Comment by maest Comment by maest 2 months ago 2 replies Copy Link View on Hacker News You pay the spread and you also have impact in the market.
Copy Link intuitionist 2 months ago Collapse Comment - If you’re trading US large-cap stocks at low frequency these are not really material costs for even a wealthy retail investor. Certainly not next to taxes. Reply View | 1 reply Copy Link eru 2 months ago Parent Collapse Comment - The spread is a material cost, but the market impact is negligible for retail investors, yes. Reply View | 0 replies
Copy Link eru 2 months ago Parent Collapse Comment - The spread is a material cost, but the market impact is negligible for retail investors, yes. Reply View | 0 replies
If you’re trading US large-cap stocks at low frequency these are not really material costs for even a wealthy retail investor. Certainly not next to taxes.