2.0
8 Jan 2021
Recommend
CEO approval
Business outlook
Pros
Access to capital. You can get leveraged 10-20 times
Cons
Good ol Vegas boys taking you for a ride. YOU are their business model, risky behavior encouraged (despite initial speeches about the importance of risk management) because you’re paying commissions, which overtime will significantly eat out of your return. (I.e make Bright tons of money) Most, and by that I mean at least 9 out of 10 new traders won’t make it, but they don’t really care because they can get another cohort of fools whom they can lure with “modern strategies”. If you absolutely know what you’re doing, by that I mean a proven track record with real money and you need leverage- it is for you, otherwise do yourself a favor and buy an index fund.
