My favorites are full of things I've learned; my account is full of hard lessons.
Today's topic: contract trading fees
Contract trading fees are calculated based on the notional value of the trade—the execution price multiplied by the quantity—not on the margin invested.
When estimating profit and loss, include the fees for both opening and closing the position. This is especially important when using high leverage.
Coin mentioned in the discussion: $BTC Current price: 76002.23 (24h -0.27%).
Today's topic: contract trading fees
Contract trading fees are calculated based on the notional value of the trade—the execution price multiplied by the quantity—not on the margin invested.
When estimating profit and loss, include the fees for both opening and closing the position. This is especially important when using high leverage.
Coin mentioned in the discussion: $BTC Current price: 76002.23 (24h -0.27%).
