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Disclosure: This post is for educational purposes only. None of the information should be considered tax, legal or investment-planning advice.
Tax season is underway, and today’s post will cover a few tools to make reporting easier for TradeStation customers.
We’ll consider:
First, TurboTax® and TurboTax® online can capture key information like entries, exits and dividends. This video explains some of the key steps:
A second resource for traders at tax time is a gain/loss tax management tool. These services monitor and optimize tax positions. They can help visualize and manage realized and unrealized gains and losses throughout the year. They may also include reports to assist you in filing your tax return. This short video shows an example of using TradeStation Gain/Loss tool:
If you want to see taxable activity on your computer, TradeStation also provides a tool. This video explains how to save trade records onto you device using formats compatible with financial software packages:
Downloads are available here. TradeStation’s ideas on TradingView are available here. Check out our next “State of the Market,” on Monday, 12/16. Sizing Up the S&P 500 S&P 500 approaches 6,100 after holding last week's low RSI near overbought is potentially...
Stock prices usually zig and zag instead of moving in a straight line. Today we'll explore Fibonacci retracements, a popular tool for navigating ups and downs in stock and futures markets. The Fibonacci ("Fib") tool is a drawing instrument on TradeStation's charts...
TradeStation recently increased its window for extended-hours trading. This article will consider some of the tools that might help in the pre- and post-market. The first application is Chart Analysis, which typically shows only regular stock-market hours of 9:30 a.m....