【Principal 100U, trading back and forth 5 times a day, how much did you actually give to the platform?】
Assuming the principal is only 100U, but you are eager and want to trade contracts every day.
Average leverage of 20 times → you hold a position of 2000U
Transaction fee of 0.04%: one entry and one exit = 0.001 x 2000 = 2U
5 trades a day → 10U in transaction fees
In a month of 30 days: 10 x 30 = 300U in transaction fees
You only have 100U as principal, yet you paid 3 times your principal in fees in a month!
So do you still think your losses are due to "bad luck"?
📌 If you have rebates and get some back, that means an additional 100U in monthly cost budget,
This is the real difference in hard cash.
Remember: it's not that your trading is poor, it's that you didn't cover the invisible pitfalls.