Registered: Aug 2005
08-30-05 09:18 AM
Quote from Greenfuji:
Does anyone know of a good accounting package for traders? Something that can handle multiple currencies, enters trades in a sensible fashion and does all the other usual acounting stuff.
The problem I have found with some is that they are not suited to traders. They require vendors, and inputing a trade which is not a buy and sell (sell and buy), say like expiry of options, just doesnt compute.
I have only tried extremely simple programs (totally useless) and MYOB (over complicated and not suited for traders).
I recently purchased Quicken 2006... more suited for Investors, not traders, but it downloads the data from Ameritrade which is the broker I use, but my personal bank doesn't have online banking, so I'm screwed there.
I have yet to find a solution for traders.
But I am yet to be completely profitable, but I'd love to track my losses and breakevens, until I will be consistantly profitable. Until then, I will stick with Quicken as MSN Money hasn't done it for me personally. Maybe on Linux there is a solution, but i'm not sure.
If anyone knows, please let us know