Hi Everyone. As I’ve been saying for some time, if the options side of things is too much, or if the opportunities aren’t obvious, then stick to the flags. As such we’re beefing up that section of the site too in a big way, and I’ll be giving all Inner Circle Members a $2,000 gift in the coming weeks.
Just in case you still hadn’t cottoned onto the power of trading flags my way, here’s an email I received this weekend:
“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. Andit works for me. I started with a fairly small bank and have increasedit to date by around 60%. Maximum risk per trade is 3% and I hopeeventually to get this down to 1% as my pot grows.
Many thanks for your ongoing support.
Richie“
I have to tell you something about Richie. When he first ordered his Illuminati Trader package, he made it veryclear that if he didn’t like the product he’d return it at once,something he’d done before with other products! Now, that’s not theopening correspondence I’d typically enthuse about, but I recognisedthat here was a guy who is discerning to say the least.
So, when I receive an email like this from abusy man, you know why this is such a beautiful vocation for me. Seewhat I’ve highlighted in bold. Richie only goes for the easily identifiable patterns. This is the key. Make life easy for yourself. Go for the obviousopportunities only. And when trading flags, only trade them upon thebreakout. Look at my other blogs and articles about them. There’ll bemore soon, but the pertinent information is all here.
I love receiving emails like this and sharing the joy of your success. Other emails recently include 25% profits in two months and anotherclient on a 5-out-of-6 winning streak. We’re making big newenhancements to all areas of the site, to make things easier and betterfor you, and Inner Circle Members, you got my $2,000 gift to lookforward to.
It’s a busy time right now but I’ll be in touch again soon.
All the best
Guy
