Don's openings and more for 2005

Discussion in 'Journals' started by Don Bright, Jan 3, 2005.

  1. Yeah, no fills today...bummer.

    You might like this:

    Here is the cut and paste from the Trader's Monthly "Top 100 traders" of 2004. You can get the whole thing by going to:

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    Bob Bright
    City: Las Vegas
    Firm: Bright Trading
    Age: 65

    A senior statesman among prop traders, Bright still lights it up. The NYSE-listed equities market has always been his sandbox (he dislikes Nasdaq market makers), though he dabbles in futures an doptions, mostly equity indices. Lately, he has been employing a pairs-trading strategy. "He's thrilled over the NYSE merging with ArcaEx – it's a big win for prop trading," says his brother, Don. When he's not trading, Bright scours the Strip for a baccarat table from which he hasn't been banned. He also owns Bugsy Siegel's 1933 Packard limousine.
    Estimated income: $15 - $20 million

    http://www.traderdaily.com/magazine/article/485.html

    The Trader Monthly 100
    The highest earning prop and independent traders in 2004

    By: Rich Blake , Imogen Rose-Smith , Robert LaFranco
    Issue: June/July 2005 , Page 70


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    The Top Prop & Indie Traders
    THE TRADER MONTHLY 100

    Monday: Hedge Fund Traders
    Part One
    Part Two
    Part Three
    Part Four

    Tuesday: Commodity & Pit Traders

    Wednesday: Prop & Indie Traders

    Thursday: Tycoons & Legends

    Friday: Wall Street & Bank Traders


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    #671     Jun 13, 2005
  2. You should mention that Bob's income is derived from overrides, not trading!!!!
     
    #672     Jun 13, 2005
  3. virgin

    virgin

    Don,



    Let us know what your brother makes from trading !:D
     
    #673     Jun 13, 2005
  4. 3 fills / 800 shares each

    2 long / 1 short -56.00

    blocked mwd...

    -1.25 / + .75 %

    monday.blah.
     
    #674     Jun 13, 2005
  5. Wrong.....the income we stated is simply from Bob's personal trading (and was understated a bit). I do thank you for allowing me, once again, to show that we actually "do" what we "say" ..

    Thanks again....and, yes, even CNBC had it right this time.

    All the best,

    Don
     
    #675     Jun 13, 2005
  6. I think we just did...with the authentication of a national magazine (not that Bob has ever cared about posting his successes, and 2004 merely added a few percentage points to his personal net worth). They did, however, understate it by about $10 Mil.

    And, yes, for all of my "fans" out there....I have never done as well trading as my brother...he is simply the best, in so many ways. What I try to do is take what he knows and share it with our new traders, and yes, make a few bucks trading myself, LOL.

    All the best..

    Don
     
    #676     Jun 13, 2005
  7. virgin

    virgin

    Don,



    Sorry if those numbers are indeed from his
    trading alone:eek:

    Congratulations to your brother !

    I haven't done THAT well, yet....:D
     
    #677     Jun 13, 2005
  8. 4 fills, 3 long, 1 short, 3 small wins, 1 scratch +140.50
     
    #678     Jun 13, 2005
  9. very impressive.
     
    #679     Jun 13, 2005
  10. Depends on how much capital that was used, If he made 15 mm using 15 or 20 mm of capital, then it was indeed impressive. However, if he used 100 or 200 mm of capital, it's average at best.
     
    #680     Jun 13, 2005