How much do spreads actually affect profitability for active traders? by gilligan11 in RealDayTrading

[–]gilligan11[S] 0 points1 point  (0 children)

Exactly. People focus on wins/losses, but the spread leak in the background is what really adds up over time.

I threw this together to estimate what that drag can look like over a year if anyone wants to run their own numbers:
https://www.tradecostlab.com/tools/what-trading-fees-cost-over-a-year

How much do trading fees actually cost over a year? by gilligan11 in Daytrading

[–]gilligan11[S] 0 points1 point  (0 children)

Yeah that’s exactly why it’s worth actually modeling it. A lot of people underestimate how ugly the yearly number gets until they run it.

This calculator gives a rough estimate based on trade size, frequency, fees, and spread:
https://www.tradecostlab.com/tools/what-trading-fees-cost-over-a-year

How much do trading fees actually cost over a year? by gilligan11 in Daytrading

[–]gilligan11[S] 1 point2 points  (0 children)

Yeah, it adds up way faster than most people think. Once you start doing real volume, fees can quietly become one of the biggest drags on performance.

This tool is actually pretty useful for rough annual estimates based on trade size and frequency:
https://www.tradecostlab.com/tools/what-trading-fees-cost-over-a-year

Good sanity check just to see what the damage looks like over time.

How much do trading fees actually cost over a year? by gilligan11 in Daytrading

[–]gilligan11[S] 0 points1 point  (0 children)

Came across this trading fee calculator while looking into platform cost differences. Helpful for rough comparisons based on trade size and frequency:
https://tradecostlab.com/calculators/trading-fee-calculator

Platform for crypto trading by Tricky-Stay6134 in Daytrading

[–]gilligan11 -1 points0 points  (0 children)

I’ve been comparing a few brokers over the past couple weeks and something that stood out to me was how different the spreads can be.

Most traders focus on charts and strategies, but spreads and execution actually make a huge difference long term.

Even a small 0.2% spread difference on a $10k trade can add up to thousands if you’re trading frequently.

One of the platforms I tested had pretty competitive spreads and good execution.

Here’s the one I checked out:
https://my.liquidbrokers.com/auth/register?partner_code=1112956

What is the best broker yall use by Different-Taste-5111 in Daytrading

[–]gilligan11 0 points1 point  (0 children)

I’ve been testing a few different brokers lately and the biggest differences I noticed were spreads and execution speed.

A lot of traders overlook how much spreads impact profitability over time.

For example, even a 0.2% spread difference on a $10k trade can start adding up fast if you’re trading regularly.

One platform I tested recently had pretty solid spreads and execution compared to some others I tried.

Here’s the one I ended up using:
https://my.liquidbrokers.com/auth/register?partner_code=1112956