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Subject:  Warning: Do Not Trust's TD's Records Date:  2/23/2021  9:09 PM
Author:  Arindam Number:  50662 of 50674

I love TOS. It's an easy, forgiving, trading platform. But TD AmeriTrade's back office sucks.

Yesterday, I got a fill on a stock at 19.70. No argument about it. That was the price and my cost. Today, the stock closed up a tad at 19.95. You'd think my statement of positions would reflect that gain. But you'd be wrong. The website say my cost was 26.65 and that I'm down on the position --a mere one day later-- by a whopping (-25.14%).

This isn't the only reporting error they are making. On several other positions, I can pull the trade slips and see what my cost was. But when I review my positions, I see a different cost, and generally not in my favor, except for the account summary that says I'm up 148% in just two buying after putting tiny money to work. (Don't I wish!)

I have no idea where their mistakes are coming from. But they reinforce the need to keep one's own records. Every day, logs your trades. Every weekend, mark yourself to market.
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