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Strategies & Market Trends : SOES Trading

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To: Len who wrote (1505)	7/2/1998 1:11:00 AM
From: Darren	Read Replies (1) of 1618

Firms that offer 10 to 1 commissions often expect a portion of your profits for trading "their" money. Don't fall for that trap. Trade your own money or paper trade until you can afford to trade. At 10:1, you are not only liable for your losses, but you are liable for losing "their" money too... There was a Harbor Securities office in Sausalito, CA. It lasted less than 6 months; ironically, about as long as the San Francisco Block Trading office -- there are some very good Block offices though...

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