Questions for Don Bright

Quote from Maverick74:

Don does not offer .0005 for stock rates. In fact, I don't know anyone that does. I'm not saying it doesn't exist, but probably most on ET will not do the kind of volume that would ever get them that rate.


Come on, .0002 is the Canadian firms standard and has been for a few years now. And volume is usually not even an issue.
 
Quote from ScottSam:

Come on, .0002 is the Canadian firms standard and has been for a few years now. And volume is usually not even an issue.

You pay .20 per thousand shares? I know a lot of firms at $2 per thousand, but not .20.
 
Yes, 20 pennies.

But it's not with a 100% payout obviously, or the firms would go under real quick.

Still, it will make an important difference on the bottom line if one's trading involves some measure of volume.
 
Quote from Shreddog:

Looks like it's time to rename the thread to "Questions for Maverick" :p

Yeah tell me about it. This is the last time I start a thread for Don. Sheesh. I bet if I start talking about the 80/20 rule that will get him back in here.
 
Mav: Have you ever been a politician? If you have not been, I bet you would have a good chance if you were to try. As for trading, how much would your firm pay for great market timing signals (paid based on performance) ? How many traders you have at your firm?
 
maverick,

dude you seem like a decent guy.... but kinda seem more of a woman who is never wrong..... just curious are you male or female?
 
Quote from Steelhead:

maverick,

dude you seem like a decent guy.... but kinda seem more of a woman who is never wrong..... just curious are you male or female?

Steelhead, you have been on ET for 6 years now. Come on now, you know damn well nobody is wrong on ET.
 
Quote from Maverick74:

Hey Don, I started a general thread for you. Just like your monthly column in TASC that you do. Now no need to worry, I didn't start this thread to "sandbag" you.

However.......I do have a question for you. I see you are going to be doing one of your marketing events with the "Denver Trading Group" next week. In your advertising piece you mention this "Leveraged ETF's - better than Futures for scalpers."

I was wondering if you could expand on this. I personally think they are a horrible product and far inferior to futures if you want to scalp. But that is my opinion and perhaps others will disagree with me. Just wanted to hear your side of the debate. Others can feel free to weigh in as well.

I'm not a fan of the product(s) either, actually. My only point is that when we charge too much for futures (not set up for trading them with GS) vs. price buying and selling equities. Similar movements...that's all.

I'm sure that there are those with cost structures that may make it a better bang for your buck.

Old fashioned too...I tend to see (or at least think I see, LOL) a slight lag between the e's and underlying baskets and ETF's.

Don

Edit: my "scalpers" - long time traders seem to be able to make money with these stupid things...not suggested for everyone.

Edit 2: My brother is "capped" on costs, and may trade 2000 or more e's per day....but also trades the ETF's. Just for disclosure purposes.
 
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