By creating a tax wedge between the bidandaskprice of financial assets, the APT tax provides incentives to lengthen the average holding period of financial instruments.
The best way to protect yourself is to use limit orders when placing an order to buy or sell a stock or an exchange-traded fund. (See How Your Buy and Sell Orders Get Filled for more.) Look at the bid-ask spread and set your price limit at the bid for selling a stock and at the ask for buying a stock.