|
Authored by: Anonymous on Monday, September 24 2012 @ 04:13 PM EDT |
A day trade tax would slow it down some. Other posters have said the problem is
computer false trades / cancellations is also a problem because that skews the
stock system into believing a trend that might not exist. If only for a second
or two it is valuable to coerce other computer trading trigger systems into
believing a "trend". Then they pounce on the artificially induced
info. It's all about time slice control. The big boys can beat anyone to death
on compute power and location AND algs. Hence HFT cannot work as a legitimate
means to trade.[ Reply to This | Parent | # ]
|
|
Authored by: Imaginos1892 on Monday, September 24 2012 @ 05:10 PM EDT |
An even simpler one would be what Spain is contemplating -
a securities transaction tax. Impose a small tax on EVERY
buy and every sell. Even 1/10% would strangle these trading
robots that seek to skim a profit from the noise level.
--------------
Nobody expects the Spanish Inquisition!![ Reply to This | Parent | # ]
|
|
|
|
|