Re: Untradeable Market Characteristics

[Ian <ianomega@xxxxxxxxxxxxxx>]

Not sure if there is such a thing as an untradable market unless it's 
when prices are absolutely flat! You can't trade that :-)
Most market conditions can be traded with a suitable system - the trick 
is knowing what particular 'mode' the market is in at any particular 
time and then applying the necessary system.
Ian

David Pyle wrote:
> My question is more general theory. What are untradeable conditions?
>
> I understand that as systems switch between active and idle that there are missed trades. These are acceptable as are price patterns that are not aligned with my systems approach.
>
> My surprise has more to do with when my account equity curve flattens when market conditions seem tradeable based on my system's history.
>
> dp
>
>
>
>
> --- On Fri, 3/6/09, Adrian Pitt <apitt@xxxxxxxxxxxxx> wrote:
>
> > From: Adrian Pitt <apitt@xxxxxxxxxxxxx>
> > Subject: RE: Untradeable Market Characteristics
> > To: dpevergreen@xxxxxxxxx, "'Omega List'" <omega-list@xxxxxxxxxx>
> > Date: Friday, March 6, 2009, 8:52 PM
> > Dp,
> >
> > Can you explain what you mean by each system competes
> > against each other? Is
> > only 1 model trading at any one point in time, depending
> > upon market
> > conditions?
> >
> > Also, what do you define as 'untradeable market
> > conditions'? Is that just
> > times when your models are switched off?
> >
> > What are some of the price patterns you feel are
> > untradeable within a
> > multi-system approach? 
> >
> > Adrian
> >
> > -----Original Message-----
> > From: David Pyle [mailto:dpevergreen@xxxxxxxxx] 
> > Sent: Saturday, 7 March 2009 3:44 PM
> > To: 'Omega List'
> > Subject: Untradeable Market Characteristics
> >
> >
> > Hi,
> >
> > I am running a system that does well under several market
> > conditions. It
> > sets three system against each other to compete for trading
> > rights.
> >
> > I have become interested in nontradeable maket conditions.
> > I am surprised by
> > the price patterns that appear to be untradeable within a
> > multi-faceted
> > system.
> >
> > Has anyone done any work on untradeable market conditions?
> >
> > Thanks
> > dp
>