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

    trading=make money to feed our families , give to charity, buy goods and services ( put money back into economy), pay taxes, provide jobs to 10s of thousands in the online brokerage community, information technology community, and accounting community. Provide liquidity so the so called "non...
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    Kiss Your Job GoodBye

    I remember those days and u actually new which way the stock was going to move on the level 2! U knew it was gonna move a few levels and your gonna make! Ahh the good old days! The old green instinet box!
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    Serious Tax Issue

    Well Said WILT! I am with you on the IRS
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    Serious Tax Issue

    Check with the accountant but unfortunatley I have been thru the same thing. I never put money aside for taxes back in 03 when I was day trading . Then I lost it all and then some on some energy naked calls . I owed and still pay on it. I owed for the last quarter about 50k and I am still paying...
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    Kiss Your Job GoodBye

    If my math is correct even with 1/8 spreads say u traded a 100 shares of a 100 dollar stock you would need to make atleast 1/2 a point on every trade just to break even on the trade not including commissions and fees just the tax. So every trade you did you would need to make 1/2 point there to...
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    Kiss Your Job GoodBye

    Well I do not think they will get it passed just yet, they need to look into it as John Mack said, but anyways they only mentioned stocks and bonds lets see if futures are thrown in with it. For now I am trading FX until all this crap calms , down. Now I am glad they dont have a central exchange!
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    Kiss Your Job GoodBye

    Yes so they day 90% of the daytraders lose money and as you say 100% marketmakers make money. But then there goes a shitlaod of reveune, from the daytraders with all the volume, less volume less market maker jobs, , less volume no need for 10000s of jobs in the financial instituions and back...
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    Kiss Your Job GoodBye

    Well for one thing the transacation tax was brought up bt Barney Frank and some other others in a sense of another sec fee or tax on profits on financial insitutions as well as the transaction tax we are all afraid of. It was brushed over quickly and as for the government , Frank and Pelosi(she...
  9. R

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

    Yeah crap gets mulled over usually from the very left leaning. In the case of the US it was Defazio, who is pretty out there anyways. So not worried until there is something to be worried about.
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    Need advice about GFT

    Yeah it seems no one broker is perfect but gft seems pretty good so far, I use gain as well just to do my trades at tradestaion(ts uses gain for FX) So I can get the free charting! I think gain sucks
  11. R

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

    Good to see the articles to keep us apprised of the situation. The good thing is that this is not definate in Germany only something that might come up on the manifesto also the article states that Merkels government is way ahead in the polls so thats nice to hear as well. Frankfurt is trying...
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    Need advice about GFT

    I use gft as well, the platform is pretty good and relaible. Never had I had an outrageous spike like the fxcm spikes I hear about or other firms. Its pretty smooth sailing, the spreads do not widen during any news time. I just wish they had better graphs, I use tradestation to graph. Overall...
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    FX traders...are you ready for "Stimulus" SOARS/TANKS?

    look at the percent the pairs are up or down , no pounding at all, and its not even a big range, settle down
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    FX traders...are you ready for "Stimulus" SOARS/TANKS?

    Been trading fx the same thing as always since u keep asking everytime u post a new one of these posts. Are you going to stick with one and trade it?
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    Tradestation logon Feb. 15.

    Yeah I am sure its maitenence, but the least they can do is post something to that effect. I thought my money was gone:)
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    Tradestation logon Feb. 15.

    Yeah ditto on the logon problems, says UNABLE TO ACCESS ACCOUNT.
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    FX traders...are you ready for "Stimulus" SOARS/TANKS?

    Increasenow, calm it down you started this same thread already before and didnt get great answers. This bill was known to get passed it is no secret, so big deal. Stop all the hype already
  18. R

    stimulus passed..HUGE MOVES: sunday/monday in forex and futures & tues in stock marke

    The market knew this was gonna pass, and it was looking forward to it these past few weeks. Now that the market has nothing to grasp and look forward to it might start going down until it sees something come out of this.
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