Guy gives another useful insight into his trading methods indicated by flag patterns as options continue to be on the expensive side.

Also note the sneak preview of a new tool he is developing to show Implied Volatility.

Go here to read all about his take on Illuminati trading.

Guy's just put up a new post on his Illuminati Trader blog but to save you time I'll reproduce it here. It illustrates the value bundled into Illuminati Trader as it is about the success of an Illuminati Trader customer using only the flag pattern recognition function of the online software while the option trading market is quiet.

Success is what all traders crave and here's Richie's story about his 60% profit in just 2 weeks with minimal (3%) risk.

"Hi Guy

Just thought I'd drop you a line to tell you how well your Flag-Trader section of Illuminati is working for me.

Things sparked into life a couple of weeks ago with several lovely bear flag patterns. Here are a few of my trades.

• AIR: sold @ 18.60 still in the trade having taken 50% profits.
• RYL: sold @ 26.93 still in trade taken 50% profit.
• CTX: sold @ 17.46 again still in trade after taking profits.
• NM: sold @ 11.15 profits taken still in trade.
• EK: sold @ 15.20 still in trade another flag now forming so may enter again.
• RMBS: entered on a break below 200 ma hopefully this will move my way.
• AIG: sold @ 37.89 still in the trade after profit taking.
• LEH: entry @34.36 still in trade having taken nice profits around $28.00.
• ADM: entry below $37.86 !!!!!!!
• KEY: Sold @ 18.62 !!!!!!
• TEN: Sold @ 23.65 profits taken still in trade
• UVV: sold @ 49.54 hard work this one may get out as there are better opportunities

In this period I have had just 2 losing trades.

The secret to flag trading is you need to be patient. All the trades shown have happened in a recent two week spell.

I tend to look for the easily identifiable patterns. And it works for me. I started with a fairly small bank and have increased it to date by around 60%. Maximum risk per trade is 3% and I hope eventually to get this down to 1% as my pot grows.

Many thanks for your ongoing support.

Richie"

In the current uncertain times many traders are running scared. Yet Richie's experience demonstrates that Guy's simple approach really does pay off. If you want to make money as easily as Richie then get straight over to the Illuminati Trader order page.

Guy has just made a post over on his blog about the real world experiences of some of his customers using Illuminati-Trader.

They are drawn from reports gathered from the Business Opportunities Review site where I posted the first independent review of Illuminati-Trader.  So it's good to see that they have followed my advice!

Take a look at other's option trading experience here.

We've talked before about how Flag Trading is complementary to Illuminati-Trader and how you can use the Tradefinder software to find and filter suitable flag chart patterns.

Guy has just made a post over on his Illuminati blog to illustrate recent flag patterns which would have made you good profits - plus some examples to avoid.

Flag trading is a simple strategy but to avoid spending endless hours scanning charts for the required patterns you do need the software to do the number crunching for you.  I do believe that Guy might be cooking up something in this area so to make sure you stay connected and get to know about it just as soon as possible you do need to get onto our list.  So make sure you subscribe for the Introduction to Illuminati-Trader ebook in the sign up form on the right.