Diamond’s signature "80/20" method refers to trade setups that he believes offer an 80% chance of success. His technical approach often includes:
: Diamond uses extremely tight protective stops, often just two ticks away from his entry price, to ensure losses remain negligible.
: This is built by strictly following rules and knowing you can identify high-probability setups.
: 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.
: Successful business owners do not blame the market or others; they take full ownership of every trade outcome.
Diamond argues that even the best technical system will fail without psychological control. He emphasizes:
Trading As A Business: The Methods And Rules I'... Instant
Diamond’s signature "80/20" method refers to trade setups that he believes offer an 80% chance of success. His technical approach often includes:
: Diamond uses extremely tight protective stops, often just two ticks away from his entry price, to ensure losses remain negligible.
: This is built by strictly following rules and knowing you can identify high-probability setups.
: 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.
: Successful business owners do not blame the market or others; they take full ownership of every trade outcome.
Diamond argues that even the best technical system will fail without psychological control. He emphasizes:
