Thursday, June 27, 2019

Transaction costs vs gains

World shares rise on optimism around Trump-Xi meeting
That would be step one.

That would be step two.

G-20 preview: Facing faltering economies, Trump and Xi likely to agree to a cease-fire of trade war

Here, they just give up.
At some point traders should sit this out as the transaction costs of being manipulated exceed any gains available.

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