Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

Warpy

(114,671 posts)

1. No, not doing fast trades. We're defeated before we start

Reply to MindMover (Original post)

Sat Feb 16, 2013, 03:56 AM

Feb 2013

because high volume rapid trading also affects stock prices.

This is why we need a per transaction tax. Often the mount gained in a single trade is minute. Add them up to thousands per hour and the pennies add up to millions.

Taking the profit out of them is the only way to stop this.

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

4 replies

= new reply since forum marked as read

Highlight:

Trading Shares in Milliseconds [View all] MindMover Feb 2013 OP

No, not doing fast trades. We're defeated before we start Warpy Feb 2013 #1

Seems to me that the big hedgefunds COULD manipulate the markets JDPriestly Feb 2013 #2

A Transaction Tax like Europe would eliminate or reduce this graft sfpcjock Feb 2013 #3

They aren't markets ... GeorgeGist Feb 2013 #4