Monday June 11, 2018 blackFLAG© Futures Trading System update

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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!

11:27 AM
%
Gross Profits $1,000

Big Win

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: 4 Contracts 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 or 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.

Critical Support and Resistance Levels Displayed on the 10 Min Chart!

 

Comments:

/ES

Comments:

  • /CL   

Comments:

  • /GC 

Notes:

 

5/15 to 6/01/2018

$10,723 Net Profit for the two weeks of testing.  


5/29 to 6/01/2018

$5,528 Net Profit for the Week.  (4 Day Week - Memorial Day on Monday)


6/4 to 6/8/2018
Net Loss For The Week.
(Tuesday was a simulation of a negative day trading -$4,317 or so)

Otherwise, the week was neutral.

Monday

Gold provided a couple of entry opportunities.  I took a trade and ended up neutral.

Oil provide the best entry and profit potential.  

S & P 500 also had opportunity but as it is my practice, manage stops tightly and get out if there isn't significant follow thru.  

2018-06-11
summary 2018-06-11_19-23-17