Rumor: Bright Trader blows up and loses millions

Discussion in 'Prop Firms' started by Daal, Aug 18, 2008.

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  1. Don:

    You've represented your firm admirably, not just in this thread, but in many threads. I'm impressed. If I were a young guy I'd open an account.

    Best to you

    OldTrader
     
    #91     Aug 19, 2008
  2. Thank you don for all your responce
    I know it might be really frustrating answering all these question
    Was he long or short on ELN and boys he must have been trading 1000 of shares i guess - ?
    thanks again don
     
    #92     Aug 19, 2008
  3. Wow, thanks...always nice to hear.

    Thanks again,


    Don
     
    #93     Aug 19, 2008
  4. ElCubano

    ElCubano

    They are just Gator Haters....
     
    #94     Aug 19, 2008
  5. To be honest, I don't know the exact position (it happened weeks ago)...and I'm in a hotel room in SoCal. But, yes, he had 1000's of shares.


    Don
     
    #95     Aug 19, 2008
  6. Maybe he was completely hedged at another brokerage, just wanted to shake off the parasites :)
     
    #96     Aug 19, 2008
  7. Careful Don don't let those chicks know you got money!
     
    #97     Aug 19, 2008
  8. lol why are people acting like this lose is more than a flea on bright trading? if all forgot bright charges up to 2 times or more many other shops on commissions. it wouldn't suprise me if bright is overiding $2-3 mil per month in commission overides. bright always brags that you get massive leverage and overnights and thats one of the perks for using bright so for them to take a few mil hit is peanuts and part of the game. right don?
     
    #98     Aug 19, 2008
  9. ?????

    Elway has two rings:D
     
    #99     Aug 19, 2008
  10. Yummy, yummy!!!!! I love boobies!!!! It's cost me too though...:( :D
     
    #100     Aug 19, 2008
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