SoCal and NorCal Traders.

Discussion in 'Prop Firms' started by Don Bright, Aug 11, 2009.

  1. Thanks for the info Don and I agree, if someone wants to trade longer term (pairs strategy) they would be fools not to sign up with Bright. Your guys in Vancouver have an excellent reputation, but as far as scalping goes it is hard to beat these Canadian firm's cost structure.

    I guess my point here is that I wish the SEC/govt was a little more business friendly to US firms like Bright, given your comment: (and, yes, there are many more fixed costs in the U.S.) I wish they would stop 'protecting' us, we all know who ends up paying these fees in the end.
     
    #11     Sep 17, 2009
  2. These Canadian firms keep a percentage of profits as well, which can offset any additional costs at times. We have hundreds who "scalp" and do quite well by keeping 100% of profits... just clarifying for those on here who don't quite understand the various models.

    All the best,

    Don
     
    #12     Sep 17, 2009