40-Year Trading Veteran Finally Reveals His Time Tested Secret!

Imagine having access to one of my most vital trading tools.

This tool is so powerful that I don't make a single trading decision without reviewing it first.

It has saved me countless hours of market analysis.

Not only has it helped lay the foundation for many of my winning trades - but more importantly it has helped keep me out of the market at critical times to avoid some major losses!!!

From: Dick Diamond (40-year Trading Veteran)
Where: Vero Beach, Florida

Dear Friends and fellow traders:

After much friendly prodding and encouragement from quite a few of my former students and fellow traders, I've finally agreed to offer one of my most coveted tools (Market Mentor Edge) on a very limited basis. It's not that I'm secretive and opposed to sharing my techniques. It's that I trade full-time for a living and trading is my passion. Consequently, I try to avoid too many outside distractions or endeavors that have the potential to interfere with my trading business.

As such, I'm releasing Market Mentor Edge at a special Charter Member Price with the caveat that I reserve the right to cap the enrollment. That number could be 100 or 1000. I honestly have not decided because of the potential drain on my time. I will tell you that I only do 3 to 4 seminars per year for that very reason. Importantly, I want to offer the maximum amount of value to my students while preserving my day-job as a trader.

I gather you have come to this web site because you are currently a trader, an aspiring trader, or an investor that would like to apply some of the techniques that I use in my personal trading. If you've come looking for a comprehensive mechanical trading system, this may not be the right tool for you. However, if you are interested in gaining access to one of my "mission critical" trading tools, I encourage you to continue reading.

Comments from past seminar students: "I am impressed by Dick's Trading Tool and his disciplined approach to trading the markets." "Just the spreadsheet (Market Mentor Edge) with the market indicators is worth the price of the course. This is the best educational experience of my life. Thank you Dick." "The Trading Tool is fantastic, and Dick's method is what I was looking for."

 

Don't walk blindly into a Hurricane!

I use Market Mentor Edge in a similar fashion to how a Meteorologist uses Doppler radar and satellite imagery to forecast the weather. Simply put, before initiating any trade I need to know the overall temperature of the market. The last thing I want to do is walk blindly into a hurricane while the popular financial media is forecasting beautiful skies!

On most normal trading days, the technical indicators within Market Mentor Edge provide me with a slight bias or background perspective on the market and as many successful traders know, a slight edge could mean the difference between winning and losing. However, during extreme market conditions Market Mentor Edge has allowed me to preserve my capital and patiently wait for the right opportunity to make a much larger play.

Last fall's insane market climate was a perfect example of this. While there was blood in the streets and many traders and investors were heading for the hills, I was patiently waiting and biding my time for the right opportunities and plays. Let me tell you, there were some incredible opportunities and I wholeheartedly believe there will be plenty more in the near future!

Before going into specific detail on the trading tool, it may be useful for me to provide you with my background and overall approach to the markets.

Boring Trader = Profits

For most of my trading career I have purposely kept a very low profile. Overall, I would best describe myself as a very conservative trader with an unwavering discipline. Many people are often surprised to learn just how conservative and risk adverse I truly am. To use a baseball analogy, I'm a player that consistently hits singles and doubles. Perhaps on a rare occasion I'll hit a triple, but by no means am I a "swing-for-the-fences" home run hitter. In fact, when the action in the market heats up too much, I often choose not to play. To some, this trading approach may seem boring. However, by being "boring" I have been able to remain in the game for over 40 years while earning an excellent living for myself and my family! In addition, I have converted several traders and aspiring traders into boring (but profitable) traders. Many are now trading full time or supplementing their incomes with trading.

A Mentor to the Professionals Diamond taught Bob Prechter (of Elliott Wave fame) important nuances of option trading that gave Prechter an edge when he set a new record for options trading in the 1984 U.S. Trading Championship. "In the mid '80's I happened across a mentor, Dick Diamond, an experienced trader who helped me on my way. After a few years of 'following' him on his "morning market comment", I bought my first PC and some Options pricing software.." -Mike Reed (Professional Trader & Publisher of TradeStalker) "I've been trading since the late 90s. However, I didn't find success as a trader until being mentored by Dick Diamond in 2003. It's a beautiful thing when you can make money from your passion and following the markets is definitely one of my passions! I would absolutely give any tool that Dick recommends some serious consideration." -Don B. (Professional Trader) "Diamond's class has paid for itself many, many times over. I have to give it as high a mark as I could for being a satisfying experience." -Charlie Neuhaus (Stock Broker) "The greatest improvement on trading research and work of anything I have ever done. He turned me around - I was in real trouble before. He turned me from a loser to a winner." -Jim Hixson (Professional Trader) "Richard's trading is applicable to lots of different vehicles. His particular system takes an activity which is inherently very speculative and converts it in my mind to something that is fairly conservative. If they (students) have the discipline to follow his (Diamond's) precept, it will undoubtedly be the best investment they've ever made. I've been in the education business for 35 years - and he (Diamond) cuts right to the heart of the matter." -Jerry Solin (Part-time Trader)

                       

Believe me, I have seen so called "hot-shot" traders come and go. I've also met many traders that seem to be in search of the fabled "Holy Grail." That's the trading system or software that operates on auto-pilot and shields the trader from ever having to take a loss. These poor traders tend to be extremely fixated on finding an infallible entry signal. Rather than developing some discipline and a competency or comfort level with a particular methodology, they jump from system to system as their anxiety and frustration mounts exponentially. Ironically, many of the "so-called" systems they purchase aren't even developed by traders!

