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

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

By mastering these rules, Diamond transitioned from a floor broker to a successful independent trader, proving that a conservative, rules-based approach can sustain a five-decade career in the markets. 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 : Successful business owners do not blame the

: 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. If the market does not react quickly, he

: Many traders fail because they hunt for huge, risky wins. Diamond’s business thrives on small, repeatable, low-risk gains that compound over time.