Tax loss harvesting?

[earthtodan]

I just sold my 200 shares of TD for an 11% loss and replaced them with 145 shares of BMO for the same dollar amount. Since the Canadian banking sector tends to move in tandem, I'll keep my exposure and switch back in a couple of months depending on the price action. I chose BMO because it has a high amount of US exposure, like TD (per R2R's charts).

Trading was frictionless thanks to MerrillEdge.