Book Description

Discover what legendary trader Dick Diamond knows about trading that you don't

Trading as a Business: The Methods and Rules I've Used To Beat the Markets for 40 Years gives you a behind-the-scenes look at how Dick Diamond has become a successful independent trader for more than four decades. This vital resource reveals Diamond's methods for analyzing the market and knowing the right time to get in and out of trades. With this book in hand, you'll be able to tap into Diamond's strategy of 80/20 trading which offers an 80% chance of making a winning trade. Diamond also includes his six statistics that are critical for determining where the stock market is headed.

This book is written for anyone who wants to learn the methods, tools, and techniques that will transform them from an ordinary investor into a trading force in the marketplace. Once you master the trading secrets from Dick Diamond, you will have the ability to make money in a business where you call the shots.

  • Filled with Dick Diamond's trading secrets for beating the market
  • Includes a wealth of trader strategies including Diamond's 80/20 technique
  • Discover how to identify and take advantage of the market's buy and sell zones
  • Learn what it takes to become an independent trader who makes money over the long-haul

Break free of your old trading habits and discover Dick Diamond's tools and techniques for financial freedom.

Table of Contents

  1. Title Page
  2. Copyright
  3. Foreword
  4. Preface
  5. Acknowledgments
  6. Chapter 1: My Life as a Trader
    1. Trading as a Business
  7. Chapter 2: Emotional Discipline
    1. Why Traders Fail
    2. Core Position and 80/20 Trades
    3. The Emotions of Trading
    4. The Importance of Commitment
  8. Chapter 3: Principles of Successful Trading
    1. Trade within Your Capital
    2. Quiet Confidence
    3. Sell Too Soon, Not Too Late
    4. Take Personal Responsibility for Your Trading
    5. Wait for 80/20 Trades
    6. Play Great Defense
    7. Pull the Trigger
    8. Opinions Are for Pundits, Not Traders
    9. Strictly Follow Technical Data
    10. Market Entry Tactics: Use Limit Orders, Buy/Sell Zones, and Position Scaling
    11. Use Defensive Stops
    12. Track Your Results
    13. Managing Your Trading Account
    14. Take Advantage of Market Conditions
    15. Review the Rules Every Week
  9. Chapter 4: Technical Analysis and Trading Concepts
    1. Moving Averages
    2. Crossovers
    3. Divergences
    4. Williams %R
    5. Stochastic Oscillator
    6. Stochastic Momentum
    7. Bressert
    8. RMO
    9. Moving Ribbons
  10. Chapter 5: Trading with the Moving Average Template
  11. Chapter 6: Trading with the Moving Ribbons Template
  12. Chapter 7: Trading with the Bressert Template
  13. Chapter 8: Trading with the RMO Template
  14. Chapter 9: A Day of Trading
  15. Appendix About MetaStock Pro Templates
    1. Creating the Dick Diamond Templates
    2. Template 1: Walter Bressert
    3. Template 2: Moving Ribbons
    4. Template 3: RMO
    5. Template 4: Moving Averages
    6. Applying an Existing Template
    7. Making Changes to a Template
    8. Saving a Template
    9. The Default Template
    10. Creating the Diamond Work Space
  16. About the Author
  17. Index
  18. Make Market Veteran Dick Diamond Your Mentor!
  19. End User License Agreement