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commoncentsinvestor

09/18/14 8:55 PM

#11295 RE: viking86 #11293

Yes, I used to do a lot of trading in the ETrade account and that worked well.

Now I trade mainly in my AmeriTrade account. In that one, in your profile, you set up what they call "Your Standard Method". That can be FIFO, LIFO, Lowest Cost or Highest Cost. Then each time you make a sale it will be at your Standard Method unless you specify differently when you place the order. In addition, once the sale is completed you have the option of going in and attaching that sale to a specific purchase.