This is how you look at the handling fee for contract trading!
Recently, many friends who play contracts complained to me that the handling fee is too expensive. In fact, this matter should be understood in this way.
First of all, the size of the position directly affects your handling fee. It is not calculated based on the principal you invest, but based on the market value of the position you hold. Simply put, the larger the position, the higher the handling fee. For example, with the same principal, if your position is large, you will have to pay a lot more handling fees.
Secondly, the handling fee for accepting orders and placing orders is not a little different. Accepting orders means that you actively use the orders hanging there to trade, which will affect market liquidity and reduce trading depth, so the fee rate is higher, generally 0.05%. Placing orders means placing a trading instruction and waiting for others to trade. It can add some liquidity to the market, and the exchange will of course like it, so the fee rate is low, only 0.02%. With this calculation, the cost of accepting orders is much higher, so you have to keep this in mind when operating.
Let's talk about the exchange's rebate, which should not be underestimated. Some veterans are good at using pending orders, and the exchange will return the transaction fee to them, so the handling fee is low. The handling fee for each opening of a position will slowly return to the personal account later, and a small amount will add up to a lot, which can save a lot.
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. Mastering these will make your trading journey 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!
