Hi everyone
Some of you may have read third party reviews about Illuminati Trader and I’m glad to say they’ve all been very positive.
One of these reviews was conducted by www.business-opportunity-review.co.uk who posted the following article following one of their traders road-testing the system.
Results for Illuminati Trader
Following our earlier review of this system (which you can read here) here are the results of our trading system expert Steve’s experiences of applying and making trades(paper) over the past couple of months. As you will see the system is looking very favourable indeed!
Trade one
Ok we got into this trade when the trade finder software notified us of a hot trade was afoot with AIG. We entered the trade on the 27th Feb at a strike price of 50.00. The straddle cost $7.90 per stock and was subsequently sold on the 29th Feb for $9.20 per stock. This netted us a return of 16.46%.
Remember we make money either way, so we would have made money if the stock had risen too. As long as there is volatility, we make money. If we had decided to stay in longer with the trade we could have doubled that figure again as you can see by looking at the chart.
Note the minimum you can trade either in a call or put trade is 1 contract. Each contract is made up of 100 stocks. Therefore if you bought 10 contracts at $7.90 straddle, this would cost you $7,900 (which btw is also your maximum exposure) When you come to sell at $9.20, you would sell the contract for $9,200 making a $1,300 profit in two days - not bad!!
Trade Two
This time with Apple Computers. TradeFinder alerted us of a potential trade just prior to the 15th January, extra conformation was evident by the bear flag. We entered the trade at 167.90 and although the price did retrace slightly initially, the stock fell away to make us a nice healthy profit once again when we exited on the 28th Jan at 130.25. A profit of 28.91%.
Trade Three
This time with Arch Coal. Not such a spectacular trade but we still came out on with a tiny profit. TradeFinder alerted us to this trade before the 16th Jan. We sold for 37.30 on the 16th and
managed to exit at 36.40 making a small 2.47% profit. In hindsight we should have hung on and waited for the trade to turn bullish as it eventually did and sold for a huge profit, but time decay can hurt you and you could have ran the risk of the trade staying motionless and losing money if you hung on too long. Trading the Illuminati way is all about making profitable and safe trades and not about taking big risks. Hindsight is a wonderful thing but the emotions almost all traders have (greed, fear and so on) can cause erratic and risky trading. We
trade to a plan and try not to let emotions get in the way.
Trade Four
This time with Intel Corp. TradeFinder alerted us of a potential trade situation due on 15th Jan. We checked out the figures and decided to go for it. Also we were aware of a perfect bear flag forming. We bought a straddle at a 22.50 strike price. The trade cost us $4.10 per stock. We sold on the 22nd January at a price of $6.55 per stock making a nice 59.76% profit! To equate what this means in money terms once again. Say we bought 10 contracts at a straddle cost of $4.10, this would in actual fact cost you $4100 to do so, and this is also your maximum amount of money you could possibly lose too, but that would be very unlikely to happen unless you allow the options to expire (typically 3 months). Now after a week, the price for those options has now risen to $6.55 (or more importantly $6,550) which is what you sell them for. You make $2,450 in one week for about 20 mins work. Ps If you want to know exactly what a straddle is … you will have to buy the course.
Trade Five
This time with MGM Mirage. TradeFinder alerted us of a potential trade on 3rd January. Again a nice bull flag had formed and we decided to go for it. We sold for 80.45 and exited on the 22nd Jan for 70.00 making a 14.93% profit. The ideal time would have been to have exited on the 15th Jan at 65.00 but exiting at 70.00 still made a nice modest profit.
Trade Six
To keep things even, here is a trade that didn't work out with Illuminati. Trade finder alerted us of a potential trade which looked good but refused to move strongly either way. Worse case scenario for Illuminati Traders! We entered the trade on 18th Jan with a strike price of 27.50 for a cost of 5.85 for the straddle. Initially the stock moved to the downside then decided to retrace on us back to where we started which is NOT what we want to happen. We exited the trade on the 5th Feb selling the straddle for 5.00 making a small loss. We could have hung onto the trade to see if it would make a big move but as of today's date it is still moving side-wards and we NEVER EVER hang on to an option more than a couple of weeks as its value decreases over time, eventually being worth 0 when it has expired.
Trade Seven
Here is the final trade results we will show you here. This one was a peach too. We were alerted to the trade around the 26th January with the main news we were waiting for due in on the 4th. On that news release the stock fell from just under $17.00 and fell in ONE DAY to just above $7.50. We exited the trade on the 7th Feb.
A big thanks to the traders at www.business-opportunity-review.co.uk who provided these trades.
All the best
Guy
