Why do we have to deal with commission rebates in trading?
💰Why do we have to deal with commission rebates? Many people don't know where they are actually losing! Everyone always thinks that the commission is calculated based on the principal, so they feel that whether it’s a few hundred U or a few thousand U, it doesn’t matter if there’s a rebate or not. 💰But the actual situation is that the commission is not calculated based on the principal, but based on your 'leveraged position'! To give a simple example: if you have 1000U and open a 100x leverage, then your position is 100,000U. Note! The commission is not calculated based on 1000U, but based on 100,000U! Moreover, opening a position once and closing it once means the commission is calculated at least twice.
#币安人生 #trx This year has been tough; that big brother gave me a reward of 40U for travel expenses. I don't dare go out because I have no money, but I can't not go back.
#币安人生 I'm really numb, really numb, 5 consecutive losses, lost so much, it's really hard to align knowledge and action, if I don't follow my own strategy and just randomly play, it results in high multiples. 🥹