The best thing for Eugene to do is to work on JBT in the form that he likes it. If he no longer likes working on it anymore, then his progress will stop. I don't think he will be upset if anyone uses it as a base for some other variant (although you should give proper credit, as this code that he has given us is quite a gift!) You just have to be willing to get your hands dirty.
On that note, I am now putting out a formal challenge for someone to fork the project to handle multiple instruments! Who has what it takes to see that through from start to finish? I know I have the skill, but I personally do not have the time. On Mon, Nov 15, 2010 at 4:30 PM, Astor <[email protected]> wrote: > Eugene, it is hard to prove the benefit of combining spread trading with > book trading without actually doing it. I think spread strategy can benefit > from some of the indicators available in JBT and vice versa. It does not > make sense to keep the two types of approaches separate, because they are > complimentary. All JBT indicators zoom in on market sentiment. Spread > trading indicators zooms in on relative valuation. When both types of > indicators say "buy", the security is both, undervalued and market sentiment > is turning in its favor - should be a far more consistent performer than > separately. > > Ability to maintain a market neutral exposure is also very important. > > In any event, I will stick around. > ------------------------------ > *From:* nonlinear5 <[email protected]> > *To:* JBookTrader <[email protected]> > *Sent:* Mon, November 15, 2010 9:06:49 AM > *Subject:* [JBookTrader] Re: Live Trading Journal > > > Eugene, now that the JBT performance is so good, can you update > Jarbitrager or > > add spread trading capability to JBT? > > Astor, I know that you've been advocating merging the capabilities of > JA and JBT into a single framework, but I believe they are > conceptually different enough to evolve independently. Over the life > cycle of JBT, I've quite religiously resisted the functionality which > I believe to be "bells and whistles". That includes support for other > brokers, database storage, command line and batch processing, > portfolio management, and various third-party packages for web > console. You can browse these features here: > > http://code.google.com/p/jbooktrader/source/browse/#svn/tags/jbooktrader-fg-0.3 > > I am a big proponent of simplicity. Reducing the JBT code base makes > me happier than adding to it. I'd much prefer to have JBT defined and > developed in a narrow scope, with the small, compact, and well- > understood set of features. In the end, my purpose is not to maximize > the user base, but to maximize the code efficiency in the sense that > would allow me to use JBT to accommodate my trading strategies with > the smallest effort required to maintain and evolve the code base. > > Now, I fully understand that everyone's approach to trading is > different. It may be well be the fact that combining spread trading > with the limit book trading is beneficial. However, until proven so, I > am not willing to put my efforts into it. I hope you stick around, > Astor, as you contributions to both JBT and JA have been valuable. > > > > > > -- > 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 jbooktrader+ > [email protected]. > For more options, visit this group at > http://groups.google.com/group/jbooktrader?hl=en. > > > -- > 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]<jbooktrader%[email protected]> > . > For more options, visit this group at > http://groups.google.com/group/jbooktrader?hl=en. > -- 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.
