RE: study session31 Jan 2020 17:54
In the crypto world, many traders have two stances (I'm not arguing to bring the here, but I expect to see it happening to vulnerable stocks going forward):
1. Sell off at a 5% stop loss, which is always a risk if you haven't got the tools to buy back in on a rise, and
2. Buying to average costs down.
As this is FIFO, losses would be against the first in the queue shares.
a. If that is currently in profit, sell off to the Capital Gains Allowance.
b. If that is at a loss, take the loss and sell off other shares to include BOTH the loss amount PLUS the Capital Gains Allowance.
Then buy back Scancell ...( although that didn't need to said to those here). Many bots use the short sell to accumulate more of the target - but even those still need to be monitored.
(this is not investment advice)
I'm trust I'm not telling you how to crack an egg to make an omelette.
All the best for the weekend, LL