Let me mention a calculation you might not have considered, but it's absolutely true:

Assuming you are doing contract trading with 100 times leverage:

Opening and closing a position once incurs a fee of one thousandth (0.001). Don’t underestimate this one thousandth.

If your principal (margin) is 1,000 USD, 100 times leverage means you control a position of 100,000 USD. For this buy and sell, the fee is 100,000 * 0.001 = 100 USD!

Even if you only make 3 trades a day, the fees would be 300 USD.

In a month? 300 * 30 days = 9,000 USD!

At the end of the year? 9,000 * 12 = 108,000 USD! You have a principal of 1,000 USD, and you might spend over 100,000 USD just on fees in a year! That's enough to buy a good car, right?

Spot trading is the same, with a principal of 100,000 USD:

Currently, platform fee rates generally range from slightly over one thousandth to two, calculated at 0.2% (which is already low).

For a buy and sell, completing one transaction incurs a fee of 0.4%.

For a principal of 100,000 USD, the fee for buying and selling once is 400 USD.

If you are an active trader and trade three times a day, that's 1,200 USD a day.

After a month, that totals: 36,000 USD!

In a year? 432,000 USD! Over four hundred thousand dollars gone! What can't you do with that money?

This is why many brothers work hard to trade, watching their account funds fluctuate, only to find that they can't make money and even lose money! Because you are trading at break-even (buying and selling but the price remains the same), the fees alone could consume several times or even dozens of times your principal in a year! If the market fluctuates and you lose a bit more, think about how scary that is?

So what should we do? The core is: increase income and reduce expenses.

Thrift: Fee discount

Using BNB to offset fees (a feature from Binance) can save you some money; this step you can handle yourself.

Increase income: commission sharing

This is the key point I urge you to consider seriously. Binance has an official commission rebate program.

Simply put: if you register, open an account, and trade using my exclusive link, a portion of the fees you pay will be returned to me by Binance (equivalent to a reward for referring you).

What I am doing now is very simple: I take most of the commission I receive from Binance and directly share it with you! This means the fees you paid are effectively returned to your own pocket!

This money is not an extra payment from you; it is the commission given to me by Binance, which I share with you! It's the cashback from the fees you paid!

This is not some vague concept; it is real money that can be deposited into your account every month or periodically.

For example, in your previous contract example, if a month generates several thousand or even tens of thousands of USD in fees.

I proportionally share the commission I receive with you; you might get back several hundred to several thousand USD in a month.

This money can be taken out to improve your life, supplement household expenses, or serve as bullets for your next trade, allowing you to attack and retreat.

If you make a profit: the commission sharing is pure profit. If you incur a loss: the commission sharing can effectively compensate for the speed of your account's losses, which effectively increases your survival ability, allowing you to survive.