Do you invest in the Stock Exchange Markets? If yes then iam sure you would be researching different Stocks on a daily basis in order to keep yourself updated on the best stocks available in the market. This article is a continuation to our previous article which focused on making money by buying & selling shares and in this article iam going to show a free Portfolio Manager which can help you in better understanding of the shares you currently own and how this can be helpful to you if you are seriously investing into stock markets.
You will find a list of the days Sensex, Nifty, CNX Midcap & BSE Smallcap. Next on the left of the Portfolio panel you will find a list of options, in which you need to click on the ‘Stocks’ option. This is the section where you will find the Add Stocks option. You need to click on the ‘Add’ button and find the following section. Let me show this to you by adding ICICI Bank India stock in my account. Make sure that you enter the correct quantity, Average Purchase Price, Exchange NSE/BSE, Date Purchased etc because this info can be really helpful when you check the stats. Once you have entered all the information, click on save and the purchased stocks would be added to your portfolio.
The stats of your shares are updated every 15minutes automatically once you login to your portfolio and the best part of this system is that you can even test out your own skills. This means that if you are not really buying any shares, still you can try out a experiment by Adding Stocks to your account which you would you would have really purchased and daily buy and sell your stocks based on a fixed investment amount. At the end of a specified period you can know how good you have dealt in stock markets and whats the amount of money you would have made or lost if you would have really invested in the stock markets. Not only the stats but you also get awesome reports, tables and news on every share you purchase.
The Stock Map Portfolio is going to show you different rectangles which totally count into 100% and would break up your stocks investment amount and give you a quick idea on which stocks you have investment more.
The transaction history report on the main portfolio is one of the best feature in this site because you normally dont get these real time linked data even on your brokerage firm websites. It shows you everything from the Invoice Price, Current Rate, Days Gain, Overall Gain and the latest value. If you have sold some stocks you need to click on the sell option and enter the sold quantity and the rate after which your portfolio would be refreshed and you will get a updated current investment value.
Just signup and try out as mentioned earlier, even if you are not really buying or selling shares. You can check the trackers and find todays rate add 1% approx transaction charges on both buying and selling and see how your capabilities would work out. If its going to show you a positive trend then that would mean that you have gained good experience in stocks trading and you should proceed with this.
Thats a good article dude.