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by nemo44x 1216 days ago
It’s parasitic.
2 comments

You can buy or sell 1 share of apple for a bid/ask spread of 1 cent today, or 0.006% of the stock price, and pay no commission to do so. There are very few other examples out there where pure competition between market participants have made things so cheap as to be indiscernible from free.

Parasites indeed

Okay, and is that bad? The entire world has systems which parasitic relationships exist that if they simply did not the entire ecosystem of live could collapse.

But here we are with 26 letters complaining on perhaps the most advanced thing humans have made because you don’t see the value of saving some money while trading.

People don’t exist to give things a way, expecting people to pay more is parasitic.