It is a story our support team hears too often: “my computer crashed and I lost my TradeLog files”. We cringe when we hear this because we know the answer to our next question is often not positive: did you keep a backup of your files?
Backing up files is an important best practice – and not just for TradeLog data, but anything important you store on your computer. The good news is that there is a function in TradeLog that makes the backup process easier!
It’s important to remember that your TradeLog files are stored on your computer – we do not have a copy of your data for you. This is why it is so important that you have a good practice of backing up your files – and perhaps a system for doing so.
Microsoft Windows includes features to help you automatically backup all of your important files. If you are not familiar with Windows backup functions then we suggest reviewing the documentation they provide, such as this article and video for Windows 7 users. There are other software and systems available as well to help you backup all of your important files and programs if you need something more (search the web for “computer backup systems software”).
If you have not yet created your own system for backing up important files, we encourage you to take some time to do so. Hard drives fail, computers break, files get accidentally deleted or messed up – but with the proper backup practices you can easily get up and running again if it happens to you!
Please note: This information is provided only as a general guide and is not to be taken as official IRS instructions. Cogenta Computing, Inc. does not make investment recommendations nor provide financial, tax or legal advice. You are solely responsible for your investment and tax reporting decisions. Please consult your tax advisor or accountant to discuss your specific situation.