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So, I have a question. The broker where I trade, has this special offer. Namely, for every three trades that I have lost, they return me the smallest loss.. For example, last week I lost 10USD, 11usd and 18usd, and they gave me back 10 backs.. I wanted to ask you what would be the best strategy when it comes to trading in these conditions. My best case scenario is to close positions where I am losing money at same point, because that way I will have have three equal losses, which means I did not lose three, but two times? for example- if I lose 10usd,10usd, 10usd, they will give me back 10, so in that case, I lost 20 instead of 30usd. Is there any other way that I could trade, to maximize the money that is being returned to me?

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  • Just watch out for wash sales if you're trying to re-enter those positions immediately.
    – Daniel
    Jul 12 at 11:31
  • What is a wash sale? Jul 12 at 11:44
  • @Daniel I just googled it, thanks for the heads up Jul 12 at 11:45
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    Wouldn't the best strategy be to invest for the long term in profitable trades?
    – Pete B.
    Jul 12 at 12:20
  • The wash sale rule applies to options and equities. It does not apply commodity futures contracts or of foreign currencies. Jul 12 at 13:27

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