Mark Cuban pushes for 20 cents per share tax on every roundtrip.

Quote from Susannah:

:confused: GermanTrader?

Just trying to get things stirred up around here?

Quote from you on 9/9 from another thread:

http://www.elitetrader.com/vb/showthread.php?s=&postid=2059910&highlight=scalp#post2059910

Disagree. I began trading two contracts of eminis with $1,500 and would do it again tomorrow. I scalp seconds to minutes, do not hold long and never go overnight, so drawdowns are not an issue. I use hard stops and hard profit limits. I am glad I started with a broker who imposed overnight margin on intraday futures, so I could learn with a large safety net. However, after one has a system proven and money management well in hand, there is no reason not to leverage your account to the intraday maximum. I now use a $300 margin on eminis and have yet to see a margin call. It's been 8 years. The warnings against low margins are for beginners only.
More...

Yes Susannah, it's Monday and half of the usual posters are still asleep. What is your question?
 
Quote from GermanTrader:

I will not feel much impact of this tax because I am not a scalper.
More...

GermanTrader, why do you always respond in threads to what effects you? No one gives a shit if you will feel the impact of this tax.
 
Quote from drukes1234:

GermanTrader, why do you always respond in threads to what effects you? No one gives a shit if you will feel the impact of this tax.
More...

Susannah quoted an old post, which was not targeted at this tax issue. I asked her if she had a question. What about you, do you have a point to make about this tax, or are you just jumping on a bandwagon?
 
Thank you very much Libertad and Osorico for your intelligent and on topic posts.

I would love to call out the hypocritical trolls on the thread, but there are just far too many of them.

Happy Monday! :D
 
Quote from GermanTrader:

Susannah quoted an old post, which was not targeted at this tax issue. I asked her if she had a question. What about you, do you have a point to make about this tax, or are you just jumping on a bandwagon?
More...

You can take a look at my over 20 posts on a prior thread regarding the transaction tax to see my take on it.
 
Guys, rebuttal brings up some of the best points sometimes. Plus, it's kind of fun to pull people's strings. GermanTrader said he didn't scalp, I was bringing up that that is all he does, in fact. He was stirring up the pot to see if anyone would add anything constructive by him doing it.

Get your tailfeathers unruffled.
 
Quote from Susannah:

Guys, rebuttal brings up some of the best points sometimes. Plus, it's kind of fun to pull people's strings. GermanTrader said he didn't scalp, I was bringing up that that is all he does, in fact. He was stirring up the pot to see if anyone would add anything constructive by him doing it.

Get your tailfeathers unruffled.
More...

If all I did was scalp anymore, why would I be waiting two hours for a trade to close for ten points?

Success. :p
 
You must log in or register to reply here.
Back
Top