Tax loss trades - an update

Taking profits

As previously intimated, I am now exiting or have exited all my tax loss trades.

The plan was always to buy for the rebound. We have had the rebound. I wanted to be out my mid-Feb at the latest. The trades have for the most part worked. Time to take some profit, if you haven’t already.

Photo by Clemenzfranz

Some of these companies could, I feel, still go higher, so I must confess to feeling torn about selling them. But this was always a short term trade. Sometimes (not always) it’s good to remember the reason you made the trade in the first place. Helium has been the big winner.