Who Is Don Bright?

Quote from Wayne Gibbous:

Who is Don Bright? He's the most interesting man in the world. :D



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:D :D :D
 
I don't think Don should take all the heat he gets on this board, it is very nice that someone in his position is so active here thoughtfully answering questions from newbies about prop trading and such. So he pumps his own firm, there's nothing wrong with that, no one can expect anyone to pump someone else's firm, perfectly fine thing to do.

So many of the threads here these days in the other forums by page 2 have turned ino a political yelling match by idiots that have nothing to do with trading or the markets at all. I have always been glad Don has been active on these boards to keep things in the prop forum focused on trading and informing people about the business. I think for new traders especially Bright offers a good entry into the prop trading world and enjoy Don's posts, they are certainly better than all the whackos that post crap all day about politics. Keep it up Don, here's to Don 20,000! :D
 
Who is Don Bright? I'll tell you who Don Bright is - he is the man that saved my life in Nam. Carried me 12 miles on his back, up a hill, to the chopper.
 
My God they were such Dinosaurs in 1997-98 when things were flying 30-50 points a day. I had a live INCA order stuck from their/SLK downed POS RediPlus software at the time and Eddie Franco actually told me over the phone not to worry about it that he was flying his little plane out "in a couple of days to upgrade the software and that would take care of it." The guy seemed totally clueless/indifferent that I needed an execution RIGHT F**KING NOW!

The screaming/teaching phone call that unused I believe led to eddie blowing out the Company to Bob.

Quote from Jachyra:

Actually you got it backwards... Bob Bright is a legend in the trading world... the guy is a math genius and started out as a card counter in the 70's in the Vegas casinos... once he got blacklisted on the Griffin Book (which is where all successful blackjack card counters end up) he took his millions and headed to the floor of the CBOT and turned his millions into tens of millions in the options markets.

Bob Bright and Eddie Franco started Bright Trading together in the early 80's but today I believe Eddie is no longer there and its basically a family run business. Back in the day when there was a Pacific Exchange, most of the traders who left the floor left for their Westwood Office... that office was filled with nothing but former floor guys.

They're not the cheapest place to trade, but as far as prop shops go, they're probably one of the best capitalized and most ethical around... if you're worried about whether or not you're prop shop is going to go out of business, not honor your redemption requests, or not return your capital contribution... then Bright Trading is for you... If you're looking for the cheapest commissions possible and a gazillion to 1 overnight leverage... Bright Trading is not for you.

Now ET is full of not just Bright haters... but trader haters in general... so don't listen to them... make up your own mind... next time you're in Vegas go to their office and have a look around... they have a pretty impressive two story building which they own outright... and they have tons of traders there who have traded with them for 10+ years... you don't find that very often.

As to the original question of the original poster... Don Bright is Bob's brother and handles most of the marketing and communication with their traders. He's also a pretty good trader himself... although not legendary like Bob. He also talks a lot more than Bob :)
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