SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?

To: ArtAlley who wrote (3720)1/10/1999 12:51:00 PM
From: William G. Murray  Respond to of 56535
 
Good Morning,

I keep track of trades in Microsoft Excel. In the spreadsheet, I have columns for date, action (buy or sale, long or short), stock name, symbol, stock price, and commission.

Weekly I match the trades up with the paperwork from my broker, and annually I can sort by symbol and date.

With a little manipulating, its ready to cut and paste into turbo-tax.

Hope this helps.



To: ArtAlley who wrote (3720)1/10/1999 1:17:00 PM
From: Coz  Respond to of 56535
 
ArtAlley - records

Quicken! That's the easiest way I've found to keep track of things. It's brainless/painless with everything already set up. All you do is enter the information from your confirmation slips when they arrive in the mail, and at tax time you can print up your schedule D with a mouse click or two. I am also told that you can download the pertinent data from some online brokerages directly into the newer versions of quick. I personally prefer Quicken 6.0 which you can buy at ebay.com for 5 or 10 dollars. I hope this helps. --Coz



To: ArtAlley who wrote (3720)1/10/1999 2:01:00 PM
From: Trader J  Read Replies (1) | Respond to of 56535
 
ArtAlley - I think Cosmo has the right idea. I have always kept track of everything manually via an Excel spreadsheet where I put the date, # of shares, purchase price, sell price and gain/(loss). The problem is the schedule D. I will probably try Kiplingers Tax Cut this year as I hear good things about it.

Anyone use Kiplingers that is willing to give their opinion?

Thanks

TJ



To: ArtAlley who wrote (3720)1/10/1999 3:59:00 PM
From: zora  Respond to of 56535
 
Art,

I used a Lotus spread sheet set up with the appropriate columns. I numbered the trades by date and then numbered the confirmation sheets to match. Called an audit trail if you are ever audited by the IRS. Once you check out the monthly statement, you could just number those trades and throw out the confirmations, although I keep mine. Don't get too far behind in record keeping...pain to get caught up.

zora


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News