Ok, scalping may not be totally correct, but trading in sideways days you basically are picking up all the noise that the trading action generates, in the price range that the market seems to agree on. That's just my opinion though, anyone can interpret a chart and trading behavior however they want.
On Fri, Jun 26, 2009 at 6:49 AM, Crichton McCutcheon < [email protected]> wrote: > > Not sure what you are saying here? > > Shaggs Stud wrote: > > Basically it's shows the defined scalping boundaries, eh? > > > > On Thu, Jun 25, 2009 at 6:51 AM, Crichton McCutcheon > > <[email protected] > > <mailto:[email protected]>> wrote: > > > > > > From my observations, market-depth based strategies tend to perform > > poorly in trending markets and well in > > sideways markets. For example, yesterday the 24th I would call a > > semi-trending day. Balancer did not do very > > well for most input params. Now on Tuesday the 24th, a day the > > market > > moved sideways, Balancer did very well. > > > > > > > > Willy Park wrote: > > > I tested and optimized several times. > > > Most strategy using JBookTrader with ES lost money during last > month > > > and made money during April. > > > > > > I guess this is common for others. Or, can you please let me know > if > > > yours worked well at May? > > > > > > Then, does anyone see what is the difference between the market > > > condition of May and that of April? > > > In addition, what was the main reason why JbookTrader didn't > > work well > > > at May ? > > > > > > I saw that VIX looks lower at May than before and the market > > trend of > > > April was upside. > > > However, I could not explain well when (or on what market > condition) > > > JbookTrader works well. > > > > > > Thanks, > > > Willy > > > > > > On Wed, Jun 24, 2009 at 9:36 AM, Crichton McCutcheon > > > <[email protected] > > <mailto:[email protected]> > > > <mailto:[email protected] > > <mailto:[email protected]>>> wrote: > > > > > > > > > skunktrader wrote: > > > > Today, almost 3 months after the rest of the market, IB > > finally > > > rolled > > > > out 10 deep market depth for Globex futures. Seeing that JBT > > > has only > > > > been seeing half of the market depth info that other > > players are > > > > seeing, I would be very interested to hear from anybody > > that has > > > been > > > > running/testing over the past 3 months to see if there has > > been any > > > > obvious changes in system performance. > > > > > > > > If the performance has not changed over the period, then > > it would > > > > strongly suggest that there is zero predictive info in the > > market > > > > depth stream. > > > > > > > Balancer works well on many days if you can play the > > optimization > > > cat-mouse game. > > > > > > > For what its worth, I have noticed that the balance of the > > top 5 > > > > levels is VERY OFTEN (far more than would be expected) the > > opposite > > > > direction compared to the balance of the top 10 levels. > > > > > > > As Eugene once said, maybe that occurs when a burst of > > market orders > > > come in. Somebody on the > > > "tws api" yahoo mailing list was writing about a way to > > detect that. > > > > Perhaps coincidently, this list seemed to die at around > > the same > > > time > > > > as the 10 deep market depth was rolled out... > > > > > > > Or perhaps they are too busy making money with JBookTrader ;) > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "JBookTrader" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/jbooktrader?hl=en -~----------~----~----~----~------~----~------~--~---
