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After The Recent Run In Steel, Pro Trader Expects Volatility In Stocks Like Nucor
Monday, April 5, 2021 - 11:31am | 289Rob Friesen, president and COO of Bright Trading, discussed market seasonality and the recent run in the markets on Benzinga's "At The Close" YouTube show last week. Bright Trading offers capital, education and professional tools to members looking to start or continue a...
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Bright Trading Founder Talks Rising Rates, Soaring Stocks And Finding Your Trading Edge
Saturday, March 6, 2021 - 10:27am | 655Bob Bright, founder of Bright Trading, recently joined Joel Elconin on the first episode of PreMarket Prep’s "Last Half Hour Of Power" show. Bright discusses how today’s market compares to the dot-com bubble of the late 1990s, his outlook for stock prices over the...
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One Trader's Account Of September 11, 2001
Wednesday, September 11, 2019 - 9:00am | 739It was just another Tuesday at the Detroit office of Bright Trading on Sept. 11, 2001. The office, which was comprised of 25 traders from Michigan and Canada, were going through their pre-market rituals, studying charts and scouring the news to identify potential set-ups for the upcoming day. CNBC...
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What It's Like To Sell The Low In One Of The Worst Performing Stock
Wednesday, August 16, 2017 - 1:58pm | 383Think you’ve hit rock bottom? Dennis Dick, proprietary trader at Bright Trading LLC and co-host of Benzinga’s PreMarket Prep radio show, sold Snap Inc (NYSE: SNAP) at its nadir this week. Sensing the stock was “overdone” and expecting it to rebound from a then-low of $11.50...
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Bitcoin, Bitcoin, Bitcoin: Why Some Buy And Some Don't
Friday, May 26, 2017 - 11:36am | 854Amid the hype of the WannaCry scare, which catalyzed a 43-percent pop in bitcoin value, the cryptocurrency is all anyone’s talking about. In the last two months, it has more than tripled in price, from $925.20 on March 24 to $2,791.70 May 25. Wednesday’s rate was more than double that...
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The Market's Muted Reaction To The Manchester Terrorist Attack
Thursday, May 25, 2017 - 10:54am | 933When explosions rocked the Manchester concert hall hosting Ariana Grande Monday night, fight or flight instincts kicked in. Bystanders screamed, ran, panicked. The global community cried out in fear and empathy. Reactions made sense. But there was no logic to the response on Wall Street, which...
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Investors Play The Time-Zone Advantage
Saturday, March 25, 2017 - 10:54am | 649Crossing time zones is a profound inconvenience. Whether adjusting to a post-travel bedtime shift or calculating when to call your Pacific Time grandma, the process is a pain. Yes, time zones are certainly inconvenient, but generally nothing more injurious. Until money comes into play. The East...
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Tips For Successful PreMarket And After-Hours Trading, Part 3
Thursday, August 21, 2014 - 3:51pm | 483Premarket and after-hours trading are a mystery for many individual traders. With help from Rob Friesen, Dennis Dick and Dan Steinberg of Bright Trading, this three-part series attempts to tackle some of the questions surrounding extended hours investing. The first part examined added risk and...
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3 Advantages Of Proprietary Trading
Tuesday, August 19, 2014 - 10:51am | 415Proprietary trading firms enable their traders to be successful by providing capital, tools and education. In an exclusive interview with Benzinga, Rob Friesen, president of proprietary trading firm Bright Trading, revealed advantages of prop trading versus retail trading. Regulation Two...
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The Art Of Hedged Swing Trades
Monday, August 4, 2014 - 4:30pm | 409One of the hardest parts of trading is building a strategy that will succeed in multiple market conditions. In an exclusive interview with Benzinga, Rob Friesen, president of proprietary trading firm Bright Trading, revealed how hedged swing trades have been widely successful for traders he...
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4 Things Every Beginning Trader Should Know
Tuesday, July 29, 2014 - 1:02pm | 589No matter how successful, every trader had to start somewhere. In an exclusive interview with Benzinga, Rob Friesen, president of proprietary trading firm Bright Trading, explained a few principles for getting started. 1. Humble Beginnings “Traders have to start small,”...
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Information Arbitrage on High Frequency Trading Tactics
Wednesday, October 23, 2013 - 1:14pm | 58Dennis Dick, CFA discusses “Information Arbitrage” at the Bright Trading school in Las Vegas. Topics include high frequency trading, informed and uninformed order flow, HFT strategy, and tactics for more efficient order execution. Check out the video below for a recap of the discussion.
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PreMarket Info Recap for September 12, 2013: Sector Rotation and Bright Trading's Rob Friesen
Thursday, September 12, 2013 - 9:18am | 179Have you ever woken up to find that a stock in your portfolio made a dramatic move overnight? Are you interested in learning how to understand each day's post-market and pre-market moves? Veteran traders Joel Elconin and Dennis Dick will give you all of the insights that you'll need to get in on...
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PreMarket Info Recap for August 29: Potential Deal for Verizon Wireless?
Thursday, August 29, 2013 - 9:03am | 145Have you ever woken up to find that a stock in your portfolio made a dramatic move overnight? Are you interested in learning how to understand each day's post-market and pre-market moves? Veteran traders Joel Elconin and Dennis Dick will give you all of the insights that you'll need to get in on...
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SLIDESHOW: Five Things Every Prop Trader Must Know
Wednesday, June 19, 2013 - 2:50pm | 289Big banks may be running from it as they attempt to streamline their operations, but there is still a lot of money to be made in proprietary trading. Rob Friesen, President and COO of Bright Trading, LLC, recently sat down with Benzinga to discuss how one of his company's members overcame a bad...