I'm using NT as my Broker and trading thru the NT app.
What I currently believe is when an order is placed, regardless of if it is filled, we are assessed a Fee for the contract.
If the contract is not filled and we cancel the order, we are assessed another Fee/commission.
If the contract is filled, at the time of exiting that position we are assessed another fee/commission.
If this is true then I am wondering:
When using my strategy I will have a Stop loss and Profit. Will I be assessed a fee for the Entry, Stop Loss, and Profit even if the conditions are never reached? What if the conditions are reached. Is there a fee assessed for the Entry, Stop Loss AND Profit?
For example, An order is placed (which is the entry) and the ATM strategy displays a Stop Loss and Profit on the chart. Are those Stop Loss and Profit targets each assessed a fee?
I'm looking for clarity.
I appreciate you taking the time to answer each concern. Thank YOU!
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