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    1/4% Tax on all stock trades pushed in NY Times today

    time to dismiss this thread we all had some good laughs and valid arguments and angles but this tax is never ever gonna happen. they will drop the tax in the uk before we implement one here. anyone care to wager on this
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    Crash after 1/4% transaction tax? Don't bet on it!

    all i can say on this is the U.S. is turning into a 3rd world country. we cannot think for oursevles anymore. we are very lazy and just give breaks to the immigrants and the poor and expect the rich to just keep paying higher taxes. that is the answer to everything now tax tax tax. a compitent...
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    1/4% Tax on all stock trades pushed in NY Times today

    i have said it once and i will say it again, if you are trading for yourself from home with no affilation with a b/d pure retail there may be cause for concern. my advice get affiliated with a b/d who is a member of either the nyse, cboe, cbot, phlx, any exchange. those are where the exemptions...
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    1/4% Tax on all stock trades pushed in NY Times today

    exactly this guy anaconda is living in the stoneage, he thinks the little guy will be put out of business. i have a few buddies who trade the lse at will and are exempt and they are not the quote big guy. just an avg joe who got the exemption because their firm is a member of the lse case...
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    1/4% Tax on all stock trades pushed in NY Times today

    good read http://siteresources.worldbank.org/DEC/Resources/23661_chap_11_taxation.pdf
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    1/4% Tax on all stock trades pushed in NY Times today

    not for nothing anaconda but you sir are a jackass, i trade over 2 million shares a month are you trying to say that a firm is not gonna want my 5 to 10k a month religiously every month. and im a light volume trader how bout those boxes pumping 100k a month in fees or more. yeah i dont want that...
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    1/4% Tax on all stock trades pushed in NY Times today

    for one thing we worry about what the big guys are doing not the other way around. if you think the big houses gave a shit of what the little guys quant box is doing or how this trader is scalping the eminis than im glad i am a little guy. but like you pointed out maybe im just being too naive.
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    1/4% Tax on all stock trades pushed in NY Times today

    its very simple hes no genious became a member of the firm trades at will exempt from that garbage tax. not rocket science. if it came to be here in the us same rules would apply. just go back to the pdt rule came out then bang a way around it. the people that do business are alot smarter than...
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    1/4% Tax on all stock trades pushed in NY Times today

    the lse is thriving because the prop firms over there are exempt because they are exchange members. same would be the case here in the states. unlicensed traders would have to go for their licenses or become members one way or another. a definate attempt to get rid of the little guy, but like...
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    1/4% Tax on all stock trades pushed in NY Times today

    i agree catch 22 for the govt. money can be taxed but also the loss of taxable income as well. just to let everyone know and calm fears i have a friend who trades prop in the uk and he laughs everytime i bring this up because he always says just follow the smell of money the powers to be are...
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    Cox should be hanged for X the uptick rule

    the uptick rule was a great way to see if a trader was holding up his bid and whacking everything under it, you cant do that now with regnms, but if you really wanted to get short on a downtick just cross the market with arca and bamm you put on a short no questions asked, no need to wait for an...
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    Repeal of the Uptick Rule: A Planned Program to Obliterate the Stock Market

    the uptick didnt matter if you wanted to get short you didnt need an uptick. all you had to do was cross the market with arca and you would get the shares short. i wish the uptick rule would come back it was a dead giveaway that a guy was holding the stock up with a downtick and would hit all...
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    15B for the Automakers

    if its not broke dont fix it, well its broke so lets fix it by cleaning out the dead wood and start fresh with some free thinkers who have their eye on the prize. in this country you should be paid by performance in my eyes unless you work for the state or are a teacher, police officer etc...
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    china really sacking up

    http://www.javno.com/en/economy/clanak.php?id=206711 sorry previous bad link this one works
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    china really sacking up

    htt p://www.javno.com/en/economy/clanak.php?id=2... hmmmmmm is there a bottom in sight
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    bankruptcy laws...

    very true and valid points, a very shrewed consumer knows how to play the credit game. pay all of your secured debts house, car, utilties things you need. next take your unsecured debts run em up and bail. you dont even have to claim bk just make sure you wont need credit for the next several...
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    Velez Capital

    if im you i wait until the tuition goes up to 13k from 9lk. take the class then because to me to raise the tuition by about 40% there is probably a holy grail type of situation that you cant get with the 9k education. also i am assuming you will get 85k to trade with for life, its only fair...
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    Velez Capital

    why not put up 5k at another prop firm and keep 100% and get 200k in bp instead of 50k. and by the way you are taking losses 9k right off the bat. but hey you are getting 5-1 lev and a 50/50 split, what year is this 1998
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    MF, TMA, SOLF -- ready to pop?

    i am long solf from 12 so way out of money too, but they are the cheapest out of the solars, i think it has more to do that they are a china company than it does going forward.
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    Mark Cuban pushes for 20 cents per share tax on every roundtrip.

    yes but there are groups who daytrade the lse and avoid paying the stamp tax. they are prop traders who are also members of the lse. they can make round trips at will, same would apply here in the us you can take that to the bank
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