At 20x leverage, what proportion of your margin do fees take for one round trip?
Fees are calculated on the notional value. The higher the leverage, the larger the opening and closing fees are as a proportion of your margin. For example, assuming a 0.05% fee each way, the total comes to about 1% of your margin at 10x leverage.
At first, I always thought knowing how to read candlestick charts was enough. Later, I realized that understanding the rules is the first lesson.
Don't bet all your savings on a single project.
$BTC 83488.03(-0.23%)
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Fees are calculated on the notional value. The higher the leverage, the larger the opening and closing fees are as a proportion of your margin. For example, assuming a 0.05% fee each way, the total comes to about 1% of your margin at 10x leverage.
At first, I always thought knowing how to read candlestick charts was enough. Later, I realized that understanding the rules is the first lesson.
Don't bet all your savings on a single project.
$BTC 83488.03(-0.23%)
#BTC