User Interface |Form 8949 Capital Gain & Wash Sales calculator software

Manage Forex Rates


Foreign Exchange Rates (Forex Rates) model provides customers find other currency to USD exchange rate data. With it help, you can download foreign exchange-rates from webs.

How to find the Foreign Exchange Rates you need?

Step 1: Run the Trade Max and click the Forex Rates in Forex Rates Panel

Step 2: Choose Currency Exchange>source currency such as EUR on the Forex Rates List.

Step 3: The Foreign Exchange Rates grid displays on the trade window.

Function
Description
S-Currency

Domestic currency type or accounting currency type for accounting purposes. Currently IB allows customers to choose different base currency other than USD.

Currency Settlement currency for tax purposes.
Exchange rate The conversion rate S-Currency/ USD Currency
Exchange time
The date of this conversion rate.

There are six Foreign Currency types: EUR, CAD, AUD, JPY, HKD, GBP.

How to download Foreign Exchange Rate?

Step 1: Run the Trade Max and click the Forex Rates in Forex Rates Panel.

Step 2 : Choose Currency Exchange>source currency such as EUR on the Forex Rates List.

Step 3 : Right click on the Historical Currency Exchange grid and click the Download Rate From Web.

Step 4 : Exchange rate dialog box will pop up. Enter the Exchange Rate Information and click the button to download.

Function
Description
Download currencies

Select one or more currencies from the download currency dropdown list.

Begin Date Select the Begin Date
End Date Select the End Date

Step 5 : After the successfully download, click the button to finish the process.

User Interface


The page below helps you to review the basic function of each section of the Trade Window.

Screen Shot

Basic Function
1. Main Button Click Main Button to print your documents or choose View or enter your Name and SSN with the Option button in the Main Button.
2. Ribbon The Ribbon is designed to help you quickly find the commands that you need to complete a task. Commands are organized in logical groups that are collected together under tabs.
Trade Tab is designed to help you quickly switch to Trade View to manage accounts and trades.
Security Tab is designed to help you quickly switch to Security View to manage Security list.
Forex Rates Tab is designed to help you quickly switch to Forex Rates View to manage forex rates.
3. Trade Grid Trade Grid is the main section where users are able to view and interact with their trades.
Symbol Grid is the main section where users are able to view their symbols after they import their trades into TradeMax
Forex Rates Grid is the main section where users are able to view and download historical foreign exchange rates.
4. Broker Tree The Trade Account List is designed to help you quickly find the accounts or data View.
The Security List is designed to help you quickly find the symbols.
The Forex Rates List is designed to help you quickly find s-currency.
Click the Outlook Bar in the Ribbon Tab to hide it.
5. Group By Box Drag a column header here to group by that column.
6. Preset View TradeMax provides the frequently-used view for the data grid. You can select one from the Preset view dropdown list or skip it if you like.
7. Quick Access Panel Switch your work view.
Click the Trade button on the Quick Access panel to switch to Trade View.
Click the Security button on the Quick Access panel to switch to Security View.
Click the Forex Rates button on the Quick Access panel to switch to Forex Rates View.
8. Information Bar Show the implement information of the above data grid.
9. Output Tab Press the Output Tab to display basic information.
10. Scan Tab Press the Scan Tab to display scan information.
11. Price History Tab Press the Price History Tab to display symbols’ price in specific time.
12. Quick Access Toolbar

The Quick Access Toolbar is a customizable toolbar containing a set of commands that are independent of the tab that is currently displayed.You can add buttons that represent commands to the Quick Access Toolbar.

13. Title Bar The Title Bar provides the version of TradeMax you are using (for example, Trade-Neutral Trend TradeMax Premier Edition).
14. Style Button Click Style button to select your favorite skin of your TradeMax .
15. Help Button Press the Help button to view the information of the current vision. In addition, from its dropdown list, you can get the online help, Register&Purchase, Update your TradeMax, Contact us etc.
16. Time Range Filter First select the Begin and End Date then press the Apply button to filter the trades within a period.
17. Symbol Trade Quick Access Bar Click one alphabet button to go to the specific trades beginning with the specific alphabet.
18. Field Chooser Set column headers removed from the data grid heading.
19. Auto Hide Button Press the Auto Hide Button to hide the information window.

Symbols


The main function of symbol grid is to show you the relationship between a option and a stock. It will display relationship automatically after you import your trades into TradeMax. In addition, you can also append a specific symbol as you wish.

Click the item Symbols under the Account List on the left of the main windows, the grid below shows:

Basic Function
1. Group By Box Drag a column deaders here to group by that column
2.Symbol Grid Symbol Grid is the main section where users are able to view and interact with their symbols
3. Quick Access Bar Click one alphabet button to go to the specific trades beginning with the specific alphabet.

Under the Symbol, you can also do the following if it needs.

    • Click Append button in Trade tab
    • A popup dialog box allows you to record Symbol below:
      Option Basic Function
      Symbol Name Type in symbol’s name
      Underlying Stock Type in your underlying stock’s name of the symbol. If it is not an option, you can skip this field.
      Rate An option has a 100 ” Rate “ which means an option contract is for 100 shares of the underlying stock.
      Type From its dropdown list to select the type of the financial product.
      Strike Price Only available when the symbol is an option or future.
      Expire Date Only available when the symbol is an option or future.
      Exchange Market Type in the exchange market where you bought the financial product. For instance,NASDAQ
      Notes Any information of the product.
  1. Append a Symbol

Trade grid


Trade Grid

Trade Grid (refer to the picture below) is the main part of the Trade window where users are able to view trade data and interact with their trades.

Part One: Overview of the Trade Grid

In this part, we will provide you the main function of each section.

