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Strategies & Market Trends : SOES Trading -- Ignore unavailable to you. Want to Upgrade?

To: Joseph Francis Torti who wrote (1032)	11/10/1997 11:48:00 AM
From: Candle stick	Read Replies (1) \| Respond to of 1618

Joseph, thanks alot for that tale of your experience. How about that APCC? I sold it long ago in the low and mid 20's and now just a few months later its at new highs..........HA! I stopped trading it and watch and trade about 20 other stocks now.....i was thinking about SOES, but so far have not found anyone who has had a good experience...sounds like too much churning going on for too little money. I guess the best side to be on Is owning the SOES office....commisions must be making them rich!......best of luck to you...........;^)

To: Joseph Francis Torti who wrote (1032)	11/10/1997 4:44:00 PM
From: Mark Davis	Respond to of 1618

I'm glad to see others are being honest and chiming up about the TRUTH re:SOES TRADING. Paper trading, simulated on a computer or otherwise is BS. WHY? The FILLS in and out, are bogus. I found that I could rarely!! get stock at the current offer when I wanted it. If i was willing to buy up a level or two, yes, but the risk reward changes dramatically at that point. Selling is the same, you will MISS the current bid much more often trading the real market, then the demos. As I said in my previous post, there are winning traders, but they are a small minority. The big (read HUGE) winners are the SOES rooms. Heads they win, TAILS you lose. Be very skeptical of the hype. The game was GREAT just a few years ago, but the easy money has been made.