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Trading Costs: Gross vs. Net
Every result shown elsewhere on this site is GROSS — zero spread, zero commission, zero slippage. This page applies a realistic broker cost model to every trade. Assumptions, from Silver (XAG/USD)'s cost basis (Vantage FX Raw ECN — spread-only on metals, 2026 published rate ranges): spread $0.03/oz, commission $0/oz round-turn, and an estimated $0.02/oz slippage — BOS/CHoCH entries and stop-outs both fire exactly when price is moving fast through a level, which is when slippage is worst; this is a working estimate, not a broker-quoted figure, and could be worse in a fast market. Total assumed round-trip cost: $0.05/oz, converted to an R-multiple deduction using each trade's own risk (|entry − stop|) — the same normalization R itself already uses, so it applies consistently regardless of position size.
Strategy A
Avg cost per trade: 0.148R. edge survives costs
Avg R/Trade
+0.18 → +0.04
Total R
+14.8 → +2.8
Profit Factor
1.254 → 1.041
Win Rate
24.69% → 24.69%
Final Balance ($1,000 start)
$1,123 → $996


Strategy B
Avg cost per trade: 0.148R. edge survives costs
Avg R/Trade
+0.70 → +0.55
Total R
+32.7 → +25.7
Profit Factor
1.798 → 1.542
Win Rate
12.77% → 12.77%
Final Balance ($1,000 start)
$1,256 → $1,171


Read: both strategies survive this cost estimate with a positive net edge. Strategy A's total return is reduced by 81.0% after costs, Strategy B's by 21.3%. Whichever strategy has the thinner gross avg R/trade (here, Strategy A) has the least margin to absorb execution costs before its edge becomes marginal — if real slippage runs meaningfully higher than assumed here, that strategy is the one to re-examine first.