Section 1: Preset View

TradeMax provides the frequently-used view for the data grid. You can select one from the Preset view’ dropdown list or skip it if you like.

Section 2: Group By Panel

Drag a column header here to group by that column.

Section 3: Time Range Filter

With Time Range Filter, you can filter the trades within a period. And you just need to select begin and end date.

Section 4: Data Grid

Data Grid is the main section where users are able to view and interact with their trades. This section used to illustrate how to get the specific data view in the data grid

 

Part Two: Custom Grid

In this part, we will provide you an example to show how to group the data and customize the grid.

 

 

 

Report Window


TradeMax provides you nine reports for your IRS Gains & Losses and portfolio management. They have a similar interface. Now, we take the Realized Gain/Loss Report as an example.

Basic Function
1. Subtotal Field To group the report by choosing a column header from its dropdown list. This function only exits in Trade Detailed Report and Realized Gain/Loss Report.
2. Export Button Export your report to your computer with PDF, Excel format etc.This function is only available under Registered vision.
3. Group By Tree Button Press it to display the Group By Tree
4. Zoom Field Zoom in or zoom out the report view
5. Page Bar Select the exact report page
6. Title Report Title
7. Subtotitle Report Subtitle which depends on what you choose in the Subtotal Field
8.TradeMax Logo TradeMax Logo
9. Data Properties Bar Report data information including Data Source, Create Date, Tax Payer and Page of Total
10.Group By Tree Click item to go to the specific group. The item depends on what you choose in the Subtotal Field.
11. Main Report Grid Main part of the report which displays the IRS Gains & Losses detailed information of the report. Learn more about Report.

Options


Option Dialog box provides the users with possible setting for TradeMax , the users can set different preference for account according to their requirement in General option , filter some unwanted information when running specific reports in Black list option, set your own washsale calculation rule to apply to your own wash sale scenarios in Wash Sale option.

The following wizard will tell you how to make your own settings based on your needs in different options.

  1. Click main button , and a main menu opens:
  2. Click Options button, the following dialog box displays:

Function
Description
General Tab Users can set the basic setting and possible preference after clicking General Tab. This is the default option.
Wash sale Tab Set your own calculation rule for your transactions by clicking Wash Sale Tab.
Black List Tab TradeMax provides you with Black List to filter some information of various reports. With this feature, you can choose to display the information you want by selecting transaction type or Security Ticker to generate the specific report.
Avg Basis Tab TradeMax allow you use Average Basis Method For Mutual Fund Cost Basis Calculating. With this feature, You can figure your gain or loss using an average basis only if you acquired the funds at various times and prices.
Name Enter your name, the name will display in your generated reports
SSN Enter your Social Security Number.
Turn Automatic LiveUpdata on (recommended) You can check the box on the left side to activate Live Update Function, and each time you run TradeMax, the automated Live update dialog box will pop up.
Automatically Scan for Trades You can check the box on the left side to activate Auto Scan function, TradeMax will auto scan your imported transaction.
Exercised / Assigned security ‘s buy/ sell price must be the same as strike price of option You can check the box on the left side to activate the function, TradeMax will auto-match your Exercised/ Assigned securities’ Buy/Sell price with the strike price of option.
Auto Expire unexercised / unassigned options at 0 price on Expiration Date You can check the box on the left side to activate the function, TradeMax will auto expire unexercised/ unassigned options at 0 price on expiration date.
Auto Assigned / Exercised Option to Stock after Split / Reserve Split Event You can check the box on the left side to activate the function, TradeMax will auto assigned / exercised option to stock after split / reserve split event.
Transaction Amount Tolerance Value You can enter a transaction tolerance value to allow transactions to exceed amount within certain tolerances.TradeMax follow the calculation as the formula : Amount = Price * Quantity + Commision , if your abs(Amount – Price * Quantity – Commision)>tolerance value, trademax will give you a warning message.
Long Term Capital Gain Holding Period The default long term capital gain holding period is One year.
Tax Currency The default Tax currency is USD.
Clear Report Cache Every time you run reports in TradeMax, the database will leave report cache which sync the change of the report data . If your report data cache occupies too much space , you can click this button to clear Report Cache. Your report cache will be cleared, but the new report cache will be generated when you run reports once more.
Database Path Click to view your database path.

 

Scan Trade Status


After you import the trade data into TradeMax, some trades will be displayed in Red or Green, we can use function Scan to scan the trade status so as to view the detailed information of these Red or Green trades in Information Grid. The following will tell you how to scan trade status in TradeMax :

  1. Click the Information Tab at the down-left corner of user interface of TradeMax.
  2. The Information Grid will extend, then click Scan Tab in Information Grid or just click Scan Tab in Trade Panel to display detailed information of unmatched Trades.
  3. Function Description
    1. Red Records Red records indicate the error transaction:

    a.If there is no position on hold, a close action(Sale to Close, Buy to Cover) will generate errors.

    b.when option exercised or assigned, the strike price of the option didn’t match the underlying stock trade price.

    c. When option exercised or assigned, the quantity of the option didn’t match the underlying stock trade quantity..

    d. When the option expired, the close price is not zero.

    e. Missing/Inconsistent Data fields by using Qty, Price, Commission, Fees and Rate information.

    2. Green Record Green records indicate that the closed transactions (A Sale to Close, a Buy to Cover ) close all your holding open position.
    3. Information Grid Information Grid display error trades after scanning.

    Error Trades may caused by the wrong action , quantity, sequence of the trade.

    Note: You should manually adjust the action , quantity, sequence of the trade to correct these errors.

    4. Scan You can click the Scan button to scan inaccurate trade status.
Page 3 of 3123

Copyright © 2008-2016 Neutral Trend Inc. All Rights Reserved.