Contract transaction fees, the truth is here!
Recently, many friends have complained to me that the contract transaction fees are too expensive. But to be honest, this is how you look at it.
First of all, the size of your position directly determines the level of your fees. Don't think it depends on how much capital you have invested. The key is to see how much market value you hold. If the position is large, the fees will naturally increase. For example, with the same amount of money, if your position is heavy, you will have to pay a lot more in fees.
Besides, the fees for accepting orders and placing orders are not a little different. Accepting orders means that you actively use the pending orders to trade, which will affect market liquidity and reduce trading depth, so the fee rate is high, usually 0.05%. Placing orders means placing a trading instruction and waiting for others to match the transaction, which can add some liquidity to the market, and the exchange will of course be happy, so the fee rate is low, only 0.02%. Calculated in this way, the cost of accepting orders is much higher, so you have to be aware of it when operating.
In addition, the exchange's rebate cannot be ignored. Some veterans have good order placement skills, so the exchange will return the transaction fee to them. In this way, the handling fee will be reduced. The handling fee for each opening of a position will be slowly returned to your account later. A little bit will add up to a lot, which can help you save a lot of money.
Therefore, if you want to reduce costs and increase profits in contract trading, you have to start from these aspects: control the size of the position, choose the right order method, and don't forget to pay attention to the exchange's rebate policy. With these skills, your trading journey will be smoother
For the next layout direction, I will take everyone to aim at the profit opportunities of the cottage, especially those projects with great potential. There is no problem with the expected space of more than 10 times. If you want to make a lot of money in the bull market, like + leave a message, and take you to layout the entire bull market together!