Rules I'... | Trading As A Business: The Methods And

: 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

: This is built by strictly following rules and knowing you can identify high-probability setups.

: Successful business owners do not blame the market or others; they take full ownership of every trade outcome. 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.

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

Diamond argues that even the best technical system will fail without psychological control. He emphasizes:

: He advocates for taking profits while momentum is still favorable rather than waiting for a market reversal, famously stating it is better to "sell too soon than too late". The Pillars of Emotional Discipline : Successful business owners do not blame the

A central tenet of Diamond's business model is capital preservation. To him, the primary goal is not making money, but .