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We have a branch office in Boca Raton, check www.worldcollc.com before Don calls his mother I mean Baron to delete this post.

Once again Don is dodging bullets like rain drops but we knew this for a while. Please get off the high horse as Bright offers nothing more than a glorified brokerage service. Bright does not provide capital, it simply gives you bigger chips than you have to play with and the second you lose...

I get 6-8% of the commissions they generate for the firm, depend on the performance of course. Of course, they won't be generating commissions if as a group they are losing money to the market. As the way the deal works is I am responsible for 25-50% of the gross losses before I can see a...

From the team, no. From my own trading, yes.

Excellent question, so here is the 100% honest answer. Currently, including myself, I have 10 guys on the squad and out of those 10, 4 are net positive YTD. As I said before, this is a very raw team with a young team leader, and there will be a lot of growing pains. Yet this is not a bad...

For the first time since I re-tooled Don's open strategy to my personal comfort level, I had to play against a meaningful deficit off the open. Thankfully I was able to prove to myself that I wasn't a one trick pony and I managed to escape this one by a hair. While I barely squeezed through...

Can anyone offer some basic entry and exit rules for a pair trading system? Like what makes a good situation to put on a hedge?

Magna: Because in large caps the BID's and ASK's mean a lot less, it could be gone in one print and there are a lot more shake out's. IIphos: I didn't say I think I had a chance because of it, I said I figured out a different way of managing my positions from a "light touch"...

***trading in the dead zone yetserday seems to have had an enourmous impact on your P&L*** Actually it didn't, as I had a couple of small positions until 2PM when I made a serious run. I only trade the dead zone when I think the market may do something and even then I do very small sizes...

Off to a very solid start as I came out sizzling for April's opener. 14700 shares each way on 13 of 17 shooting, +1256 before commissions, +1010 after, no bullets. Pre-Market: Huge RLX downgrade but the Middle East tensions caused a rise in oil price. 9:30: The "No Regret" open...

I can tell you that with the exception of the hedge fund guys which is an entire different division with totally different rules, I don't think anyone at our firm made more than 2.5 million in 2001. There were approximately a little less than a dozen seven digit performers, half of them...

Look, as much as I love Worldco I have to admit that the type of trading we do is the least risky (read: smallest potato) as far as the overall food chain is concerned. And I noticed how Don Bright called Bright a "big firm" and labelled Worldco something else, sorry Don, Worldco is the second...

Weekend Editorial: After what was a slow nasty start in January, things seem to have came together for me. I had no hope of exceeding what I made last year prior to last month, but now I am up 19K YTD versus 33K at the end of first quarter 2001, there is suddently a ray of hope at the end of...

If you are in New York area, e-mail me exactly what Generic offered you, I am a team leader for Worldco and I do not need $5K from you to trade and I will beat anything they offer. This applies to anyone currently working for Generic as well.

***No holdbacks so that he can built up the reserve of $25K(that allows him to be at 95% payou)?*** You will be hold back half of your 70% until you have 25K (or 35K depend on the terms you negotiated on your contract) in your capital account. ***That is if he starts out with making less...

http://hitmantb.tripod.com/ A STUNNING START FOR APRIL TURNED INTO A DISASTER, AS I LOST MORE THAN 10K IN LESS THAN TWO WEEKS AFTER OPENING UP THE MONTH WITH 12K IN, WELL, LESS THAN TWO WEEKS. IT WAS A COLD HARD REALITY CHECK AFTER I THOUGHT 12K IN FEB AND 17K IN MARCH WAS EASY MONEY...

March was truly a month full of madnesses and emotional rollercoasters, as it was the single greatest month I have ever had as a trader, yet it also carried one of the most painful weekends I ever had to endure. March / February P&L Before Commissions: 17980 / 13847 P&L After Commissions...

If you are in New York area, you can come to Worldco and trade on my team without capital, that's right, you heard that correctly, e-mail me with your background for details.

Closed the month with my 12th victory in a row, 25 out of last 27. 8600 shares each way on 8 of 14 shooting, +735 before commissions, +590 after, no bullets. Pre-Market: Light day, 10AM economic news but a few low tier broker downgrades (LM, BEN). 9:30: I felt sick when I was filled...

***A new trader comes in with no capital.*** I will use an example of a trader on my team, brand new guy, no previous experience, no capital, started with 70% pay out, $4 ticket, 1.4 cent per share (no I did not give him this, the guy interviewed him did, but it is the same rate I started...