Wash sales - please help me understand

Very simple scenario You trade the same stock 50 times a day for 11 months. You win some, you lose some. Your total gains equals your losses for this single stock. You also don’t trade for 31 days starting November 30th. What happens to the wash sale disallowed losses? Supposedly they are carried forward to the cost basis of the next stock purchase. Long story short. In this scenario, will I have a large amount of disallowed losses and yet still have to pay capital gains tax at the end of the year? Edit: all positions are closed in November and stay closed.