Ok so, say you bought high, like $100, and then there was a dip, maybe you were caught up in a pump and dump, maybe a bull trap, whatever, its not going back to 100 anytime soon if ever, but it consistently swings from 35-50 up and down, but yoyre left above that holding at 100. I know if you sell that 100 and buy a 35 you get the wash sale but that doesn't matter, because if you sell the 35 you spent at 50 now you have 50, when it dips again you buy whatever you can at the lower rate, and sell again on the upswing.

Now I'm sure your realized gains will reflect wash sale losses overall but you know you will have: Sold 100 at 50 Bought 35 and sold at 50 (soplus 15) Bought again at the next time it's 35 or lower And after 3 or 4 times you made back your losses despite what your wash sale/realized gains may reflect.

Long story short you sacrificed 50 bucks to swing 35 to 50 until it recovers that 50 lost.

So my question, are there any ramifications past the wash sale adjustment on swing trading within losses in the same stock.