A sudden inspiration! Why do many of you not open rebates?
Why won't they open them? -+
How frightening are contract fees?
The 'small money' you think is devouring your principal **Every time you open and close a position, the fee seems to only be 0.02%-0.05%?
But if you trade 10 times a day, that's 200 times in a month!
Assuming a principal of 100,000:
200 times × 100,000 × 0.05% = 10,000 evaporates out of thin air
The fees have already consumed 10% of your funds.
