Execution and liquidity
How Trading Costs Change With Your Style
The same cost base is trivial for one trader and decisive for another. Which components dominate for scalpers, day traders, swing traders and position holders.
4 min read
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Execution and liquidity
How an instruction becomes a fill: who is on the other side, how deep the book is, and why the same order costs different amounts at different hours.
Execution and liquidity
Liquidity, and Why the Same Order Costs More at 2am
Liquidity is how much can trade near the current price without moving it. What thin books do to your fill, and why the hour matters more than the instrument.
4 min read