: Many traders fail because they hunt for huge, risky wins. Diamond’s business thrives on small, repeatable, low-risk gains that compound over time.
A central tenet of Diamond's business model is capital preservation. To him, the primary goal is not making money, but .
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.
: He primarily executes trades on very short-term charts to capitalize on quick market momentum.
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