The only stock, options, bitcoin & investment logging software you will ever need!
Introducing Stocklog+ v1.0.zero! We wanted to achieve a few goals for the initial release, let's briefly go over each one as more details can be found in the knowledgebase.
Try Before You Buy:
We really feel you should be able to download and kick the tires before buying or subscribing to a service. We had two options, force you to signup and give you a free trial before it auto-bills, or just create some type of limit and let you decide if it provides value without giving any of your personal information upfront. We decided on the latter - it will ONLY show the first twelve (12) items in the database while in Demo mode.
We suggest creating one broker account: 1. Add manual stock/options/etc transactions and see how they appear. You can then delete the transactions and 2. Import a small list of transactions from your broker to see how the filtering worked for you. You can continually delete, modify the headers in your .csv file, and reimport until it's perfect. See Importing Data in the knowledgebase for details on how to dial it in!
No Random Limits:
At the start of designing the application, the one thing we absolutely did not want to do is create false limits. You know the "basic, standard, and pro editions" that are designed to basically irritate you to just purchase the Pro version in the end! Our philosophy is to provide a 'demo' mode so you take poke around and see if it's something that will work for you, and if so, turn it all on! Some things, you may use, other features maybe not right now, but you get everything!
Unlimited Broker Accounts:
How many brokers do you use? How many separate accounts per broker? What if you're a CFA and you want to log each client? What if you want to store an old account data so it's there if/when you need it? We don't know the answer to any of those questions, so why would we assume you only have one, two, or three accounts? Why should we care? It's a self imposed limit that really serves no purpose other than to get you to pay additional fees to unlock more accounts... silly.
Unlimited records per Account:
Continuing with above, why limit the number of allowable imported records your broker creates in the .csv file? Stocklog+ allows for unlimited imports per account. You keep trading and we'll keep logging!
Quarterly Taxes:
One of the biggest headaches with trading is keeping track of taxes owed. The IRS is becoming more aggressive in collecting what they describe as income. They want it ASAP from when it was created, before you spend or lose it! Stocklog+ will calculate quarterly tax per account, per year. It will also show the gains and losses per quarter, this allows professional traders to quickly calculate what they should report.
We invite you to give it a try and hopefully become part of the community!