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Re:“Buy and Hold” No More: The Resurgence of Active Trading by gruez on Saturday April 10, 2021 @04:48PM (#26765001)
Is it? Robinhood allows you to trade for free, but that's not the whole story. Bid-ask spreads add an implicit fee to each transaction. This is small for highly liquid stocks, but buying blue chip stocks directly also isn't exactly exciting. If you want the excitement of gambling you'd need to either use margin (borrowing fees) or options (worse spread).
Re:“Buy and Hold” No More: The Resurgence of Active Trading by hogFeast on Saturday April 10, 2021 @06:56PM (#26766028)
If you bet on a liquid market, you will pay vig of something like 1-2%. Where I am, it is actually cheaper to bet (just think about how unbelievably fucked that is...you can see why VCs want to insert themselves into that) but in the US your trade costs are probably underneath that level all-in.