6 ms·
It really isn't.
by f2ostie 5y ago
It really isn't.
- fighterpilot 5y agoA single gamble in a liquid stock has an expected cost of 0.2%-1.0% of the notional value, due to crossing the bid-ask spread twice, which is smaller than casino margins. So it is better in terms of expected costs if we're comparing 1 daytrade gamble with 1 casino gamble.