TradeLog offers a function under the Options main menu that automatically flags and records short sales during the import process. For short sales, the "sell" (opening transaction) is executed before the "buy to cover short" (closing transaction), so when this function is activated, whenever TradeLog imports a "sell" before a "buy" for a ticker with no shares currently open, the trade will be recorded as short.

 

When a user imports from a broker report that identifies short sales, TradeLog will record short sales as indicated. When a user chooses the import filter for a supported broker that doesn't flag short sales on trade history reports, the Auto-Assign Shorts function will be activated automatically. During the import process, TradeLog will flag short sales and record them as such in the data file.

 

NOTE: Users who are importing from *.qif (Quicken) files will need to manually activate this function by clicking Options, Auto-Assign Shorts prior to running the import.

 

In the event that this function was not activated prior to an import, imported trades can be converted with a single command. Select the transactions to be edited and click Edit, Toggle Long/Short. Each selected long position will be converted to short, and vice versa.