: 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.
: He primarily executes trades on very short-term charts to capitalize on quick market momentum. Trading as a Business: The Methods and Rules I'...
: 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 : Rather than relying on a single signal,
Diamond argues that even the best technical system will fail without psychological control. He emphasizes: If the market does not react quickly, he
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.
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