As I write this it appears TDA is attempting to correct mistakes made in the cost-basis accounting of a couple of trades I made yesterday.. . . TDA uses a tax accounting program called "Gainskeeper". You can get it as a "stand-alone" program. In any event, the name definitely seems something of a misnomer as it invariably "defaults" supposedly in the favor of the IRS, but the program's application and the marked reticence of the customer-service people at TDA when cost-basis and tax-lot i.d. come up suggest the software allows for abuses gainful to TDA.. . . Due to their error(s), the wash-sale rule was mistakenly invoked.
Their quote-screen/ data-feed had issues Friday. Their website has lagged sporadically throughout the last few weeks. Too many times in recent memory stock prices have fallen below my limit order price or above my sell price without being filled.
I've previously generously given TDA good marks on evaluations, but, "Enough is enough!". It is into the "sin-bin" with Nasrat for them. I am intent upon switching to a better broker by the end of the month. I have heard that 'Trade-Station' is good for active traders, and I have heard that 'Fidelity' is good as an all-around quality broker. Does anyone have a broker they are simply enamored with? . . . While "You catch more flies with honey than vinegar.", Nasrat ain't a fly!. . . Although confusion is understandable.
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