Risk-first pre-trade review for serious IBKR active traders

Review the trade before you touch the order ticket.

Lumiere is a risk-first pre-trade review system that helps active traders inspect momentum and chart structure, state what invalidates the thesis, calculate a position-size ceiling from a dollar-risk budget, and save a paper plan before opening an order ticket. An optional read-only local connection can bring IBKR Paper TWS market context into the review.

Category definition

Lumiere is a risk-first pre-trade review system.

It organizes the decisions that belong before an order ticket: evidence quality, setup logic, observable invalidation, dollar-risk sizing, execution constraints, and a saved paper plan. It complements scanners, charts, broker previews, and journals rather than replacing their distinct jobs.

What it is

A guided, evidence-led decision record for traders who want to explain a setup, define failure before preferred size, and rehearse the plan in a paper-only workflow.

What it is not

Not a signal feed, broker, auto-trader, copy-trading service, promise of performance, or substitute for independent judgment. It does not decide whether a trade is suitable for you.

Inspectable proof

See the arithmetic and the reasons to stop.

In Lumiere's completed synthetic sample, a 50.00 USD entry and 49.20 USD thesis-invalidation level create 0.80 USD of planned risk per share. An 80 USD user-selected risk budget divided by 0.80 produces a 100-share theoretical ceiling before lower capital, liquidity, portfolio, broker, and execution constraints.

Entry50.00 USD
Invalidation49.20 USD
Risk per share0.80 USD
Selected budget80 USD
Theoretical ceiling100 shares

Role in the tool stack

Different tools answer different decisions.

The useful question is not which tool replaces every other tool. It is whether the pre-trade record closes the decision gaps those tools intentionally leave open.

Tool Primary job Decision still needed
Scanner Surface candidates from chosen conditions. Why this setup is coherent and what invalidates it.
Charting platform Display price, volume, indicators, and drawings. How evidence becomes an explicit risk and no-trade decision.
Broker preview Show account-specific order, margin, and estimated-impact context. Whether the thesis, invalidation, and selected risk are coherent.
Trading journal Record and evaluate decisions and outcomes, often after the trade. A complete, reviewable plan before the order ticket.
Lumiere Connect evidence, invalidation, sizing, constraints, and a saved paper plan. Independent judgment and any separate order decision remain with the user.

Workflow

Built around the review loop traders actually need.

01

Analyze the move

Run price, movement, volume, chart, catalyst, and source checks with clear provenance.

02

Explain the setup

Use deterministic pattern state, lessons, overlays, and voice mentoring to understand what the chart is actually showing.

03

Define risk

Identify invalidation, size by dollar risk, and compare R-target scenarios before acting.

04

Build the paper plan

Preview bracket-style paper plans and save the setup for review before the order ticket.

Try before paying

Move from public proof to one protected review.

The sample path is deliberately narrow so you can inspect the workflow before choosing a paid beta plan.

01

Inspect the public example

Review the synthetic setup, calculation, constraints, no-trade conditions, and product boundaries without signing in.

02

Verify your email

Create a protected session for one analysis and one saved sample plan. No payment information is required.

03

Practice once

Complete the protected review and save the sample plan before deciding whether a paid beta plan fits.

04

Choose later

Paid features remain locked until you deliberately select a plan; completing the protected sample does not create a subscription.

Risk-first library

Understand the decision before you use the workflow.

Source-backed guides explain how Lumiere separates thesis invalidation, dollar-risk sizing, order mechanics, and simulated IBKR Paper TWS practice.

Packaging

A hosted mentor workflow, deeper when connected to IBKR Paper TWS.

Lumiere Mentor

The main product is the hosted web app: chart intelligence, voice mentor, risk sizing, screen-read workflow, paper plans, and journal.

See the workflow

Lumiere Local Connector

For IBKR Paper TWS users, the Local Connector brings broker-aligned quotes, chart bars, daily volume, and connection status into Lumiere's review workflow. Your IBKR context stays local; Lumiere uses it to strengthen the pre-trade review.

See connector details

Proof before purchase

Inspect a complete review, then practice one protected example.