I heard that some platforms give you the ability to choose which shares you want to sell.
For example, if I bought 100 shares of AMD at $95 and 50 more at $115, and say the current price is $102. I’d like to sell 50 shares of my $95 stocks for profit and buy back again if it dips later - while keeping $115 shares until they become profitable.
I’m using TD to trade and I don’t think i have this option.
Getting to my question… instead of holding all 150 shares and selling at $130, if I sold 50 at $102 then buy back 50 shares again at a lower price to ultimately sell all 150 shares at $130, am I still making profits from these intermediate trades?
At first I thought this was a straightforward question, and probably is, but I got confused as TD seems to pool all shares together for an average cost. Thanks in advance!
[link] [comments] https://www.reddit.com/r/stocks/comments/13j9x7o/question_about_trading_a_stock_multiple_times_on/
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