as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
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what is high trading volume in a stock indicative of? is high liquidity a good thing or a bad thing?
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stocks with a low average daily trading volume ("thinly traded stocks") will also tend to have higher spreads. so you'll tend to pay more when you buy and get less when you sell.
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