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Re: lowtrade post# 16331

Tuesday, 08/07/2007 2:52:58 PM

Tuesday, August 07, 2007 2:52:58 PM

Post# of 245891
Low: My point was if you walk your buy/sell, buy lower/ sell, buy lowest... you're not able to write off the potential losses against your gains since you've violated the wash-sale rule.

Hey you're dead on with 3 months / 9 months ( typically )
Not disputing that.

Just saying there are tax situations you'd have to deal with in the future.

Everyone was sold a BUY and Hold Hat over the last 50 years...but that rarely works anymore in trading/investing.