> Yes, you're right. I had forgotten that they referenced JBT early in the > paper. So what was your inspiration for this approach to the markets? >
My inspiration was my own lousy manual trading. I realized that unless I automate everything, I'll keep transferring my money to the systematic/automated traders. With regards to the exchange limit order book, it made intuitive sense to me (and still does) that the imbalances in the book (i.e. the supply overwhelming the demand, and vice versa) is what causes the price to move. -- You received this message because you are subscribed to the Google Groups "JBookTrader" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. To post to this group, send email to [email protected]. Visit this group at http://groups.google.com/group/jbooktrader?hl=en. For more options, visit https://groups.google.com/groups/opt_out.
