Investopedia

Continue to Site »

SOES Bandits

Filed Under » ,
Dictionary Says

Definition of 'SOES Bandits'

A slang term for traders who make rapid buy and sell orders, using the SOES system, in order to make a profit from small price changes.
Investopedia Says

Investopedia explains 'SOES Bandits'

Since the SOES executes orders of 1000 shares or less immediately, an SOES bandit has a greater chance of profiting since the bid-ask spread is tight and prices are extremely accurate.

Articles Of Interest

  1.

    Picking Your First Broker

    If you're a rookie investor, your first big investment decision should be an informed one.

  2. The Daily Routine Of A Swing Trader

    From pre-market to after hours, see what you need to do to capture gains quickly.

  3. What Can Traders Learn From Investors?

    Discover tips from a long-term strategy that can help you make better short-term trades.

  4. Day Trading Strategies For Beginners

    From picking the right type of stock to setting stop-losses, learn how to trade wisely.

  5. Introduction To Trading: Scalpers

    This type of trader makes many trades per day to "scalp" a small profit from each trade. Find out how it works.

  6. Electronic Trading Tutorial

    Learn about the systems that run the market. Topics include market makers, specialists, SuperDOT, ECNs, SOES, Level I, II, and III Access, and more.

  7. Lessons From A Trader's Diary

    Discover what this trader learned from his mistakes and how to uncover your own.

  8. How To Start Trading

    Successful trading involves more than reading a few articles or books: you should plan on devoting a substantial amount of time and effort before ever placing a trade in a live market.

  9. Triple Screen Trading System - Part 2

    Market tide is the basis for making trading decisions in this three-part system.

  10. Invest Like A Pro

    By following the strategies of the pros, even a beginner can learn to invest like an expert.
comments powered by Disqus
Marketplace
Hot Definitions

  1. Pattern Day Trader

    An SEC designation for traders who trade the same security four or more times per day (buys and sells) over a five-day period, and for whom same-day trades make up at least 6% of their activity for that period.

  2. Cost-Push Inflation

    A phenomenon in which the general price levels rise (inflation) due to increases in the cost of wages and raw materials.

  3. Happiness Economics

    The formal academic study of the relationship between individual satisfaction and economic issues, such as employment and wealth.

  4. Affluenza

    A social condition arising from the desire to be more wealthy, successful or to "keep up with the Joneses." Affluenza is symptomatic of a culture that holds up financial success as one of the highest achievements.

  5. Icarus Factor

    The term Icarus factor describes a situation where managers or executives initiate an overly ambitious project which then fails. Fueled by excitement for the project, the executives are unable to reign in their misguided enthusiasm before it is too late to avoid the failure.

  6. Angelina Jolie Stock Index

    An index made up of a selection of stocks from companies associated with actress Angela Jolie.
Trading Center