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Fantastic thanks @zebster! Was referring to second scenario,...

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dgdgdm

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638

13/03/18

22:10

Post #: 31729612
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Originally posted by zebster ↑

I find the question to be a little ambiguous. Perhaps a little more detail? Are you referring to a short selling trade? Or is it about incurring a capital loss on a "long" position because you were stopped out for a loss (i.e. a stop loss sell order was triggered), but you then re-entered your "long" by buying back in very soon after at a lower cost? If it's the second scenario, then the capital loss associated with being stopped out can be offset against any future capital gains. The re-purchase at a lower price would simply constitute the beginning of a new investment, even if it's in the same company within a very short period of time.

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Fantastic thanks @zebster! Was referring to second scenario, should've said stocks sold out due to a "stop loss" rather than "short stop" - bad terminology on my behalf. I haven't used stop losses to date but looks like an effective way to protect capital. Thanks again mate.

Last edited by dgdgdm: 13/03/18
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