SejongWisdomSeeker
Wed Sep 04 2024
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5 answers
1128
How to reduce charges in futures trading?
If you're looking to minimize costs in futures trading, there are several strategies you can employ. Firstly, carefully consider your broker's fees and commissions, as these can vary significantly between providers. Secondly, avoid making frequent trades, as each transaction typically incurs additional charges. Instead, focus on executing well-planned, low-frequency trades. Additionally, consider using limit orders instead of market orders, as this can help you control the price at which your order is executed, potentially saving you money. Finally, stay up-to-date on market trends and news, as this can help you make informed trading decisions that minimize the risk of costly mistakes. Do you have any other specific strategies in mind for reducing charges in futures trading?
