Re:What Business is Wall Street In?
by lmm on Friday September 21, 2012 @01:04PM
(#4554560)
I find it hard to believe the overhead of doing that comes to more than $.24/share.
It does mean the market demands more knowledge; it's more sensitive now, so you can no longer do a buy or sell "at market" and expect a good price. But even if you don't know how to play the market you can go through a broker and still pay far less than you would've in the "good old days".
It does mean the market demands more knowledge; it's more sensitive now, so you can no longer do a buy or sell "at market" and expect a good price. But even if you don't know how to play the market you can go through a broker and still pay far less than you would've in the "good old days".