TAKE INTO ACCOUNT ALL COSTS/EXPENSES IN TRADING! 💸

Share this & earn $10
UKspreadbetting
Published at : 29 Oct 2021
1223 views
84
0

✅ Check Mark’s Premium Course: https://price-action-trading.teachable.com/
📞 Join Mark’s TradersMastermind: https://www.tradersmastermind.com/mastermind
✅ Trade with our Sponsor Broker: TradeNation http://www.financial-spread-betting.com/ccount/click.php?id=91
✅ Please like, subscribe & comment if you enjoyed - it helps a lot!

Take into account all the expenses in trading. http://www.financial-spread-betting.com/strategies/strategies-tips.html PLEASE LIKE and SUBSCRIBE TO HELP US DO MORE. Warren Buffett mentioned frictional expenses; these are little expenses that come into a deal but you don’t think much about but they can add up to substantial amounts over time. And this also applies in trading (not just investing). For instance as a trader you might ask yourself should I do scalping, day trading, swing trading or long term trading? Scalping is not really appropriate for most people as frictional expenses can add up rapidly for very short-term trading

- Spreads - tight spreads; trade a market where bid-offer spreads are reasonably narrow. Otherwise if you’re trading less liquid instruments, see if you can work limit orders in the middle rather then utilise the bid/offer.
- Overnight charges
- Short borrowing fees
- Data fees although these are much cheaper nowadays; make sure you are only paying the exchanges you need data from.
- Commissions; check with the broker if there are any discounts for frequent trading
- Taxes; spread betting is tax free, CFDs are taxable but then you can offset losses against future gains.
- Performance fees; mainly for mutual funds/investment funds and robo advisors.
- Forex exposure

⛓️ 🔗 Channel Sponsor 🔗 ⛓️

✅ Our channel sponsor for this month are TradeNation meaning these guys are covering our costs of operation. We only accept reputable and properly regulated providers as sponsors. Please support us by trading with this provider. TradeNation offer both MT4 as well as an exclusive web-based platform, CoreTrader.

Sign up with TradeNation: http://www.financial-spread-betting.com/ccount/click.php?id=91

📜 Disclaimer 📜

69.9% of retail investors lose money when trading CFDs and spread betting with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

trading expensestrading costsday trading costs

George Strait - Carrying Your Love With Me (Official Music Video) [HD]

George Strait - Carrying Your Love With Me (Official Music Video) [HD]

I SURPRISED HER WITH A DREAM VACATION!! (NEW YORK CITY)

I SURPRISED HER WITH A DREAM VACATION!! (NEW YORK CITY)

Types of Colleges

Types of Colleges

Top 10 | Most Beautiful Diamond Jewel Collection from Cartier

Top 10 | Most Beautiful Diamond Jewel Collection from Cartier

On Ecological Disconnect, Climate Despair, and Our Changing Relation to "Nature"

On Ecological Disconnect, Climate Despair, and Our Changing Relation to "Nature"

Billie - Because We Want To

Billie - Because We Want To

She Wants You to Retain

She Wants You to Retain

John Farnham - You're the Voice (Official Video)

John Farnham - You're the Voice (Official Video)

Major Lazer & Ellie Goulding - Powerful (feat. Tarrus Riley) (Official Music Video)

Major Lazer & Ellie Goulding - Powerful (feat. Tarrus Riley) (Official Music Video)

To Steve Jobs it is devoted,  Стив Джобс

To Steve Jobs it is devoted, Стив Джобс

Minimize Distractions | Beginning Minimalism

Minimize Distractions | Beginning Minimalism

15 Abnormally Large Crocodiles That Actually Exist

15 Abnormally Large Crocodiles That Actually Exist

The Living Tombstone - My Ordinary Life [Lyrics]

The Living Tombstone - My Ordinary Life [Lyrics]

Preclude Meaning

Preclude Meaning

How to Super Clean Your Windshield

How to Super Clean Your Windshield

Slow down (Feat. Meego, 김하온 (HAON))

Slow down (Feat. Meego, 김하온 (HAON))

