You pay the spread and you also have impact in the market. | Hacker News

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		maest on Jan 16, 2025 \| parent \| context \| favorite \| on: I have made the decision to disband Hindenburg Res... You pay the spread and you also have impact in the market.

intuitionist on Jan 16, 2025 [–]

If you’re trading US large-cap stocks at low frequency these are not really material costs for even a wealthy retail investor. Certainly not next to taxes.

eru 12 months ago | [–]

The spread is a material cost, but the market impact is negligible for retail investors, yes.

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