subject: A Better Way To Track Gains And Losses With Trading Accounting Software [print this page] As an online day trader keeping track of loses and gains can be very time-consuming and complicated. I have been trading online since 2000 and at one point I almost turned in the towel because I wasn't able to figure out how much money I had lost on a particular stock since the beginning of the year. I tried to use spreadsheets and other recommended products but they were either complicated or I was not able to go back far enough to figure out my losses or gains. It wasn't until I heard about, Tradelog trading accounting software that I was excited about trading online, again.
With Tradelog Software, I am able to keep track of my losses or gains with a simple click of the mouse. It's very easy to use and time-saving because I can upload all of my information directly onto just about any e-file tax software with ease thanks to their step-by-step instructions. Also with this trading accounting software I can go back and find all of last year's data for short sales or options. So say good-bye to complex spreadsheets and other software programs, now that there is a long-term solution for keeping track of progress.
There are other trading accounting software programs on the market but none of them can compare or even match the features / benefits offered by this program. Since this software program was designed for active traders you can keep track of hundreds of records at one time. It's the only one on the market that is IRS compliant. You can manage your entire portfolio; create reports- detailed, summary, performance, chart, gains and losses. Plus, you can file your taxes with ease with the help of the step-by-step instructions and the reports feature that will calculate, gains and losses reports using different formats. Lastly, this software will automatically create a tax file for the following year.
With such an easy and time-saving trading accounting software, why bother with the rest or spreadsheets? See for yourself how this all in one software program will get you motivated to get back into day trading or continue with a new enthusiasm. Now that I discovered this great service, I can find losses and gains with ease and I can even set up automated alerts for wash sales or tax reports. Here is the best thing about this software program there is no extra charge to upgrade to the latest version, when there is one available.