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Ridiculous? Outrageous.

No idea what you mean. Bernie is not sophisticated enough to care about such fine details. His tax will push out of existence even those who make just one trade a day. Did you try to do back of envelope calculations?

FFT is per transaction, whether it's one transaction or 10000 transactions in a day. No way to distinguish between them.

Transaction tax is a tax on someone who is too old to find a job but saved some money to supplement their income by participating in capital markets. The older people are usually people with money and they will have to pay for Bernie's freebies.

I remember etrade charging something like $19.95 per trade not the number of shares. I remember in 1998 Scottrade launched $7 commission trading. When online commissions were $20-$30 per 100 shares and what broker was that?

The old out of workforce & retired with some savings put away has to pay.

Could you ever imagine that a strong headed Marxist like Bernie would run for the US presidential office? You would have said "Never going to happen" some 20 years ago.

Bernie does not care about your profits. Your mere intention to make profits for yourself is taxed. Do you pay right now $29 in commission for trading 1 contract? What is the confusion? But the irony is only compulsive gamblers are going to make money for the govt. Smart traders start trading...

I hope you are right but its always hard to predict what the corp bureaucrats might decide. From time to time they make bad business decisions too.

Tos future is uncertain.

You friend should know better.

You seem to be gambling away your hard earned money. Invest not trade.

Do you have any income outside of trading?

Deal with Iran now, or deal with Iran later.

"Iraqi insurgents"? Why not just call them "freedom fighters"? How come you understand Iranian motives and motivations better & more profoundly & sympathetically than of your own country?

And nevertheless they bankrupted the country and lost the cold war in the end.

Had you backtested it?

What makes you think you are going to be successful? Otherwise I feel bad for your money.

Why? You think Iran is not at war with US yet?