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Re: SFSecurity post# 40608

Thursday, 04/21/2016 9:11:11 PM

Thursday, April 21, 2016 9:11:11 PM

Post# of 47077
Hi SF

I understand what you are trying to do but I couldnt follow what you are thinking of doing.

If you know the orriginal cost basis you can sell the security you dont want, buy another security, set PC to the orriginal amount invested which will have you buy more of the new security when you first purchase it ( if it dropped enough and is Aim directed)

Or ...... you can just buy the new security with the amount sold of the old security.

In the first case you need to come up with more cash. That may require you to sell 10 positions but only create 7 new ones.

In both cases you will want to have some cash set aside in case you get a buy signal first.

I both cases you have a tax loss to carry forward.

If you want to keep a security just set PC to the cost basis or set it to the current price.
Toofuzzy

Take the road less traveled. It will make all the difference.

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