TradeLog

TradeLog is a software solution designed to meet the needs of traders and active investors. According to the vendor, it empowers individuals, small investment firms, hedge funds, financial advisors, accountants, and tax preparers by providing tools and solutions for managing trader taxes and optimizing trading strategies. TradeLog offers features such as:

Tax Reporting: Comprehensive tax reporting tools to accurately report trading activity for tax purposes. It supports various tax forms, calculates wash sales, and generates necessary tax forms for IRS compliance.

Trade Matching: Advanced trade matching capabilities to accurately match trades across multiple brokerage accounts and platforms based on various criteria such as trade date, settlement date, and trade description.

Real-Time Trade Import: Ability to import trades in real-time from supported brokerage platforms and trading systems, eliminating the need for manual data entry and ensuring accurate and up-to-date records.

Performance Analysis: Performance analysis tools to evaluate the profitability of trading strategies. Traders can analyze performance metrics such as ROI, annualized return, and win/loss ratio over different time frames.

Risk Management: Risk management features to monitor and manage risk exposure. Traders can calculate position size, set stop-loss levels, and track risk/reward ratios to protect their trading capital.

TradeLog PRO (for Professionals): A version specifically designed for CPAs, accountants, and professionals serving traders. It offers additional features to streamline tax preparation for multiple clients and ensure accuracy.