Trading cost is something that we can’t really get rid of but we can surely minimize it by taking care of certain things like:
Switching to a low-cost broker who charges lower brokerage
Calculating the trading cost before you enter a trade.
If you are an intraday trader, set a limit on the max number of trades you would take up in a day.
Avoid impulsive trading
These things can help you save on trading costs and have more profits. Also, I would love to hear what you people do to reduce your cost of trading.
Switching to a low-cost broker who charges lower brokerage
Calculating the trading cost before you enter a trade.
If you are an intraday trader, set a limit on the max number of trades you would take up in a day.
Avoid impulsive trading
These things can help you save on trading costs and have more profits. Also, I would love to hear what you people do to reduce your cost of trading.