LESSON 8
 

SPREADS, COMMISSIONS & HIDDEN COSTS

 

Lesson Overview
 

This lesson explains the hidden costs involved in trading and why many beginners underestimate their impact.

Every trade contains friction. Whether through spread, commission, or swap fees, costs quietly reduce profitability over time.

Understanding these costs is critical for building realistic expectations and avoiding destructive habits like overtrading.

Key Concepts Covered
 

• Spread • Commission • Swap fees • Cost accumulation • Trading efficiency

What You Should Take Away
 

Profitability is not just about winning trades. It is also about controlling unnecessary costs.

Workbook Focus
 

Focus on:

• Understanding how spreads affect entries • Recognising the impact of overtrading • Learning how trading costs accumulate over time