Prepare your Schedule D with TradeMax

May 9, 2009 - PRLog -- Neutral Trend Inc. today announces TradeMax® 2.0, a full featured tax software specifically designed for active investors or traders to manage their trade data maximize their gain/loss strategy, prepare their Schedule D.

TradeMax® debuts innovative new tools that enable active investors or traders to effortlessly manage all their trades across various accounts.With customizable Vista® style “Views”. TradeMax® delivers important investment account information right to the desktop, without the need to access Internet. Users can manage their trade data, maximize their gain/loss strategy, prepare their Schedule D. It can import trade data from all kinds of formats files, monitor realized/unrealized gains & losses for current positions, adjust wash sales events, report capital gains/losses in printed Schedule D format or export to popular tax software such as TaxCut®, TurboTax®.

“The idea of this software came from a few active traders in our company. Traders are very busy in these days, and sometimes it is too time consuming to figure out Wash Sale trade between different accounts. A investor with more than 100 trades per year might ends up spend at least 20 hours to count their trades. Investors don’t like this hassle and they want to focus on the market” Neutral Trend said, “Fortunately, given our team’s rich experience ( averagely 15+ years experience in the software industry ), we are able to help our customer with delivery of this state-of-the-art trade software.  TradeMax® takes out the dirty work, so users can spend more time on their money-making investment activities.”

The new features of TradeMax® include the following:

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1. Track your trades: Users can setup different investment type accounts among whole family and manage trade data over years. TradeMax® tracks and categorizes trade data automatically. Users can view all investment accounts in one place.

2. Data security: TradeMax®’data files are stored on computer in encrypted form. TradeMax®’s date can’t be viewed with third party text editor.

3. Calculate wash sales and Defer lose between different accounts: Users can combine different accounts into one to monitor specific investments.

4. Powerful importing module: TradeMax® includes lots of preset profile to support most brokers. Users can import data file with the following type extension: *.csv, *.txt, *.xls, *.qif, *ofx, *.qfx, *tlf., *tdf . TradeMax also provides a flexible format reorganization algorithm which allows users to customize their own format.

5. Multiple transaction lot matching methods: TradeMax® uses strict “First In, First Out” ( FIFO ) trade matching as a default method. TradeMax® also allows users to “Force-Match” specific trade transactions into particular tax lot.

6. Help maximize tax deductions: TradeMax® calculates various of Wash Sale scenarios, include but are not limited to, Wash Sale between identical securities ( stocks and options ), Wash Sales on an unequal number of securities and Wash Sale on Same Day Rule..

7. Simplify tax preparation: TradeMax® can assign short trades and convert short / long position, and calculates Wash Sale automatically. Users can export gains and losses to popular tax software programs support TXF format. TradeMax® generates Schedule D-1, Gain&Lose report, Wash Sale Detail Report and 1099 reference report.

8. Option symbol detection: TradeMax® can download Option data from Internet and identify Option symbol and related information like CALL/PUT type, size and expiration month etc.

9. Easy-to-use interface: Displays the Account List on the left side of the screen as a convenient way for you to monitor and manage your accounts and views. Symbol View helps you to manage your stock and stock options. Attractive report and screen interface.

10. Customization data view flexibility: TradeMax® allows users to build own view to manage data properly. Users can customize multiple filters to change the way of viewing account.

“We are adding new feature on daily basis, we suggest our users to visit our website frequently for updates.” Neutral Trend said.

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Pricing and Availability

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TradeMax® Basic is available at an estimated price of $69.00 USD per 12 months subscription. TradeMax® Standard is available at an estimated price of $119.00 ( U.S. ). TradeMax® Deluxe is available at an estimated price of $169.00 USD per 12 months subscription. TradeMax® Premier is available at an estimated price of $297.00 USD per 12 months subscription. All TradeMax® products have trial version free for download online. Trial version has no expiration date, but it only generates report for transaction between Jan to Jun.

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All TradeMax® products are available today at http://www.itrademax.com.

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Neutral Trend Inc. was created as a private-held software firm in the state of Nevada. Since its inception, Neutral Trend has developed TradeMax™ , a Windows Vista™ style trade software.

Neutral Trend’s mission is to provide our customer state-of-the-art trade software. We are committed to deliver quality product to you. We believe we can help you.

TradeMax™ is Neutral Trend’s flag-ship product. By using our product, we help our customers to manage their trade data, optimize their gain/loss strategy and prepare their Schedule D.