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Re: None

Monday, 05/03/2021 8:27:34 AM

Monday, May 03, 2021 8:27:34 AM

Post# of 221123
Trading and tax tip. When you sell, sell the same number of shares you bought in one or more blocks. If you bought 455,256, sell 455,256, otherwise you will have a nightmare when it comes time to report your trades as you have to match buys and sells. If it takes two or more blocks to equal a sell, then then total of the buy blocks should equal the total of the sell block. To make it easy, go back and look at your buys, then put in Limit Sell orders that equal the buys, "All Or Nothing". You will be glad you did if you do your own taxes. To make it even easier, always buy in round number blocks, such as thousands or whatever number works for you. Some always do 100,000 at a time, for instance. A friend of mine did it that way. I only learned of that after I had been trading odd number blocks for a year! Ugh. When I did my taxes, it was like untangling a plate of spaghetti. Took me a month. If I did equal blocks it would have been a piece of cake.