Search results

Thank you for your responses.... Its correct that there are a number of traders that have stayed in the high volume strategies and have had to up the order size because of the lack of volatility with respect to these strategies...the high volume strategies have generally been brought to fore...

Thank you for your responses...from the number of responses there seems to be some interest in this business model.... The proposed new firm is in the process of forming its own clearing and owning its own software...however will be very similar possibly to your current situation with REDI in...

Can you explain "tuition covers software costs"..?? Why are there software costs...software is provided to all retail types free of charge...are you giving them something else..? Does the clearing firm not have a front end? Don...

(in previous response) Tuition mostly covers software costs...training is via the internet whose foundation are actual daily trading blotters..with the pictures and explanations...simulation...delayed data...then to small lots with live data...students pay tuition but are not made promises or...

(in previous response) Tuition mostly covers software costs...training is via the internet whose foundation are actual daily trading blotters..with the pictures and explanations...simulation...delayed data...then to small lots with live data...students pay tuition but are not made promises or...

Thank you for your responses....from the number of responses...there seems to be some interest in this business model for traders...although the concept is not new...the technology to deliver it...is relatively new...and has become perhaps more possible... Firm's structure is very...

Thank you for your responses.... Firm's structure is very simple.....and we will take full advantage of the internet's capabilities... By the way...I was in the brokerage business when we had squawk boxes telling us what to do...to be a broker you needed to be at least 30 years old...you...

Thank you all for your responses...Will keep all interested parties advised...am interested in your feedback....

Will let you know when the decisions have been finalized...

Firstly....after experiencing the difficulties of maintaining high returns for a hedge fund as assets grew...it has led me to believe that small is good...you can't bet $25 million if the rate of return is best with $5 million... What could be better than a group of individuals who are...

Thank you for your responses...will give you the details after the initial unveiling of the new firm...will keep you posted... I have the utmost respect for you and your firm....my firm will indeed be smaller in terms of bricks and mortar...and the number of traders... Will keep you...

1. Do you have the capital to buy an exchange membership? 2. Do you have a Clearing Firm behind you ($10Mil?) 3. Will you personally guarntee the traders money (or are you simply using the OPM" ....)?? (Not a bad thing, just a different model). 4. Do you want to trade or manage or both...did...

Questions for Don Bright and all other Pro Firm Managers....Traders... 1) Approximately what percentage of your clients have been profitable every year...? 2) Do you have any traders that do not hold overnights...that are profitable every day...? If so...for a year or more...? 3) How...

Again...thank you for your excellent responses.... Questions for Don Bright and all other Pro Firm Managers....Traders... 1) Approximately what percentage of your clients have been profitable every year...? 2) Do you have any traders that do not hold overnights...that are profitable...

Thank you for your excellent responses.... Remember no single business model is perfect...but there are those that are preferable to some... For investors ...they will follow the firms that advertise the most...which in effect raises their cost...but they don't care about another $20 a...

Thank you for you responses... Indeed...this is no new concept.... Its just that there are far more front end firms and almost no back end or profit centered firms.... Clearing firms...self clearing...business structure...advertising costs....bricks and mortar....software....successful...

In my opinion...you are headed in the right direction...

Thank you for you responses... Indeed...this is no new concept.... Its just that there are far more front end firms and almost no back end or profit centered firms.... Clearing firms...self clearing...business structure...advertising costs....bricks and mortar....software....successful...

Thank you for you responses... Tula...you are getting warmer...and indeed...this is no new concept.... Its just that there are far more front end firms and almost no back end or profit centered firms.... Clearing firms...self clearing...business structure...advertising costs....bricks...

Thank you for your responses.... Ok...so what you are saying is that you make about $250 per day net...on an average of 25,000 shares...you pay .005 all in... Thus you make $375 per day and take home $250.... In the new business model you would make $375...and you would pay $25 in...