Bright Slashes Rates for 2010.

Quote from oraclewizard77:

With $ 25,000 to fund my account what type of training / mentoring do you offer?

Are traders still making money using your methods?

I currently have a separate $ 15,000 futures account, can I combine all my funds with you and still trade futures? I don't need much leverage on the futures account, I would like to keep around $ 1,000 per contract for day trading, and normal $ 5,500 per contract for overnight.

Looking for training 1st, and going live say 4 - 5 months down the road.
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We can certainly help with the training etc., you might want to keep your separate futures account however.

We have several mentoring groups, you'll be able to meet them during our 3 day class coming up in January if you can make it. Feel free to call to discuss any of this: 702.739.1393 (8-10Pacific is a good time).

Don
 
Quote from tango29:

Don,
On another thread you mentioned you were looking into being able to take on unlicensed traders, any more information on it?
Thanks
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Nope, that's a no-go...in fact waaaay too much "stuff" going on with Regulators and non-broker dealer firms.

Sorry,

Don
 
Quote from puretruth:

Who knows, maybe Don really cares about his traders..
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We spent a lot of time at our recent Retreat going into detail about many of these obstacles. Sub-pennying (how to counteract), flash trades, etc. We have a trader who is working hard to lobby on behalf of all traders in this regard.

And, of course we care....if traders don't do well, they go away...if they do well, they stay, and we like our long term traders.

Don
 
Thanks for all the positive emails...and guess what? We're actually making the whole pricing structure better. And, FWIW, I realize that there some groups that may have super-terrific rates out there....but I also know exactly what the rates are for the primary alternatives we all see here on this board.

Instead of 2 million for .004/.004, you can do it at 1 million.
Above 2 milliion .003 for shares above 2 milliion.
Above 5 million Flat .003 for all shares.
Above 10 million, call me.

Latest rates:

www.stocktrading.com/fees2010.html

Don
 
Quote from Don Bright:

Nope, that's a no-go...in fact waaaay too much "stuff" going on with Regulators and non-broker dealer firms.

Sorry,

Don
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so i guess Bright is not joining the cbsx and inviting non '7' traders to the firm?

when is the cbsx going to start forcing traders to be licensed?

i have to admit i am getting tired of these madoff type cronies forcing their fees/tests on us. it's not like the 7 has any benefits other than sucking the blood out of traders.
 
Quote from snooptrdr:

so i guess Bright is not joining the cbsx and inviting non '7' traders to the firm?

When is the cbsx going to start forcing traders to be licensed?

i have to admit i am getting tired of these madoff type cronies forcing their fees/tests on us. it's not like the 7 has any benefits other than sucking the blood out of traders.
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We'll see how this pans out. At this point, we cannot get any sort of confirmation that the S7 will not be required. Some other minor issues, but nothing major.

I do agree that the S7 has nothing to do with trading.

Don
 
Quote from Don Bright:

We'll see how this pans out. At this point, we cannot get any sort of confirmation that the S7 will not be required. Some other minor issues, but nothing major.

I do agree that the S7 has nothing to do with trading.

Don
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fair enough, good luck.
 
Quote from snooptrdr:

no one said it was, what's your point?
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My guess would be: his point was that the Series 7 test isn't difficult. But -- I'm a native English-speaker. YMMV.
 
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