Illuminati-Trader, TradeFinder Software

From the main window, you open up the TradeFinder software by clicking the 'Scan for Trades' icon that delivers the screen shown below.  Here the user can input a number of parameters by which the software will scan the markets for suitable trades.

Basically, these consist of a Stock Filter by Last Price and Volume, a Stock Analysis where you can select either that there is earnings news or the stock is in a consolidation pattern.

In an Options Filter you can define the amount of Open Interest and finally the Options Analysis allows you to select either the Straddle cost (the cost of purchasing both the put and call options required) as a percentage of the stock price - or just select an Illuminati Formula.

In practice, simply selecting the Illuminati Formula makes it superfluous to have to worry about the Stock Analysis or the Straddle %Cost as it is the specific and optimum combinations of these that make up the Illuminati Formula.

To the top right of each selection box is a question mark icon.  This opens a small help window to refresh your memory of what you are being asked to input. 

Likewise, to the top right of the box is the Video icon which, in this case, provides a comprehensive 13 minute instructional video by Guy as he walks you through the results of the TradeFinder search and how to interpret and move forward from that point.  This is, perhaps, the point where the 10 hours of CD instruction start to come together as you are presented with candidate trades and the necessity to start analysing and excercising some judgement.  Fortunately, the next step is use of the Analyzer that I will deal with in the next post.

Reports produced by TradeFinder are based on the previous day's closing prices but if the market has opened while you are doing your selection you can simply Refresh the data to bring you up to date.

Before starting the search you use the Controls box to set the expiration date of the options you would be interested in.  Again, this is an important element of Guy's teaching,  and you also select how the information should be sorted, either by Straddle %Cost, Straddle Cost, Stock Ticker, Strike Price or Illuminati Formula.

The Controls box also includes the conventional icons for Folders, Save to Disk and Email although they are all currently labelled 'Coming Soon'.  I can only presume they will do what it says on the label and simply improve the users ability to store and manage their trading activity.

Having searched for and filtered the markets to produce candidate trades with the Tradefinder module you then go on to analyze your selection using the Strategy Analyzer.  This module is available from the trade selection report you have already produced or, if you want to access it directly, is also available from the top level icons.