Hi All I am currently trading from two brokerage accounts (Interactive Brokers and ETrade). I am struggling to keep on updating my Excel based portfolio management system for monitoring P&L and overall performance. I have looked at TradeLog software package but can anyone tell me what systems they recommend / use for recording / managing their trading accounts and reviewing performance etc. Thanks Andy
Andiroo, I know that PT MultiStation supports everything that you've described. It works with IB but i dont know if it works with ETrade... you can try to request ETrade integration at their forum. here is list of suupported brokers and feeds http://profstation.com/trading_terminal/functionality
I think that TradeMax meets all your needs. The key features of TradeMax: ÆÃ Track your trade ÆÃ Record various corporate events such as stock split, merge, spinoff, reinvested capital ÆÃ Auto-detect assigned, exercised and expired option, defer cost to corresponding shares ÆÃ Auto-identify 21-character new OIS option symbol ÆÃ Auto-convert the foreign transaction (Non-USD) into USD figures ÆÃ Download price history of securities for your comparing. ÆÃ Monitor your capital gain easily ÆÃ Setup and Combine different accounts to monitor your capital gains ÆÃ Filter items you don't want in Black list ÆÃ Run various reports (Up to 13) to monitor your capital gains and losses. ÆÃ Calculate various complicated Wash Sale scenarios accurately. ÆÃ Prepare schedule D ÆÃ Support importing trade data from most common-used brokers directly or the downloaded data in various formats. ÆÃ Use strict FIFO trade matching as a default method ÆÃ Force-Match specific trade transactions ÆÃ Assign short trade, convert short / long position ÆÃ Support unlimited transaction records.
Hi Thanks for rrecent posts. Trademax does indeed look good and i will investigate further. Captools website is awful and the software clunky. Does not look like it is web based which these days is a total must. Thanks for the info on both however, Andy