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There are many people who jump into the stock market only to quickly find themselves out of money and in over their heads. The problem is not that they invested money instead of saving. It is that they either chose the wrong stock or failed to sell or buy when it was optimal. Anyone who invests in stocks, mutual funds, or hedge funds needs to have the ability to monitor how their investment is doing. Software that tracks investment such as Trade Trakker is the best way to do this.

Trade Trakker is the love child between Hagel Technologies and Rose City Software. The idea behind this software is for it to be easy to use and equally easy to understand. More advanced software packages require that you have a very in-depth knowledge of the stockmarket and know when to buy or sell yourself. This software is specifically designed so that new investors and seasoned veterans both have a software that is reliable and easy to use.

So what are the benefits of this software? One of the best benefits is that it allows you to customize your ticker display. You put in the stocks that you are most interested in and the ticker display will keep you updated. Another great feature is its text-to-speech capabilities. Through Windows it is able to give you a voice announcement on any preset alerts you have entered into the software. So though you may be running it in the background, you are alerted when your stock rises, falls or is at the sell point. You can also save the data and information into a Microsoft Excel spreadsheet so you can take a look at it later. This is a great feature and it is wonderful that it works so well with Microsoft products.

Alas, there always seems to be a drawback to software of any type and Trade Trakker is not the exception to this rule. If you own a Macintosh or have Windows Operating System prior to Windows 2000 you cannot use the software. The Mac users are definitely out of luck but the reality is that most financial investors tend to have up to date computers. Trakker is a software you should definitely consider using if you are new to investing and want an easy to use software. Just make sure to check your system requirements first.

Beth Kaminski is the co-author of Curing Your Anxiety And Panic Attacks which detailed stop panic attack as well as tips on the various medications for panic disorder available at anxietydisordercure.com.