Friday August 10, 2018 blackFLAG Futures Trading System Miami, FL

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Trading Performance Results - PAPER TRADES FOR TESTING PURPOSES!

Trading Alerts For Futures Markets

Jose Azcarate Creator of the blackFLAG© Futures Trading System

The system works beautifully. The operator needs improvement!

FEATURING TODAY!

What Time Frame To Trade

5:00 PM Friday
%
Holding Positions Over Weekend

Updating Charts this AM

Algo Optimized April 27, 2018 Version 2.0

Basic Assumptions:

Account Size: $100,000 USD
Maximum Risk at Trade Entry: $2,000 (2.00%)
Maximum Risk 2 Min After Entry $600 (0.60%)
Adjust To Break Even ASAP
Average Size: 1 Contract when using blackFLAG FTS.
Without blackFLAG FTS: 1 Contract / $125,000 of Capital
Maximum Loss Limit / Day $500 (0.50%)
No New Trades.  WALK AWAY!

Five Outcomes to A Trade

My goal is to be either "Profitable, Neutral or CLOSE TRADE"

  • CRITICAL ASSUMPTIONS NOTE - 4 Contracts are used only once per day per symbol.  The goal is to capture the best setup for the day and get as much out of the market as possible.  Any trades AFTER that trade, (if there are any), have only 1 contract and stops are managed aggressively.

CHANNELS AND CRITICAL LEVELS TO CONSIDER TRADING (Long / Short)

 

Comments:

/ES

 Comments:

  • /CL   

Comments:

  • /GC 

Notes:


WEEK #1 - Net Profit $3,076
5/14 to 5/18/2018

$109.314 Beginning Balance
$112,390 Ending Balance
95 Transactions


WEEK #2 Net Profit $1,628
5/21 to 5/25/2018

$112,390 Beginning Balance
$114,018 Ending Balance
 103 Transactions


WEEK #3 Net Profit $5,533
(4 Day Week - Memorial Day on Monday)
5/28 to 6/1/2018

$114,018 Beginning Balance
$119,551 Ending Balance
 96 Transactions


WEEK #4 Net Loss -$4,963
6/4 to 6/8/2018

$119,342 Beginning Balance
$114,379 Ending Balance
84 Transactions 

(Tuesday was a simulation of a negative day trading -$4,317) On this day, I hit my $500 limit too early in the day, so I decided to make it a Big Loss day and hopefully illustrate what it would look like when committing the common mistakes made when trading carelessly.

Otherwise, the week was Small Loss.


WEEK #5 Net Profit $647
6/11 to 6/15/2018

$ 114,379 Beginning Balance
$ 115,026 Ending Balance
96 Transactions


WEEK #6 Away on Vacation
6/18 to 6/18/2018

$ 115,026 Beginning Balance
$ 115,026 Ending Balance
0 Transactions


WEEK #7 Net Profit $1,880
6/26 to 6/29/2018

$115,026 Beginning Balance
$116,906 Ending Balance
64 Transactions


WEEK #8 Net Loss $624
7/2 to 7/6/2018

$116,579 Beginning Balance
$115,955 Ending Balance
89 Transactions


WEEK #9 Net Profit $1,014
7/9 to 7/13/2018 

$116,025 Beginning Balance
$117,039 Ending Balance
210 Transactions


WEEK #10 Net Profit $5,201
7/16/ to 7/20/2018

$116,975 Beginning Balance
$122,176 Ending Balance
160 Transactions


WEEK #11 Net Profit $1,080
7/23 to 7/27/2018

$122,176 Beginning Balance
$123,256 Ending Balance
142 Transactions


WEEK #12 Net Loss $4,278
(One Day of Family News Greatly Affecting My Ability to Focus)
7/30 to 8/3/2018

$123,256 Beginning Balance
$118,978 Ending Balance
130 Transactions

LEARN TO RECOGNIZE THIS AND WALK AWAY - Shut Down Computer!


WEEK #13 Net Loss $ $3,124
8/7 to 8/10/2018

$ Beginning Balance $119,262
$ Ending Balance $116,138
Transactions 138



  • PAPER TRADING PROFITS DO NOT TRANSLATE INTO LIVE TRADING PROFITS.
  • This is just the start to validate a system.

 

Updating Charts

-

friday details 2018-08-10_16-18-41

I will review positions Sunday Night as Asia Market Opens.

friday summary 2018-08-10_16-22-01

During testing, I was placing lots and lots of trades generating fees. Now, I manage aggressively to keep fees low to neutral.