I got sold out of this stock sorry. I have a buy order in at $2.95. I suggest you all do the same. Its a good thing all of my followers have stop loss orders in. Thats what smart investors do.
A roth is a different type of IRA. Any gain or loss is not re-portable. All gains are tax free as well as losses. A roth is the best investment you can make as when you cash out as long as you are old enough are totally tax free. Example you pull $200,000.00 out this year no tax what soever. Say you start with $100,000.00 and grow it to 1 million. The million is tax free.
Are you not concerned about a potential wash sale? Considering that you apparently sold out a couple days ago, repurchasing identical security in less than 30 days would generally constitute a wash.
The wash rule means that you don't get to take the loss on the sale if you purchase the same or like security with 30 days. Don't let the wash sale determine how you trade because you just apply the loss as adjusted cost basis on your new purchase.
For example, you sell 1000 shares of TC that you bough just last Friday at 5 per share for $4.50 on Monday. Today you purchase 1000 shares TC at 4.15. The wash sale rule says you can't take the loss on the purchase you made on Friday but you apply the $500 loss to your cost for your new purchase. So, instead of your cost being 4150, it would be 4650.
So it was a buy yesterday at 4.3, a sell at 4.15, and will be a buy again only under 3? I sort of get the rationale behind stop loss orders when trying to catch a falling knife, but if you set your stop loss so narrow and your buy so much lower, then odds are very high that you'll be out of the stock when it finally does start to rise.