Fire Trucks, Dump Trucks, Excavator Rescue Cars Toys

Fire Trucks, Dump Trucks, Excavator Rescue Cars Toys

I FOUND THE SECRET VILLAGE UNDER DIRT in Minecraft ! INCREDIBLY HUGE VILLAGE

I FOUND THE SECRET VILLAGE UNDER DIRT in Minecraft ! INCREDIBLY HUGE VILLAGE

BTS Being Dramatic As Usual

BTS Being Dramatic As Usual

Couples Reveal Their Biggest Fight | Side x Side | Cut

Couples Reveal Their Biggest Fight | Side x Side | Cut

9 Most Disturbing Home Security Videos Ever Taken

9 Most Disturbing Home Security Videos Ever Taken

Yxng Bane - Section [Music Video] | GRM Daily

Yxng Bane - Section [Music Video] | GRM Daily

SketchUp LayOut – Getting Started (How to Use LayOut for SketchUp Pro)

SketchUp LayOut – Getting Started (How to Use LayOut for SketchUp Pro)

Veigar but I have 1500 AP and one shot tanks (5000 damage ults)

Veigar but I have 1500 AP and one shot tanks (5000 damage ults)

🐻 Peppa Pig's New Toy Cupboard 🐻

🐻 Peppa Pig's New Toy Cupboard 🐻

CHVRCHES “Warning Call” | Mirror's Edge Catalyst Theme Song

CHVRCHES “Warning Call” | Mirror's Edge Catalyst Theme Song

This Is HOW MUCH My Vending Business Made in 2020!!

This Is HOW MUCH My Vending Business Made in 2020!!

25 Amazing Borders Around The World You Need to See

25 Amazing Borders Around The World You Need to See

The Family Rain - Every So Often

The Family Rain - Every So Often

Command of War, But it's Mobile - War Troops 1917 - Warfare 1917 and Command of War Mobile Game

Command of War, But it's Mobile - War Troops 1917 - Warfare 1917 and Command of War Mobile Game

Herečka Preissová o psychických problémech svého manžela: Proměnil se v něco úplně jiného než byl

Herečka Preissová o psychických problémech svého manžela: Proměnil se v něco úplně jiného než byl

"People Aren't PAYING ATTENTION to What's Going On Around Them!!!"

"People Aren't PAYING ATTENTION to What's Going On Around Them!!!"

Niall Horan - Too Much To Ask (Official)

Niall Horan - Too Much To Ask (Official)

Some tanning salon basics for newer salon owners

Some tanning salon basics for newer salon owners

Interfaces Part 5:  Comparable Interface (Java)

Interfaces Part 5: Comparable Interface (Java)

Michele Morrone - Beautiful (Official Music Video)

Michele Morrone - Beautiful (Official Music Video)

Mente Fuerte - Μαύρο Range | Mavro Range (Official Music Video) Prod. Gosei

Mente Fuerte - Μαύρο Range | Mavro Range (Official Music Video) Prod. Gosei

Perhaps Ben Shapiro Shouldn't Be Taken Seriously By Anyone About Anything - SOME MORE NEWS

Perhaps Ben Shapiro Shouldn't Be Taken Seriously By Anyone About Anything - SOME MORE NEWS

How to write an informal letter📝| All you need to know!

How to write an informal letter📝| All you need to know!

Preclude

Preclude

Pandian Stores | 13th to 18th September 2021 - Promo

Pandian Stores | 13th to 18th September 2021 - Promo

AKA Lui - Pushing Me Aside (Lazywax Remix)

AKA Lui - Pushing Me Aside (Lazywax Remix)

iKON - '뛰어들게(Dive)' M/V

iKON - '뛰어들게(Dive)' M/V

British Masters Suite arranged by John Moss

British Masters Suite arranged by John Moss

Crystal Waters - 100% Pure Love (Official Video)

Crystal Waters - 100% Pure Love (Official Video)

Just the Start of Things

Just the Start of Things

Yung Bleu & H.E.R. - Tired Of You (Visualizer)

Yung Bleu & H.E.R. - Tired Of You (Visualizer)

How to sign in Youtube - Login Free & Easy

How to sign in Youtube - Login Free & Easy

In 3D, The World Beneath The Ocean - A Underwater 3D Channel Film

In 3D, The World Beneath The Ocean - A Underwater 3D Channel Film