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1.
*A soldier of a communist country, hence the word "red".

*An online store that sells Russian military perephinelia, including Soviet-era items.
"Cool stuff to check out, until an ego-patriot catches you on it and calls you a commie."
-me
by Dave September 16, 2004
 
2.
Can also be used as a euphimism for a discolored penis.
"My Red Soldier is ready to shoot..."
by Vlad April 12, 2005