FAQ

Feel free to ask questions in the Comments section of each post and we will try to gather all the most Frequently Asked Questions right here – and provide some Answers.

Question: I already own the "Don`t Tell The Professionals" package. This involves positional trading and following the movements of professional money in the market. The same principle appears to be behind the Illuminati Trader. Broadly speaking, how do the two differ?

Answer: It's fair to say that Illuminati Trader is completely different from "Don't Tell The Professionals".

The key to Illuminati Trader is being able to trade volatility.  We don't care about the direction of the market in advance of placing the trade.  All we care about is the size of the move itself.

We do that by trading calls and puts (options) together in such a way that the pricing is cheap, yet the potential for a profitable move in either direction is high.  That's where years and years of my knowledge come in to help you.

With Illuminati Trader, not only do you get 10 hours on CD-ROM with me, but you also get an entire year's free access onto my website where you can use the tools to help you find candidate trades.

Now, there's something else with Illuminati Trader that makes it even more valuable.  One of the filters helps you find "flag" or consolidating chart patterns with the stocks.  This alone is worth twice the price, even if you're not going to trade options. 

When you have something that can find these flag patterns, it means you can trade them up and down as appropriate (it's all in one of the CDs and soon to be on the members' blog) so you can even use the application outside of earnings season and using spread betting.

Question: The sales letter says that brokers are to be used for this system. Is it possible to use spread betting companies instead?

Answer: Yes, using Illuminati-Trader to access Guy's software to locate flag patterns provides a great signal that you can use for spread betting.

Question: I'm totally new to this and have never traded. Is this right for me?
Answer: It could be an advantage. You will have no preconceived ideas and will make a better student. The video training CDs take you from the basics right through to the full Illuminati Trading system.

Question: How do I actually place my trade?
Answer: Through a broker – of which there are thousands. One quick telephone call or email is all it takes to make your trade. I will introduce you to an excellent broker firm who appreciate and understand the Illuminati Trading system – but you can use any broker if you prefer.

Question: What equipment do I need? 
Answer: A decent PC and a phone line with broadband. That's it. (You could just about do this on dial-up if you don't have broadband.)

Question: How much time does it take?
Answer: 4-5 hours a month, maximum. Many days there will be nothing to do.

Question: Can I trade all year around?
Answer: Yes you can, but I prefer to wait for certain special periods which occur four times a year. During these periods the action is hot and we can make a lot more money. Just a few trades a year is all it takes. When you make a trade using the Illuminati Trader system, it's best just to sit back a few days. Take it easy. Enjoy yourself. The system is working for you.

Question: Do I have to make a lot of complicated calculations?
Answer: None at all! The 'donkey work' is done for you by special software only available to Illuminati Traders.

Question: Is this risky? Could I lose a lot of money?
Answer: Guy says, and I quote: "You absolutely can NEVER lose more than your stake on any one trade, and if you follow me then it would only ever be a maximum of around 20%. If you risk £50 – that's the very most you can lose on that trade. In practice I rarely lose more than 20% of my stake. So for a £50 stake the risk is more like £10.00. Forget anything you've heard about people losing thousands on a trade – this cannot happen as an Illuminati Trader (unless you placed tens of thousands on a single trade of course – which you wouldn't do unless you have millions in trading capital!)".

Question: Is it really possible to give up work and make a good living from this?
Answer: Absolutely yes, this is possible. I do it and so I am living proof. You no longer have to work hard, 50+ hours a week, just to make a meager wage.

Question: Is the system set up for London traded options or for New York?

Answer: There are over 2,000 optionable stocks to choose from in the US, whereas in the UK there are less than 100. So the software is naturally set up for the US traded stocks and options.  Remember that the Illuminati-Trader method is not time critical. It is very relaxed and you are not glued to your screen all day, every day.  So time differences between markets are not relevant as they might be for day trading.  Secondly, you do not have to do any analysis of the stocks concerned either technical or fundamental.  You are not bothered about whether it is on your 'local' market requiring 'local' knowledge so your physical location is not relevant to the markets you trade.

Question:  The sales offer talks about free access to the online software for 12 months.  What costs should I plan for after that?

Answer:  The charge after the first free period will be $97/month.  Naturally, after that time you are expected to be making good money and well able to pay for the service that is helping to make that happen.