XpresSpa Group Inc (XSPA)

[Notuncoolish]

You can still offset losses against gains regardless if you are a trader.

You can only claim a loss of $3K, however if you had several trades over the year and lets say had $25K in gains and $17K in losses, your net gains are $8 (wash rule excluded)

But if you just want to take a loss, lets say you lost $10 for the year, you can only take $3K this year, however you can use that $7K in the years to come for losses.

That's how I understand it, and is done by my tax dude.