I have invested in US stocks as I'm new to share trading. I recently sold some shares at low price than purchased after averaging down
Then I bought same shares on same day with low price and then resell at high price and then resold and bought at low price. The intention was simply to use my money to earn some dollars in day trading and not for any tax cut or loss. I didn't knew until today just find out about wash sale. So just want ro check if this is considered as wash sale ? Also what will be best advise as I wanted to sell and purchase with same day was to earn some money.
My example is
Bought xyz shares at average price of $390. Sold at $350 and then repurchase at $348 same day and then resold at 349 and bought back at $ 348. This is all done in one day. Will that be considered wash sale as I'm new to this so any advice would be appreciated
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