BT ratings

Discussion in 'Prop Firms' started by OHLC, May 26, 2002.

  1. (Bob's answer): "Our traders are too busy trading to get involved"

    (Me again) This is what's funny about playing the "ratings" game....we could have a hundred or so people log in and say good things, but that would be just as worthless as the detractors who say bad things. No one is perfect, but our track record certainly speaks for itselft.
     
    #31     Aug 29, 2002
  2. Will you ever "get past" categorizing your competitor's attempt to recruit as "errant recruiters" accusing them of "silly mudslinging" and calling them "childish" in their attempts to stay in business.

    You wonder why people call you names????
     
    #32     Aug 29, 2002
  3. exce26

    exce26

    Before putting your money, sit at the office for 30days. You will see what is true, what is not.
     
    #33     Aug 29, 2002
  4. 777....I still don't know why you are so upset by others answering questions, giving honest answers and opinions, and generally sharing our trading community in an upbeat and friendly manner. You speak of SoCal and surfing and all the rest, well I grew up there doing the same thing....I've stayed at Corky Carroll's cabin in Crestline, surfed Trestle's with Hobie Alter, and was on Rich Harbor's surf team before switching rides to Renny Yater's "Santa Barbara Surf Shop" boards. I was "shooting the Huntington Pier" with John Boozer and the boys before you were born probably. I was a member of the San Onofre surf club, with Hal Landis and the other surf rats from the Hollywood area. (To others: these are well known figures and places in the surfing set).

    I've never had a problem getting along with people, and never had a reason to have to make up a "life"....mine has been pretty good, and I enjoy helping others.

    Your attitude doesn't seem to reflect the surfer -type at all, more like that of someone who is upset all the time.

    I would hope that we could chat some day, and get along....hell, even Tim Leary and G.Gordon Liddy had a talk show tour.....and Hitman and I have spoken several times, and got along well.

    Your marketing partner,
    Don... :)
     
    #34     Aug 29, 2002
  5. OK, I've heard the good, the bad and neutral. I attended Bright's seminar in Denver last week. I found it very enlightening, and the "open only order" based on the S&P Futures was interesting. Even developed a spreadsheet to do the calculations.

    Prior to attending the seminar, I searched the <a href="http://groups.google.com/groups?hl=en&lr=&ie=UTF-8&oe=UTF-8&q=%22bright+trading%22+group%3Amisc.invest.*&btnG=Google+Search">newsgroups</a> for articles on Bright Trading Google Search. There was nothing positive and nothing negative.

    You can read my post at <a href="http://groups.google.com/groups?q=%22bright+trading%22+group:misc.invest.*&hl=en&lr=&ie=UTF-8&oe=UTF-8&selm=OlD89.16319%24WJ3.2702695%40news1.news.adelphia.net&rnum=3">Chris's Post</a>. There were no responses to my post either. Having been in marketing, I know that someone with a complaint will gleefully respond if that person can hurt the individual the inquiry was initiated on, while someone with something positive to say will probably not respond. Nothing positive, nothing negative. A lot of individuals read these newsgroups.

    The Bright brothers are not afraid to call Wallstreet a bunch of crooks. Wallstreet is. Their job is to take your money. I started with a meager $2000 account in Scott Trade so I could learn how to trade. I've lost $800, but this is like paper trading for me with the emotions included that you won't experience while truly paper trading. Then I got my eyes opened when I started using TradeStation. I placed 2 limit orders (one in Trade Station and one in Scott Trade) for 500 shares of a stock at .005 above the current bid on a low volume stock (so I could see if I could view my bid on a level 2 screen). The ask was 10 cents more. On tradestation about 2 seconds later, ISLD# popped up with my bid, and it was at the top of the tier on the bid side. It was filled 2 seconds later. Scott Trade was still pending. Eventually, Scott Trade filled it at the ask when the ask drifted down to my limit bid. I was already out of the trade station trade with a 2 cent profit per share profit on the trade. So this confirmed what Bright told me, that my broker worked against me. They seem to know their stuff. At 47 per trade, I won't make any money on this account because the trades I can do ammortize the commission over a whole trade to anywhere from 10cents to 50cents. Gotta make a big move before any profit.

    OK guys, I'd like to see some replies to the newsgroup links above. Should I go with Bright Trade? Should I keep looking? I'm open minded. What are the pros and the cons?

    Cheers!

    <img src="http://www.it-solutions.com/troop66/Salute.jpg"><br>
    America is Returning to the Values
    Scouting Never Left
     
    #35     Aug 29, 2002

  6. One of the greatest tricks of a salesman is deflection. A good salesman attempts to deflect criticism by not dealing with an issue or question directly. They attempt to chummy up to the person who is offering up the criticism, attempt to bond with that person by finding a common ground, attempt to change the subject, and subtley try to make the person who initiated the criticism wrong in what they are doing and saying. If a salesman can make some bridge of friendship, the buyer has a harder and harder keeping to their objectivity that the salesman is really not their friend, but their enemy. He begins to think, this is not such a bad guy, he wouldn't lie to me, take advantage of me, or abuse me. It is just he con of a salesman at work, and the best salesmen are the best cons.....whether they are selling a product, a service, a political agenda, a religious belief, or anything else.

