Seeking Feedback: Simplifying Morning Market Updates for Forex Traders!
Mar 14 at 17:25
344 Views
2 Replies
Mar 14 at 17:25
Hey everyone,
I'm excited to share our startup idea with you all and would greatly appreciate your feedback!
**Problem Identified:**
In the world of retail forex trading, staying on top of market sentiments, financial events, and inter-market indexes is crucial for making informed trading decisions. However, we've observed that traders often spend valuable time scanning multiple traditional media websites and checking various indexes individually daily, sometimes missing critical information in the process.
**Our Solution:**
We're developing a streamlined news tool tailored for retail forex traders. Imagine waking up every weekday morning to a concise, one-page summary that includes:
- Top financial news highlights from overnight across various media
- Upcoming events on the economic calendar
- Market sentiment analysis
- Inter-market indexes tracking (Stocks, Futures, Bonds and/or Commodities)
- Source links for more details if interested
This summary will provide traders with a comprehensive overview of the market before they even start their day, helping them make smarter trading decisions efficiently.
**Questions for You:**
1. **One-Page Summary:** Do you think a succinct one-page summary would be helpful for your daily trading routine?
2. **Preferred Information:** What specific types of information would you find most valuable in such a summary?
3. **Current Approach:** How do you currently catch up on the market quickly in the morning?
4. **Preferred Format:** Would you prefer receiving this information via newsletter, app notifications, a dedicated website, or something else?
5. **Pricing:** If you were to consider paying for this service, what price point do you think would be reasonable?
Your insights and opinions would be incredibly valuable to us as we refine our product to better serve the needs of forex traders. Thank you in advance for your time and input!
I'm excited to share our startup idea with you all and would greatly appreciate your feedback!
**Problem Identified:**
In the world of retail forex trading, staying on top of market sentiments, financial events, and inter-market indexes is crucial for making informed trading decisions. However, we've observed that traders often spend valuable time scanning multiple traditional media websites and checking various indexes individually daily, sometimes missing critical information in the process.
**Our Solution:**
We're developing a streamlined news tool tailored for retail forex traders. Imagine waking up every weekday morning to a concise, one-page summary that includes:
- Top financial news highlights from overnight across various media
- Upcoming events on the economic calendar
- Market sentiment analysis
- Inter-market indexes tracking (Stocks, Futures, Bonds and/or Commodities)
- Source links for more details if interested
This summary will provide traders with a comprehensive overview of the market before they even start their day, helping them make smarter trading decisions efficiently.
**Questions for You:**
1. **One-Page Summary:** Do you think a succinct one-page summary would be helpful for your daily trading routine?
2. **Preferred Information:** What specific types of information would you find most valuable in such a summary?
3. **Current Approach:** How do you currently catch up on the market quickly in the morning?
4. **Preferred Format:** Would you prefer receiving this information via newsletter, app notifications, a dedicated website, or something else?
5. **Pricing:** If you were to consider paying for this service, what price point do you think would be reasonable?
Your insights and opinions would be incredibly valuable to us as we refine our product to better serve the needs of forex traders. Thank you in advance for your time and input!
Member Since Feb 02, 2024
23 posts
Mar 19 at 12:21
This sounds pretty interesting! As a trader, anything that saves my time through news in the morning is a win. Here are my thoughts:
One-Page SummaryMy everyday routine would be completely transformed by a short one-page summary. When it comes to making those quick choices in trading, efficiency is everything.
Preferred Information: For me, having top financial news highlights, upcoming economic events, and maybe some market analysis would be super valuable
Current Approach: To be honest, I'm responsible for browsing multiple websites and looking at each index separately. It takes a lot of time, and sometimes I do miss important updates.
Preferred Format: I believe it would be ideal to receive this information directly on my phone through app notifications. I can stay informed while on the go, and it's quick and useful.
Pricing: I'd be willing to pay around $10-$20 a month for a service like this. It really depends on the features and how much time it saves me.
Overall, I think you're onto something great here! Anything that simplifies the trading process and helps us make more informed decisions is a winner in my book.
One-Page SummaryMy everyday routine would be completely transformed by a short one-page summary. When it comes to making those quick choices in trading, efficiency is everything.
Preferred Information: For me, having top financial news highlights, upcoming economic events, and maybe some market analysis would be super valuable
Current Approach: To be honest, I'm responsible for browsing multiple websites and looking at each index separately. It takes a lot of time, and sometimes I do miss important updates.
Preferred Format: I believe it would be ideal to receive this information directly on my phone through app notifications. I can stay informed while on the go, and it's quick and useful.
Pricing: I'd be willing to pay around $10-$20 a month for a service like this. It really depends on the features and how much time it saves me.
Overall, I think you're onto something great here! Anything that simplifies the trading process and helps us make more informed decisions is a winner in my book.
Mar 19 at 17:57
Hi connorbennett,
First of all, thank you soooo much for your sharing and suggestions!
We learned from so many traders/investors that have to spend so much time on browsing many websites/indexes repetitively, and unfortunately we are just used to what it is mostly. We are so glad you share about what you care the most (i.e., financial news highlights, upcoming economic events, indexes trend and market analysis). We are developing the applications but did not actually think of perhaps a one-page summary on mobile devices can be a good choice as well since most people can catch it up quickly on the go, that indeed insightful!
To be honest, we don't even care about the pricing at this moment, we just want to learn from users like you about whether we are indeed addressing issues like what we HAVE to do EVERY MORNING and we can make better well-informed trading decisions. Time is valuable, and missing important news is hurting for sure.
Again, we thank you for sharing your experiences! Please let us know if you friends or colleagues encounter similar issues, thanks!
First of all, thank you soooo much for your sharing and suggestions!
We learned from so many traders/investors that have to spend so much time on browsing many websites/indexes repetitively, and unfortunately we are just used to what it is mostly. We are so glad you share about what you care the most (i.e., financial news highlights, upcoming economic events, indexes trend and market analysis). We are developing the applications but did not actually think of perhaps a one-page summary on mobile devices can be a good choice as well since most people can catch it up quickly on the go, that indeed insightful!
To be honest, we don't even care about the pricing at this moment, we just want to learn from users like you about whether we are indeed addressing issues like what we HAVE to do EVERY MORNING and we can make better well-informed trading decisions. Time is valuable, and missing important news is hurting for sure.
Again, we thank you for sharing your experiences! Please let us know if you friends or colleagues encounter similar issues, thanks!
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