Wednesday August 1, 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!


How Much to Risk on Each Trade

Beginner's Guide to Trend Channels
3:00 PM
Big Loss - Unable to Focus Today

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.






  • /CL   


  • /GC 



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 

8/01/2018, the current balance is: 


Net Profit of $8,077

  • See Week #4 - Notes

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

Consider what a bad day looks like.  See below.  For what ever reason, my mind was some where else.  I was completely unable to focus and instead of stopping and taking the day off, I kept on going.  

YOU MUST REALIZE THAT YOU NEED TO TAKE THE DAY OFF WHEN YOU HAVE THIS KIND OF PERFORMANCE.  There is no need to continue to force trades in with out proper execution. 

wednesday detail 2018-08-02_6-51-34

The big lessons come from your bad days and not your good ones. Do not be afraid of having a bad day. There is a lot to learn from it.