{"product_id":"true-cost-of-trading-ebook","title":"The True Cost of Trading","description":"\u003cdiv style=\"border-left:4px solid #c9a45c;background:rgba(201,164,92,.08);padding:16px 20px;border-radius:8px;margin:0 0 24px\"\u003e\u003cp\u003e\u003cstrong\u003eQuick answer:\u003c\/strong\u003e at $5 a trade and two trades a day you pay $2,600 a year — 26% of a $10,000 account. Four costs take a slice of every position you open, and almost no trader ever adds them up. This free 15-page guide turns them into one number you can measure, compare against your edge, and cut.\u003c\/p\u003e\u003c\/div\u003e\n\n\u003ch2\u003eWhat you get\u003c\/h2\u003e\n\u003cul\u003e\n\u003cli\u003e\n\u003cstrong\u003eThe five-step cost audit\u003c\/strong\u003e — work out your real round-turn cost from 50 of your own closed trades, in about fifteen minutes.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eThe annual bill table\u003c\/strong\u003e — what your trading frequency costs over a year, from 4 trades a week to 10 a day.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eThe edge-erosion table\u003c\/strong\u003e — exactly how much of a +0.3R expectancy each cost level removes.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eRequired win rate\u003c\/strong\u003e — how a 0.1R cost pushes break-even from 50% to 55% at 1:1.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eSpread versus stop distance\u003c\/strong\u003e — why the same account is cheap for a swing trader and ruinous for a scalper.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eSwap\u003c\/strong\u003e — the overnight cost, triple-charge days, and what twenty nights really costs.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eSlippage\u003c\/strong\u003e — how to measure it in twenty trades and where it actually concentrates.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eAccount comparison\u003c\/strong\u003e — total round turn instead of advertised spread.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eSeven ways to cut the bill\u003c\/strong\u003e without changing your strategy.\u003c\/li\u003e\n\u003cli\u003e\u003cstrong\u003eA printable cost audit worksheet.\u003c\/strong\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\n\u003ch2\u003eWho it's for\u003c\/h2\u003e\n\u003cp\u003eTraders who have optimised the strategy and never audited the bill — and anyone deciding between account types, brokers or trading frequencies and wanting the arithmetic instead of the marketing.\u003c\/p\u003e\n\n\u003ch2\u003eInside the guide\u003c\/h2\u003e\n\u003ctable style=\"width:100%;border-collapse:collapse;margin:12px 0 24px\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth style=\"text-align:left;border-bottom:2px solid #c9a45c;padding:8px\"\u003eChapter\u003c\/th\u003e\n\u003cth style=\"text-align:left;border-bottom:2px solid #c9a45c;padding:8px\"\u003eWhat it covers\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd style=\"border-bottom:1px solid #e5e5e5;padding:8px\"\u003e1–2 — Measure\u003c\/td\u003e\n\u003ctd style=\"border-bottom:1px solid #e5e5e5;padding:8px\"\u003eThe four costs and how to calculate your own number\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd style=\"border-bottom:1px solid #e5e5e5;padding:8px\"\u003e3–4 — Impact\u003c\/td\u003e\n\u003ctd style=\"border-bottom:1px solid #e5e5e5;padding:8px\"\u003eThe annual bill and what it does to your expectancy\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd style=\"border-bottom:1px solid #e5e5e5;padding:8px\"\u003e5–7 — Detail\u003c\/td\u003e\n\u003ctd style=\"border-bottom:1px solid #e5e5e5;padding:8px\"\u003eSpread versus stops, swap, and measuring slippage\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd style=\"border-bottom:1px solid #e5e5e5;padding:8px\"\u003e8–9 — Act\u003c\/td\u003e\n\u003ctd style=\"border-bottom:1px solid #e5e5e5;padding:8px\"\u003eChoosing an account on total cost, and seven ways to cut it\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd style=\"border-bottom:1px solid #e5e5e5;padding:8px\"\u003e10–12 — Tools\u003c\/td\u003e\n\u003ctd style=\"border-bottom:1px solid #e5e5e5;padding:8px\"\u003ePrintable audit, FAQ and glossary\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\n\u003ch2\u003eFrequently asked questions\u003c\/h2\u003e\n\u003ch3\u003eIs it really free?\u003c\/h3\u003e\n\u003cp\u003eYes. Add it to your cart at $0 and the download link arrives by email straight after checkout.\u003c\/p\u003e\n\u003ch3\u003eWhat format is it?\u003c\/h3\u003e\n\u003cp\u003eA 15-page PDF, readable on desktop, tablet and phone.\u003c\/p\u003e\n\u003ch3\u003eIs a 2-point spread good or bad?\u003c\/h3\u003e\n\u003cp\u003eIt depends entirely on your stop distance: 1% of your risk on a 200-point stop, 10% on a 20-point stop. Chapter 5 has the full table.\u003c\/p\u003e\n\u003ch3\u003eDoes this apply to automated trading?\u003c\/h3\u003e\n\u003cp\u003eMore, if anything — an automated system executes every signal, so the full round turn belongs in any backtest.\u003c\/p\u003e\n\u003ch3\u003eDo I need to change broker after reading it?\u003c\/h3\u003e\n\u003cp\u003eUsually not. Frequency, trading hours and stop distance account for most of the bill, and none of those require a new broker.\u003c\/p\u003e\n\n\u003cp style=\"font-size:13px;opacity:.75\"\u003e\u003cem\u003eDisclaimer: educational content only. Cortex Next is not a financial service, does not manage money and guarantees no results. All figures are illustrative and vary by broker, symbol and market conditions. Trading involves risk of loss.\u003c\/em\u003e\u003c\/p\u003e\n\n\u003cscript type=\"application\/ld+json\"\u003e{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"Is The True Cost of Trading really free?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Yes. Add it to your cart at $0 and the download link arrives by email right after checkout.\"}},{\"@type\":\"Question\",\"name\":\"What format is the ebook?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"A 15-page PDF, readable on desktop, tablet and phone.\"}},{\"@type\":\"Question\",\"name\":\"Is a 2-point spread good or bad?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"It depends on stop distance: 1% of risk on a 200-point stop, 10% on a 20-point stop.\"}},{\"@type\":\"Question\",\"name\":\"Does this apply to automated trading?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Yes, and more so: an automated system executes every signal, so costs belong in the backtest.\"}},{\"@type\":\"Question\",\"name\":\"Do I need to change broker after reading it?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Usually not. Frequency, hours and stop distance account for most of the bill.\"}}]}\u003c\/script\u003e","brand":"Cortex Next","offers":[{"title":"Default Title","offer_id":50812145631280,"sku":null,"price":0.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0660\/2060\/6000\/files\/true-cost-of-trading-cover.png?v=1792090614","url":"https:\/\/cortexnext.com\/es\/products\/true-cost-of-trading-ebook","provider":"Cortex Next","version":"1.0","type":"link"}