Lesson 2: Bid, Ask, and the Invisible Cost. The spread is the price of immediacy — you pay it every round trip.
You buy a stock and sell it one second later. The price never moved. Now what?
Gut check before we find the hidden cost.
Assessment
You buy a stock, then sell it a second later — before its price has moved at all. What happens to your money?
In and out in one second. What's left? 🤔