For margin trading, is "open+close" a position consider 1 single transaction or 2 transactions? for example, I open margin buy then close the position.
I know that for exchange, buy is 1 transaction, sell is 1 transaction, so commission is charge on 2 transactions subject to the trading fee.
Thanks for answering, I apologize if this has been asked 1000000x before.
Hi,
you pay the trading fee each time you buy and sell. It does not matter if you buy or sell using own money on exchange or margin when it comes to those trading fees. Each buy and sell is a "transaction".
You buy 10 BTC on margin and open a position then you pay trading fees fees for 10 BTC.
If the market goes against you and you say "What the hell, I'll buy a couple more" then you pay trading fees again.
When you sell those BTC to close your position then you pay trading fees on the sale. You'll be paying interest on the USD loan to back the position along the way.
what you say is, when i open margin buy i pay a fee, when i close ( or open margin sell to close) position there's another fee charged? Same like when trading in exchange? Am i get it right?