Exposing one Donald Bright

[murray t turtle]

Hey that was a good warning in a joke!

The one about danger of chart reading at the bottom of the ocean.

_____________________________

Still like to read Chris Columbus and his charts;work is fun.

 

[JackHamptom]

Sure, there's a chart next to every shipwreck at the bottom of the sea... but for every shipwreck there are 1000s of ships with their cargo safely delivered to port, and profits made, thanks to their charts.

Jack

 

[Don Bright]

Originally posted by JackHamptom
Sure, there's a chart next to every shipwreck at the bottom of the sea... but for every shipwreck there are 1000s of ships with their cargo safely delivered to port, and profits made, thanks to their charts.

Jack

Good Answer!!

Don

 

[limitdown]

Originally posted by lidodido


vhehn, I am always prepared to learn new things. I don't think I have stated anywhere that I know everything, or even a lot.

I certainly don't need to be a Market Wizard to know when something is plainly not true, do I? I have tried to stick facts in my assessment of the Bright "school", I don't think it requires truck loads of "judgement" to be able to know what is a good deal and what isn't?

I would like to trade in an office because I miss the camaraderie of my old job. Does every experienced trader have to trade from home?

I have found that at seminars, all seminars, that when something is controversial, or not accepted, as the object example you cited, then one can and does get hung up on that point and frankly doesn't keep track of the presentations and the fact that they have moved on from that point. The problem with "auditing" a class instead of "attending" a class is that one's objectives are called into question. Also, one has to honor the time one spends on an effort.

I for one, attended the training class and kicked myself for not having known about Bright Trading sooner. I too, found some ideals, abject examples and presenters not accurate or to my liking. But I allowed no room for keeping my mind focused on what I didn't agree with, and allowed all the room in the world to absorb what was being presented, as I wasn't familiar with those concepts.

Had you taken a note of what you didn't like, and left it at that for later review, then you probably would have had a far better experience and outcome. Certainly your disposition towards the firm and those successful traders would not have been so skewed negatively.

Just as a word of recommendation, and for my two cents worth, you might want to ask for change; when attending a class - attend to learn; when auditing a class - listen critically (so as to be more critical).

Cheers

PS. As a newbee, welcome to the trading arena. You've got way much to learn. Hope you're profitable.

 

[limitdown]

Originally posted by GreenDog
To give others an idea of the caliber of trader Don's "course" is geared to:

Their office manager gave a little talk during the seminar and to quote from him, "Trading is a great living. I mean what else are you going to do?? -- work at McDonald's?"

At that point in the "seminar" I just thought to myself, "What the hell am I doing here w/ these morons?? Why aren't I at least at Crazy Horse enjoying a cold beer and some t & A??"

--- work at McDonald's??? I had previously been under the impression that there might be a handful of at least "semi-educated" attendees and presenters there. My hopes were dashed fairly quickly upon arrival!

Uh, not to seem on one side or the other, but what's your degree level?

 

[limitdown]

Originally posted by OPTIONAL777
Ponying up $1,000 for the Bright course
Paying out well over $1,000 in expenses
Tallying up $10,000 in lost trading income

Total: $12,000

Finding out you can get the same information free without having to listen to Don by reading posts in the forum------------

PRICELESS

Here are a couple of funny priceless events on par with the money wasted on the seminar:


Priceless

Please feel free to post your own favorite "priceless" moments.


777

actually you can't. for example, OO's or OOO's (Opening Only Orders) were not discussed (see TOP TRADERS thread (http://www.elitetrader.com/vb/showthread.php?s=&threadid=7566) on winning strategies).

this strategy was a winner long before Don made it "more public knowledge". One trader, some 12 months or more previous to the class I attended made well into 7 figures on that method. I never heard of it in these threads until the Bright's decided to present it here and then actively comment on it and encourage others to use it.

For that effort alone, I hold them up against all these other:
1) silent participants who take but never comment/share
2) all these other hucksters like Pristine, and dozens of other denizens who promise to "train you into riches through trading"
3) all these other bitter persons who have nothing better than vile to spew
4) all these other useless comments that add up to less than nothing

When others decide to share profitable ideas and underwrite them through active commentary, then I'll hold them up to praise also.

 

[lidodido]

Originally posted by limitdown


PS. As a newbee, welcome to the trading arena. You've got way much to learn. Hope you're profitable.

Limitdown, perhaps I should be the one to welcome you to the trading arena. If you attended the bright sales seminar and learnt useful, new knowledge, it would appear you are less of a trader than I, for I learnt nothing that I did not already know. Coupled with the BS I encountered, I have no option but to call the whole experience a waste of time. Perhaps you lack the power to be able to concentrate whilst being "hung up" on something you don't like, I don't. I listened to everything and, as I've already said, found the whole thing pretty much worthless.

Perhaps you are calling me a "newbie" as an attempt to discredit my testimony. As you can see, however, I am not alone in my opinion of this don bright trash. It seems the more experienced the trader, the less value he finds in don's bs and the more he sees through it, and vice versa.

 

[nitro]

Originally posted by limitdown


I have found that at seminars, all seminars, that when something is controversial, or not accepted, as the object example you cited, then one can and does get hung up on that point and frankly doesn't keep track of the presentations and the fact that they have moved on from that point. The problem with "auditing" a class instead of "attending" a class is that one's objectives are called into question. Also, one has to honor the time one spends on an effort.

I for one, attended the training class and kicked myself for not having known about Bright Trading sooner. I too, found some ideals, abject examples and presenters not accurate or to my liking. But I allowed no room for keeping my mind focused on what I didn't agree with, and allowed all the room in the world to absorb what was being presented, as I wasn't familiar with those concepts.

Had you taken a note of what you didn't like, and left it at that for later review, then you probably would have had a far better experience and outcome. Certainly your disposition towards the firm and those successful traders would not have been so skewed negatively.

Just as a word of recommendation, and for my two cents worth, you might want to ask for change; when attending a class - attend to learn; when auditing a class - listen critically (so as to be more critical).

Cheers

PS. As a newbee, welcome to the trading arena. You've got way much to learn. Hope you're profitable.

Well,

I couldn't have sait it better!

There is a famous story about Hardy, the great English Mathematician.

One day, one of his students, unable to solve a problem, came to the great Mathematician and asked him "Professor, is this problem obvious?" Hardy looked at the problem for a few minutes, then he sat down and looked it for an hour, then, he went away and locked himself in a room for a week, coming out only to pee.

A little after a week of this, he finally came out of his study and came up to the student and said, "Yes."

If you haven't seen it before, nothing is "obvious." If you already know everything, you may not get anything out of the Bright course...

nitro

 

[vikana]

In trading you have to learn to love your losers. Think about that way: Attending a Bright seminar is a mistake you won't make again

 

[permabull]

I've read most of this thread, and from what I understand, Bright Trading's business model is based on profitable traders. If they make the majority of their traders profitable, then people should cut them some slack, snake oil or not.

They make money, their traders make money. I think the only reason to get all upset about this situation is if YOU DON"T MAKE MONEY.

If I decide to become a trader, I'll definitely go to Bright.

for what it's worth from a perma bull!!!