Have you activated the fee rebate?
If not, hurry and find me to activate it; it can save you enough for a car in a year.
I have several big client friends who didn't take the fees seriously at first. Later, when I showed them the detailed fee breakdown, they realized they spent hundreds of thousands on fees over the year. They regretted not activating the rebate sooner.
You see, the money returned from fees could be used for living expenses or for making trades, which is quite appealing, right? It's all about happiness! If you profit from trading in the secondary market, the fee rebate is pure profit. If you suffer losses and get liquidated, this rebate is your “life-saving straw” for rebirth! So, activating the rebate is really important!
Many people think these fees are negligible because they haven't calculated properly. Below, I will explain with real calculation data:
1️⃣ Contract trading fee calculation:
A single transaction fee is 0.05% (0.0005)
Buying and selling once incurs a fee of 0.1% (0.001)
For a 100x leverage contract, the fee is 100×0.001=0.1 (10%)
Trading three times a day incurs fees of 0.1×3=0.3 (30%)
The accumulated trading fee for a month is 30×0.3=9 (900%)
The accumulated trading fee for a year is 12×9=108 (10800%)
Example: $1000 margin with 100x leverage
The accumulated trading fee for a year is $108,000.
2️⃣ Spot trading fee calculation:
The fee is 0.2% (0.02)
Buying and selling once incurs a fee of 0.4% (0.04)
Trading three times a day incurs fees of 0.04×3=0.12 (1.2%)
The monthly fee over 30 days is 0.12×30=3.6 (36%)
The accumulated trading fee for a year is 3.6×12=43.2 (4.32 times)
Example: $100,000 principal in spot trading
The yearly fee is $100,000×43.2=4320000 ($432,000).
After this detailed calculation, doesn't it suddenly make sense to everyone? Why do most retail investors end up losing money instead of making it? Because after a year, buying and selling, fees can consume 4.32 times the principal, not including losses from market declines that shrink assets. So, for those who haven't activated the fee rebate, hurry and find me to activate it!
To friends who are lucky enough to see this, please give me a follow!