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No, I am not putting trader above speculator, albeit I would argue the trader takes on less risk than the speculator but obviously the traders short term reward will be less than the potential huge rewards a speculator will occasionally get. Both professions carry risk. To the next poster...

They are not the same. Since you are exchanging an iPad for a new car you are getting something in return. If you bought an iPad with hopes of selling it at a higher price to buy a new car than you are speculating. If I was stuck in a dessert with no water and with no Internet access but...

Definition of Trading: To exchange one thing for another. Definition of Speculator: To engage in the buying or selling of a security with an element of risk on the chance of profit. Which one are you? I'll answer the question first. When I first got in this business I considered...

You raise a good point about the company offering the guarantee. Investors should always be informed and aware of who is offering the guarantee.

With today's market environment, variable annuities are actually an interesting alternatives to bonds. There are products out there that pay a guaranteed 6% income yeild off your initial investment with 10% income raises every year if you hold the annuity for ten years. You can therefore...

My sheets are so customized to my style they wouldn't do you any good. I'll give you this price of advice though. Trading spreads and trying to catch the reversal for short term trades is just as difficult as buying stock and trying to predict short term trends. You will have more success...

Interesting thread lescor. Most impressive is your volume. But am I reading this correctly? You traded 686,000 shares and made less than 1 penny per share?

ok. I have my account and sub account. I don't trade regular account and lose 5 to 10k in sub account. I then close out regular acct. How does this help bright? I'd rather tactically manage a portfolio of non correlated assets and achieve returns through asset allocation and a little...

I'm sorry I'm not clear on this but let me summarize my understanding. I open a bright account for 20k and elect to open a second account. Bright gives me 5k of risk capital to learn their automated strategies for openings and pairs. Therefore if I lose the 5k, it's bright's loss and I still...

How is it risk free? Do you have to maintain a certain balance? Why not just deposit 5k with you into the house account and you trade it and split the profits? Treat it like a CD and offer investors a guaranteed rate of return....

one question no one asked is how can this sub account/jvc program be no risk and all profits? Don seems to make it sound like they open a second account for you and out of the goodness of their heart they will trade your money, no risk of course and split the profits. Does this sound...

well said.

100x levered! Are you nuts? 1% slippage and your wiped out. No one or no sane person would allow that or even trade with that risk. What r u smoking?

Your math is correct and so was mine. You get an A for that. But what is your point. Brights are in business to make money. If you can't trade within their framework and don't see value in their service than go somewhere else. No one is making you trade through Bright.

Decimals are just another way to express fractions smarty pants. Last time I checked, 1/2 still equals .5 and so on. However I think you mean to say, stocks are no longer quoted and traded using fractions, but instead trade using the decimal system. Hence it also makes sense for firms to...

whatever dude. At .001 per share bright makes $1000 bucks per million shares gross. Yup it makes a huge deal. LMAO.

Interesting no one mentioned modern portfolio theory which is based on asset class allocation and diversification. The most important piece of the theory however that no one talks about very much is correlation amongst asset classes. Reason you buy bonds and stock to round out a portfolio is...

I would trade two gold companies or gold against silver. But I'm not currently. The only pairs I trade now are negatively correlated pairs and going with trend. Trading spreads requires to many trades to make little profits. Favorite pair is spy and tlt.

I had the same thought. Very little profit potential in the reversion. Also thought is that these both distribute dividends each month so Look out for ex dividend. thought

Too many individual circumstances to argue this affectively. Arguments for fixed versus variable depend on how long you plan to stay in your house. Is he propert a rental property or a residence. Are you disciplined enough to pay down principal with the interest rate savings. Does the variable...