First New York Securities

Quote from limitdown:

seems to me that people would be willing to pay FNYS to learn, even if its their watered down trading style....

that's another avenue that they could persue, but choose not to, for whatever reason.

thank goodness there are millionaires like Michael Parness of Trend Trading to Win, and his television commercials and seminars ....

thank goodness there are firms like Bright Brothers, who take this avenue seriously enough to make it a regular advertised part of their business offerings...

Generic, Schoenfeld, Hold and the few other survivors would all learn a tremendous lesson from those two firms....

FNYS may interview dozens more than one would ever believe but the point is like the one Trump (Donald Trump of The Apprentice) makes, namely his narrow business model suits only those whom he finds worthy.

meanwhile life goes on and others make volumes on those not deemed worthy....
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Shhh, don't tell anyone that by actually training people and providing capital to trade with, that we actually end up with traders making money.....which means they trade more...which means they stay longer...and, yes, BT can even make a buck or two. This is a closely held secret...don't tell.....LOL.

On a more serious note...Steve Schonfeld did a great job with his traders back in the 90's, and Mayer Offman (the Rabbi) did great mentoring some of the early Generic traders....then it seemed like none of the trading firms actually did much training after 2000.

There are "trainers" (a few "schools") - and there are "firms" - but there really aren't any firms that do much training any more (of course, PairCo does a tremendous job with their Bright traders).

Anyway, thanks for the kind words....and I will repeat " FNYS has a fine reputation" .....in keeping with the thread.

All the best,

Don (geez, can the market get any slower......)...
 
Quote from Don Bright:

Shhh, don't tell anyone that by actually training people and providing capital to trade with, that we actually end up with traders making money.....
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Don,

I see your firm is located in Nevada, would you be able to train your traders that might be in the NYC/NJ Area? Or do you have any locations in the NYC area?

Thanks in advance.
 
Guys,

This is a thread about FNYS. If you have any questions for Don (or anyone else regarding other firms) please contact them privately via PM/email, etc. Thanks.
 
It is interesting to note that over the past several years people have posted questions about FNYS and never ever received any feedback from people that have or had actully traded at FNYS.
I highly doubt that those who trade at this firm have ever or read or replied to the posting of Elite Trader.
 
Quote from Cramerholic:

Don,

I see your firm is located in Nevada, would you be able to train your traders that might be in the NYC/NJ Area? Or do you have any locations in the NYC area?

Thanks in advance.
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I have to agree with Magna, please send a PM...thanks!

Don
 
Quote from spunkylives:

It is interesting to note that over the past several years people have posted questions about FNYS and never ever received any feedback from people that have or had actully traded at FNYS.
I highly doubt that those who trade at this firm have ever or read or replied to the posting of Elite Trader.
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that's the point.....

similarly other firms, have a "hush mouth" policy too....

guess it really doesn't matter, as what counts are those that both participate and share, especially on these threads....

for one important reason:

sifting through the hype of advertisements and interviews, as compared to how others have faired helps one decide on what is truth and what isn't

doesn't get much more plain than that
 
Take the self promotion of Don at Bright and NYFS, and you see the difference of the two firms.

One "Retail Prop".......the other is a pure trading firm that puts its money behind the program and effort. the other just acts like a casino.

Don needs to reload his wannabe traders ever few months and the successful one end up moving on to a savior firm with some technology and products.

You will never see NYFS at the Treaders Expo.

This is a perfect example of both ends of the Spectrum.
 
Quote from Magna:

Guys,

This is a thread about FNYS. If you have any questions for Don (or anyone else regarding other firms) please contact them privately via PM/email, etc. Thanks.
More...

or start another thread.
 
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