Leverage my learning curve to help accelerate your trading success

As you can imagine, I'm very selective regarding the trading tools that I choose to employ. Importantly, I don't get caught-up in a bunch of useless theory. With that said, I've been using a precursor and earlier version of Market Mentor Edge for well over 20 years.

Let me explain how the software works. At its core, the overall health of the New York Stock Exchange (NYSE) can be gauged by analyzing Advances/Declines, Volume, as well as New Highs and New Lows. Simply put, healthy markets tend to increase on strengthening up volume and advancing issues, as well as increasing numbers of stocks setting new 52 week highs. The opposite holds true for markets that are declining.

Market Mentor Edge pulls the daily data from the NYSE and updates over 20 indicators to help provide the user a clean read and interpretation on the health of the market. We've all heard the expression, "A Rising Tide Floats All Boats". I certainly take this expression to heart in my personal trading. Therefore, I analyze most of the aforementioned indicators in my pre-market preparation to determine if the market is over-bought, over-sold,
neutral, or, on rare occasion, approaching catastrophic proportions. This analysis is done in the calm prior to battle or, more specifically, the chaos of the trading day. Doing 10 to 20 minutes of pre-market preparation could increase your success as a trader more than you could imagine.

Many of the numeric indicators within the tool are color coded. That way - if the indicator reaches a significant threshold, it will change color to alert the user. This allows traders to significantly save precious time by quickly identifying some of the indicators that warrant further analysis and investigation. For me, it's the ideal pre-market prep-work for trading US stock indexes or index futures (S&P, DOW & Russell e-mini futures).

More praise from Seminar Students: "It would take a novice like me years to learn enough to know which indicators to rely on. Having Dick provide that information is invaluable. Thank you for everything!" "Impressed with the practical application of the material. I am so relieved that I don't have to re-invent the wheel. I am totally confident that I have the skills to trade successfully (by using the techniques)." "I like setting up the 'Macro' picture each day to form an overall bias before entering the day's trading strategies. Dick's no nonsense approach is refreshing - he does not come across as a 'salesman'. "In a nutshell, if you want to learn how to ride a bicycle competitively, who do you go to? Lance Armstrong. Want to play professional basketball? Seek out Michael Jordan as a coach. Do want to have the ability to live anywhere in the world (with internet access), have an excellent quality of life, make money routinely as a professional trader? Then Dick Diamond is the mentor you must employ." More Testimonials

                       

A Picture is Worth 1000 words

I've also built-in valuable charting functionality within the package. Charting the indicators allows me to better identify prevailing market trends. Some of the indicators are longer-term in nature, while others provide a quick daily snapshot. As such, traders can establish the overall trend on a larger indicator while using the shorter (more sensitive) indicators to help set the stage for the immediate trading day. Swing Traders or Position Traders customarily find some of the longer-term indicators to be the most useful.

Trading is not rocket science but, like any skill that's worth pursuing, it does require practice and discipline.

All too often, I've seen aspiring traders give up just before gaining consistency.

For that reason, I don't recommend subscribing to Market Mentor Edge if you aren't fully committed and realistic about the process involved in becoming a successful trader. As I mentioned earlier, I'm not marketing an automated black box system. Specifically, Market Mentor Edge is a necessary component within my trading arsenal. I believe it could only add tremendous value to traders and investors that are willing to work with the software and understand where it fits within their personal methodologies.

We are in it together!

With that said, I am committed to your success. Subscribers to Market Mentor Edge will have access to my online tutorials where I explain the functionality of the tool and the manner in which I apply the indicators. For example, in the Tutorials I'll disclose the 6 indicators that you should focus on when there's only time to do a cursory review of the market. This can be a tremendous time and money saver when prep time is limited. I'll also show examples of "Serious Correction Extremes." This is where there is such a confluence of extreme oversold indicators that the Market Mentor Edge is literally screaming that a bounce could be coming. Though I'm generally a short-term trader, sometimes a position trade is warranted when the tool reaches this specific threshold.

Overall, the subscribers are provided with a comprehensive overview of how I use the software and integrate it within my trading methodology. As I continue to see interesting signals and applications within the tool I'll update the tutorials, thus ensuring that the information is always timely and relevant.

In addition, charter subscribers will have free unlimited access to Diamond's Commentary.(Market Mentor Emini & Options Trader). This is a direct link to my (fee based) daily forecast service where I provide my overall perspective on the market and offer some recommendations and ideas on trading the S&P.

On September 2nd I made the following Winning Call:

9/02/09 This market is currently oversold on a short term basis. We could go a little lower tomorrow and then go flat until the employment report surfaces on Friday at 8:30 am. If the report is interpreted in a bullish manner the e-mini could take off like a wounded ape.

