The Trader Trading: Principles of Successful Trading

Trading success doesn’t come from luck—it comes from mastering patterns, probability, and discipline. In The Trader Trading: Principles of Successful Trading (First published 2007), Frank Dilernia distills decades of market experience into a clear and actionable guide designed for traders who want to build a strong technical foundation and trade with confidence.

This book emphasizes that successful trading is more than just reading charts—it is about developing a trading model rooted in probability, pattern recognition, and risk management. Dilernia introduces readers to the Dilernia Model (also known as the AMT Model), a unique, structured methodology that reveals how price cycles and repeating patterns can be identified and used to capture high-probability trades across stocks, commodities, and forex markets.

Key strategies include analyzing primary, monthly, weekly, and daily cycles, applying 5-day patterns, using standard deviation techniques, mastering SPI (Spiral Point Index) trading, and refining money management rules. Through clear explanations, chart examples, and practical applications, the book guides traders from the basics of trend identification to advanced methods of trade execution and risk control.

Blending time-tested market wisdom with modern trading tactics, The Trader Trading serves as both an educational foundation for new traders and a strategy manual for intermediate market participants seeking consistency and confidence.

✅ What You’ll Learn:

• Core principles of probability, risk, and pattern recognition in trading.
• How to apply the Dilernia Model to stocks, forex, and commodities.
• Methods for identifying primary, monthly, weekly, and daily cycles.
• Practical techniques such as the 5-day pattern and spiral points.
• Risk and money management strategies for long-term success.
• How to track, enter, and exit trades with discipline and clarity.

💡 Key Benefits:

• A structured, rules-based methodology for consistent trading.
• Unique insights from the Dilernia Model of cycle analysis.
• Equips beginners with the foundational tools to start trading effectively.
• Helps intermediate traders refine their strategies and decision-making process.
• Includes practical chart reading, risk control, and trade monitoring methods.

👤 Who This Book Is For:

• Beginners seeking a step-by-step introduction to trading strategies.
• Intermediate traders aiming to improve consistency and profitability.
• Forex, stock, and commodity traders looking for pattern-based systems.
• Students of technical analysis who want a structured learning guide.

📚 Table of Contents:

• The Dilernia Model
• Daily Cycles: 5-day Pattern
• Dilernia Principles
• 5-day Pattern: Standard Deviation
• The Day Trader
• Day Trading
• SPI Trading: Spiral Points
• The Trading Range: Day Trading
• Chart Reading
• Optimising Systems
• Trading Stocks
• The Passive Trader
• ‘Thrust Trading’
• Shorting Stocks
• The Weekly Close
• Compounding & Investing
• Trading Margin & Leverage
• Trading Forex