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Strategies & Market Trends : SOES Trading

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To: Trader SOES who wrote (1543)	8/4/1998 5:01:00 AM
From: Gary M. Reed	of 1618

That post wreaks of sour grapes. What's wrong Trader SOES? Lemme guess, Chris Block stole your girlfriend awhile back and this is how you choose to "get back at him"??? For those who haven't figured it out, 99% of what Trader SOES said was untrue. I traded at Block for about 3 months and had no complaints. Very professional staff. If I ever chose to get back into SOES trading, I would return to Block in a heartbeat. Do they encourage you to trade actively? Sure! Why wouldn't they? Why do people think SOES firms should be non-profit entities? They're in this game for the same reason we are--to make money. As far as your "Bloomberg reader" suggestion, that is about the silliest thing I have ever heard of. Yeah right. If I'm in the middle of three trades, trying to concentrate on the screens, the LAST thing I need is some person barking out that AT&T just released earnings. Anyone with half a brain knows you trade off of what's on your screen--not off of some news release. As far as the "incompetent" and "downright sleazy" comments, that is BS as well. My investors were interested in opening a franchise and as a result, I had the opportunity to meet with Chris and Jeff several times. They always conducted themselves professionally and as gentlemen. Me thinks "Trader SOES" lost money after the first month of trading at Block (like most of us first-month rookies do) and instead of chalking it up as tuition, he chooses to blame Block now. Gary

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