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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?


To: kendall harmon who wrote (255)11/9/1998 12:12:00 AM
From: Baghul  Respond to of 56535
 
Hey Ken,
Thank You very much for your explanation. I am sorry for not adding the dates in my earlier message. From your explanation, after a wash sale you can add the loss to the cost basis of your next purchase. If you do make a profit that would be better than losing right. If you do not trade the same security, then you can't claim the loss from the wash sale. I think I finally got it.
Baghul