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    Apple rejects court order to help FBI unlock San Bernardino gunman’s phone

    What liberties at the time of war?
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    Finding investors to start a hedge fund

    They can't demand the impossible from everybody. ;-)
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    Would Bernie Sanders Kill Trading As We Know It?

    High risk investment opportunities, that's what I mean. Plenty of investment opportunities for the middle class, including active investments like starting your own business, that will make you super rich. Is it still nonsensical?
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    Finding investors to start a hedge fund

    1. I believe the law is for the hedge funds to disclose the risk to the investors. 2. I also believe that when family members are not aware of the risks this is b/c they were not sufficiently disclosed. 3. Unhappy investors will destroy your business anyway. So not much of a difference.
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    Finding investors to start a hedge fund

    Do you think strangers would be more benevolent to you losing their money than your family members?
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    Would Bernie Sanders Kill Trading As We Know It?

    This's a matter of legal restrictions that need to be lifted. And yet, notwithstanding all this, there are plenty of other high risk opportunities for the middle class.
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    Would Bernie Sanders Kill Trading As We Know It?

    Why? There is no law of physics that forbids the middle class to invest like the rich. It's called crowdfunding. Plus publicly traded companies offer plenty of opportunities at affordable price. Not sure what you are getting at.
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    Would Bernie Sanders Kill Trading As We Know It?

    "Capital" by K Marx? Poor people can't catch up with anything. But middle class ppl if invested will do just fine.
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    Would Bernie Sanders Kill Trading As We Know It?

    Interesting statement. What would be "honest distribution of wealth" and why?
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    Would Bernie Sanders Kill Trading As We Know It?

    The less efficient is the market, the higher are the profit margins.
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    Would Bernie Sanders Kill Trading As We Know It?

    With the skills and talents like yours I would go for 2 points without further delay.
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    Would Bernie Sanders Kill Trading As We Know It?

    He is not anti-capitalist? Sure. He needs capitalists to squander their hard earned money.
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    Would Bernie Sanders Kill Trading As We Know It?

    Are you saying that you make 1 point per 1 round every day consistently trading ES? Good for you.
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    Would Bernie Sanders Kill Trading As We Know It?

    The ignorance and anti-capitalist nature of politicians like Sanders must be exposed anyway. If not Sanders then some one else might catch the virus of this dangerous idea.
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    Would Bernie Sanders Kill Trading As We Know It?

    0.005% is just to test the waters. The wiki article is a good indication of the expected ballpark range of FFT. As far as I am concerned even 1c is too much.
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    Would Bernie Sanders Kill Trading As We Know It?

    1.85% * 250 trading days = 462% annually. This is way more than $500 of capital.
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    Would Bernie Sanders Kill Trading As We Know It?

    Here is what he is pushing for: https://en.wikipedia.org/wiki/Financial_transaction_tax#United_States
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    Would Bernie Sanders Kill Trading As We Know It?

    I am saying it's going to kill day trading of equities.
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    Would Bernie Sanders Kill Trading As We Know It?

    I respectfully disagree. From wiki: .025%–.5% tax on stocks, .025%–.1% tax on bonds and .005%–.02% on derivatives My calculations are exact for unleveraged stocks.
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    Would Bernie Sanders Kill Trading As We Know It?

    With let's say 0.5% transaction tax, 1 round trip a day and $1000 of capital, the FFT = $1000 * 2 * 0.005 * 250 trading days a year = $250. This is 25% of capital goes to taxes before any profits are made. I don't believe there are many traders that make consistently way above 25% a year. Even...
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