I've started trading with JBT live today. I'll record my experience
here. I am not going to describe exactly details of the strategies,
but I am willing to say that they are variations of the strategy known
as Defender in the JBT distribution. I will be running three
strategies, each trading one ES contract. All three are rather
conservative, meaning that they settle for small gains and small
losses. All three trade the ES from 10am to 3:30pm EST. From
backtesting results over the last 16 months, the profit factor is
around 3 and the PI is around 6. The number of trades is between 250
and 400 per strategy for that period.

Today's results: ran three strategies, D2, D3, and D4. Ended up with +
$328 for the day. D2 is +$101, D3 is +$126, D4 is +$101. Each strategy
made 5 trades. Slippage was near zero, except for one trade where it
was one tick (position was sold at 1152.75 while the current best bid
was 1153). Out of the 15 trades, 12 were profitable.

The purpose of this journal is not so much to publish the performance,
but to report any technical and logistical issues related to JBT in
live trading. For those of you who are trading live with JBT, please
report your observations here. Thanks.

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