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Investor in Stocks / Ordinary Income Loss


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I understand that there are some stock traders who are not limited by the $3,000 annual loss in the event that they are professional traders and trade their own money as a business. I have been doing some reading and see that there are some traders who make an election to mark their market their account at the end of each year. This requires making an election as such the prior year. 

Are there any other instances where a stock trader would not be limited to the $3,000 loss?

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