|
PureBytes Links
Trading Reference Links
|
Thanks everyone for your replies. At this point it
looks like it may be back to the drawing board. Sometimes...this can be a
frustrating business. The results seemed so reasonable...an average profit of
about 3.5 points a day and right about half the time, that I tended to believe
it. I am learning Easy Language so I can tweak these systems, maybe that will
help. I will still paper trade it using a live order entry system that places
fake orders and tracks them. I need to prove it to myself.
In the meantime.....does anyone have any experience
with a system that I can somehow get that is effective in daytrading the
S&P? I have a friend who is using eASC 6 ( <A
href="http://www.ablesys.com";>www.ablesys.com ) and did fairly well in his
first month netting about 40 points in live trading. Also does anyone have any
advice ...pro or con with the service <A
href="http://www.futurestruth.com";>www.futurestruth.com they supposedly rank
S&P trading systems?
Sean
<BLOCKQUOTE
style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
----- Original Message -----
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From:
BobR
To: <A title=realtraders@xxxxxxxxxxxxxxx
href="mailto:realtraders@xxxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxxx
Sent: Wednesday, February 13, 2002 11:51
AM
Subject: Re: [RT] E Mini Vs big
contract?????
Its more than just noise. The futures lead
the cash indexes. Signals based on the cash will be late. For
example there are 81,000 ticks in the ES each day on a busy day. The
cash indexes have a few thousand ticks each day. There is a lot of slop
on the ES between the ticks on the cash index. That said, I'll pour some
cold water on the reasoning I just layed out because there are systems that
generate signals off of the NYA and are used to trade the ES and OEX
options. So, I guess what I am saying is that it depends a bit on the
bar time like someone else asked. Some folks get excited over tick bars
and some use hourly bars. The important thing is for you to go ahead and
prove it to yourself one way or the other and share the results with
us.
<BLOCKQUOTE
style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
----- Original Message -----
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From:
Sean
Cassidy
To: <A
title=realtraders@xxxxxxxxxxxxxxx
href="mailto:realtraders@xxxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxxx
Sent: Wednesday, February 13, 2002 2:36
PM
Subject: Re: [RT] E Mini Vs big
contract?????
But back to my original question.....and I am
aware that maybe I want this to work to much.....what If you traded the mini
based on buys and sells generated by the index charts? Wont the prices
always be about the same? If I use a 3 point stop.....that should more than
enough to cancel out any noise.....I have never seen a difference of
more than a point. I plan to paper trade this on a simulated account first.
But thanks for the help. Logically....to me anyway....it seems that that
should work.
Sean
<BLOCKQUOTE
style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
----- Original Message -----
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From:
<A title=bobrabcd@xxxxxxxxxxxxx
href="mailto:bobrabcd@xxxxxxxxxxxxx";>BobR
To: <A
title=realtraders@xxxxxxxxxxxxxxx
href="mailto:realtraders@xxxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxxx
Sent: Wednesday, February 13, 2002
11:21 AM
Subject: Re: [RT] E Mini Vs big
contract?????
Right, it might not work. A high to
high and low to low comparison would have to agree and on almost every bar
they don't agree. The actual execution prices will be
different if they occur at all. Create two charts side by side,
one with ES, one with SP, apply the system to both, and see where the
signals occur. There will be percentage differences in the entries
and exits between the two.
<BLOCKQUOTE
style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
----- Original Message -----
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From:
Sean
Cassidy
To: <A
title=realtraders@xxxxxxxxxxxxxxx
href="mailto:realtraders@xxxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxxx
Sent: Wednesday, February 13, 2002
2:08 PM
Subject: Re: [RT] E Mini Vs big
contract?????
Just so I am perfectly clear.....you think
that my system that works so well on the S&P, although it is not
designed for it, would not work on the E Mini? The system is very
simple, it buys above the high of the first bar at the 3rd bar? Or sells
below of the the first bar at the 3rd bar.
