Filling instructions on Turbotax tell to use only boxes 1d and 1e on 1099B. This results in a huge short-term loss but my account grew. Is my capital loss correct?

It is possible.  The only transactions that are reported on your tax return are for the sale of your investment. 

If you mainly sold off losses and held on to the gains your account could have grown considerably, and you would still report a loss.

Please confirm that the 1099-B data is correct, but your account balance value has little to do with your reporting of the sales.

Thanks. This make sense but what doesn't make is that loss is 8x higher than the amount I traded and I traded with only 2 securities. Checking with financial institution if the data on 1099B is correct...