Quote from: adzino on December 16, 2020, 09:22:06 PM

Quote from: winrate.io on December 16, 2020, 09:15:45 AM

Well, no. I do not make any money on this website, so I wouldn't call it advertising. I genuinely think this is a helpful tool for all traders. I built it for my own use and now it's publicly open to anyone to use as well.

I thought I saw something about promoting Bybit exchange and how it was better in terms of fee. It had your referral link. Don't get me wrong though. I am not against using referral links and you deserve to earn something from your affiliate for your hard work

. Indeed this is going to be helpful for a lot of people and you did the right thing sharing it with everyone.
Curious though, how are all the net profit from bybit almost double?

Quote from: winrate.io on December 16, 2020, 09:15:45 AM

If you have seen a tool like this, please let me know, because I haven't found anything like this at all. Only for the forex market.

Thanks for the feedback, I appreciate it!

I was talking about those demo account where you can simulate trading without risking anything and hence try out startegies.

Quote from: winrate.io on December 16, 2020, 09:15:45 AM

You can change the win rate by changing the win rate in the input field.

I meant how do you determine that. But then got to know it's the same thing as win-loss ratio.

The net profit can actually vary a lot depending on which exchange you use. I don't want to name any specific exchanges here, but let me give you an example on how different the fees can be:

Exchange 1
Limit order fee %: 0.1%
Market order fee %: 0.2%

Exchange 2
Limit order fee %: -0.025% (means you earn money on your fee rebates)
Market order fee %: 0.075%

Exchange 1 will not be profitable for a scalper for example, while Exchange 2 could be very profitable for a scalper.

When I started out day trading, I used an exchange like Exchange 1. When you think about it, if you enter the position with a market order (which I often did) and then lost the trade. I would actually lose -0.4% only on fees. So lets say I had a 1:1 RR at 1%. I would then lose -1.4% on my losses and only make +0.7% on my wins.

I didn't realize that this could make or break my trading until I used my Google Sheet. And when I create my website, it made it even more clear what effect different strategies had.

Hope it clear things up.