Just thought I would give a quick summary of our last two weekends, the West Coast and East Coast manager's meetings. Las Vegas for the prior, Orlando for the latter.
I was pleasantly surprised that many managers have been "lurking" on the board, and have had quite a bit of interest from prospective traders who frequent ET. They seem to think it is more of a result from the threads than the ads and stuff....but I am glad to see that the wide range of elite readers has filtered into many offices.
We rolled out our "Bright-at-Home" remote trading platform, to the chagrin of some managers who were fearful of losing traders to the remote arena. We quickly pointed out that, with 40 locations, traders don't have far to go to come into the office, and that each manager can certainly provide "value added" to the traders, new and old.
We discussed the competition to some extent, and we (corporate) were able to counter all the perceived concerns about pricing, connectivity, stability, etc., and with the insight derived from our many visits with other firms (and their "owners") over the last few weeks, we feel very comfortable with our continued growth.
When the manager of even a "smaller, boutique" office saw again the much bigger group (even only half of the total) of office managers, they seemed to feel much better about any "threat" from others.
We emphasized our desire and ability to "grow the industry" and restated our policy of NOT recruiting traders from other firms (of course if they come to us first, they are welcome). We don't want to stoop to the 'nickel and dime' tactics employed by a couple of firms who seem to lack the desire to add to the industry, but rather expect our traders to leave (just to keep the other firm in business for a while). This point was very well received!
Finally we spoke about how we are maintaining a high level of success within our ranks, and how each manager can contribute to this ongoing success via strategic planning and training.
Oh well, just wanted to thank those on Elite for their contributions to Bright Trading....and we will continue to do our best to help the industry we all love. Onward and upward!
(Note to competitors and the "anti Bright" contingent: this thread is simply an informational piece, and I am confident that the majority of other firms don't fit into the negative category described above...as, once again, the "loud" minority seem to cause the anger at times. And I would love to hear what others in the industry are doing to help with overall growth, etc.)
I was pleasantly surprised that many managers have been "lurking" on the board, and have had quite a bit of interest from prospective traders who frequent ET. They seem to think it is more of a result from the threads than the ads and stuff....but I am glad to see that the wide range of elite readers has filtered into many offices.
We rolled out our "Bright-at-Home" remote trading platform, to the chagrin of some managers who were fearful of losing traders to the remote arena. We quickly pointed out that, with 40 locations, traders don't have far to go to come into the office, and that each manager can certainly provide "value added" to the traders, new and old.
We discussed the competition to some extent, and we (corporate) were able to counter all the perceived concerns about pricing, connectivity, stability, etc., and with the insight derived from our many visits with other firms (and their "owners") over the last few weeks, we feel very comfortable with our continued growth.
When the manager of even a "smaller, boutique" office saw again the much bigger group (even only half of the total) of office managers, they seemed to feel much better about any "threat" from others.
We emphasized our desire and ability to "grow the industry" and restated our policy of NOT recruiting traders from other firms (of course if they come to us first, they are welcome). We don't want to stoop to the 'nickel and dime' tactics employed by a couple of firms who seem to lack the desire to add to the industry, but rather expect our traders to leave (just to keep the other firm in business for a while). This point was very well received!
Finally we spoke about how we are maintaining a high level of success within our ranks, and how each manager can contribute to this ongoing success via strategic planning and training.
Oh well, just wanted to thank those on Elite for their contributions to Bright Trading....and we will continue to do our best to help the industry we all love. Onward and upward!
(Note to competitors and the "anti Bright" contingent: this thread is simply an informational piece, and I am confident that the majority of other firms don't fit into the negative category described above...as, once again, the "loud" minority seem to cause the anger at times. And I would love to hear what others in the industry are doing to help with overall growth, etc.)