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Intraday ES & NQ markets have been making less and shorter moves
since 8/02 and have slowed down drastically since the beginning of May.
Each move is followed by much longer consolidation taking sometimes
several hours.
Obviously, markets are in a waiting pattern
No wonder your system is showing worse performance - you cannot make
money if the market is not moving.
Jan Philipp
----- Original Message -----
From: "Shraga(Feivi-Philip)" <shraga@xxxxxxxxxxxx>
To: <omega-list@xxxxxxxxxx>
Sent: Wednesday, May 21, 2003 11:33 AM
Subject: Is this month different...?
> Hi everyone,
>
> I've been using an S&P daytrading system since Jan 2002, and in all that
> time profits were very nice every single month (between 30 to 100 points
> per contract every month), with not one losing one. Suddenly this month,
> I'm having trouble. I'm just about break-even, with having had much bigger
> drawdowns than usual. So what should I think? Should I assume that with
> such a track record, this month means the system is stopping to work? Or
> can this be a mere exception. Has anyone else noticed their performance
> being out of the ordinary (in a negative way!) this month?
>
> Thanks in advance...
>
>
>
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