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See Don's column every month
in Stocks and Commodities magazine.
Click here
for past articles.

A Market Maker and Floor Broker on the Pacific Stock Exchange from
1979 to 1989, and Trader and Director of Education for Bright
Trading (one of the largest professional trading firms). Don brings
“reality” to trading. Bright Trading has hundreds of professional
traders, both he and his brother Bob actively trade on a daily
basis. Don writes a monthly column in Technical Analysis of
Stocks and Commodities magazine, and has hosted “Stocktrading
with the Bright Brothers” radio show for 7 years (which
is on hiatus ). Don
brings some of the world's best traders to help teach his 3
Day Training Course and his 2- 4 week "Boot Camps."
After graduating College in 1971, Don went directly into Public
Accounting for a few years. Having gotten tired of "counting other
people's money" - he started American Marine, a ski boat dealership
in Southern California, with a long time friend. He sold that
business in 1976 and went to Washington State to build Racquetball
Courts and took over the Controller duties for a friend's Electrical
Contracting firm. In 1979, his brother Bob invited him down to San
Francisco and persuaded him to join him on the Pacific Stock
Exchange. Don became an Options market maker in April, 1979. He
expanded his role by becoming a dually registered trader, and traded
options and ran the Bright professional brokerage operation,
providing stock trading services to exchange traders.
When asked to address those who want to become career professional
traders, he is quick to make this distinction: “There are only
around 5,000 professional, licensed, discretionary, proprietary traders in the entire
country, including the NY Specialists and the NASDAQ Market Makers.
There are over 14 Million “online investors” (with all the
inherent drawbacks associated with retail customers of brokerage
firms) which slants the odds
way in our favor.”
Don and his brother bridge the gap between long time exchange
traders and the latest in technology and trading strategies.
Don will talk about techniques and tactics that are being used
Today, not old re-hashed trading models being sold by the
uninformed to the uninitiated. Opening only orders based on fair
value calculations, market on close imbalances, order routing,
specialist vs. market maker, current arbitrage opportunities,
pairs trading, Mergers, NYSE Hybrid system etc.
“All the things you must know cold before ever clicking your
mouse.”
You will learn about things that you never knew existed!
Your questions and Inter-Action are encouraged. Feel free to
email Don any trading related questions to:
donbright@brighttrading.net
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