Accounting For IB Trades

Discussion in 'Professional Trading' started by jebara, Mar 20, 2004.

  1. jebara

    jebara Guest

    Hey this is for traders who are using IB and trading on foreign exchanges. How are you accounting for your gains and losses? If you make money in a foreign stock how do you keep track of it in other currencies?
  2. Aaron


    For futures traders I recommend the Margin Account Calculator ( Have a separate spreadsheet for each currency and link the account balances into a separate master account spreadsheet that includes the exchange rates. You'll always know what your account balance is and be able to quickly reconcile your account statements.