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To: Charger who wrote (1517)5/4/1998 11:22:00 PM
From: K A Anderson  Read Replies (1) | Respond to of 9440
 
Charger yeah thats a very good artical on how to use the system... many of these SOES brokerages will put you through a 3 to 5 day training class, and then put a broker with MM experience in the trading room with you, and walk you through trades and actually offer advice during the trading day (s).

(Dont even think of doing this solo for a while, that broker will be worth his weight in gold while you learn the playing field.)

The way alot of these traders will do is set up a "board" of about 20 stocks that can be executed any time one of them meets a required "parameter" to buy or sell.

Basically you are working on the same level with MMs but not in cooperation with them... thats why the MMs coined the term SOES Bandits, because more than one MM has been nailed by a SOES trader. But then again they get a special thrill out hammering a SOES trader... not for the weak of heart to say the least. <g>

KAA