I realized capital losses last year on many stocks, including PYPL, DIS and BABA and I might realized more losses by end of this year on ENPH, NIO and GM. On the other hand, I have unrealized gains on stocks I bought last year close to bottom, including AAPL, MSFT, GOOGL and AMD. I do not want to sell my winner because I believe in those stocks for long term. So I now have large realized capital losses with little capital gains. I cannot recover these losses if I do not sell my winners.
Should I create a separate small account for short term investment to buy and sell stocks to recover these losses? I know it might take years but I am ok with that.
Any suggestions?
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