Crypto runs through every night and every weekend. One person cannot cover that, and trying to is how tired decisions get made. The alternative is to decide in advance which events matter and let an alert watch for them.
What watching costs
A trader looking at a chart at 3am is short of sleep and has a screen full of movement inviting a response. Most of that movement is noise. The more hours spent watching, the more noise gets traded. The cost shows up twice: in the trades taken and in the judgment available the next day.
An alert is a decision made earlier
Setting an alert means deciding, while rested, what would change your view. The price that says the idea has failed. The level where you would act. The condition that makes a coin worth looking at. Once that is written into an alert, there is nothing left to watch for. Everything else is, by your own earlier judgment, not worth your attention.
Few and specific
An alert that fires often gets ignored, and then the one that matters is ignored with it. A useful set is small. Each alert should name a specific event and each should be rare. A standing alert should watch a condition, not a price argues for alerts on something structural, and why alerts need a cooldown covers how to stop one event firing ten times.
Decide the response in advance
An alert without a planned response only moves the 3am decision to a different moment. For each alert, write down what you will do when it fires. Some need nothing until morning. A few are worth getting up for. Knowing which is which before the phone goes off is the difference between an alert and an interruption.
An alert is not an exit, and it lets you stop looking
An alert tells you something happened. It does not act. If a position needs to be closed at a level whether or not you are awake, that is a job for a resting order at the venue. The alert is for the things that need a person’s judgment. Confusing the two leaves a position protected only by how quickly you wake up.
The purpose of all this is to make it safe to close the chart. If alerts are set and the trader still checks every hour, the alerts are not trusted, and the set needs fixing until it is. A closing routine for a market with no bell puts alert-setting inside the end of the day.
Where NoVo sends one
The NoVo Crypto Market Map sends a push the first time a coin’s contract ever appears on the Robinhood Chain trending list. Trader sends a push when an index perp moves half a percent from its cash close while the stock market is shut. Both fire on a first crossing and not on every tick. They report an event. What it means for a position is the reader’s call.