At 20x leverage, what proportion of your margin does one round trip in fees take?
Fees are calculated based on notional value. The higher the leverage, the larger the share of your margin taken by the opening and closing fees. For example, if each fee is 0.05%, then at 10x leverage, the total is about 1% of your margin.
At first, I thought understanding candlestick charts was all I needed. Later, I realized that learning the rules is the first lesson.
When the market is highly volatile, avoid adding much to your position. Wait for prices to stabilize before reassessing.
$BTC 66589.14（-3.32%）
#BTC
Fees are calculated based on notional value. The higher the leverage, the larger the share of your margin taken by the opening and closing fees. For example, if each fee is 0.05%, then at 10x leverage, the total is about 1% of your margin.
At first, I thought understanding candlestick charts was all I needed. Later, I realized that learning the rules is the first lesson.
When the market is highly volatile, avoid adding much to your position. Wait for prices to stabilize before reassessing.
$BTC 66589.14（-3.32%）
#BTC
