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ScanVest is for people who -
1. Want to increase the amount of money they make from trading stocks and securities.
2. Have an understanding of technical analysis (MA, MACD, RSI, etc) and basic fundamental analysis.
3. Use a trading system to guide them on what and when to buy & sell (most people do ~ they just don't realise it).
4. Are looking for the tools to build a trading system, that returns more than 50% p.a. over a range of stocks.
5. Are looking for the optimal (most profitable) parameters (10day, 50day, 100day, etc.) in a moving average crossover system.
6. Want to know if a MACD system is more profitable than a RSI system.
7. Want to know what technical indicators work and what don't.
8. Are doing any system testing and development.

Most traders follow a system, some loosely some rigorously. If you regularly do the same things, follow the same procedures, to make decisions on what to buy and sell then you follow a system. A system is a set of procedures (instructions, rules & methods) that form the basis of your decision making process. A system can be a simple set of procedures written in an old notebook or a complex set of procedures programmed into a computer.

Computerised systems have the following benefits -
1. Make the task of deciding what to buy and sell quicker and easier.
2. Easier to test and modify.
3. Removes emotion from trading.
4. Account for loosing trades.

ScanVest is a trading system development platform, which can also be used as a scanner. You do not need to be a programmer to use ScanVest as it has a 'click and build' interface to create systems and scans. Once you have created a highly profitable system, simply switch the scan to Normal mode (from Back-test mode) and run the scan on a daily basis to let your system guide you on what to buy and sell.

When ScanVest does a back-test it simulates buying and selling exactly as you would have done if you had been following the system in the past. It will track and display every position (buy and sell) that you would have bought and sold in the past, it also provides a summary of the performance (net profit, profit factor, etc) of each security scanned in the system. Finally it provides an average of the summary page in a synopsis page, which shows you the average performance (net profit, profit/year, profit factor, etc.) of the entire system. The report pages give a good insight to historical performance if you were running the systems in the past.

Back testing allows you to gauge, very quickly, how effective your system is. For example: you might think an average return of 25% per annum is good until after a bit of modifying and back-testing you increase the return to an average of 50% per annum. Suddenly you realise that, even though you have been getting good returns in the past, you could have done better.

The good thing about trading securities is that even though you have missed a lot of great opportunities in the past there will be many more in the future. Question is ~ do you want to continue to miss opportunities or to profit from them.

The only bad thing about using ScanVest is that you will end up paying more tax due to increased profits ~ think of it as being charitable to your fellow trader who has not had the wisdom or foresight to trade with ScanVest.

Four steps to successful system development using ScanVest:
	Create your systems – Click and build using simple combinations of technical indicators (MA's, MACD, RSI's, etc) to develop simple trading systems. Click and build using multiple combinations of technical indicators and basic fundamentals (Dividend Yield, Earnings Yield, etc) to build advanced systems.
	Improve your systems – Back test your systems to see their historical performance. Improve historical performance by modifying parameters and back testing over and over again (optimising). Learn what works and what doesn't. Modify the system not each trade.
	Evaluate your systems – Reports include figures for net profit, profit/year, max drawdown & profit factor. Figures are dependant on initial outlay, entry/exit fees & entry/exit method (e.g. "buy tomorrow at open"). No need to re-run the scan after adjusting initial outlay or entry/exit fees, simply refresh the report.
	Follow your systems - Once the historical performance shows robust profit, then you can have reasonable confidence that your system is robust. Using your system from now on should return similar results in the future however it is important to note that future results cannot be guaranteed based on historical performance.