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No, it will not affect you. The above post is mostly correct, but it's misleading because it's from the perspective of a trader trying to make short term profit
by moreice 1y ago
No, it will not affect you. The above post is mostly correct, but it's misleading because it's from the perspective of a trader trying to make short term profits. But most of us are considered investors, we periodically buy/sell low volume of liquid ETF/funds/stocks and hold our positions for years. Market makers do collect a tiny premium for every trade, but it's irrelevant for the time horizon that investors are concerned with.
- Fade_Dance 1y agoIt may affect them. I stand by that. Since this is hackernews, I'd imagine there are a decent amount of people with low float tech stocks. Those things can be impressively squirrely. I've moved a billion dollar company 5% with a $100,000 order by being a klutz. Granted, these situations are usually in times of market stress, but these are times when for better or for worse people do need to raise personal cash on occasion.