Quote from Don Bright:
Once again, pure lies by a person who hides behind an alias. I challenge your ill-informed alias to a debate about all this. I know you won't accept it , and I know you don't sound like a successful trader, and yes, I am responding in like kind to a weasel.....care to take me up on it....ms. beech (obvious mis-spelling) .
(see Don smile, what a dork). First, we don't charge our traders for advanced training, we don't charge $600 rent (We actually refund all rent to seasoned traders, with interest)....our training is second to none, our success speaks for itself, and as in all businesses, the whiners end up backfiring all over themselves.
We don't recommend FA software to anyone.
Am I to assume that "YOU" "know what's going on in this industry?"
We grow via "attraction AND promotion" and primarily through education. But, as they say "you can lead a horse to water, but you cannot make a horse's ass into a trader"...
When you reach maturity and are ready for the real world let me know.
(to the ET monitors: Please let this person get into a live chat room with me, so everyone can see real time the difference between traders and whiners....I leave this open for a week, to give beech a chance to prepare some dismal response).
I am "pumped" up after watching Arnold, and also the Demo's debate.
Have a great day everyone!!
ROFL
Don
Just what I expected from you Don, pure hostility and arrogance when confronted with someone who wants to challenge Bright Trading's practices.
The line about refunding traders desk fees is a lie. A friend who worked at bright for a while told me that he tried to receive his desk fee rebate when he left in september (he was there from Jan 1) and was told that he was not entitled to any refund as he was not there a full year- he was told he would have to remain at bright until april of 2004 to see a refund. Further, he was told that this was a "golden handcuffs clause" to keep him trading at bright.
Well, he thought that bright trading would honor its promise to refund his desk fee, especially since YTD he had traded 20 million shares. Instead when he tried to get it, he was told "tough luck" Now that is not very ethical and was the main reason I was upset with your business practices. I know that he still expects to see some money from his desk fees and is pretty pissed about it. Why would your firm not do the right thing and give him the rebate that he is entitled to?? I know for a fact that bright makes TONS of money off of training and commissions, so why is he getting the run-around and having to haggle for a measly few thousand dollars when he generated substantial commission and haircut revenue for your firm during his tenure AND was told as long as he traded over a million shares a month he would receive a desk fee rebate?? He is a man of good faith and it seems he was burned by someone whose only motive is money and not doing the right- and PROMISED- thing.
I think if he was to get his rebate, he would be happy and it would definitely raise my level of respect for how you conduct business.
i don't want to get in an online grudge match, I just want justice for my friend and if it is not served, to warn others of what they are in for. I don't trade with Bright, I am with IB currently. However, I have considered going to bright because the desk fee issue notwithstanding, yeah, you do run a pretty tight ship. But, if I am going to be treated the same way, I don't want to do business with you. I hope you do the right thing by him and if you do, we will talk about getting my account set up.
peace,
bigbeech
I agree, and if you would like to give me half your earnings and sign a multi year contract, I'll waive the initial fee. We look for independent traders, not employees. As I've said before, just a different business model.
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