Hello,
I'm new here at BBT and I've just been trading in SIM for about 1 month.
Before at the end of the day I would only look at my P&L, but the past couple days I started to look at my account report also to get a sense of how much commission and fees I paid
I'm not sure if what they shows on the SIM account would be the same as if I open an actual account with IB later.
I've included an image of my SIM account report for today 7/14.
I've watched Andrew's Youtube video on the commission topic a few months back and he said that everything over 20% you might be overtrading.
The way I trade is that I would partial out at levels I feel like there might be a pullback and add more to my trade at those levels and keep partial out and adding more.
I wonder if I should change my trading execution because of the high %fee I get charge?
If you have any advise please let me know.
I've just started with trading and honestly I still don't even know if it's the right thing for me. But I really appreciated your work here at BBT for creating such a helpful community so I don't feel like I'm alone in this journey.
Thank you in advance.
