Nobody made millions trading $RAVE … except the insiders, of course.
The rest of us? We were just generously donating our profits to the funding fee gods. Even if you somehow squeezed out a decent gain, those relentless funding fees showed up like an uninvited guest who eats all your snacks and then asks for cab fare home. At 5% funding fees, you weren’t just paying taxes on your profits — you were basically tipping your broker 50,000 bucks on every million you made.
No retail traders made millions trading $RAVE — only insiders benefited significantly.
Even in profitable positions, traders were eroded by substantial funding fees. At rates as high as 5%, these fees alone could consume a large portion of any gains.
For example, 5% funding fees on a $1 million position would result in $50,000 in costs.
It’s time to move away from high funding fees. $RAVE