A Snapshot Of My Tax Loss Selling Candidates On 1st Day Of 2012 Trading

As many of you know, I sold many of my TSXV holdings into November and aggressively called for a short-term bear market into tax-loss selling season (TLS), primarily based on the effect of Euro debt on the markets.  Putting my money where my mouth is, I sold Evolving Gold and Donnybrook Energy at losses but at much higher prices, giving me the tax-loss and allowing me to re-enter at lower prices in December.

Below is a snapshot of my tax-loss selling candidates performance on Day 1 of 2012.  I didn’t list these in advance but I tweeted and posted many of them throughout December.

Some notes:

1. This is their 1-day performance.  Take their average price during kill zone Dec 15 – 23 and the annualized gains are massive
2. I didn’t buy all of these.  In fact, waiting for a compliance clarification on trading my past clients [which arose in the middle of TLS but resolved in my favour AFTER TLS was over … Errrr 🙁 ] meant that I lost out on some of the best opportunities.
3. My December junior trades were successful in Levon Resources and Focus Metals.
4. I have pending positions in Avalon (red), Evolving Gold (green) and Donnybrook (green)
5. I still like many of these at current levels … but remaining agnostic and only taking the ones that give me the best opportunities.
6. In 2011, I had a 72% win ratio (31/43).
7. I credit much of my success to my trading rules, which I posted back in May 2011 …. 10 Rules To Trade Juniors By

Last modified: July 13, 2026