#robinhoodtooffercryptotradinginuk Read this before you close your next "winning" trade.
You hit close. Green number. Feels like a win.
You don't know yet that five years from now, that same account will be down $8,054 — even though the market itself only took $2,960 from you.
The other $5,094? Fees and clawbacks you never saw, because they don't show up on the trade you just closed. They show up on the trade you closed 1,000 trades ago, and the one after that, and the one after that — a little at a time, invisible, until someone finally adds up five years of rows.
29,401 closed trades. Win rate: 51.7% — a coin flip.
A coin flip is free to lose. Mine wasn't.
Every "win" you just felt good about — 38 cents of every dollar in it never made it to you. It went to the platform, silently, before the number even turned green.
So before you close your next trade and feel that little hit of relief: you don't know what it costs you. Not really. Not until you pull the whole history and do the math.
I did. It said -$8,054.
Pull yours. Do the math. Then decide if you're still trading the market — or just funding it.
#Binance #TradingFees #TraderProtectionFund #ForensicTrading
You hit close. Green number. Feels like a win.
You don't know yet that five years from now, that same account will be down $8,054 — even though the market itself only took $2,960 from you.
The other $5,094? Fees and clawbacks you never saw, because they don't show up on the trade you just closed. They show up on the trade you closed 1,000 trades ago, and the one after that, and the one after that — a little at a time, invisible, until someone finally adds up five years of rows.
29,401 closed trades. Win rate: 51.7% — a coin flip.
A coin flip is free to lose. Mine wasn't.
Every "win" you just felt good about — 38 cents of every dollar in it never made it to you. It went to the platform, silently, before the number even turned green.
So before you close your next trade and feel that little hit of relief: you don't know what it costs you. Not really. Not until you pull the whole history and do the math.
I did. It said -$8,054.
Pull yours. Do the math. Then decide if you're still trading the market — or just funding it.
#Binance #TradingFees #TraderProtectionFund #ForensicTrading