Trading As A Business: The Methods And Rules I'... Official
: Traders must identify a "core position"—a trade size they can manage without feeling overwhelming fear or greed.
: Many traders fail because they hunt for huge, risky wins. Diamond’s business thrives on small, repeatable, low-risk gains that compound over time. Trading as a Business: The Methods and Rules I'...
: Diamond uses extremely tight protective stops, often just two ticks away from his entry price, to ensure losses remain negligible. : Traders must identify a "core position"—a trade
Diamond argues that even the best technical system will fail without psychological control. He emphasizes: Trading as a Business: The Methods and Rules I'...
Diamond’s signature "80/20" method refers to trade setups that he believes offer an 80% chance of success. His technical approach often includes:
: Successful business owners do not blame the market or others; they take full ownership of every trade outcome.