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Author: TMFTaxes Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121179  
Subject: Re: daytrading&tax record keeping.. Date: 1/27/1999 8:33 AM
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[[Thank you for your reply....could you excuse my ignorance and tell me what
"tracking software" does or give me a few names of programs which do this?]]

When I refer to "tracking" software I'm referring to the software provided by many (at least some) brokers that allow you to "track" your investments in your computer. Since I use e-Schwab, I have a nice little program that they provide to keep track of my portfolio and trades (which are very, very few).

[[ Do I still need to type in each transaction into software program you mention or
does that information somehow get entered from my online brokage?]]

In my case, the computer does it automatically. How other systems work, I know not. You might want to check out some other message folders. But since the Fool is all about buy and hold, and not about daytrading, you might have to move on over to a different location to find somebody with some first hand knowledge of your options.

Sorry...
TMF Taxes
Roy
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