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Heard a guy at the diner say his broker's 'free' trades actually cost him more in the long run.
He was arguing that the higher spreads on a no-commission platform ate up his small, frequent gains, which makes me wonder if a flat fee per trade is actually cheaper for active traders.
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alice99116d ago
Oh man, my buddy learned that lesson the hard way last year.
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sethp2615d ago
Honestly, my cousin messed up his taxes pretty bad too and it just meant a late fee. How hard of a lesson are we talking? Sometimes people make it sound way worse than it really is.
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