Recently, I went through my old accounts and realized an overlooked truth - it’s not that I can’t gauge the market or that there’s a problem with the technology; the real profit black hole is actually the fees.
After going back and forth several times, the account's floating profit was gradually eaten away by the fees. What should have been a profitable trade ended up with the fees becoming the biggest opponent. At that moment, I decided to change places.
Later, both spot and contract trading were moved to a platform with lower fees. It was only after this switch that I realized the gap was so significant—every time I opened or closed a position, the fees were directly reduced by a large margin. The previously insignificant few basis points accumulated into a visible cost difference.
For traders who operate frequently, optimizing transaction fees can directly enhance profitability. With the same market judgment, different platform fee structures can determine whether the final outcome is profit or loss. This is the trading cost management that many people overlook.
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MoonRocketman
· 7h ago
The fees are this invisible killer... Really, during high-frequency trading, every basis point is draining your blood. If you reverse-engineer it with a data model, a 1% difference in rates directly affects the yield by over 10%. This is the overlooked gravitational resistance level.
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BrokenRugs
· 7h ago
Oh, this is the truth, the fees have eaten away at so many of my dreams.
After switching platforms, I realized I was really just giving away money before; the basis point difference was so small that it could turn the tide.
As someone who trades frequently, I feel too heartbroken; every trade is losing money.
Even if the market is favorable, it doesn't matter; if the rates aren't right, I'm just working for the exchange.
This realization came a bit late, but it's better than always being played people for suckers.
Recently, I went through my old accounts and realized an overlooked truth - it’s not that I can’t gauge the market or that there’s a problem with the technology; the real profit black hole is actually the fees.
After going back and forth several times, the account's floating profit was gradually eaten away by the fees. What should have been a profitable trade ended up with the fees becoming the biggest opponent. At that moment, I decided to change places.
Later, both spot and contract trading were moved to a platform with lower fees. It was only after this switch that I realized the gap was so significant—every time I opened or closed a position, the fees were directly reduced by a large margin. The previously insignificant few basis points accumulated into a visible cost difference.
For traders who operate frequently, optimizing transaction fees can directly enhance profitability. With the same market judgment, different platform fee structures can determine whether the final outcome is profit or loss. This is the trading cost management that many people overlook.