Recent content by Joseph Pipp

Don, Is it true that you turned down an offer of $75 million for your firm from Refco?

The only way anyone at the unregulated gets his money is through a deal with someone who purchases the accounts who would require a time commitment and a volume minimum and then that new firm would make the customer whole. So if you stay for a year and do x amount of contracts you will be made...

If you rest your case based on that evidence you will lose the case. I agree that being a trader is a requirement for running a trading business. Being a GOOD trader is not. In fact, being a bad trader may even help. It certainly makes you appreciate the trials antribulations that a trader...

What does being a good trader have to do with successfully running a business? Some of the best teachers cannot do what they teach at the level their students can.

Have you called ETG? I did. They quoted me reasonable rates based on volume. I cannot post them here or the mods will freak, but call them.

Go to Bright where you are a customer in disguise. You can get 100% of payout. He is not SIPC, but he has enough money that yours is well protected.

Who would you trade with based on your experience?

gimp, Your response is a marketers dream. You have never trader there and have not had their training yet through years of Don telling everyone how great his training is on this site you automatically responded with something you know nothing about. Good job Don. You now have a masters...

I have to disagree with Trend Fader's point on track records. If a "guru" is selling his sytem based on track record, then yes he should pony up. But, track record means nothing to being able to teach. I have successfully made a great living for 10 years trading, but I couldn't teach a person...

Nice subtle zinger Don! The newer less initiated indeed!

They want him there long enough to have to accept blame for the soon to be inverted yield curve and the associated deflation. Also, no one wants the job.

I actually took the time to read this entire thread. It is quite good. Tampa, regardless of is delivery makes a good point about how to define a champion. A winning athlete is not a champion. Champions overcome adversity to succeed and help others. Chasinfla is looking for the common...

Jackedup, Listen newbie, do the math. I'll make it simple. Which would you rather have? 100% payout on $500,000 buying power or 50% payout on $2 million? Payout is not everything. Payout coupled with rates and buying power determine the economic viability of a deal. How much money do...

Hydroblunt, What is the conclusion I should make? That he believes in his traders and is willing take risks or that he is desperate and has to take shots? I happen to agree with shotdoc, first post or not. Steve makes bets on people and will support you if you show talent. He is very...

Stay on topic or you'll close the thread? What is the topic? I thought it was about firm's no longer with us. This thread ceased to be relevant to its topic pages ago. Anyone can bash Don, he is an easy target. Why don't we start a bash Don thread?