Handle your wash sales and generator your Schedule D

What are the unmatched Trades ? How to correct?

Unmatched Trades generate as you manually entered or import wrong transactions and are displayed in RED OR GREEN. You can see unmatched trades during the importing process or in trade grid after you manually entered wrong transactions.

Unmatched Trades appeared in importing process

Unmatched Trades appeared in Trade Grid

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.
TradeMax allows you use up or down button to adjust the sequence of the transaction records traded on the same day by moving up or moving down the transaction records.

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.

Green records indicate the closed transactions which closed (A Sale to Close, a Buy to Cover ) all your holding open position.

A .Dealing with this wrong transaction in importing process, you can activate the checkbox of Short Transaction Detection, BuyCover&long /Sellshort&short Trans Detection, Reverse Same Day Transaction,use Up or Down button to adjust sequence of the trade or adjust the action, quantity to correct these errors according to the cause of the unmatched trades.

B. Dealing with the wrong Transactions in Trade Grid, you should manually adjust the action, quantity, sequence of the trade to correct these errors.

Option 1: Import Trades from Brokerage Account

If the security trader holds online brokerage account, TradeMax provides an easy wizard to import trades from brokerage account.

1. Select Import Trades from Brokerage Account from the pop-up dialog.



Function	Description
Account	Select an account to import your data
Trade Range	Automatically display the date range of existing trades in the current account
Mode	If you already have a user name and password of the selected account, select I want to connect to ***. I have a *** user name and password.
	If you have trade data in your computer, please select I want to import data from local file.
	If you want to skip the file downloaded process, just select I want to import data copied from broker Transaction History Report.
Include Baseline	If you have already appended baseline position, you will need to select the checkbox and enter your specific tax year or select it with the arrows at the right side

2. Click Next to make furthering settings.



Function	Description
Your Online Broker	Select your online broker from the dropdown list.
User ID	Manually enter your registered User ID
Password	Enter your password manually.

3. Click Next Button to continue.
   • Online Accounts: If you have several subsidiary accounts under the main account, you can modify it or select it from the dropdown list.
   • Set the Start time and End time manually or select it from the drop down list, the trade data within this period will be downloaded. Then click Next to Step 2.