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Strategies & Market Trends : Steve's Channelling Thread

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To: Zeev Hed who wrote (29473)10/4/2001 12:27:09 PM
From: Binx Bolling  Read Replies (1) of 30051
 
For purpose of illustration you perform the following trades:

1. Buy stock XXX on October 1, 2001 at $ 10.00
2. Sell stock XXX on October 2, 2001 at $ 9.00
($1 loss)
3. Buy stock XXX on October 3, 2001 at $ 8.00
4. Sell stock XXX on October 4, 2001 at $ 10.00
($2 gain)
5. Buy stock XXX on October 5, 2001 at $ 7.00
6. Sell stock XXX on October 6, 2001 at $ 6.00
($1 loss)

For tax reporting purposes, how do you report these
transactions on your Schedule D?

I have no idea how wash rules work.
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