Brokers love to send lots of statements. Every day you place a trade you will get a statement in the mail the next day. Checking these statements is time consuming without the right software. The Margin Account Calculator makes it easy. In my own trading I would frequently glance at the statement, assume it was OK and file it away. That’s all right until an error crops up that you let slip by unnoticed. This happened to me once, before I created The Margin Account Calculator - I thought I was long in the gold market but my broker had sold gold when I wanted to buy! Needless to say I didn't notice this on my statement until it was too late. It took me a lot of time to resolve the problem with my broker. This no longer happens because now I check all of my statements, as soon as they arrive, in next to no time.
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