Hi Eugene,

Thanks for participating in this thread.  My comments in-line.

On Tue, Aug 25, 2009 at 2:03 PM, Eugene Kononov <[email protected]>wrote:

>
> A) Since JBT allows for a variety of securities to be traded, the
>> trading window of the strategies may not leave a window of down-time
>> which is currently required to restart everything without creating
>> gaps in data or indicators with insufficient settling-in time before
>> they must be relied upon to trade.
>>
>>
> I don't understand this.
>

Suppose I have strategies that trade strategies in Asian, European and US
markets.  Even if I limit my trading to only RTH, would I ever have the
opportunity to stop and restart the service?  Maybe weekends, unless I am
trading low-volume periods.


> In addition to what is stated in the feature request, I would like to
>> find a way to bring new strategies on-line by placing their class
>> files into the strategy directory, then re-scan this directory for new
>> strategies.
>
>
>
> This is a rather exotic use case. My guess is that you are planning to run
> JBT continuously, without restarting, for weeks and months on some third
> party server, and upload new strategies from time to time? Is that what this
> feature is for?
>

Yes, this is the intent and I believe this is directly in-line with the
'very essense of JBT' as stated below. Why is this then somehow "exotic"?

Some reasons one might wish to discontinue certain strategies, but not
>> others:
>>
>> A) Change of market conditions - Some strategies may be designed and
>> run to work in certain types of market conditions but will likely run
>> poorly in others.  For example, if one has a strategy that works best
>> in highly volatile markets, the trader may elect to enable or disable
>> this strategy when the VIX reaches certain points.  Ideally, JBT would
>> be able to do this automatically, but unfortunately, taking input from
>> another security (VIX, in this case) is not part of the platform's
>> design.
>>
>>
>
> As I commented here
> http://code.google.com/p/jbooktrader/issues/detail?id=16, my view is that
> manual stop/restart of the strategies is at odds with the very essense of
> JBT, which is automated, unsupervised, algorithmic trading. However, one
> thing that I am willing to accommodate is the "stop trading all strategies"
> command via the web admin console.
>

I believe that all of the examples given above are completely in support of
"automated, unsupervised, algorithmic trading".

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