PipStop

This will be short post with some general thoughts on my visit to the Bright Trading office for a trading workshop last night. It wasn't really what I expected. It wasn't trading workshop (which I wasn't disappointed by), as much as it was about what Bright Trading does.

To put it simply Bright Trading is a company based out of Las Vegas with an affiliate office in Langley (which is a suburb of Vancouver). It is a prop trading firm - the type of firms Dr. Brett Steenbarger has been writing about in his blog in recent months.

It was highly intriguing, and the presentation by Don Bright, Rob Friesen, and Darren Clifford. The whole concept made me want to be a trader with them. The bottom line, I guess is if you take trading seriously and want to be a full-time trader with the backing and support of an experienced group, getting in with a good prop trading firm seems to be a good solution.

I'm going to get together with Rob next week, and we definitely have a similar type of philosophy of helping others. He's open to writing a variety of articles and perhaps even presenting from the perspective of a professional trader.

Heck, maybe I'll take some time to be a trader for a prop firm like Bright.

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The more I think about it; the more traders I come across - and this is truly ironic because I'm in a business where it's seemingly a no brainer that more traders = more business - but I always seem to come up with more reasons for people NOT to trade than TO trade.

I touched on this yesterday, but the expectations of traders coming into the Forex market are totally out of whack for the most part. Read Dr. Bruce Hong share his 10 reasons who shouldn't be trading. Interesting thoughts.

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As much as Forex traders will have you believe that the Forex market is the best to trade and you don't need to look at trading other markets - that sentiment is unfortunate. There's focus, sure, but don't feel a need to artificially confine yourself.