Handle your wash sales and generator your Schedule D

TradeMax provides you with a simple way to track your trade data on daily basis, with the Daily Account Value function, you can easily compare and monitor your trade performance through the generated chart so as to make a better investment strategy and maximize your capital gains.

The following step-to-step wizard will show you how to generate the chart you wanted based on the imported data and the downloaded holding security prices of specific securities.

Note: You should download the security prices of the selected stocks in a fixed time period before you generate the chart.(For example, you want to generate a chart based on the trade data on Finace Year 2006, then you should set the time period within 2006).

1. After you download the price of the security in a set time range, select the specific finance year (.i.e. FY2006) under the selected account,

   then click Trade Data& Report < Add Report < Daily Account Value.


2. The Daily Account Value option will automatically add to the sub-menu under Trade Data & Report.

3. Click Daily Account Value tab to run the chart or set the parameters of the charts.

4. A Edit view dailog box pops up as below:


Basic Function
Wactch List	The title of the list
Button	Select the column header from the dropdown list by click the specific option under Type, then click Button to add this option.
Button	Select the specific column header under Type, then click Button to hide it, the chart will not display this option.
Type	The different types of column headers in this column
Symbol	The trading currency of the symbol
Color	The user can set color to indicate the line of specific colomn header in the chart.
Day	Set the day for moving average value, you can set Five day, Seven day, etc, the five-day or seven-day average value will be auto-calculated.
Portfolio Value	Portfolio Value is got by multipying Market Value and the shares of securities . TradeMax support settling by different currencies such as USD, HKD, CAD, GBP,etc, different currency means different value.
Cash Balance	The cash balance means the cash you are holding after you buy and sell the security. As you trade securtiy in different currency, if you select USD as your trading currency, TradeMax will show the USD cash balance. as for other currency, different currency means different cash balance.
Account Value	Account Value equals Portfolio Value + Cash value
Moving Avg	The average value of securities calculated on five-day or seven-day basis
Buy&Sell Amount	The transaction number of times on daily basis
Buy&Sell Amount Total	The total trade amount you buy and sell on daily basis
Trends Comparison	The comparison between your securities’ index and other index (i.e Dow Jones), the comparison can display your trade performance to see if your index is above or below other index.
Y Axis min value	1. Apply 0 to Y Axis as min value(default) 2. Use default min value as Y Axis min value
Summary Info	TradeMax will show users the total trading quantities, total and average profit/loss , total average net gains and total commissions within a set time period, maximal drawdown and percentage,so the users who bother to view the charts can also find the summary information of your trade performance here.

5. After selecting the specific column header you wanted to show(i.e Account Value, Trends Comparison) in the chart, the chart will show as below:


Basic Function
1	the selected column header you wanted to display in the chart
2	When your mouse move to some point of the line, a small notification window will show to tell you the basic information of the trades on that day.
3	The line of Comparison Trend
4	The line of Account Value
5	Left Y Axis indicates the trade total value based on the unit : thousand
6	X Axis indicates the specifc date
7	Right Y Axis indicates the percentage of the total value

There are two processes involved in using TaxACT® to file your trading gains and losses with TradeMax:

Step 1 : Export Trade Data from TradeMax

Step 2: Import Data into TaxAct

Follow the instructions below to export trade data from TradeMax then import the data into TaxAct.

Step 1 : Export Trade Data from TradeMax

The following will show you how to export trade data from TradeMax:

1. Run TradeMax, Click the specifc account and select the specific finance year.
2. Right click specific Fiance Year (e.g FY2009), a dropdown list pops up:

   

3. Select TaxAct Export option, a dailog box appears as below:

   

4. Save your data into specific directory.

Step 2: Import Data into TaxAct

Follow the steps below to import your TradeMax generated CSV file into TaxACT® Online version:

1. Open your web browser and navigate to your TaxACT® 2010 Online Deluxe account.
2. From the Q&A main menu, select the Federal Q&A tab.
3. Expand the Investment Income menu option, then select Gain or loss on the sale of investments.

4. Select Import from a brokerage provider or TradeLog via a CSV file option.

   

5. Click on Import CSV File.



6. Click the Browse button.

   

7. Navigate to and select the appropriate CSV file you saved in your computer.

8. Next click Continue to begin upload and import process.

9. TaxACT® will attempt to indentify the column header data in the file as shown in the images below. Make sure that the header data is identified correclty, the click Next.

   

10. Next TaxACT® will prompt you to select which rows of data will be imported. By clicking the check box at the top of the Import column you can select all rows - typically the easiest method.

    

11. Click OK when prompted.

    

12. Now you will need to un-select the top two rows, and bottom two rows as shown in the images below. Then click Next to continue.

    

    Note: TaxACT® will now allow you to chose the owner of the data, if neccesary. Click Next to continue.

13. TaxACT® will list all data found in the CSV file, click Import to complete the data import.

    

14. Click Close when finished.

    

15. To review the import result click on Income under the Federal Q&A tab.

16. The total listed under Capital Gains & Losses should reflect the total gain or loss reflected in TradeMax (in addition to any other capital gains or losses you have already entered into TaxACT). Once you complete your online filing you can confirm your short-term and long-term capital gains and losses on the Schedule D form.