threshold in your settings, so the notifications trigger once the requirements are met.
2. Investments In and Out of the Money Updates
If an active option goes in or out the money, the platform will give you data regarding this change.
You can cancel this type of notification whenever you want in your saved settings.
3. Expiration Reminders
Whenever options are about to expire, notifications will appear on your account.
Note that it’s fundamental to set your target period of time.
For example, you can set up these alerts whenever a stock or option expires in one week, one month, or one day.
It’s also possible to combine these settings for better results.
4. Price Threshold Change
When checking Crypto Prices, the platform triggers a notification depending on the set threshold you configure.
This is especially useful for setting up a limit order.
For example, if you set it to 10% and a crypto increases from $50 to $55, the app will prompt you with a message.
Tap on the previously mentioned link to get more information about this matter.
How to Set Price Alerts on Robinhood
Now that you know what price alerts and other notifications are for, it’s time to learn how to enable or disable them. Learn the answer to this question by checking out the following steps.
Read Also: Why is Robinhoon asking for your bank details? There are a couple of reasons behind this, but they are all related to Robinhood Bank Login Safety.
Visit our related blog post to get more information about this matter.
1. Enabling Alert Notification for Stocks and Options
In case you want to get options and stocks alerts on the app, then follow these three quick steps.
Step 1: Go to Your Account Tab on the Robinhood App
Log in to your Robinhood account and go to the settings tab. There, a menu will appear.
Step 2: Select Notifications and Messages
Now, select the Notifications option and tap on it. A new menu will open.
Step 3: Customize Push Notifications
In this screen, you can create and set up each alert you need.
For example, if you are waiting for a stock price to drop so you can pay for it, then tap on the set option and that will do the trick.
2. Enabling Alert Notification for Cryptocurrencies on Your Portfolio
If you are a Robinhood Crypto user, then it’s also imperative for you to get alerts from time to time.
In case you want to follow cryptos that you have purchased, then follow these steps.
Step 1: Go to Push Notifications
Once again, go to settings and find the Push Notifications option.
Step 2: Select Your Crypto Holdings
Here, tap on “Crypto Holdings.” This screen allows you to track and monitor the currencies that you have acquired on your portfolio.
Step 3: Set Your Price Threshold and Frequency
Before receiving alerts for cryptos, you must set up the price threshold first.
Likewise, in order to successfully toggle this option, Robinhood will ask you for a notification frequency (one day, one week, one month, or custom).
3. Enabling Alert Notification for Cryptocurrencies on Your Watchlists
You can also create lists of cryptos that you still don’t have but want to acquire in the future.
Pro Tip: If your Robinhood account has been limited for whatever reason, it’s fundamental to learn how to Reactivate Robinhood Account promptly.
This way, you can go back to using all the platform’s features in no time.
Step 1: Go to Push Notifications
Go to Push Notifications, but this time don’t tap on Holdings. Instead, select the “Watch” option.
Step 2: Select the Cryptos You Want to Watch
It is widely known that there aren’t many crypto options on Robinhood, so the list won’t be that long.
Either way, select the cryptocurrencies you want to keep watching over a certain period of time.
Step 3: Determine the Frequency and Price Threshold
Once again, determine the frequency of the notifications and the price threshold of the coins.
That way, you’ll enable notifications that match your specific requirements.
Remember that you can cancel these alerts just by toggling off the setting.
There you go - that’s the answer you were looking for! For more Robinhood content, you can always rely on GrowFollowing.
Robinhood Alerts FAQ
Can I Get SMS Notifications from Robinhood?
Yes, you can. Just turn on the option by managing your profile’s settings. Learn how to do it by checking the Robinhood Official Website.
Why Was I Flagged as a Pattern Day Trader?
The PDT flag appears when you exceed the number of set trades per day. You need to liquidate your positions or add more funds in order to get rid of this message.
Learn more about this by reading our Remove Pattern Day Trader article.
Steve specializes in cryptocurrency and finance. As a born researcher, he won’t leave any stone unturned when it comes to topics he covers.