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Re: Quicken 99?



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I agree, stocks it handles pretty well.

But option sales have to be specially handled, and the reports can be
misleading.  For example, the sale of a call looks like a short sale of stock,
so you have to cover the call sale at a price of zero to get rid of the negative
balance.  It's a bit clunky on options.

Leo


Allan Havemose wrote:

> I've used Quicken to track investments for several years now. Works fine for
> Stocks. Q99 not understand futures. The only way is to use #shares as you
> contract multiplier (assuming you trade single contracts). This causes wild
> equity swings as Quicken uses the full contract value in calculating your
> account balances, not the margin requirements.
>
> Allan
>
> -----
> Allan Havemose, Ph.D.
> havemose@xxxxxxxxxxxxx
> havemose@xxxxxxxxx
>
> -----Original Message-----
> From: Lonnie Lepp <tllepp@xxxxxxxxx>
> To: metastock@xxxxxxxxxxxxx <metastock@xxxxxxxxxxxxx>
> Date: Saturday, December 12, 1998 6:23 PM
> Subject: Quicken 99?
>
> >I want to Use Quicken 99 to track Brokerage Statements and thus a VIP part
> >of my money management design.
> >Has anyone any experience using Quicken for as a part of their Futures &
> >Options Speculation Business?
> >
> >