Trading Performance Results - PAPER TRADES FOR TESTING PURPOSES!
Jose Azcarate Creator of the blackFLAG© Futures Trading System
Trading Performance Results (Paper Testing Alerts)
The system works beautifully. The operator needs improvement!
Updating Charts this AM
Algo Optimized April 27, 2018 Version 2.0
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
It is embarrassing but yes, I did manage to screw up both entries today and end up with a negative day. Go figure.
Oil as well as ES provided screaming alerts to go long. Check the last chart of each set.
Comments:
- /GC
- The back test was a perfect short entry for Gold. I saw it but was already in trades with /ES and /CL and did not take it. Well, Gold had continuation to the move while the other two no. I should have taken all 3 set ups. Neutral day.
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.
SUMMARY AS OF 7/9/2018 Before market open!
5/14 $109.314 Beginning Balance
7/6/2018, the current balance is:
$115,955.82
Net Profit of $6,641
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