【He said 'the transaction fee is not much', and I was stunned...】
Today, a friend just entered the circle and told me:
"I'll first deposit 1000U to test the waters, take it slow."
As we chatted, he suddenly said:
"The transaction fee shouldn't be much, right?"
My mind instantly went "buzz": this is definitely a newbie!
So I took his funds and calculated for him:
Assuming a principal of 1000U,
Opening two contracts a day, leverage of 20 times (which is already very conservative)👇
Each position = 1000 x 20 = 20000U
Contract transaction fee calculated at 0.15%
👉 Transaction fee for one order = Opening fee 10U + Closing fee 10U = 20U
👉 Two orders a day = 40U
👉 A month (30 days) = 1200U transaction fee expenditure
He was dumbfounded on the spot:
"The transaction fee actually exceeds the principal in a month?!😱"
But here comes the key point——
If you have a rebate:
Even if you don't make a profit, you can recover through the rebate.
Even if you have a paper loss, it might turn into a net profit because of the rebate.
If you don't have a rebate:
Then this 1200U transaction fee is all given away to the platform.
You won't even know "where the loss is".
Not checking the transaction fees is like trading with your eyes open and being harvested with your eyes closed.
Many people only look at profit and loss charts,
But have never truly checked how much of their transaction fees have been lost!
📎 I will post a method to check transaction fee expenditure in the comments.
If you find yourself "trading frequently but never getting rebates", you must hang it up immediately!
In short:
It's not that you can't make a profit, but rather that you are giving the profit back to the platform.
Opening a rebate earlier is truly about stopping the bleeding and recovering funds sooner!
