Timetotrade:A new era for UK Investment Clubs

Investment Clubs join the 21st century with the launch of the UK’s first web-based club management system, designed by Investment Clubs, for Investment Clubs.

timetotrade has launched a new suite of free professional investment tools that enable investment clubs to manage their club accounts, receive alerts when investment conditions are met and collaborate on investment decisions. The tools can be accessed by individual club members and private investors from any web browser at http://www.timetotrade.co.uk

The initial timetotrade investment club features include:

• A private club forum for posting news, research notes and collaborating on investment decisions
• An account management system that allows every club member to track their unit holdings and investment performance
• A simple to use accounting feature which allows easy management of all club transactions, member subscriptions, and generates UK Inland Revenue Form 185(new)
• All club members have access to price, volume and technical analysis charts for UK and US stocks
• Point and click price and technical analysis alert creation, which will notify club members via mobile phone, email or instant messenger when investment conditions are met
• Completely innovative is the ability to manage investment accounting in multiple currencies, with multiple brokers and margin accounts

After working with Investment Clubs in the UK and Ireland for the early beta trials, timetotrade is now on general release to all investment clubs.

Dary McGovern, managing director of Sensatus, the developers behind timetotrade said: “When we set up our investment club last year we searched for software that would enable us to manage our accounts. We wanted a solution that all club members could access, which would support UK and foreign investments, a variety of investment strategies such as long, short and option positions and manage our tax returns. There was no such software available, so we decided to develop it ourselves. It has been really exciting working with other investment clubs to develop a solution that is unique to the UK market.”

To quote Liam Curtis of Slaney Slickers investment club, who has been involved in the development of the timetotrade application, “timetotrade has completely changed the way we work as a club. Keeping club members involved and informed in the day-to-day running of our investment club is a no longer a challenge. timetotrade lets club members post research, check their unit valuations and portfolio performance online without having to bother the treasurer for updated spreadsheets or reports.”

To create a free investment club account visit http://www.timetotrade.co.uk

FURTHER INFORMATION

ABOUT SENSATUS

Founded in August 2005, Sensatus UK Ltd is one of a new wave of software companies to set up offices in Brighton, UK. Sensatus specialises in the development of innovative web-based professional trading tools for private investors and investment clubs. Sensatus launched its ‘TimeToTrade’ charting and technical analysis alerting tool in October 2006 and launches the new ‘TimeToTrade’ investment club web-application in March 2007.

DARY McGOVERN PROFILE

Dary McGovern, Managing Director and Founder of ‘Sensatus’, is a seasoned trader of thirteen years and a dynamic presenter on stock market investment and trading strategies. Dary began investing in his student days, during the early 90’s. Since then he has learned a lot of lessons, some the hard way. Over the years Dary has developed a disciplined approach to investing that generates consistent returns, based on a combination of fundamental & technical analysis and complemented by a variety of trading strategies. Despite fine tuning his trading strategies, Dary was frustrated that he could still miss trading opportunities when away from his computer. While away snowboarding, Dary missed another excellent trading opportunity and at that point he decided it would be the last time. With his background in software development, telecoms and the IT sector he decided to create TimeToTrade: a web-application that could alert investors when it is time to trade.

ABOUT INVESTMENT CLUBS

An investment club is typically formed by a group of individuals who want to learn how to invest in the stock market by pooling together a small amount of money each month. Investment clubs provide a supportive environment were investors can learn how to invest by sharing knowledge and experience, with the benefit of being in a social club with like minded people.

There are over 12,000 investment clubs in the UK.

Useful Investment Club links:

• Investment Club Management Software
• The Investment Club Directory
• Register Your Investment Club