A noted electronic trading educator and brokerage firm operator reveals his electronic "battle-tested" trading techniques. Interesting and useful for those involved in or considering day trading in stocks.
Secrets of the Soes Bandit
and over one million other books are available for Amazon Kindle.
Learn more
| ||||||||||||||||||||||||
Book Description
Editorial Reviews
Amazon.com Review
The Small Order Execution System, which gives individuals direct access to the NASDAQ stock market, has spawned a fast-growing cult of electronic day traders who look to profit from price fluctuations and momentary discrepancies in the quotes offered by market makers. Wall Street views them as a pernicious band of rogues. And Harvey Houtkin, author of Secrets of the SOES Bandit, views himself as the merry band's Robin Hood.
Houtkin was one of the first SOES traders. His All-Tech order-entry firm was among the plaintiffs who won a 1993 federal appeals court case that forced the Securities and Exchange Commission to allow wider access to SOES. Much of the book chronicles Houtkin's legal struggles with the SEC and the brokerage industry on behalf of the former "gardeners, hairdressers, and even lawyers" that he says he has trained to trade successfully. While much of Houtkin's book is disorganized and repetitive, readers who stick with it will learn some of the fundamentals of day trading and how to read the "wiggles," "jiggles," and "head fakes" of NASDAQ prices. For anyone curious about day trading, Secrets of the SOES Bandit is not a bad place to begin, though it is only a beginning. --Barry Mitzman
From the Back Cover
Electronic trading strategies that put you directly in the action with the major players! See why Wall Street's market makers don't want you to read this book! Electronic trading pioneer Harvey Houtkin has been dubbed the Original SOES Bandit for his Zorro-like ability to beat the financial industry at its own game. He has the giants of Wall Street quaking in their boots. Secrets of the SOES Bandit reveals how you can bypass your broker's needless delays and enter the private trading domain of the major players with just your PC, your instincts, and a few easily learned Direct Access Electronic Trading (DAET) strategies. DAET allows ordinary individuals to uncover, exploit, and profit from regularly occurring trading opportunities in today's limitless stock markets. You too can seize profit-making opportunities that have earned tens of thousands of dollars and more in a single day! This one-of-a-kind book is your key to the vault! It shows you how to: get instant market access to SOES (NASDAQ's computerized Small Order Execution System) and other computerized trading systems; start your own low-overhead trading operation, in direct competition with the market pros; learn step-by-step how to carve out a profitable, exciting career as a successful day trader using your own home computer! Direct Access Electronic Trading may be little-known outside the canyons of Wall Street today, but it is the wave of the future. Read Harvey Houtkin's Secrets of the SOES Bandit, crack the inter-dealer code, and prepare yourself to reap the rewards of Houtkin's 21st century trading strategies.
Product Details
Would you like to update product info or give feedback on images?
|
More About the Author
Discover books, learn about writers, read author blogs, and more.
Customer Reviews
|
Share your thoughts with other customers:
|
||||||||||||||||||||||
|
Most Helpful Customer Reviews
9 of 9 people found the following review helpful:
1.0 out of 5 stars
A History Lesson and not much more,
By A stock trader (Massachusetts) - See all my reviews
This review is from: Secrets of the Soes Bandit: Harvey Houtkin Reveals His Battle-Tested Electronic Trading Techniques (Hardcover)
If your interested in a history lesson this book is for you. Harvey Houtkin does a good job telling the of the origins of modern day trading and promoting his ego. If your interested in learning how to trade to make money pass this one it's not for you. The title is very deceiving. He doesn't really teach much other than history. He should have been honest with people and not implied that people would learn anything about trading.
6 of 6 people found the following review helpful:
1.0 out of 5 stars
HARVEY-Please stop having people post fake reviews!,
By A Customer
This review is from: Secrets of the Soes Bandit: Harvey Houtkin Reveals His Battle-Tested Electronic Trading Techniques (Hardcover)
Nobody cares about the person. This book is about business, not about what great things Mrs. Houtkin has done for the SOES business. Thus, when it comes to "SECRETS" none are revealed. This book is horrible and I am tired of seeing "shills" come in here and try to boost the already inflated rating on this piece of garbage book. DO NOT BE DECEIVED PEOPLE! There are much better books on this subject matter...This is just an expensive coaster or floor mat. Don't buy it!
2 of 2 people found the following review helpful:
1.0 out of 5 stars
Pure RUBBISH,
By A Customer
This review is from: Secrets of the Soes Bandit: Harvey Houtkin Reveals His Battle-Tested Electronic Trading Techniques (Hardcover)
i have been trading on the SOES for roughly 5 years. this guy should be in jail, first of all, and anyone in the industry knows it. second of all, who writes a book if he's making so much money? a wall street altruist? the info in this book is laughable and outdated. buy 5000 at the market when a market maker isn't looking and post 1/2 point higher? if you talk to the original, ORIGINAL daytek guys from the staten island basement, yeah, that happened, but save your 14 bucks and rent a couple "Wall Street" and "Duece Bigalow." how many ways can i spell "garbage"?
Share your thoughts with other customers: Create your own review
|
|
Tags Customers Associate with This Product(What's this?)Click on a tag to find related items, discussions, and people.
|
