Do large banks and institutions use TA to profit?

Kenneth Rogoff, Professor of Economics and Public Policy at Harvard University, and formerly Chief Economist at the IMF, argues that "Higher transactions taxes increase the cost of capital, ultimately lowering investment. With a lower capital stock, output would trend downward, reducing government revenues and substantially offsetting the direct gain from the tax. In the long run, wages would fall, and ordinary workers would end up bearing a significant share of the cost. More broadly, FTTs violate the general public-finance principle that it is inefficient to tax intermediate factors of production, particularly ones that are highly mobile and fluid in their response.

http://blogs.reuters.com/great-debate/2011/10/03/the-wrong-tax-for-europe/

One thing we can all agree on, right?

Yes, absolutely correct! By the way, my wife Dr. Anna is said to be one of the top authorities on FTT -- we traveled around the world several years ago presenting her research----

This is why I can speak with some authority on the subject-- been to enough conferences and one on one chats!! LOL
 
Relax. If it's a great thread, readers will find it without your having to pimp it on other people's threads.

You keep stating TA does not work, the proof is in the pudding as we say. How you trade it mostly depends on money management. BTW your job is to kiss Surfer's ass, not to kick mine :)
 
You keep stating TA does not work, the proof is in the pudding as we say. How you trade it mostly depends on money management. BTW your job is to kiss Surfer's ass, not to kick mins :)

Dude, Your TA is so far behind what has actually occured it is almost laughable! You are BEHIND THE CURVE-- and don't even know it.

The good news is that you will make money--- :):cool:
 
How late is this guy to catching on? The Price Drivers nailed this a LONG time ago!

Late? What are you on about? It's not about being first in line, but about extracting profit from a forecast, don't you know that?
 
How late is this guy to catching on? The Price Drivers nailed this a LONG time ago!

You have all the specs of being a koolaid seller, you CONSTANTLY shout about your Price Drivers & talk shit about other methods, your win rate is probably about 50% and what's more importantly your money management is mostly absent.
 
Late? What are you on about? It's not about being first in line, but about extracting profit from a forecast, don't you know that?

We believe in maximizing profit, not limiting it with "traditional" wisdom--- But as a I stated, this time the move is strong enough that even Romik will make $$--- surf
 
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