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Hey George, This is something we all starting out struggle with, our Losers being bigger than our Winners. Here is my advice and is only based on what I personally experienced. There is no way to really tell you what you can improve on without seeing the details of your trades over a period of time. This is were a mentor or a trading partner you can be a huge help. When I first started I was not getting a good enough entry and was hesitating a lot to get into a move. Sometimes we want firm confirmation that the move is going to happen and we get in too late. Make sure you are trusting your set up and that you are getting in with no hesitation once you spot your signal. Trust your set up and get in as soon as possible. For me setting stop loss by a set amount can sometimes mess with your judgement, I set my stop loss based on a technical level, meaning the low or the high of the previous candle, daily level, LOD/HOD this puts my trading at ease. Based on how much room I need to get the stop loss I decide if i will take a full position or half position. If my stop loss is .30 away on a very active stock i am not going to take a full size. If is .20 cents then I feel more comfortable taking a full position. Once in the trade check out the price action and what is telling you if you see any indication that your is likely not going to happen get out regardless of the stop loss. I used to set a stop loss and sometimes when the price action was not looking favorable I would still stay in the trade to see if it would work out then get out at my stop loss. Instead of losing a .05 I would lose .15 . There is no reason for that, jump out and if the set up becomes active again jump back in. Andrew is great at this, we cannot be afraid to jump out if things don't look good for a small loss and jump back in when the set up is back in play. Easier to make up 5 cents than 15 cents. There are so many variables and other possible areas of improvement but again without knowing what your specific struggling with it's difficult to hit the nail on the head. Others might also have a different answer that can fit better to what you are experiencing, so look forward to seeing responses from other members as well, as we all deal with this differently. There is no wrong answer, just what will work best for your trading style.

Just started live trading with CMEG and ECN was included at start so I don't know any better. Thanks for all the info guys! If I was not in a trading community, I'd be dying out there. Good to have a place with great minds as resources.

I use the OBS Studio and epic pen that Abiel recommended. I record usually during my lunch, as I do not have time to record the video before starting work. This way I included all the trades I did for the day. My Goal is to trade in the simulator the exact same way I am going to trade live starting next month. Hope this helps Mike B.

My husband and I started trading live in CMEG in mid August, were not being charged ECN and other fees, which then CMEG began charging on Aug. 22. We were very surprised and angry at first, but after some research, their fees are reasonable and competitive, so we continued trading with them. CMEG: $115/mo for platform, including simulator $0.0045-0.007 per share in all fees (based on our own calculation from statements) <=1000 shares, $2.95/ticket >1000 shares, $0.007/share Sure Trader: $104/mo for platform, $100/mo for simulator (simulator starts at $100/mo, depending on add-on's, it can cost more) 0.0000256% times total market value/dollar amount on each sell ticket (a short order, or a sell order of a long position; eg. I buy 60 shares of TSLA at $298/share, when I sell my 60 shares at $304/share, I pay 0.0000256% x 60 x $304 = $0.0047) $0.000119/share on each sell ticket up to $5.95 (eg. with the above TSLA trade, I would pay additionally $0.000119 x 60 = $0.00714 when I sold it.) <= 495 shares, $4.95/ticket > 495 shares, $0.01/share As you can see, CMEG is still better than SureTrader. Lastly, for us, we prefer higher priced stocks because they help minimize the per share fees. Eg. With the above TSLA trade, I traded a total of 120 shares, fees will be between $0.0045 x 120 = $0.54 and $0.007 x 120 = $0.84; versus if I traded CRON with a total of 1600 shares, fees would be between $0.0045 x 1600 = $7.2 and $0.007 x 1600 = $11.2 Update: As of today, 10/3/2018, we've lost about $400 in PL, but paid nearly $1000 in commissions and fees, we've kept our size small too after the first week and half. It's not working, we are closing the account and moving what's left of the money back. It makes sense, these offshore brokerage companies don't really want you to build up a small account easily and transfer it out to Interactive Broker or some other US firm.

Hi everyone, Yes this issue has brought to my attention by few traders. They sent me their statement and I am looking at it. Here are my thoughts: 1CMEG apparently did not charge ECN fees until August 2018, and they actually lost money on it. This was an internal mistake from their side. So many traders are surprised seeing ECN fees, but in fact, they are actually very normal and every broker is charging them. So part of frustration was because many people were shocked seeing them, while they were benefiting from a free ECN rebates in the past. From what I see, CMEG ECN fees are normal compare to other brokers. The list is here: https://www.cmelitegroup.com/rates-and-conditions/trade-fees As you see, most ECNs are chargin around $0.003-0.004 per share for marketable orders (removing liquidity). This advertised fees is also standard with other brokers such as SpeedTrader, CenterPoint or IB. https://centerpointsecurities.com/stock-broker-dealer/pricing-brokerage-fees/ I looked at few of my trades, and I saw IB also charges me in the range of 0.003 per share ECN fees in addition to 0.002 tiered per share commission trucutre. See below my IB commissions on 3 trades on MU and AMD. My calculation for IB with 0.002 per share commission shows: One of our trades ECN fee: Overall, I think ECN fees of CMEG is not unreasonable. I see why most people got surprised, because they did not have it on August and before. But you should know that CMEG made a mistake so far by not charging those properly. ECN fees are common to be charged to traders by all brokers. Am I missing something?