Total Gain after closing on Friday is +8.9% but the account Balance is higher due to Commissions (IB, mirror, and refunds) has been paid as well.
so Sunday Closing Balance was $ 1359.36
I will withdraw the commissions from the account to reset the account to the current gain of 8.9 %.
Monday opening Balance will be:Â $ 1089.00
well first we have to remove the initial Balance of 1000$
plus the gain of 8.9% (89$)
leaves us with 270.36$
226.92$Â are from IB Commissions paid to this account (this is unrelated to the challenge)
Additionally, 43.44$Â has been paid as Mirror Fees to the account.
resulting in other users copy trades and pay a marked-up commission of 5$ per Million traded.
from this 5$ the account receives 66% (rest is shared with the broker and Spotware for executing the trades)
without the need of posting photos of rental Ferraris or fake Watches on Instagram
or charge users 50$ for a Signalservice or “Education”
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