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well at least that's a more honest way to phrase things. i'm not surprised you got PM's thanks to this thread. the suckers never die, they'll always keep coming, your business is more than safe no matter how much you get dissed. i'm sure you know that. i'd open a prop firm myself if i had the...

good thinking there.

the guy who started this thread asked for statistics because he probably wanted to know: * 'does training and trading at bright significantly improves my odds of being a successful trader?' the answer to that, compounding all your answers plus Don's reluctance to post numbers, is: *...

if there is 90% success, it means that regardless of the trader's unique characteristics, he is most likely to be successful, thanks to the edge he's being taught. if there's 10% success, it means that most people cannot successfully apply what they are taught at Bright, and thus, their...

ROTFL. statistics, by definition, show the general tendency accross the relevant population (in our case, traders). so they don't change randomly depending on the type of students, because they are made ACROSS the student population. if you say "it's up to the trader", then you can say the...

you simply don't want to come out with the numbers. what you do instead is provide narratives which seem to be trying to explain why you don't want to show us these numbers. by now, we can imagine what they look like. the answers are, therefore, clear. yeah, sure, other trading firms are...

Mr. Don Bright, can you simply answer the questions, by posting NUMBERS: * 100 people sign up for the Bright Trading Boot Camp - How many people after 6 months are still trading? Answer: - How many people after 6 months are profitable? Answer: - How many people will eventually...

tele, try your trading system with the YM/NQ instead of ES or ER2. they require much less margin. ps you don't get $500 margin on the ER2 at global.

tele, to recap i would recommend: signing up at global, using a low cost platform (not xtrader). use them for your 'overnight' orders. any other trades, execute through IB. if you decide that entering orders before the bell is not useful, stick to IB and leave global inactive. good luck! 50

i have entered an order at global for NQ at 2:44AM EST utilizing all my account funds assuming $300 margin, and the order got accepted. the $300 margin seems to work 24h.

you know if you seriously consider switching brokers to global, i would actually recommend tradestation instead. they're a decent broker and have a very decent platform too. they waive the platform fee if you trade a certain volume, as well. if they have $500 margin as you mentioned, then you...

i think that the point you are missing is, that if you have so little money in the account, your account will be wiped out anyway on your first random losing streak. that is why margin is not important - because your account should be better funded anyway. this whole $300/$500 margin thing is a...

brown, i wasn't going to get into a position, just to enter an order (far away from the market). if it exceeds my margin it gets rejected. tele, you misunderstood - i have an account with global but trade through IB. there is no connection between them. i get IB's margins in my IB account...

i will try to check this for you after trading hours. i will enter an order for the maximum number of contracts my account balance allows assuming $300 margins and see if it gets accepted or rejected. will let you know. best thing that you can do though, is contact global and ask them about it...

that's correct, broker takes responsibility for the rest of the margin. you have brokers offering $300 and $500 margins, way below exchange requirements.

i have an account at global but trade through IB. margin isn't everything.. in fact, it's the least important factor in choosing a broker imho.

i have $300 margin with them. although i trade via IB. anyway don't know about overnight. good luck margin shopping ;)

in that case, if low margin rates is top priority to you, try global futures. margin won't get lower than that. you should however be aware that you can't trade with such a small amount of money in the account. you will be wiped out after the first few losses. that's why margin requirements...

nothing could be further from the truth. the broker needs to answer to the exchange's margin requirements, however it can require its clients to have any margin that the broker chooses, either lower or higher than the exchange's requirements. IB's margin requirements are lower than the...

correct, it's based on the IE core or whatever, you can stay with IE6, just make sure you keep installing security updates (Windows Update). i tried ie7 and found it to be such pos that i downgraded back to ie6. that's when someone on the board recommended avant and i checked it out.. never...