Friday May 25, 2018 blackFLAG© Futures Trading System

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SAMPLE ALERTS - PAPER TRADES FOR TESTING PURPOSES!

TODAY'S TRADING POSSIBILITIES:

  • Gold /GC is at risk of breaking up the top of the channel.

2:39 PM
%
Net Profit $483.00

Oil Broke Down overnight.

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: 4 Contracts
Maximum Loss Limit / Day $500 (0.50%)
No New Trades.  WALK AWAY!

All Charts Include The Levels Below!

Comments:

    • /ES  

Comments:

  • /CL   

Comments:

  • /GC 

Notes:

Friday.  Today was a great day to test the alerts.  The signals worked very well with Oil and they also allowed me to make some profits on /ES.  With Gold, the screaming alerts came up at the break up of the channels.  The charts provide all the details on today's action on Gold.  I allowed lots of room for the trade to develop and in the end I closed it at a loss after not seeing it develop.  I may move up later in the day who knows.  Control your positions. CLOSE THEM IF THEY ARE NOT PERFORMING AS EXPECTED.  Do it prior to going negative for the day.  I should have closed it earlier.  Regardless of my management of this trade, ended up with a nominal profit for the day.  

As you can see on the trade detail, I keep a very tight trade management.  With Gold, I was experimenting by providing more room but as you can see, it does not work.  Manage aggressively and protect the profits earned.

Minimal Positive Results with Gross Profits of $712.00 for the day!