There definatly is a wrong way to breed- but also many right ways.
EVERY single breeder does things at least a little bit differently (which I think is really neat). Here's how I do it-
Conditioning: For two weeks, the future parents (hopefully) are fed new life spectrum pellets three times a day to total twelve pellets, and they get one serving of fresh or frozen food. For the first week, the female gets to see the male for 10-15 minutes a day, and for the last week they are isolated. It is usually suggested to expose them to each other for the full length of conditioning but I find and have read that basically, lonleyness makes the heart grow fonder. Water changes are also increased to mimic the rainy season, which is when they naturally breed.
Spawn tank: Basic ten gallon tank half filled with an adjustable 100w heater set to ~82 degrees. It should have hiding spots, but not to many hiding spots. I have talked to another breeder and we both agree that the female needs hiding spots to escape from the male, but to many hiding spots make it take longer. Also, ial is added.
Introduction and spawning: The male is let into the tank in the morning, the female is introduced via glass chimney or open bag floating in the evening or at night, and the next morning, if both are ready, they are allowed together. I make everything is going well and watch them carefully but am also careful not to disrupt them.
After spawn: The female is taken out in the least disruptive way possible. If she is beat up, she is qt'ed and treated if necessarily. On my last spawn the male was very gentle, only ripping the anal fin a few times, so I added her strait back into the sorority. The male is left alone with the eggs, the light is left on during the day and a flashlight (torch for the Australians and British!) is left on the nest during the night. My "fish room" is really my bedroom, so obviously I can't leave the lights on 24 hours a day. Even covering it with a towel let to much light through. After the eggs hatch and fry are free swimming, the male is lured out from underneath his nest and then carefully acclimated back to his original tank. First feeding is provided but at this point they are mainly living off infusoria from live plants, etc.
Fry rearing: I feed microworms, banana worms, and baby bring shrimp but mainly the first two due to convienience. (I wrote a good 'article' on the worms. I will link to it if you would like me to.). They are fed three or four times a day. I don't add water for the first week but after week one I start carefully dripping in same temperature treated water a little bit at a time. By week two the tank is filled and water changes begin, 30%-50% every single day. Fry rearing is still something I'm figuring out lol.
So yea. That's what I do, but it varies greatly person to person. Good on you for doing your research! That's one thing that you can not do to much of! There are a lot of more experienced people out there but hopefully I helped.
Matt