How It Works

Don't skim through this. This is important to understand:

Signing up to Diabolic System of trading is easy. You can do so by visiting the Subscribe page. Currently there is a promotion for $250 for the year and you can cancel within the first month to receive your money back. 

Upon subscribing please provide your Twitter handle which you will use to follow @DiabolicCharts. Once paid, please request to follow the locked twitter page and you'll be provided access. 

What To Expect

At @DiabolicCharts, I will post a weekly watch list every Sunday. The watchlist will be pinned for the week and I will respond to the pinned tweet posting  the charts for each ticker. Throughout the week I will also post updates on each ticker by again replying to the pinned tweet. Everything will be updated within this "thread" of the pinned tweet to make it simple to keep up to date and follow the action. 

I recommend that you also turn on your notifications for @DiabolicCharts. Posts are only updates on stocks, there is no annoying fluff that's going to fill your notifications. 

It's important to know that a watch list is NOT a buy list. They are stocks I am watching closely to see if it meets a certain criteria outlined in the chart before I buy. Many may be ready, many are set ups and others may need more time before making any such decision.

I will respond to the charts seen at @DiabolicCharts when a trade is entered. 

Often I will come across other attractive stock charts that were not posted in the watch list. The markets are always changing and providing good opportunities. If I see such an opportunity, I will post it. Entries are not guaranteed to provide you with profits. You must execute your own risk management as ones risk isn't equal to another's risk. Secondly, not all entries are going to be perfect; which is why it's important to identify support zones so you know when support has broken and understand when you should exit before losses become too great. It's important to have an exit plan for both scenarios, a profitable scenario and a losing scenario. 

Personally, I do not invest more than 3% of my portfolio to any particular stock, unless it's a scalp that I'm monitoring 100% until I exit. 3% ensures you never blow up your account if a trade goes sideways on you. It doesn't matter how perfect the chart may look, the chart is only one aspect of a trade. Unexpected news can always blow up a chart. News is the ultimate factor and always the factor to ruining charts. 

Based on charts, and not necessarily news, I will provide entries into stocks that I think show promise. But again, I will not tell you when you should buy or when you should sell. There are multiple reasons for this. Your risk tolerance and your time line you wish to be in a trade will never match my own. Secondly, this is an over the shoulder service. I am simply letting you know what I am doing and I use Twitter as a personal diary. I am not your financial advisor and I am not telling you what you should do. Use @DiabolicCharts as another tool in your arsenal. 

The charts I post will show you the resistance and support. These levels of resistance are shown as red lines on the chart. These are levels where you will often see various levels of selling. The supports will show as green on the charts. These are levels you will often see various levels of buying. To learn more about resistance and supports, read the blog "Understand resistance and supports".

I create charts so you can learn from them, understand where we are headed and where you can choose to exit. I want to develop you into a trader so you aren't dependent on others and can make a trade your own. This is where our system is different than others. Other paid subscriptions want you to remain dependent on them where they only post entries and exits and no explanation to why. After watching how I trade, you won't need my help for that long. That's where this membership will defer from others, you will become an independent and successful trader of your own if you care to put in the effort to learn. As the cliché proverb goes, "give a man a fish and you feed him for a day; teach a man to fish and you feed him for a lifetime." 

 I will not respond to questions from @DiabolicCharts. Again, we want to be chart and stock ticker focused only so your notifications aren't bombarded. For questions, please feel free to Direct Message or tweet to @DiabolicSystem and I will help you out with any questions you may have.

 Coming soon the watch list and a break down of each chart will be posted on the Watch List page. This will be exclusive to members. 

I hope you choose to join our community and I look forward to working with you.

Cheers,