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Hitman Out of those 750 traders, how many made 6 figures last year?

Something for nothing always sounds good and is very tempting, but it doesn't work that way in real life - especially in trading. :eek:

If your account drops down to 5k at Echo, you either have to put up more money or they will shut you down. You get at least 10 to 1 leverage if you have 25k in your account at Echo. It could be more depending on your experience. And yes, they do hold your funds for 1 year after you close...

Hitman Point well taken and thanks for the offer. This is all business - nothing personal.

Hitman I would be a fool to have any preconceived notions about sitting next to Bob Bright as a newbie trader in his firm. All I said was I would prefer to trade in the same room with a trader of Bob and Don's caliber (and others)who have been doing this for years than in a room made up...

Hitman Aside from commissions (of which you have already explained quite well, in fact too well, regarding your firm's policy on this aspect) maybe we have to consider intangibles like the trading atmosphere and the number of successful traders in a certain office. I know that I would prefer...

nitro I think you want to address your last post to neo hr instead of tntneo.

I'm not trying to pick a fight. I just feel that we should all be honest in what we say - or post. Cheers.

Very nice comments regarding trading with an "edge" - agree fully with what you wrote. Just curious - are you Allen Zuckerman of Realitytrader? If so, you should've stated that you do run a chatroom instead of merely saying you are a so-called "chatroom advocate". With regards to averaging...

swingtrader & Don, Thanks for your replies. I have signed up for the Bright class and if I like what I see & hear in this class, will apply to trade with Bright. I have always been impressed with the timeliness of Bright's people's responses (especially of Don) to any of my questions, and...

swingtrader & Atlanta Did the principals at Bright ( Bob, Don Earl, etc) ever explain what specific steps they take to help new traders? Aside from the monthly seminars, will there be anyone discussing trades and strategies/lessons on an ongoing basis i.e. daily, weekly meetings, etc...

dufferdon Which other site were you referring to regarding short term daytrding? Thanks.

qwiktrade, When you mentioned "Allen" in your post, were you referring to Allen Zuckerman from mtrader? If yes, how has he been doing lately? I know he had a rough stretch latter part of last year.

Rock, Thanks for your reply. I feel the same way about millennium - too many trades for too little money.

Rock, Have you stopped following millennium-traders? If yes, any particular reason why?

The 2 guys making the calls at millennium-traders don't trade - they just make calls.

Thanks for your response mjt. The info you provided was invaluable. Good trading to you.

Would anyone be able to give feedback on Echotrade's seminar held last month? I plan to attend the next one but would appreciate any feedback from past attendees with regards to the value of this seminar. Also wondering if this is more informative than Bright's seminar. Thanks.

wireless I never said the $10/mo fee is being charged so one has the privilege of trading with IB. Far from it. IB's trading platform is structured around its quotes, wherein you click on the Bid/Ask prices to transmit your orders. I trade stocks, so I need the Level I stock quotes in order...

For people complaining about IB charging $10/mo for market data fees (waived if customer generates $30 commission per mo.), what would you rather have - IB not enforcing the $10/mo fee and charging $14.95 commission per ticket or $10/mo with .01/share commissions? Please - let us not be penny...