<BLOCKQUOTE
style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
----- Original Message -----
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From:
<A title=bobrabcd@xxxxxxxxxxxxx
href="mailto:bobrabcd@xxxxxxxxxxxxx";>BobR
To: <A
title=realtraders@xxxxxxxxxxxxxxx
href="mailto:realtraders@xxxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxxx
Sent: Wednesday, February 13,
2002 11:00 AM
Subject: Re: [RT] E Mini Vs big
contract?????
It is a reality. Take an intraday
ES candlestick chart and overlay an OHLC chart of the SP. Then
create a custom indicator of High of data1 - high of data2 and Low of
Data1 - Low of Data2. These differences are the reason for
different trendlines, trigger level differences, pivots as well
as moving average differences when the H and L are involved in
calculations by themselves or the Close. The extra noise in the
ES obliterates the performance of systems designed for the SP
data.
<BLOCKQUOTE
style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
----- Original Message -----
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From:
<A title=prosys@xxxxxxxxxxxxxxxx
href="mailto:prosys@xxxxxxxxxxxxxxxx";>M. Simms
To: <A
title=realtraders@xxxxxxxxxxxxxxx
href="mailto:realtraders@xxxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxxx
Sent: Wednesday, February 13,
2002 10:51 AM
Subject: RE: [RT] E Mini Vs big
contract?????
Sean
- this is troublesome and bothering.....
are
you using TS4, TS2000i or TS/Pro ?
Tick
bars / 5 minute / 15 minute bars ?
Which
data feed ?
Lots
of variables to consider, but the differences between the 2 symbols
should not be that drastic.....
<BLOCKQUOTE
style="PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #0000ff 2px solid">
<FONT
face=Tahoma size=2>-----Original Message-----From: Sean
Cassidy [mailto:scassidy@xxxxxxxxx]Sent: Wednesday,
February 13, 2002 4:44 PMTo:
realtraders@xxxxxxxxxxxxxxxSubject: [RT] E Mini Vs big
contract?????
I have been using a tradestation system that works
very well on the S&P and Nasdaq Indices. but when I try to use
the same system on the mini s&p and the mini nasdaq......the
results are completely different. What can i do to get these
results in line? I realize the numbers are slightly differenet
between the mini and the index, but the results should be almost
identical.
Thanks, To
unsubscribe from this group, send an email
to:realtraders-unsubscribe@xxxxxxxxxxxxxxxYour
use of Yahoo! Groups is subject to the <A
href="http://docs.yahoo.com/info/terms/";>Yahoo! Terms of
Service. To unsubscribe from
this group, send an email
to:realtraders-unsubscribe@xxxxxxxxxxxxxxxYour
use of Yahoo! Groups is subject to the <A
href="http://docs.yahoo.com/info/terms/";>Yahoo! Terms of
Service. To unsubscribe from
this group, send an email
to:realtraders-unsubscribe@xxxxxxxxxxxxxxxYour
use of Yahoo! Groups is subject to the <A
href="http://docs.yahoo.com/info/terms/";>Yahoo! Terms of
Service. To unsubscribe from this
group, send an email
to:realtraders-unsubscribe@xxxxxxxxxxxxxxxYour
use of Yahoo! Groups is subject to the <A
href="http://docs.yahoo.com/info/terms/";>Yahoo! Terms of
Service. To unsubscribe from this
group, send an email
to:realtraders-unsubscribe@xxxxxxxxxxxxxxxYour
use of Yahoo! Groups is subject to the <A
href="http://docs.yahoo.com/info/terms/";>Yahoo! Terms of Service.
To unsubscribe from this group, send an email
to:realtraders-unsubscribe@xxxxxxxxxxxxxxxYour
use of Yahoo! Groups is subject to the <A
href="http://docs.yahoo.com/info/terms/";>Yahoo! Terms of Service.
To
unsubscribe from this group, send an email
to:realtraders-unsubscribe@xxxxxxxxxxxxxxxYour
use of Yahoo! Groups is subject to the <A
href="http://docs.yahoo.com/info/terms/";>Yahoo! Terms of Service.
Yahoo! Groups Sponsor
ADVERTISEMENT
To unsubscribe from this group, send an email to:
realtraders-unsubscribe@xxxxxxxxxxxxxxx
Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service.
|