2 ms·
Oh I didn’t realize those gains were leverage adjusted. But shouldn’t you compare to trading on margin to be apples to apples?
by garmaine 9y ago
Oh I didn’t realize those gains were leverage adjusted. But shouldn’t you compare to trading on margin to be apples to apples?
- phamilton 9y agoIn this case I'd argue that apples is "what an average person would do". That's the comparison the article is making. Millions of Americans are leveraged in their homes. Relatively few trade on margin. I think that makes it a valid comparison, even if it's not a fair comparison.