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It depends a lot on who the potential buyer is...i agree with lescor, that just seems like a poor risk/reward setup...if you're interested in m&as, look at some other takeover companies where the deal is a target date a few weeks away...you might be able to get some good trading in there.

If you want anyone to take you seriously, please get a haircut, you look like one of the Hanson brothers.

Borrowing on your cc to trade is not a good idea...

Flat, took a beating first two weeks and have been spending the rest of the month making it back. However July was a great month.

I like the part in the video where Tim's upset over his big concerned investor packing up "he hasn't even lost any money!" What does that mean, he's paying you in cocaine?

I saw that 4X made easy commercial, why am i not surprised it's from the same company...the girl lying on the couch trading the currency markets, that's believable. 'man eats powersauce bars and climbs tallest mountain' 'it's believable, that's what i like about it!'

Prop firms also have to allow for times when the trader is not 100%, whether it be illness, personal issues, ect. There's been times i've traded when i really shouldn't have.

There's a lot of pairs just trading the trend would work very well...regardless of fundamentals.

Firm wide profitability is a terrible measure...some guys do great at pairs, others don't, whose fault is that? I also feel i've divulged on ET a lot more than what most traders would...in fact, aside from mschey, i don't even know if there are any regular bright traders on here...

What kind of question is that? Do you think Don is going to disclose personal information about any trader's methodology or their account NLQ? You seem to post a lot, do you even trade?

I was a Bright Trader that benefited from the long hlt/mar spread...aside from what Don mentioned the spread was hitting a new 10 year high the day before it jumped on the buyout. I remember telling a trader in my group to hold onto it because it had trended to new recent highs and just...

Well i would probably look at the pairs that had the greatest frequency of success IF i was applying the same criteria for entering/exiting trades. That's a big if, because there's some pairs I have that I trade more frequently throughout a single trading than others I swing trade over a few...

Okay, but in the event of a big news engine it wouldn't really matter that much because after the event i'm no longer to trade it (whether i took a beating or was paid off). To be more blunt I will trade as many pairs as I can at a time as long as i'm profitable on each one. Like the last...

Well if you had a list of 30 profitable pairs, why would you limit that down to 5? You're removing diversification...i just look at total net/loss profit per pair as a measure to determine how good it is. It's very possible that a pair i've done poorly on others are trading it well, but for...

Okay fair enough..to answer your questions: 1. Within the last year the pair trending environment has gotten extremely trendy...I use a lot of percentages of ATRs, standard deviations, ect. all of which that generate specific buy/sell signals for entering trends. I've had to adjust these...

No need for the snippy comments, you've received some decent and honest advice thus far. If you want some more detailed answers how about giving some more info on your pairs experience (as i asked two pages ago).

I haven't been trading pairs since 02/03 so i can't compare. However, as Mike said, pairs trading has gotten very trendy, which many would classify as more difficult. I'd be interested in hearing what you were doing before that made you successful and what wasn't working that caused you to...

I'm a trader in Eastern Ontario that needed the series 7. I was sponsored so i 'm not 100% sure if you need a sponsor or not. You will have to take the test in the states, however. They don't deliver the series 7 exams to Canada, which of course makes sense. I went through a pearson...

There's a lot of traders in bright, probably someone got caught one-sided, are your other once-a-year posts about traders blowing up? And there's a lot of class from the following replies. Any Bright trader concerned about buying power should contact Don, as he's going through each...

I know nothing about this company but the fundamentals look solid from the long side...i think i'll do some more detailed research, see if i can find a sibling to pair it with. Thanks