    You display all the sales tricks and psychological attempts that salesmen use, and you can believe me or not, I know just a wee bit about the science and psychology of the sales process.

    The "Winning Friends and Influencing People" approach is about the "friendship" between a salesman and a customer, between a ho and a John, and between a recruiter and the firm they are recruiting for.

    I am not upset at all by "others" answering questions. I am actually not "upset" by you employing constant marketing and recruiting practices...I just call em the way I see em.

    And just as you see me in the light of your choosing, employing your psychological evaluation of me and my motives (you really don't know who I am and what my motive is, so it is just speculation on your part), I see you in the light of my perspective.

    I don't expect you to change your perspective, and you would be unsuccessful in changing mine with the tricks in your bag.

    I have not declared you wrong in your perspective of me, I could care less what defense you throw up.

    Make jokes about it, make suggestings that I am helping your marketing efforts, suggest that I am in the wrong, or unhappy, or angry, or have some psychological problem etc. have been your defense mechanism. That is your right, and the approach you have taken. Paint me out to be the bad guy and yourself as the man in the white hat.

    However, since I don't care what you think, and If I cared what you said or thought, why would I even bother once you had made some attempt to dress me down or diminish the validity of the points I raise?

    I will agree with one thing you posted in this thread:

    It does always "look" better coming from your traders. If I had my way, marketing managers wouldn't be able to spend time in the forum defending and pushing their products and services unless a disclaimer was posted in every session stating that they were paying for the right to post there, and that a disclaimer of their product and service were also listed----just like other advertisers in the financial industry are required to.

    You state that you "hope that we could "chat" some day."

    Were you ever to come "clean" that hope might come to pass, but my perspective is that you actually believe your own stuff.

    Yes, Don, we will "chat" some day......

    That day will be the day when Las Vegas freezes over.
     
    #36     Aug 29, 2002
  7. I always wondered about some some so called traders who post here. How can they trade when they are posting all day?

    Nice to hear a comment from the Bobster

    Stock_lover
     
    #37     Aug 29, 2002
  8. mrktwiz

    mrktwiz

    ...at one time I had some respect for you, actually "lurked" in ET's chat room watching your comments during the trading day....
    you seem to have a real problem with Don Bright...I agree somewhat that he is a good marketer...(I used to have my own marketing consulting firm), but you go beyond that and seem to really have to slam the guy.

    I've been personally following Bright Trading for over 2 years, I 'll probably end up trading with them one day, their not perfect, they make mistakes, I have a close friend (who I <just> talked to last night) who just started trading with them 8 days now and he's loving it!!! I know they just incorporated a new training program where they (the management team at Bright) is re-focusing their on their "new" traders and especially Robert Bright is committed to helping the new traders to become successful, how this new program will developed and be integrated into their "current" training class's on Tues/Thursday's for new traders (in Las Vegas at least) I will wait to hear from my friend.

    Optional777 I think if the Bright's wanted to just rip people off, their are far easier ways to do it. I've just lost a lot of respect the more I read your post's, you could probably give a rats ass of my opinion, but....I felt lead by <your> post's to add my personal comments of the Bright's, (I've played 21 with Robert and personally met Don and Robert several times and attended their week long training course) they have their wart's and human characteristic's, but I would feel very comfortable trading next to them, and hope I can make that happen one day.

    Regards...but less respect .....

    mrktwiz
     
    #38     Aug 29, 2002
  9. Mrktwiz,

    Thank you for taking the time to express your opinons and communicate your experiences to me. You sound very sincere, and I can't recall any experience with you that would cause me to doubt your sincerity.

    I understand your position, and all anyone can ever do in life is have their own experiences and attempt to make sense of them. You have your experiences to draw upon, and I have my experiences.

    In addition, I don't see the experiences you have had as right or wrong in any way, and neither do I view your experiences as corrrect or incorrect----just a different set of experiences than mine---and perhaps that is the reason for our differnet sets of conclusions about the topic at hand. We might have a discussion on how to most effectively interpret our experiences, but I don't know if this is the right place for that.

    I also understand how you could lose respect for me....perhaps your first impressions of me were incorrect and now you see the real thing, I don't know.

    Regarding Bob Bright, I don't think I have ever made a comment concerning Bob Bright---positive or negative. I haven't had any experiences or interactions with Bob Bright, consequently I have no foudation on which to form an opinion of him or his business practices one way or another. I certainly do not hold him to the task of being his brother's keeper, however if he is aware of and supportive of any business practices taking place at his firm that fall into the category of unethical business practices---I would take issue with that.

    As you know, I am in the chatroom from time to time, and of course you may always have a private or public conversation with me in the chat room if there is more you wish to express, or if you wish to have any further feedback feel free to ask.


    Good Trading to you.


    777
     
    #39     Aug 30, 2002
  10. Bryan Roberts

    Bryan Roberts Guest


    actually most bright traders don't have internet access at their trading station so they can't anyway.
     
    #40     Aug 30, 2002