1. Name your portfolio and set its parameters:
Initial cash
These are available money not invested to stocks. This figure is important for calculations and if you’re creating real portfolio, please provide the most accurate value. You may adjust available cash any time you want (refer to portfolio management section for instructions).
Commission fee that you pay to a broker per transaction
As different brokers use various pricing and charge principles, we cannot provide you with a single exact fee-per-trade schema, but instead you can set up an average fee which will be used by PortfolioRunner engine for all the calculations in order to generate effective recommendations.
Exact commission size for the purpose of correct cash-after-trade calculation is available for input for each trade you make (refer to portfolio management section). You may adjust available cash amount when convenient. Please read adjusting cash amount topic for more explanations.
Please beware setting up fee rate, because it will affect significantly recommendations for small- and middle- size portfolios (where return on investment may collate with broker commission amount). Zero level fee will be treated as if you’re ignoring those expenditures (may be suitable for huge portfolios)
Click “Create” button. New portfolio record is now created and you will be transferred to portfolio management page where can proceed to the next step - adding stocks.
Before using the service you have to create at least one portfolio. Just click “Create” link on the central menu panel. A new portfolio creation form appears:
1. Enter symbol you want to add to the portfolio
2. Chose trade type “Buy”
3. Enter quantity of stocks
4. Enter current price of the stock into “Price” field. We strongly recommend you using previous day closing price. PortfolioRunner will treat this price as buy price to calculate gains starting from the date of portfolio creation. By default system consider previous day closing price as a buy price.
5. ENSURE THAT “AFFECT CASH” CHECKBOX IS UNCHECKED! If it is checked, PortfolioRunner treats the trade as real one and will deduct Available cash.
6. Click “Submit” button. Added stock will appear in open positions section.
2. Add already purchased stocks to the new portfolio:
At trades section of portfolio management page:
7. Repeat steps 1-6 for every stock you want to add to portfolio.
After both cash and stocks were added, portfolio creation is finished. Congratulations! No additional actions required. Please double-check the data you entered. If you need any corrections, you may do the following:
a. Remove the portfolio and create new one
or
b. “Sell” incorrect stocks keeping “Affect cash” UNCHECKED and then “buy” them to portfolio once again with correct figures.