TLG 1.33% 37.0¢ talga group ltd

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CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 100 Posts.
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    Hi Helm, for some people that bought in a year ago from 1.40-1.60 US. At the 1.00US price, this represents a ~30% loss. I have been here for about 3 years, and have bought anywhere from .20-1.60 US. Some people might sell their high cost to capture the tax loss. Here in the US, you can re-purchase in >30 days. I prefer, as in this case, to add to my position and then sell my hi-cost shares after the 30 days for what ever it is…gain or loss. This way I am always “in” for my maximum position. If there is good news, my whole position benefits, and I trim for a minimum loss or a gain. This might be called micromanaging by some, daytrading for others, but there will always be some degree of tax loss selling for the “non-believers” and the uninformed. I own a stupidly large position and so I can play with 10-20% of it at any time. Not recommended by pros,…but I’m not one of them.
 
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