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Business, Economics & Tax Policy 6.0: Nope, it only found woven strands

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  • Re: Business, Economics & Tax Policy 6.0: Nope, it only found woven strands

    Originally posted by unofan View Post
    Put a penny/share tax on all trades. Exempt transactions that qualify as long term gains. That'll stop a significant portion of the high frequency trading over night.
    That also already exists, although not at the specific rate you have requested. It's called the SEC fee, and is applied to the seller.

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    • Re: Business, Economics & Tax Policy 6.0: Nope, it only found woven strands

      Originally posted by unofan View Post
      Put a penny/share tax on all trades. Exempt transactions that qualify as long term gains. That'll stop a significant portion of the high frequency trading over night.
      One thing that lawmakers should consider- if a Vegas casino would not allow some kind of behavior in their gambling houses, perhaps neither should wall st. There's too much gaming of the system. (pun intended).

      It's stunning how there are SO MANY ways that people can make bets in the "stock market". And when they screw the pooch, the rest of us really suffer.

      Comment


      • Re: Business, Economics & Tax Policy 6.0: Nope, it only found woven strands

        Originally posted by unofan View Post
        Put a penny/share tax on all trades. Exempt transactions that qualify as long term gains. That'll stop a significant portion of the high frequency trading over night.
        I work with a guy that used to write proprietary high frequency trading software. He admits it adds nothing of value to society, and he wasn't really happy with the work and didn't stick around too long. This was a while ago.

        He thinks they should add a random delay on each transaction. It doesn't even need to be huge, but he says the randomness would be enough to disrupt the algorithms.

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        • Re: Business, Economics & Tax Policy 6.0: Nope, it only found woven strands

          One key to remember with the sell-off: For every transaction, there must be a buyer and there must be a seller. Who made the big profit? I've been hearing the Rothschilds have been selling quite a bit lately...

          Comment


          • Re: Business, Economics & Tax Policy 6.0: Nope, it only found woven strands

            Originally posted by BassAle View Post
            He thinks they should add a random delay on each transaction. It doesn't even need to be huge, but he says the randomness would be enough to disrupt the algorithms.
            That is a great idea. It would also f-ck the "I'm richer so I'm faster so I take precedence" bastids.
            Cornell University
            National Champion 1967, 1970
            ECAC Champion 1967, 1968, 1969, 1970, 1973, 1980, 1986, 1996, 1997, 2003, 2005, 2010
            Ivy League Champion 1966, 1967, 1968, 1969, 1970, 1971, 1972, 1973, 1977, 1978, 1983, 1984, 1985, 1996, 1997, 2002, 2003, 2004, 2005, 2012, 2014, 2018, 2019, 2020

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            • Re: Business, Economics & Tax Policy 6.0: Nope, it only found woven strands

              Originally posted by Kepler View Post
              That is a great idea. It would also f-ck the "I'm richer so I'm faster so I take precedence" bastids.
              Or you could just use limit orders and not hose yourself.

              Comment


              • Re: Business, Economics & Tax Policy 6.0: Nope, it only found woven strands

                Originally posted by BassAle View Post
                I work with a guy that used to write proprietary high frequency trading software. He admits it adds nothing of value to society, and he wasn't really happy with the work and didn't stick around too long. This was a while ago.

                He thinks they should add a random delay on each transaction. It doesn't even need to be huge, but he says the randomness would be enough to disrupt the algorithms.
                in michael lewis's book flash boys, thats pretty much what a group of bankers from a canadian bank did with a system they called thor.
                "Look to the end, no matter what it is you are considering. Often enough, God gives man a glimpse of happiness, and then utterly ruins him"

                -Herodotus

                Comment


                • Re: Business, Economics & Tax Policy 6.0: Nope, it only found woven strands

                  Originally posted by BassAle View Post
                  I work with a guy that used to write proprietary high frequency trading software. He admits it adds nothing of value to society, and he wasn't really happy with the work and didn't stick around too long. This was a while ago.

                  He thinks they should add a random delay on each transaction. It doesn't even need to be huge, but he says the randomness would be enough to disrupt the algorithms.
                  That's actually kind of brilliant in its simplicity.
                  Code:
                  As of 9/21/10:         As of 9/13/10:
                  College Hockey 6       College Football 0
                  BTHC 4                 WCHA FC:  1
                  Originally posted by SanTropez
                  May your paint thinner run dry and the fleas of a thousand camels infest your dead deer.
                  Originally posted by bigblue_dl
                  I don't even know how to classify magic vagina smoke babies..
                  Originally posted by Kepler
                  When the giraffes start building radio telescopes they can join too.
                  He's probably going to be a superstar but that man has more baggage than North West

                  Comment


                  • Re: Business, Economics & Tax Policy 6.0: Nope, it only found woven strands

                    Finally tracked down the delta on our pay from the tax changes. Dr. Mrs. and I did great, which is yet another reason why the whole thing is a Heist.

