Why Did Bright Close It's Dallas Office?

Quote from F-Trader:

Completely WRONG.

I am in my 40's and trade Remote. I average over 1k+ per day.
I have NO choice. I live on Lake Michigan 160 miles from Chicago.

When I lived in Chicago I still didn't commute. The firm I trade thru has mostly young guys in their 20's. Young guys get very Emotional when they trade, excited when UP and depressed when Down, F'k that chit.

I want Peace and Quiet when I trade. I like to trade without interruptions, people staring over my shoulder, hearing squawk boxes, etc...

I can drive my kids to school and pick them up if need be. NO traffic, no f'n snow, rain, filling gas tanks, parking, trains, etc..

You have to be f'n nuts to want to trade via an office. I've never understood it.

I have a Superior trading computer to any shop, 5 Meg cable, DSL backup, battery backup for hours, cell phone, land line, etc...

I take frequent breaks during the day to play basketball for 10 minutes, walk on the beach, or get the mail/local newspaper.

I forgot, nooky from the wife (just hit it for 5 minutes) during trading hours if I beg. :D

Why the hell would I spend hours a day commuting, dealing with office politics, getting lunch, etc... what a waste of life.
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How am I completely wrong? Because you make money trading from home that invalidates my argument? Are you serious?

Come on people, these testimonials are growing tiresome. I'm giving you the stats. They are what they are. I never said all traders who trade from home are unprofitable. Please do me a favor and read the posts you are responding to. It makes you look more intelligent. Just a suggestion.
 
2nd to last sentence while not comparable reminds me of the old saying.

it is better to keep your mouth shut and let people think you are a fool then to open your mouth and confirm it.
 
mav you are getting a bit over the top here. I've floor traded, upstairs traded, prop traded and remote traded...The worst time I had was in an office with people who thought they knew how to trade. To each his own, you're group may be money, but not the holy grail, i'm quite sure
 
Quote from Maverick74:

How am I completely wrong? Because you make money trading from home that invalidates my argument? Are you serious?

Come on people, these testimonials are growing tiresome. I'm giving you the stats. They are what they are. I never said all traders who trade from home are unprofitable. Please do me a favor and read the posts you are responding to. It makes you look more intelligent. Just a suggestion.
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Where are these stats coming from ? Out of your ass ?


First you say you will not be able to trade to the best of your ability from home. Then people chime in who trade from home and do pretty good. Don Bright gives you his stats that say their most proiftable traders all trade from home. These facts agree with my original reason on why the offices closed, the highly profitable traders CHOSE to work from home with 100% absolute freedom rather than report to a babysitter.
 
Quote from volente_00:

Where are these stats coming from ? Out of your ass ?


First you say you will not be able to trade to the best of your ability from home. Then people chime in who trade from home and do pretty good. Don Bright gives you his stats that say their most profitable traders all trade from home. These facts agree with my original reason on why the offices closed, the highly profitable traders CHOSE to work from home with 100% absolute freedom rather than report to a babysitter.
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I never said anything from the above. Will you please do me a favor and quote where I said any of that? Can you do that for me? You are making this shit up as you go along. And you obviously don't have a clue what you are talking about with this babysitter shit. Seriously, what do you think risk management does? And BTW, do you think if you trade prop from home that risk management is forbidden from calling you? WTF man. Get a grip.
 
Quote from Maverick74:

Yeah, sure you can eek out a teacher's salary staying at home trading your small account. Most traders aspire to more. Most traders want to take their talent to the highest level. That is freedom my friend. And it ain't going to come sitting in mom's basement in your underwear making just enough money to cover your Honda Accords car payment. LOL.
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Quote from frank grimes:

mav you are getting a bit over the top here. I've floor traded, upstairs traded, prop traded and remote traded...The worst time I had was in an office with people who thought they knew how to trade. To each his own, you're group may be money, but not the holy grail, i'm quite sure
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Again, where on God's green earth did I mention anything about my firm or my group? Seriously, READ THE FREAKING POSTS. I think you guys are seeing what you want to see. I mean what the hell. All I did was state a few facts and suddenly we have a whole novel here with intricate storylines and soap opera characters. If you want to challenge something I said, the typical protocol on ET is to quote what I said and respond to it. Not make up something I never said and then have an argument with yourself. Jeez.
 
Hey Mac, mind posting some pics and show this guy the crib, the rides, and if you want even the $ pic :D so he can see what it is like to eek it out on a teachers salary from your mom's basement.
 
Quote from Don Bright:

That being said, our top traders are all remote at this point in time (except for my brother of course). One has never been in an office and is up nearly $2million YTD.
Don
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Is this just a paradox at Bright ?
 
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