1% per day is AWESOME. Remember its compounded 1% X 5 days = 5++% for week....5++% x 4 weeks = 20+++% compounded .......etc etc. Most powerful force is compounded interest.

Just to expand on what's been said before. The discounted commission rate with CMEG is at 0.004 per share with a minimum of 50c per 'ticket'. If you trade a stock and get 125 shares - that would be the optimum no. of shares (125 x 0.004 = 50c). So, if you are taking 125 shares or less, you pay 50c for every entry, partial, exit, etc. If you are taking more than 125, then you start to pay a bit more - e.g. if you open a trade with 250shares, that's $1 right away. I also have a low balance (4-5K), and commission suck, especially if you find yourself a bit down and are then overtrading to make it back. I have found times where I would break even on Gross, but then face a $30 commission/ECN/sec fees. One tip.. Don't trade stocks where the price is very low and you have a tight stop - you may be risking $25, but you are taking 1000 shares right away (you're already $4 down on the trade). I prefer to play higher prices stocks that move by larger dollar amounts, you take a significant amount of lower shares. On the flip side, I don't trade things like $AMZN where it's 3k per share.. maybe you take 3 or 4 shares, and how are you going to partial out? I prefer to trade $50 - $500 normally (although I do trade $TSLA and $NVDA at time too 😉 ) Hope that helps.

Before I started using CMEG, I did as much research as possible and it became pretty clear to me that yes, you do have to use LIMIT. However, I never actually tried anything else to see if it works because I didn't have to. While I don't use Kyle's equalized risk hotkey (which is awesome by the way, but it just doesn't fit my personality), I'm pretty confident that if you replaced the route with LIMIT, it would be pretty much the same. Obviously please verify this and test it thoroughly in sim before attempting it live. And just as a side note, when you use LIMIT and set the price as "Ask" or in this case "Ask+0.05" it essentially works like a market order and you get filled immediately. Hope this helps 🙂

Thank you for your input on this! I'm with IB, so my only source of the confirmed lower comms is what I see in the room. I rarely see actual numbers. I have a question for you, just so I'm passing on correct information, to get that rate, are you using LIMIT in your script? Nothing else special? Bryan W.

Hi there Krooto and best of luck whenever you decide to go live! I'm pretty sure your question has been answered already, but I've been using CMEG for a while and wanted to give you an actual example to ease your mind a little. I also trade using a small account (ok, bit more than 1000 but still below the PDT threshold) and I can confirm that you won't even care about commissions. Yesterday, for example, I traded 4 different stocks and had a total of 24 tickets (which includes all entries and partials) and my total commissions, including ECN fees, were about $14. Suppose I only took one trade and partialled as much as want to, the commission wouldn't be above $4-5 at the most. Hope this helps and keep up the good work because small accounts work just as well as big ones as long as your trades are good.

For members of BBT, Andrew has negotiated a reduced comms plan with CMEG where the minimum fee is reduced to 50 cents per ticket. Please see details at this link: https://bearbulltraders.com/brokers#CMEG

I came from the BTC trading side. 1) If you are "day trading" on BTC, you will need to get on the exchange (i don't do that). 2) If you are "swing trading" it, its not difficult to learn to use a "cold wallet", and move your BTC to a save place in between trades. 3) if long term "investing", you definitely need a "cold wallet".