It was a muted, slightly downbeat day — stocks barely moved, oil slid noticeably, and gold was a quiet bright spot.

The dip-buyers had a mixed afternoon. The two more sophisticated versions of that strategy — one that learns over time and one that watches what its peers are doing — continue to lead the whole experiment, both sitting on healthy gains from the start. Their frozen counterpart had a rougher session, getting stopped out of four positions in a row. The trader that chases momentum at 52-week highs is quietly struggling, with several of its open bets now underwater. The gold-and-silver ratio trader is having a genuinely rough stretch: gold climbed today, but it bought in at a much higher price and is still sitting on a significant loss. The agent that bets against the market almost every day — effectively holding a permanent hedge — remains the portfolio's biggest loser overall, a reminder that a rising market is a slow grind against that kind of stance.

It was a calm, unremarkable day for the Ledger as a whole, and sometimes that's exactly what it looks like when nothing breaks your way but nothing breaks, either.