Trading As A Business: The Methods And Rules I'... -
: Successful business owners do not blame the market or others; they take full ownership of every trade outcome.
: Rather than relying on a single signal, Diamond waits for three to five different technical indicators to align in the same direction before entering a position. Trading as a Business: The Methods and Rules I'...
: Traders must identify a "core position"—a trade size they can manage without feeling overwhelming fear or greed. : Successful business owners do not blame the
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Diamond’s signature "80/20" method refers to trade setups that he believes offer an 80% chance of success. His technical approach often includes:
: He looks for a "free ride"—a trade that moves in his favor immediately. If the market does not react quickly, he exits to minimize exposure. Business Rules for Risk and Capital