Recent content by BudFox

I wasn't trying to nitpick; I just thought you were honestly posting those performance numbers...and then going to try to sell us your new black-box system! (LOL). Anyway good luck trading. What firm did you say you were at? Don, good job. I knew the cent per share profit was pretty low...

I'm going to have go ahead and call... bulls**t on that one, Momo. 20c net per share average? I don't think so. On 2000 shares x 25 roundtrips per day, that works out to $2.5 million a year profit. I believe Don Bright has stated before that his best traders earn about 3c - 7c per share...

Maybe you should go to grad school in Europe and learn how to; 1) use punctuation 2) spell 3)speak proper English 4) some manners! Good luck getting a job with that bad attitude. :p

Could someone with a law background confirm whether or not Don Bright is bulls****ing us about the legalities of him posting traders profits?

Most brokerage firms only give you a salary for the first 4 months or so. Then if you don't have enough clients/capital raised they'll show you the door. And if you do, then they switch you to commission pay and you have to live off of that. Each firm's beginning pay scale is different...

Thank you for the time you took to answer this silly question. I needed to double check this information for a Finance project I'm doing for class. I actually ended up answering my own question before you guys responed. For some reason I thought writing an option would be slightly...

The size of the spread is hypothetical. I was just trying to figure out whether or not you would get filled on the bid or ask when writing an option as a retail investor.

Hello, If you WRITE a put option that is quoted at $2.50 bid and $3.00 ask, how much would you receive as a retail trader? I would think you would receive $300. ??? Thanks, Bud