Replies to post #93886 on Savvy Trades and Investments

[jtomm]

Pretty good percentage gain for one day!

I'd guess that selling in the first few days to maybe a couple of weeks give you the best idea of just the recovery bounce from tax loss selling. Beyond that, I'd guess it's pretty much just up and down with the market.

Best of luck however you decide to approach it! Thank for putting it on display.

[larrybaz]

$100K Tax Loss Counterpunch Portfolio - The End

All positions were sold this morning. The morning started out well, but then it seemed like a lot of the positions were rolling over, so I unloaded every single one of them. Luckily they were very easy to sell for the most part. Today was definitely a losing day for the portfolio, but the overall results should be positive.

I will post the final return later today.

[larrybaz]

$100K Tax Loss Counterpunch Portfolio - Final Results

All positions were sold this morning.

Portfolio Cost: $100,877
1/3/2022 Value: $107,360
1/4/2022 Value: $105,739
Daily gain/loss: ($1,621)
Total gain/loss: $4,862

I was surprised that the upward momentum in the portfolio didn't continue today. Most of these stocks have just been brutalized in the recent past. At one point this morning, the portfolio was up about 2k from the prior day, and then it folded like a house of cards. That's all I needed to see to close this thing out.

It turned out to be a profitable venture, but still disappointing, as I thought there would be a much greater rebound from these stocks.