Hi,
it seems that the Tobin Tax will come for sure in europe. Germany is stupid enough to install the tax as first country and other european countries will follow. Do you think it's still possible to be a profitable trader in spite of the transaction tax? I assume that the tax will be 0.05% for forex and you have to pay it per halfturn.
it seems that the Tobin Tax will come for sure in europe. Germany is stupid enough to install the tax as first country and other european countries will follow. Do you think it's still possible to be a profitable trader in spite of the transaction tax? I assume that the tax will be 0.05% for forex and you have to pay it per halfturn.