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Strategies & Market Trends : SOES Trading

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To: Silicon Trader who wrote (1330)	3/16/1998 8:00:00 PM
From: TraderRick	Read Replies (1) of 1618

Good Luck I believe that you can place All or None orders on Selectnet, but not on SOES. If you haven't been trading long I would suggest smaller order sizes anyway, 200 shares to start with. If you're truly trying to be a SOES trader for 1/8'ths and teenies, it will cost you some in commissions but you can double check your papertrading skills and theories without exposing yourself to 1/2 point losses with 1K shares. Discipline is everything, if a trade goes against you, get out. You can buy back lower. If I could just have 4 trades back, and bail earlier I would be several thou. ahead. This to me is the best single piece of advice to get or give. Rick

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