Stocksystem.com Releases New Trading Software for Long-Term Investors
Added: (Sat Nov 20 1999)
Pressbox (Press Release) -
Today, Stocksystem.com Inc., developer of investing software, releases their new risk management
tool that capitalizes on market volatility. "Watching the erratic behavior of your share prices
can be nerve racking enough, but doing so without a plan in place can be downright painful," says Doug Newberry, Director of Operations for Stocksystem.com. "We developed a trading system for long-term investors that trades around a core stock holding. In times like these, the system jumps into overdrive and takes full advantage of the market fluctuations."
The Position Cost Averaging stock investing system is programmed to buy on price dips, and sell into rallies, systematically trading around a core position. The compounding effect of the strategy over time is incredible. When asked about the volatility in the Internet market, Bill McKinley, president of Stocksystem.com, said, "We designed the system to be used by long-term investors, over many market cycles. It seems that with the Internet stocks, many people are using our system to grind out profit automatically in the short-term."
"The PCA System is not rocket science," Newberry said, "it's simply programmed to buy low and sell high. The prototype version of our trading system has been used in over 30 countries for the last two years, and the valuable input received from system users has been programmed into the current release of the PCA System v4, our next generation trading tool."
With the release of the PCA System v4, Stocksystem.com has launched its user group site to serve the research and screening needs of PCA System users. "We developed the user group site as a value-added resource for our users," said McKinley. "The user group provides a detailed manual for how to use the software and in-depth explanations of the benefits of the system. Along with this we've added all the best screening and research tools available on the web, as well as news sources and one-click access to all the major online brokers."
The PCAv4 is officially being launched today, and features charts, research tools and direct links to historical and detailed quotes. All registered users of the prototype will get the upgrade free. The current version sells for $49.00 for downloads and $59.95 for CDs. The PCA Systemv4 operates in Microsoft Excel 97-98 and 2000. Additional information about the PCA System can be found by visiting the Stocksystem.com web-site at: http://www.stocksystem.com.