Course Name: Value Strategy in Forex, Section No: 3, Unit No: 1, Unit type: Video
Hello,
Another great course from quantinsti!
I would like to request a general information/course about trading commissions and costs, because it can wipe your account very quickly before your strategy have the time to develop, especially when using leverage.
General guidances and rules of thumb will be appreciate.
Have a great trading year.
Hi Eric,
Yes, you are right! You need to incorporate these costs when doing backtesting. They can be done at the time of calculating the profit and loss/returns.
The best practice is to check the commission/costs from your broker and then backtest accordingly.
Hope this helps!