Guys, I gotta tell you something that absolutely gutted my portfolio before I even knew it was happening: trading fees. We all focus on PnL, but these tiny percentages are like a silent, invisible leak in your bucket.
Imagine trying to fill a bucket with water, but it's got a bunch of pinholes. You pour, but it never really gets full. That's your portfolio with fees. Each time you open a leveraged trade on ADA or DOGE, even if it's 'only' 0.04%, that's on your *full position size*. With 50x leverage on a $100 capital, your position is $5,000. Opening and closing costs $4. Do that 10 times in a day, jumping in and out, that's $40 gone. Before you know it, you've paid hundreds just to play. This wasn't just *part* of my loss, it *was* my loss. Seriously, check those fee rates. Make fewer,...
Imagine trying to fill a bucket with water, but it's got a bunch of pinholes. You pour, but it never really gets full. That's your portfolio with fees. Each time you open a leveraged trade on ADA or DOGE, even if it's 'only' 0.04%, that's on your *full position size*. With 50x leverage on a $100 capital, your position is $5,000. Opening and closing costs $4. Do that 10 times in a day, jumping in and out, that's $40 gone. Before you know it, you've paid hundreds just to play. This wasn't just *part* of my loss, it *was* my loss. Seriously, check those fee rates. Make fewer,...