Re: Day Trading Classes
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Kenny,
So how does the compensation for Bright work? Do you get paid a salary and then make more if you do well? Or are you basically just on your own (albeit with access to their resources)?
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Tupacia is correct, at Bright you keep 100% of your profits. You pay commissions per share which decreases in rate with increased volume. The desk fees are also waived based on volume. I don't recall the exact numbers for the fees to be waived, but pretty much anyone trading stocks for a living is get to meet the volume requirements.
Peace,
KennyBanya
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