i am really surprised that a "manager" would supercede a great strategy like opening orders handed down by the firm owners. i did not realize that would have that much latitude. pretty bizzare. surf
Pair trading is the biggest thing at Bright these days. Most do opening orders at the open and then transition to pairs and throughout the day. Many also do mergers. Good firm IMO.. If you are interested in training Bright has a mentor group, ask Don about joining that when you get started. The guys that run it are top notch arb traders. I do not know much about Echo but have hear good things. A few Bright traders left to start that firm a few years back. Good luck
Been with echo for quite some time now. Training depends on the office. I personally think it's a great firm. Don't know much about Bright other than the fact than one of our guys left our office for Bright because he wanted to pair trade. Not sure how he's doing. No one I know pair trades other than for the quick intraday hedge. FWIW.
Mr and Mrs John Q Public . Good luck dealing the that "Group". They have Zero money to invest and I would imagine you'r gonna have a hell of a time being a "STOCK BROKER", Financial Adv. Pushing "Investments' to the "Middle Class", who has not a pot to piss in. Fuck, I wouldn't want to be in your shoes.... "Plenty of 6 digit figuers in that "Cold Call" book." has now been turned into 2 digits, if they haven't got the pink slip yet from Corporate America. E
whatever prop firm you choose make sure they teach you about this www.youtube.com/watch?v=ciS_dI2cY-8
Thanks...this obviously happened years ago....as well as the "uptick" stuff mentioned. The 30 to one with us is overnight, big difference. But, in all fairness...Echo is a good firm, just a bit different I'm told from the guys who came back since they were taken over by Merrill Lynch. Rob and Jeff are good guys..... Why not simply chat with both of us, come by the office(s).... for a big decision like this, a few bucks might be well spent. All the best, Don
what diff since Merrill? the net sheet reporting is different..and if anything the short list is better. no other difference that i've noticed.