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Strategies & Market Trends : Trade What You See, Not What You Think -- Ignore unavailable to you. Want to Upgrade?

To: Threei who wrote (699)	8/1/2001 1:42:14 PM
From: aldrums	Respond to of 867

Thanks for posting your thoughts. Alex

To: Threei who wrote (699)	8/1/2001 5:18:28 PM
From: The Flying Crane	Read Replies (1) \| Respond to of 867

>>"Fast stocks with changing spread require fast fingers..."<< Here is something worth looking into: store.yahoo.com This "ThinkFAST" software, from my limited experience (actually 1 day), has very little to do with thinking but more of reacting to what you see. Interesting is that "in the zone" is mentioned in the description of this software (check the link). I just got it yesterday and am already training myself reacting to what I see. The software gives a series of exercises that require you to use your hand-eye coordination and your ability to recognize a pattern. Sound very much like trading what you see, eh??? .... perhaps, this "ThinkFAST" software is a good warm-up exercise before trading begins...??? Hope it helps... p.s. While I may sound like a "ThinkFAST" salesman, I am not affiliate with the company or the software in anyway. Please refer all questions to the www.toolsforwellness.com or call the number shown at the website.

To: Threei who wrote (699)	8/3/2001 2:32:12 AM
From: Apakhabar	Read Replies (1) \| Respond to of 867

Hi Vadym, I have to admit I didn't trade any SS stocks during the two-week trials. I had planned to trade very conservatively on Monday but I found some opportunities, and basically I've noticed almost no difference at all (after trading about 50,000 shares in three days). I happened to have used SNET preference extensively, too, so I was worried about its demise. No matter. I get the sense that the MM's traders are just as leery about the big-volume capability of SS; it seems like ECN use is up. So far MMs are easier to judge based on the fact that if they want to use reserve they have to offer 1000 shares. But this is more than balanced out by the increase in ECN use; especially ECNs using a reserve feature. MWSE is soesable now, so it becomes a better option. At first I thought that odd lots were not going to be soesable but this so far has not been an issue. I can SOES odd lots buy or sell. SOES executions are faster, I guess, but I really don't see how this affects us individual daytraders. It's fast for everyone, before, it was slow for everyone. You make a good point on Market SOES orders, however. I experimented with a 200 share market SOES order on a smallish stock I liked that was moving up at the open. I got filled 14 cents and 20 cents higher than my initial hit. I sold them ten seconds later another 13 cents higher. It went up another ten cents in a few seconds, and then promptly, in about a minute, went down 90 cents. After hearing so many traders bellyache about MMs "holding up the stock" by SOES delays, I was pleased to note that the speed only means that one will have to make faster decisions; it doesn't mean that trading is going to be any easier or harder, IMO.