Replying to Avatar Menno Reitse Bouma

In the current system: no. But in the proposed new system which the original post is about, you will be able to carry forward losses to future tax years. So if you realize a loss in year 1 and a gain in year 2, you can carry the loss forward and pay less or no taxes (depending on the exact amounts of loss & gain) in year 2.
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sister_sam 13h ago

So losses only count if realized but gains count against you even if you never made a penny off those unrealized "gains"? Not exactly equitable to say the least.

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Menno Reitse Bouma 13h ago

No, my bad, I should not have used the word "realize" there. If you have a loss in year 1 (whether realized or not) and a gain in year 2 (again, whether realized or not), you can carry forward the loss from year 1 to year 2.