I would like to achieve this effect, in terms of outline and stroke:
I want to cut it out an a Cricut machine. But when I go to image trace and outline I cannot get the stroke, no matter what size or color I choose, only fill works.
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Sign up to join this communityTrace the image, choosing the Ignore White option in the settings
Expand the trace, Ungroup it, and do Object > Compound Path > Make
Copy it, and do Edit > Paste in Back, and change the fill colour to red. Note you won't see this colour change as it will be covered by the black object on top.
Do Object > Path > Offset Path and choose an offset to suit
Select all
In the Pathfinder hit Minus Front
Other than tracing it with the pen too to make a shape I found an option that might work depending on how your circuit machine handles files.
1st: I took the image you provided into illustrator and image traced it to clean up the lines.
2nd: I moved the file to photoshop where I used the magic wand tool to remove the background.
3rd: I put a white color overlay on the shape which will not usually be printed or cut by most machines.
4th: Apply an outer stroke to desired thickness.