If the same 401K investment makes average of 5% annually, 2% of the asset amount actually is 40% of the gain. The new tax takes away immediately 40% of the gain. If this gain is from a regular account, you do the same investment for annualy 5% gain, assume you pay 15% long-term capital tax, the...
This is true if the turnover rate is 100% per year. But the actual market average turnover rate is 270%, that is, the average holding period is 4 and half month.The tax is huge. 0.5% is 27% if your investment makes the same 5% gain by the average turnover rate for the year.
Just posted on another thread. It is here.
Title: A Technical Analysis of Impact of Proposed Transaction Tax
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Summary
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Want to know some detailed and interesting numbers. Please read on.
In short, the market...
Title: A Technical Analysis of Impact of Proposed Transaction Tax
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Summary
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Want to know some detailed and interesting numbers. Please read on.
In short, the market will shrink 83.5% to a level of 16.5% of total...
Yahoo! Financial. I am using Linux and automatically download from my yahoo financial account for about 2000 symbols every 2 minutes. And run my stock TA software under Linux. Fast and virus-free.
Hi neke,
Just a reminder. You owe IRS $4063.58 transaction tax for the week ended 1/17/2009 based on your trading amount (not including your option trading) of $1,625,432.00.
Hope this will never happen to you and to every traders. But it looks like the current situation is in favor of...
Just a simple calculation as Etrade example. If you are trading with ETrade or any of your brokerage, do you want to pay $146.02 to do a round trade of 1000 shares at $25.00 per share? If you do, you are more than stupid. Do not blame ETrade. If the transaction tax applies, you have to pay that...
in china, all sorts of short selling is illegal. the market still keeps going down and down from the top 6200 a year ago to current 1800. downed 70%. still not see a bottom.....
Hi,
2006 was another learning year for me. My trading skills got improved somewhat but
still a lot of work to reach my final goal.
The previous 2007 plan was not succeeded because I was unable to
tolerate higher risk trades.
Then, I did a lot of coding for more simulations and...
I had a login problem this morning before the market open. I called MBTrading. The told me to update my password and waited 10 minutes. I did so. After 10 minutes at around 9:35AM ET, it was still failed to log in. Then, I called them again. They said they server was down and would take sometime...
From 1960, DOW index in October, 61.7% of the same month October is up. The average is up 0.77%, the median is 1.0%, the worst -23.22% in 1987 and the best 10.65% in year 1982.
1987 10 -23.2159
1978 10 -8.4740
1979 10 -7.1570
1997 10...
This is easy using aq.
Here is an example. From a watch list of 2000 stocks (NASDAQ and NYSE).
If X is 100%, there is all for the week 20070917-20070921.
All syms of the week vol is 100% greater than 30/20/10 week moving average.
$ aq -Ncw...
Statistically, this is wrong. The testing result is somewhat opposite.
For NASDAQ, if Monday is down, the rest of the week from Tue to Fri, the chance of up is 59.21%. If Monday is up, the chance of the rest of the week going up is actual lower at 56.64%. For DOW, the result is similar...
You are right. Here you get the stats from Jan 1, 2002
up day rate of NASDAQ following a down day:
Mon 50.41%
Tue 55.74%
Wed 57.81%
Thu 52.89%
Fri 50.79%
up day rate of DOW following a down day:
Mon 57.63%
Tue 56.39%
Wed 60.63%
Thu 50.00%
Fri 50.77%
Wed is always the best...
At first, I think this statement is of no reason. But after I simply run an analysis. It shows the bearish trend is so obvious on Monday following a down Friday for DOW and NASDAQ.
For NASDAQ since 1984, here is the up day rate from Monday to Friday without considering the previous day up or...
It is an easy task if you know how to code and to know how to define your signals.
For my watch list of 1500 stocks, right now 11:30AM, here are stocks up at least 5% and also at least 5 times vol above 50-day MA vol.
BFAM 8.0833 7.3249
BWLD 11.7383 10.2641
CNTF...