Top 30 traders under 30

Quote from Don Bright:
_______________________________________
Darren Clifford
Age: 26
Firm: PairCo
City: Kelowna, British Columbia
Trades: Equity
When a big time job at a prestigious Wall Street bank didn’t pan out, Darren Clifford, who had just received his master’s degree from Smon Fraser University, was forced to reevaluate his options.
His timing – it was the summer of 2002 – might have been inauspicious. Tired of waiting for financial services recruiting to pick up post 9/11, Clifford turned to Bright Trading. Training under the Las Vegas – based prop legends Don and Bob Bright, he would eventually cofound his own pairs-trading firm, PairCo, a Bright affiliate. Clifford, along with his partner, Rob Friesen, oversees 40-plus traders. Not being willing to wait for Wall Street to find him has certainly paid off. He will make an estimated $350,000 from trading this year.
He as also brought his family onboard. His father and brother both of whom had been working in the family’s moving business, are Bright traders. “Even my mom was trading for a while.” Clifford says, though she recently gave it up.
Ever the good son, Clifford took his parents to Cancun for vacation this year. But his mother wouldn’t necessarily approve of everything this budding entrepreneur does. His out-of-office activities include “scuba diving, skydiving and skiing – anything with a bit of rush to it.”

All the best to Darren and Rob, good job!!

Don

I'm going to get in touch with Darren...So close to me (compared to New York of Chi-town) and see whats offered in the prop business.
 
Quote from psytrade:

haha - ya you'd be too smart and figure out the gig quick.

On the flip side consider trying to get into a Bahamas outfit with your CFA exam credential. I see alot of ads for those types of jobs on that island.

most of the positions i've seen wanted experience. maybe i'm just not looking in the right places.

trading should work out well. batting over 70% and making 3%+ a day as i continue to refine my system. missed some big moves though, which hurt.
 
That interview is about 5 years old. It would be interesting to know how pairs traders at Bright are doing though. Its been less volatile, so I would think commissions would be eating into CPS a lot more than they used to...
 
Quote from Szeven:

That interview is about 5 years old. It would be interesting to know how pairs traders at Bright are doing though. Its been less volatile, so I would think commissions would be eating into CPS a lot more than they used to...

Yes the game has changed a bit. Intraday trades in pairs are mostly directional and a lot less fading, although there's still many good fade setups over a few days (swing trading) and longer-term horizons. Research is more important than ever.
 
Quote from Szeven:

That interview is about 5 years old. It would be interesting to know how pairs traders at Bright are doing though. Its been less volatile, so I would think commissions would be eating into CPS a lot more than they used to...

Well, in that 5 years Darren has grown his personal group to over 20 traders. And, yes, one of our most successful groups for the last few years.

With our new rates, and a relatively decent trading volume, commissions are not as big a factor as previously.

All the best,

Don
 
lately elite trader seems to be used as promotional platform by mr don for bright trading

I came here to read generic things about the industry or may be few comparions..and not who traded bright and who was brighter in th context of bright n what are new schemes going on in bright...don why don you put these things on your website...

where are the investigators?

Disclaimer: I am not associated with bright or any other prop firm. But a regular visitor to elite trader.
 
Quote from world:

lately elite trader seems to be used as promotional platform by mr don for bright trading

I came here to read generic things about the industry or may be few comparions..and not who traded bright and who was brighter in th context of bright n what are new schemes going on in bright...don why don you put these things on your website...

where are the investigators?

Disclaimer: I am not associated with bright or any other prop firm. But a regular visitor to elite trader.

You caught me on a bad week...was traveling, and had several posts to reply to it seems.

And, don't worry about the investigators, they (and I) keep copies of everything posted here....trust me, you'll find most of my stuff to be binine comparatively.

All the best,

Don
 
It would be nice to be part of this list someday...but I don't think it'll come true anyway. I'm already 29 and I just started trading. Tsk, too bad.
 
Quote from garyjohn:

Never will happen. Traders Monthly went under!

:D

couldn't find any profitable traders to write about?

or printed too many lies?

or both?

Advice to the editor: readers like train wrecks, so publish a new magazine titled: Losing Traders Monthly. I bet it will be so popular that you'll have to publish it weekly or daily. In that case, you just have to change the title to Weekly Losers! or Daily Losers!

The centerfold will be "The Biggest Loser of the Month or Week or Day!" better if they are naked. :D
 
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