In fact, the S&P did take off like a Wounded Ape! This trade was good for 40 S&P points within a 4 day span. What my Blog subscribers didn't know was that a strong basis for making "my Bullish" call was the fact that some of my favorite short-term indicators within the Market Mentor Edge had become oversold.




                       
                       


Another winning Call

10/28/09 The market took another hit today and basis of short term technicals this market is deeply oversold. I honestly expected the market to rebound after an early decline today but it closed on the lows of the session. Unless we fall off the cliff from here, I believe a 30 to 45 point rally in the future is in the cards. The 4 day volume number is at 16 and normal oversold is 30 to 35. The McClellan oscillator close at -350 which is about as extreme as I've seen it. Don't go heavy but play the long side tomorrow.

When I reviewed the market on the evening of the October 28^th, I couldn’t help but have a bullish bias on the next trading day. Quite simply, the Market Mentor Edge was shouting “Wake-up Diamond, this Market has hit an Extreme Oversold Level.” The very next day – the S&P rallied 24+ points.

Basis for my 10/28 call

Finally, I will post webinars and videos from time-to-time (for subscribers only) to review interesting trade setups, disciplines, trading rules and other related topics. Clearly, it's my ambition for you to succeed as a trader, so I want to arm you with plenty of tools to help achieve this goal.

The Immediate Benefits for Subscribers Only.

 

 

As you know, dynamic markets are always moving and changing. As a successful trader you must be focused on continuous improvement. Even after 40 years, I'm still learning and improving my trading skills. I will apply this same philosophy to Market Mentor Edge. Therefore, the tool will be continuously updated with user feedback to ensure that Market Mentor Edge continues to remain a valuable component of our subscribers' trading repertoire for many years to come.

A smart man learns from his mistakes, but a wise man learns from the mistakes of others

I'm often asked if trading is a skill that can really be learned. Some are convinced that trading is an innate talent. You either have it or you don't. Fortunately, I'm living proof that this belief is a fallacy. Many have heard the insightful saying, - "A smart man learns from his mistakes, but a wise man learns from the mistakes of others."

Well, when I began trading in the late 60's I was neither the smart nor the wise man. In fact, I think I made every mistake in the book. My early mistakes were rewarded as I was riding a wave or bubble, but when the climate changed in 1969, I ultimately lost 70% of my capital in a very short time. This all happened to me during a period in my life when I had a family of three to support and my wife was expecting a baby in a few short months. Talk about stress. I abruptly came to the realization that I had to dramatically change the way I was trading or find something else to do for a living. Does this story sound familiar?

Unfortunately, this tragic pattern is all too familiar for many individuals. Ultimately, I was able to pick up the pieces and slowly build a competency in technical analysis as I re-built my trading business. I didn't have the benefit of the incredible internet software that's available today, and I certainly wasn't blessed with a mentor or instructor to learn from. If so, my learning curve would have been accelerated. I could not begin to quantify how valuable the current iteration of Market Mentor Edge would have been to my early trading career. Perhaps that is my impetus for offering Market Mentor Edge (for the first time) to individuals that haven't attended my seminars.

How much is Market Mentor Edge going to cost?

Students pay $4000 to attend my 4-day Market Mentor Seminars. Many have told me that this was the most valuable seminar they have ever attended. Conducting these Seminars has been my second passion only to trading. I thoroughly enjoy meeting traders and aspiring traders from all over the world and teaching them how I conduct my business. Absolutely nothing is held back. I mean nothing! Although demand for the limited seminar slots has ramped significantly over the years, I've purposely left the price the same. I recognize that times have become increasingly more challenging!

As such, I'm going to apply the same philosophy to the initial release of Market Mentor Edge and offer the program for $ 57 per month for the Charter Members that enroll this month. This is slightly more then 1 S&P e-mini point on 1 contract! In addition, I am offering the initial 3 months on a limited basis for only $114. This special deal will expire soon.

Your Money-Back 30 day Guarantee

If you're not happy at any time  within the first 30-Days of subscribing to Market Mentor Edge, let me know and you will receive a 100% refund – no questions asked. After the initial 30 days you can cancel at any time and pay only for the current month in use.

My Final Thoughts

As a final note, Market Mentor Edge is most relevant for the US Stock Market and most powerful for trading indexes. I trade the S&P 500 e-mini futures because I love the liquidity and the electronic access of the product. Both the experienced trader as well as the beginner can certainly benefit from the software. Whether you are one of the few that are able to take advantage of this limited offering or not, please don't underestimate the value of maintaining discipline and trading small until you develop a competency and confidence in your skills. Trading should be treated as a marathon, not a sprint! I wish you great success with your trading.Yours For Trading Profits,
Dick Diamond

                       

PS - Please remember that I'm offering a limited time deal on your initial 3 months subscription! This includes free access to my Market Mentor Emini & Options Trader Service!!

 

PPS - I have created a FAQ section that should answer some of the questions that may, or may not, have been addressed in this letter.