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FW: e-mini day trading systems



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Thank you Eric. Those are very interesting emini system development ideas.

Ron Hudson
Tradestation 7 Easylanguage Specialist





> -----Original Message-----
> From: Eric Svendsen [mailto:esvendsen@xxxxxxxx]
> Sent: Monday, February 02, 2004 3:29 PM
> To: OmegaList
> Subject: Re: e-mini day trading systems
>
>
> The noise level of the ES data would suggest that only systems that:
>
> (1)  take the outer edges of the signal and trade into the range
> (countertrade),
>
> (2) take only a few trades going away from statistical congestion (open
> range breakouts)
>
> have any chance at being profitable.
>
> The larger the trade count, the more likely the trades will become part of
> the noise.
>
> A few cents.
>
> ERic
>