I'm only talking about intraday trading - FC wasn't caused by IPOs or dividends or other corporate actions. Whether you're taking profit or not doesn't matter -

I'm only talking about intraday trading - FC wasn't caused by IPOs or dividends or other corporate actions. Whether you're taking profit or not doesn't matter - it's in the past. You lost the opportunity to close at a better profit at the end of the day - that's a relative loss.