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Strategies & Market Trends : SOES Trading

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To: Hawk who wrote (1110)	11/13/1997 7:21:00 PM
From: Bernard Newman	Read Replies (3) of 1618

M arc, Misery loves company! Welcome to the club! I traded SOES for about 2 months and lost $13,000...including 3 $3000+ losing days. I have not traded for a few weeks and am not sure if I will go back to it. My experience was the same as yours...not being able to "SOES" out of a stock. The fast movers don't get filled when trying to "SOES" sell and the slow movers, well...they just don't move much and the spreads are larger. If anyone on here has a SYSTEM that they are willing to share, I would be interested. It seems that just trading by the seat of my pants and for 1/8 or even 1/4 is a fools game. This is coming from someone who WANTS it to work. BERNIE

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