About the creator of the Diabolic System of Trading

I have invested a significant amount of time in the markets. I was probably just like you. Hours spent reading about the fundamentals of a company before being sold on investing, only to see my money deteriorate in the process. That's because price doesn't always reflect the fundamentals of a company. If it did, you wouldn't have a market. The best source of information regarding a company is the stock chart. The price is your leading indicator. 

 The core assumption is that all known fundamentals are factored into price, thus there is no need to pay close attention to them. Technical analysts do not attempt to measure a security's intrinsic value. Instead, they use stock charts to identify patterns and trends that suggest what a stock will do in the future. 

Technical analysis can be considered to be the more practical because it studies the markets and financial instruments as they exist, even if trading activity appears, at times, to be irrational. Irrational moves is when one can take advantage of a stock as it moves too low or moves too high. Irrational behavior is the evil system the algorithms use to bait you into buying the highs and then to make you panic and sell at the lows. It's intentionally done to steal your money. I will teach you to understand the system and how to use it against them.