1-5 Some Suggestions on Fees and Slippage
Fees:
1. First, choose a trading platform with relatively low fees on a secure basis; this is not shameful, as one should compare prices when shopping.
2. Secondly, find reliable long-term rebate programs within the rules as much as possible; there are many KOLs in this industry who unethically promise extra rebates outside the rules, and most of them end up not providing the rebates later.
3. Build a trading system with trading signals that are as infrequent as possible. Don't trade as frequently as a gambler in a square.
Slippage
1. Try to use limit orders to open positions, unless it is during a stop-loss. Because a stop-loss indicates that the trend of this trade is no longer within your expected range. So if you need to exit, just go, there’s no time to haggle. Of course, if there are options at this time, it is recommended to use limit orders as much as possible.
2. Be as cautious as possible with tools that require payment, such as quantitative tools, analysis tools, etc. There are no miraculous tools in this world; success cannot be bought; it must be achieved through your own efforts.