This is the package I personally use after many hours of searching the web for a system based portfolio management package. It is the only stock trading software package that I wrote a testimonial for and I use it every day in my trading. If you are looking for stock portfolio management software that will let you track the performance of different trading systems I would give this a serious look. Here’s why…
First of all there really aren’t that many good portfolio management systems available today and the ones that are out there primarily focus on trading account management. These usually have fairly decent performance reports but they are mainly geared towards an account view of your trading results.
Stator not only allows you to have your accounts defined but also let’s you track performance by system (you set these up as required). This is accomplished by assigning a system when you enter a trade.
This let’s you track how one system is doing versus another through some really nice reports that have just about every performance metric you can think of. You can even combine systems to see how an overall trading concept is working.
Example: You might have daytrading system A and B and swing trading system C and D defined. You can report on all systems combined, each system individually or you can set up two groups that shows you all daytrading or swing trading systems combined.
This is an extremely powerful feature and showed me that even though one system I was trading was somewhat profitable my other systems were doing much better which led me to stop trading that particular system in favor of the others.
If you are a system trader you really need to take a look at Stator and at least try the demo.
