Disliked{quote} The link to that material is for those traders who wish to know more about the Murrey Method. It may or may not be useful for trading in the Quad-MML method. As I've said before I only need the D1 chart and a P=64 and that serves very well on most of the trades provided some marlet common sense is applied and the chosen bias coincides. Personally, I've studied the Murrey Method enough without ever purchasing the original course material and taken what I think works well and discarded most of it. The Murrey purists would argue that since...Ignored
Murrey Method is no holy grail. None can be because trading is 80% emotional management and 20% technique execution.
Masterrmind is imparting knowledge derived entirely from his hands-on experience and not some theoretical knowledge. Like any profession, fx trading needs
training.
Masterrmind is emphasising on money management which from my own experience of 15+ years is key to handling emotions. By aiming at higher Risk Reward (to make best use of deep pip pockets he has set up smaller$ but deep pips account) , reining in fear by use of breakeven and trailing stops and subsequently latching on to pragmatic greed by adding on to winning positions (which I learned from him from his Quantum thread) and retaining flexibility in taking profits, he is making our fx trading journey quicker and smoother.
No indicator or robot can get us to that far. So we will have to work on improving our manual and discretionary way of trading and for that Masterrmind's experience is very valuable. I greatly appreciate his pro bono efforts.
If you have till now tried colorful Indicator toys or vivid EA video games and gone nowhere, for a change try this method too. What do you lose? Guru is imparting free education.
Practice makes a person perfect
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