Just found following script to run jstatd. I managed to run jstatd with this script
https://gist.github.com/nicerobot/1375032
#!/bin/sh
policy=${HOME}/.jstatd.all.policy
[ -r ${policy} ] || cat >${policy} <<'POLICY'
grant codebase "file:${java.home}/../lib/tools.jar" {
permission java.security.AllPermission;
};
POLICY
jstatd -J-Djava.security.policy=${policy} &