I asked a similar question not long ago and received two helpful replies. As I understood it you would need to need to add some, if not all, the elements of:
- taking some risk,
- having some duration between trades,
- and either trading out at a small stop loss, or trading out at a gain as a normal ST trade.
One suggestion was that if you feel some confidence in the stock at the current level you could 'double up' on the amount you plan to sell, then sell half. Obviously with that approach you increase your position though, which is not your intent.
Anyway I've added a bit of my own comment there; better to read the responses of more experienced hands from this link.
- Forums
- ASX - General
- locking in capital losses
I asked a similar question not long ago and received two helpful...
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