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again you distort. nobody said that you put up the comparison. the point is you agreed with the comparison when in reality there is little comparison between the two industries in terms of making a profit.

you have not provided numbers to substantiate. that is another tricks of snake oil salesman claiming they have presented them when they have not. your post which i quoted says they aim for a 1per cent return before the stamp tax. that is the bottom line. it makes no difference if the goal on one...

"There are tons of "day traders" and there are tons of professional hedge fund prop traders in Hong Kong alone. I know of several buddies in the market who enter positions some time in the AM session and exit hours later, aiming for >100 basis point returns and happily (well not happily) pay...

again you distort and outright lie. your response was to jtrader. " zdreg said: jtrades "Taxing a trader on a per trade basis is akin to taxing a baker for every loaf baked or a wedding photographer for every photo taken." volpunter: "Lol. That's what exactly happens. Each dollar of revenue...

long term investors couldn't care. only short term traders care.

jtrades "Taxing a trader on a per trade basis is akin to taxing a baker for every loaf baked or a wedding photographer for every photo taken." volpunter: "Lol. That's what exactly happens. Each dollar of revenue taxed. Let's forget the few loafs that do not make it onto someone's table."...

"And I never brought up any baker or comparison with a baking business. Are you retarded?' Re the original thread topic: Taxing a trader on a per trade basis is akin to taxing a baker for every loaf baked or a wedding photographer for every photo taken.

i put up the numbers that $1 turns into $3.48 based upon your numbers. you put up the ridiculous numbers that your hk hedge fund traders take gross out of the market 1% on a daily and net .05% after paying the stamp tax. as usual your response is a fabrication of reality.

don't tell others to do the research. again you made a snake oil salesman reply. you made the statement. for the umpteenth you have proven nothing. basically you enjoy wasting other people's time with dubious conclusions while not offering a shred of evidence. my guess is the top 1% of...

by comparing the trading business to the baking business not only have you proven again that you don't know the trading business but you have expanded your horizons to prove that your knowledge of the baking business is also nothing to talk about.

appealing to common sense is a tactic of last resort because of your continued failure to disprove the mathematics that show the FTT results in active traders losing their capital. where are your phantom hk traders who are taking 1% from the market on a daily basis and are keeping 1/2% after...

"your math is utter nonsense. You have way more posts than most other users. So...we all started with a count of zero likes when the feature was Introduced. If your posts contained any quality at all you should get more likes than others even if you posted less later on because most members do...

again your lack of mathematical acumen and lack of logic shines brighter than the sun. "You seem to add close to zero value on this website despite you apparently spending every waking minute on this website." this is typical of your inability to think logically. you extrapolate from false...

http://www.ft.com/intl/cms/s/0/8c5474fa-ea7a-11e4-a701-00144feab7de.html?siteedition=uk#axzz3YQDhg9F5

http://www.ft.com/intl/cms/s/0/8c5474fa-ea7a-11e4-a701-00144feab7de.html?siteedition=uk#axzz3YQDhg9F5

the correct step is to put some minimal effort to see if one can research the answer e.g. 5 minutes. then to the previous enunciated steps. it was assumed but...

kiss. ask the broker if short sale restriction rules apply to moc orders. if he says no then present your specific information if he says yes confirm it by calling an exchange.

five years have passed. how would the answers be different today?

w which dollar? maybe you should be in the singapore dollar etc. etc.?:)

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