Stock Life Reviews

3/5 rating based on 1 reviews. Read all reviews for Stock Life for iPhone.
Stock Life is paid iOS app published by Magitech Corporation

Cool concept, very hard to use

goodshow,meb

The app has a lot going for it, but it's hard to use to the point where it doesn't offer a realistic simulation. The 1x speed is way too fast to be making a daily stock buying decision because you have all the volatility of a longer timeframe, but only a split-second to make decisions in. It leads to impulsive decisions and an emotional rollercoaster rather than a thoughtful, educational experience. Investing based on charts is hard enough as it is without going through a week every 3 seconds and missing potential entry/exit points and signals. The problem is really with constantly moving forward and having a day or two lag between wanting to pause and being able to stop moving forward (even on 1/4 speed). I'd like it better if it let you decide when to click through, such as with a "next day button." You could hammer away at that button as fast or slow as you want, and it would let you pick the pace. The way it's set up now is just too cumbersome to manually adjust the speed when you're going between letting a thesis play out, to getting cautious, to stopping and analyzing and making a decision. Also, there doesn't seem to be an easy way to move onto another chart. In the real market you can pass on many, many charts before finding one you like and working wth it. This seems like it makes you stick with the same chart for the whole game, which isn't a healthy thing to do when you have the whole universe of stocks available.