Understanding the High Cost of Frequent Trading
In this episode of Industry Focus: Consumer Goods and as part of our "Never Will I Ever" theme week, Vincent Shen welcomes senior Fool.com contributor Asit Sharma on air to share some insight on the pitfalls of day trading.
If you trade stocks frequently, it's a good idea to understand what the "vigorish" is. According to Victor Niederhoffer, author of The Education of a Speculator, trading costs can have huge implications on your returns.
A full transcript follows the video.
Source: Fool.com
