Excess Returns  cover image

An In Depth Look at Momentum Investing and Trend Following with Jack Vogel

Excess Returns

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What's the Scale of Transaction Costs?

Investors need to be cognizant of the transaction costs, both direct and indirect, associated with running momentum strategy. So my general take is, of course, transaction cost matter, right? Right? Just like, you know, if you're going to flip a house every like, ten days, and you have to pay six % commission, you're probably not going to make any money unless you're returned from a hir,. That's what i look at numerous studies on this topic.

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