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Strategies & Market Trends : Bright Trading -- Ignore unavailable to you. Want to Upgrade?

To: compradun who wrote (7)	3/23/1999 8:12:00 PM
From: Cash	Read Replies (1) \| Respond to of 14

Got a link to that article? (Is it online?) I think I read it online somewhere, but lost the link. The thing I remember that stood out the most was that it said Bright only gives 75% of their profit. I thought that was wrong, but technically it's correct. They give 75% on any profit you withdraw during the year and as long as you keep a minimum $15,000 balance or an average $25,000 balance, you get the remaining 25% at the end of the year (or sooner if you close your account sooner). So if you need all of your trading profits immediately, that could be a problem. Anyway, you still get brokers call interest on that 25% and can use it towards longer term positions without margin interest if you so desire. I think they due it because of their structure and income tax liability.