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.
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.
Keep reading with a 7-day free trial
Subscribe to The Flying Frisby to keep reading this post and get 7 days of free access to the full post archives.