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by dragontamer 3875 days ago
Skill? I'm putting up trades as an investment. My money can't just sit around in a bank account forever, it needs to be invested to make actual gains.

All the hedge-fund managers that claim to have algorithmic trading have extremely high expense ratios. So its cheaper if I made trades myself.

I mean, its only $7 to execute a trade off of Scottrade or E-Trade. While buying a mutual fund with algorithmic trading will cost you like 50 to 200 basis points per year.

Yeah, its cheaper to trade in the raw or to just buy SPY or Vanguard funds (which are passively invested without algorithms)