                    But I would like to thank all those poor dumb Rust Belt xenophobes for destroying their social safety net while enhancing our retirement. I will be making extra donations to Planned Parenthood, SPLC, and Greenpeace specifically in your names. Bless your heart.
                    Cornell University
                    National Champion 1967, 1970
                    ECAC Champion 1967, 1968, 1969, 1970, 1973, 1980, 1986, 1996, 1997, 2003, 2005, 2010
                    Ivy League Champion 1966, 1967, 1968, 1969, 1970, 1971, 1972, 1973, 1977, 1978, 1983, 1984, 1985, 1996, 1997, 2002, 2003, 2004, 2005, 2012, 2014, 2018, 2019, 2020

                    Comment


                    • Re: Business, Economics & Tax Policy 6.0: Nope, it only found woven strands

                      I'm done with greenpeace. I have been since I found out they damaged the Nazca Lines during a protest. Seriously, **** those guys.
                      Code:
                      As of 9/21/10:         As of 9/13/10:
                      College Hockey 6       College Football 0
                      BTHC 4                 WCHA FC:  1
                      Originally posted by SanTropez
                      May your paint thinner run dry and the fleas of a thousand camels infest your dead deer.
                      Originally posted by bigblue_dl
                      I don't even know how to classify magic vagina smoke babies..
                      Originally posted by Kepler
                      When the giraffes start building radio telescopes they can join too.
                      He's probably going to be a superstar but that man has more baggage than North West

                      Comment


                      • Re: Business, Economics & Tax Policy 6.0: Nope, it only found woven strands

                        Originally posted by dxmnkd316 View Post
                        I'm done with greenpeace. I have been since I found out they damaged the Nazca Lines during a protest. Seriously, **** those guys.
                        Let's see... save the planet on one hand vs...

                        Yeah, I'm still good.
                        Cornell University
                        National Champion 1967, 1970
                        ECAC Champion 1967, 1968, 1969, 1970, 1973, 1980, 1986, 1996, 1997, 2003, 2005, 2010
                        Ivy League Champion 1966, 1967, 1968, 1969, 1970, 1971, 1972, 1973, 1977, 1978, 1983, 1984, 1985, 1996, 1997, 2002, 2003, 2004, 2005, 2012, 2014, 2018, 2019, 2020

                        Comment


                        • Re: Business, Economics & Tax Policy 6.0: Nope, it only found woven strands

                          There are better places to put your money if you want to save the planet.
                          Code:
                          As of 9/21/10:         As of 9/13/10:
                          College Hockey 6       College Football 0
                          BTHC 4                 WCHA FC:  1
                          Originally posted by SanTropez
                          May your paint thinner run dry and the fleas of a thousand camels infest your dead deer.
                          Originally posted by bigblue_dl
                          I don't even know how to classify magic vagina smoke babies..
                          Originally posted by Kepler
                          When the giraffes start building radio telescopes they can join too.
                          He's probably going to be a superstar but that man has more baggage than North West

                          Comment


                          • Originally posted by Kepler View Post
                            Finally tracked down the delta on our pay from the tax changes. Dr. Mrs. and I did great, which is yet another reason why the whole thing is a Heist.

                            But I would like to thank all those poor dumb Rust Belt xenophobes for destroying their social safety net while enhancing our retirement. I will be making extra donations to Planned Parenthood, SPLC, and Greenpeace specifically in your names. Bless your heart.
                            Same. I’m coming out better. Money going to dog shelters and planned parenthood

                            Comment


                            • Re: Business, Economics & Tax Policy 6.0: Nope, it only found woven strands

                              Originally posted by dxmnkd316 View Post
                              There are better places to put your money if you want to save the planet.
                              Who said which side I'm on?
                              Cornell University
                              National Champion 1967, 1970
                              ECAC Champion 1967, 1968, 1969, 1970, 1973, 1980, 1986, 1996, 1997, 2003, 2005, 2010
                              Ivy League Champion 1966, 1967, 1968, 1969, 1970, 1971, 1972, 1973, 1977, 1978, 1983, 1984, 1985, 1996, 1997, 2002, 2003, 2004, 2005, 2012, 2014, 2018, 2019, 2020

                              Comment


                              • Re: Business, Economics & Tax Policy 6.0: Nope, it only found woven strands

                                Nuke the whales?
                                Code:
                                As of 9/21/10:         As of 9/13/10:
                                College Hockey 6       College Football 0
                                BTHC 4                 WCHA FC:  1
                                Originally posted by SanTropez
                                May your paint thinner run dry and the fleas of a thousand camels infest your dead deer.
                                Originally posted by bigblue_dl
                                I don't even know how to classify magic vagina smoke babies..
                                Originally posted by Kepler
                                When the giraffes start building radio telescopes they can join too.
                                He's probably going to be a superstar but that man has more baggage than North West

                                Comment

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