Recent content by tortoise

My edge lies in my ability to define a trend and act on it.

EWOT is the ticket. EWOT with altitude switching, even better. Really blows the cobwebs out of your brain.

Well, that was quick.

Your website is oddly unfinished. FAQs empty, etc. Are you still in business?

I’m not sure I would expect anything below 2600.

Depends on the president, of course. Democratic candidates (including Gilliland) have staked their position in favor. Wall Street is, in fact, quietly behind it, for the very reasons you've said. As for higher timeframes, exactly. Smaller traders will be out of business but those with a larger...

Sure we do. The proposals clump together pretty well, actually. Here's one mainstream example. https://www.robinhoodtax.org/

In the spirit of intellectual honesty, you'll no doubt admit that the Section 31 fee is not remotely what FTT advocates have in mind.

Proponents of FTT appear fond of rhetorical feignts like "end of civilization as we've known it" by way of delegitimizing opposing arguments. It's not the end of anything but daytrading as we've known it. Which is precisely why it is inevitable. Consider, too, the extent to which participants...

Here's the relevant excerpt from the WashPo article, written by VP Biden's former chief economist: "A financial transactions tax (FTT): An FTT is a small — just a few hundredths of a percent — tax on securities trades. I particularly like this idea because it both raises serious revenue and...

As Specterx points out, they trade CFDs. Whether that option will be permitted here in the US remains to be seen. (Offhand, I can't think of a reason why they would be permitted for the purposes of evading an FTT.) Of course, if anything, FTT increases volatility, but the volatility argument is...

Drip-drip-drip... https://www.washingtonpost.com/outlook/2019/01/16/building-ocasio-cortez-more-progressive-ways-raise-much-needed-tax-revenues/

Old thread, I know, but I was wandering about... Caning is not a permitted punishment for those older than 49 years. You're still fit to be hanged, though. But not for getting a blow job.

Tonight, another excellent example of that dynamic at work. It never gets old. Unless you're a bear, of course.

It's different in the sense that the outcome is more susceptible to exogenous events (war, for example). Yes, a meteor could strike a horse race and alter the outcome. But that's quite a bit less likely to occur than, say, war with Iran over the next 20 months. Natural disaster, of course, is...