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I still don't get it. Suppose you are spreading YM/ES. So, you are long YM and short the equivalent dollar amount of ES. You can still add/reduce both positions in accordance with your "averaging up" strategy. Now, what prevents you from doing in a single account? What's the need for two accounts?

It works both ways. It's just the impact of the US markets on the global markets may be larger due to the size, so the US->Japan correlation is more noticible than the opposite correlation.

Nikkei opened 1.2% higher. The US is following.

What you had to do was to sell in July and buy back in August. It doesn't rhyme, but it's 275 ES/SPX points of profit.

OK, I get it now, but I am still missing something. Why do you need two accounts to trade this strategy?

I would program and test it for you, but the method needs to be defined more clearly. As someone already noted, there is no indication of how the "trend" and the trend "reversal" are identified.

It would be nice to know how you "track the smart money".

huh?

what?

If I short a stock at $100 and buy it back at $10, I made a 900% return on my investment. Now, where is my GS?

It's always a good idea to mention the name of the author of the article and to provide a link to the original content.

What meltdown and disaster? We are 6.5% from all time high on major indexes.

What can I say. I am not ready to be a guru yet. :)

The guru is long, so follow the guru (i.e. buy ES at 1480):

Thank you. Both the Dow and the S&P will close at their intraday highs today. - nonlinear out.

Yes, I am trying to convert all his followers, so that I can become a new leader and type my posts in bold letters. :)

Reality check below (Dow up 200 since the first call):

Reality check: since Rennick's yesterday's "sell" signal, the S&P 500 is up 25 points. I think that crystal ball was dropped on its head.

JSystemTrader version 6.04 is now available: http://www.myjavaserver.com/~nonlinear/JSystemTrader/JSystemTrader.html There are substantial changes in this release: API-9.0.jar has been superceeded by API-9.2.jar. JSystemTrader now uses the latest production version of the IB API...

My guess is that you have another "oops" in your code that makes your strategy look good in back test. Post it, we'll backtest for you.