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

To: Jay Morrison who wrote (1194)	1/16/1998 7:37:00 PM
From: Bruce Russell	Read Replies (1) \| Respond to of 1618

Jay, you must ride your winners longer than 1/8. Cut your losers fast. Yes, only the extremely sharp will survive. I think your analysis clearly indicates this.

To: Jay Morrison who wrote (1194)	1/17/1998 1:35:00 AM
From: desTROYer	Read Replies (1) \| Respond to of 1618

Jay, There are all sorts of traders. I met one trader at an office(not Block) who traded for 1/8th. He put on over 200 trades a day. This office would not let me trade my system. Personnally I don't see how anyone could do this over a long period of time, but he does! Alot of the traders I have met, fade all moves. I heard of people who just trade common vs. warrants in the same stock. There are alot of ways to play the game. Find one that that fits you - if you lose sleep over it : quit! Commisions aren't cast in stone. Heavy volume traders do get breaks. Don't forget some of the ECN markets(non SOES) have additional costs.