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microcapbiotech

10/10/19 7:24 PM

#28685 RE: 123tom #28684

This Italian heritage has come up before on this board, there are Many Italians who own MRKR.

The only way we get screwed is to sell out.
Solution to that is easy - Don't Sell Out.

Next time it's pushing $6 (yes, it will happen), I will sell about half of my recent buys and add the rest to the core long term holdings.

It's just, be patient and dollar cost average down, works just about every time.
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mauiguy2

10/10/19 9:55 PM

#28687 RE: 123tom #28684

So, Tom, it appears that you're admitting that you sometimes sell for losses and then quickly buy again. If so, it would seem that you're totally ignoring the Wash Sale Rule which states that you can't buy the same stock again for 30 days after taking a loss without certain tax implications.

I rarely hear traders talking about the Wash Sale Rule. How do you account for this during tax time?