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I am thinking to file for the mark to market trading account but I do not like FIFO. Is FIFO part of mark to market accounting?

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    Is this a tax question? Country should be specified. – Chris W. Rea 2 days ago
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FIFO or LIFO or by-lot has no impact or consequences if you use mark-to-market - all your investments are treated as fully “sold” as of Dec/31 for tax considerations.
It wouldn’t matter in which sequence you sell if you sell all of them.

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