Active trader doing shorts and covered buys.

Ronald1955

As a active trader ( average 150 Trades per day) I do use Quicken to now only track investment income and stopped tracking cost basis and capital gains on the actual brokerage account. I do use Quicken for normal banking transactions. Quicken does update buys and sells; but the cost basis and capital gains do not match brokerage data.

NotACPA

And, if your not tracking cost basis and CapGains in Q, why would you expect your Q records to match your brokerage statements?

Tom Young

"Quicken does update buys and sells; but the cost basis and capital gains do not match brokerage data. "

I'd expect that with that much trading activity you're frequently encountering wash sales. The broker has the computing horsepower to keep up with this - deferring losses, adding those deferred loses to subsequent sales at a gain, all behind the scenes - something that, from a practical standpoint, is just about impossible to do in Quicken. I certainly wouldn't expect that Quicken cost basis and capital gains would agree to brokerage data.