Monday July 16, 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

Trading Performance Results (Paper Testing Alerts)

The system works beautifully. The operator needs improvement!

4:20 PM
%
NEUTRAL DAY

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  Shorted it end of day and allowed the stop to take me out on the spike prior to close.  Price did turn over as expected but I am not keeping a position overnight.  So, stay out and wait for tomorrow to look for new set ups.

/ES may have an interesting Asia / London session.

Comments:

  • /CL   
  • The last OIL chart, (looking back) provides a clear view of how the alert sequences develop overtime.  Of course, the ideal entry was at 6:00 AM but I do not trade that time.  So, I must be able to review price action, alerts and enter the position during the US Session.  As you can see in the transaction detail, I was completely wrong in every instance practically.  (I was focused on the support lines causing a bounce without giving the importance priority of the alerts).  Alerts override the supports.

Comments:

  • /GC 

Notes:

 

5/14 to 5/18/2018

$109.314 Beginning Balance $112,390 Ending Balance

WEEK #1 - Net Profit $3,076


5/21 to 5/25/2018

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

WEEK #2 Net Profit $1,628

(4 Day Week - Memorial Day on Monday)


5/28 to 6/1/2018

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

WEEK #3 Net Profit $5,533


6/4 to 6/8/2018

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

WEEK #4 Net Loss -$4,963

(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.


ACCOUNT SUMMARY - Testing Performance with new system calibration.

5/14  $109.314 Beginning Balance 

7/12/2018, the current balance is: 


$117,429.22

Net Profit of $7,441 


 

Updating Charts

Reviewing Opportunities

monday results details 2018-07-16_16-00-29
monday summary 2018-07-16_16-03-17

There were opportunities to trade which allowed me to enter and maintain a neutral position in the end, while I mess traded Oil.