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To: manalagi who wrote (61997)3/24/2006 2:31:13 PM
From: Dave  Read Replies (1) | Respond to of 206096
 
<<<What software do you use to track your trading?
Excel?
Money (Microsoft)?
Quicken (Intuit)?
Manual?>>>

Manalagi
I use a combination of excel backed up by manual. Being older than dirt and not having much faith (or expertise) in the safety of computer data, I find this relatively easy. Excel has not failed me yet, but two hard drive failures over the years have trained me to backup often.

I have used Quicken for dividend reinvest (DRIP) but have not had good success with it. Over the years I have changed the registration from "joint WROS" to "tenants in common" to a living trust. Each change in registration was a failure in keeping good data. Also takeovers gave me trouble. I suspect it is my inept use of the program, but with no manuals now provided I have problems.

I have 6 DRIPS and make from 100-150 trades per year. The manual system really is keeping the buy orders and stapling the sell order to it.

Dave



To: manalagi who wrote (61997)3/24/2006 2:43:02 PM
From: ChanceIs  Read Replies (2) | Respond to of 206096
 
>>>What software do you use to track your trading?<<<

This has been discussed here quite a bit.

I use Excel, and Schwab for my brokerage. I have o cut and paste from Schwab into Excel. This is not so easy. I then have do play with the data to morph it from character to numeric. Schwab swears that around September, you will be able to push a button on their site, and blast your trades directly to excel with no BS. I love the control of a spreadsheet.

I used Quicken and TurboTax one year. It was ugly. It gagged on options, and any journaling/correcting entries just blew its mind. I understand it still gags on options - word of mouth from another poster here.

Some folks here swear by gainskeeper. They say it is expensive but works great. I am investigating for next year.

gainskeeper.com