Australian (ASX) Stock Market Forum

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Naturally a broker would say that it's bad having a transaction tax.

Volumes of course would decrease however there is an enquiry into algo trading which although appears to add liquidity they do infact destroy it.

Algo's have become so intelligent they can identify buyers and sellers behavioural patterns.

Brokers couldn't care less as they work on volume however for the retail player it's an unfair advantage.

Volume equals price stability but that's no good for traders.

Traders need movement and the more movement we have the less capital is needed for profit gains.


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