Rumor: Bright Trader blows up and loses millions

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Don:

You've represented your firm admirably, not just in this thread, but in many threads. I'm impressed. If I were a young guy I'd open an account.

Best to you

OldTrader
 
Thank you don for all your responce
I know it might be really frustrating answering all these question
Was he long or short on ELN and boys he must have been trading 1000 of shares i guess - ?
thanks again don
 
Quote from OldTrader:

Don:

You've represented your firm admirably, not just in this thread, but in many threads. I'm impressed. If I were a young guy I'd open an account.

Best to you

OldTrader
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Wow, thanks...always nice to hear.

Thanks again,


Don
 
Quote from ksonsinc:

Thank you don for all your responce
I know it might be really frustrating answering all these question
Was he long or short on ELN and boys he must have been trading 1000 of shares i guess - ?
thanks again don
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To be honest, I don't know the exact position (it happened weeks ago)...and I'm in a hotel room in SoCal. But, yes, he had 1000's of shares.


Don
 
Quote from baggerlord:

yeha but maybe a million or 2 isn't too huge for Brandon. Especially since it sounds like almost allof it was recent profit.
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Maybe he was completely hedged at another brokerage, just wanted to shake off the parasites :)
 
Quote from Don Bright:

To be honest, I don't know the exact position (it happened weeks ago)...and I'm in a hotel room in SoCal. But, yes, he had 1000's of shares.


Don
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Careful Don don't let those chicks know you got money!
 

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lol why are people acting like this lose is more than a flea on bright trading? if all forgot bright charges up to 2 times or more many other shops on commissions. it wouldn't suprise me if bright is overiding $2-3 mil per month in commission overides. bright always brags that you get massive leverage and overnights and thats one of the perks for using bright so for them to take a few mil hit is peanuts and part of the game. right don?
 
Quote from ElCubano:

on the flip side...the best arm ever known to football didn't get a ring.... Moral of the story....swing big and hard....peace
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?????

Elway has two rings:D
 
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