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Steve Mauro MMM beat the market

  • #61
  • Jan 30, 2019 1:57pm Jan 30, 2019 1:57pm
why this thred inactive
  • #62
  • Apr 5, 2019 8:42pm Apr 5, 2019 8:42pm
Quoting diamonddbw
Thanks for sharing this Gigant. I met SM about 10yrs ago. I'm guessing that this video was made about that time. Was fortunate enough to study under two of his trainers. My evaluation is that SM is a very good story teller. I'm not certain he really walks the talk. I got nearly nothing from hours of training. But that's just me. You make your own decision.
Hi there, i have a few question abot your experience with SM
  • #63
  • Apr 6, 2019 8:08am Apr 6, 2019 8:08am
Quoting diamonddbw
Thanks for sharing this Gigant. I met SM about 10yrs ago. I'm guessing that this video was made about that time. Was fortunate enough to study under two of his trainers. My evaluation is that SM is a very good story teller. I'm not certain he really walks the talk. I got nearly nothing from hours of training. But that's just me. You make your own decision.
You just didn't understand this strategy. Or you did not try enough. It is a very good strategy for day trading. You can get 20 pips and more. Looking from 1H chart time frame and taking the trade at 15min time frame. You are not certain if he walks the talk? That is irrelevant in trading. What any trader does is not of your concern. It is you that needs to learn and apply the strategy and practice. Once you find the strategy that works for you, that brings you a good income and very small losses, you are ready to trade full time with real money. Trade safe.
  • #64
  • Apr 6, 2019 8:19am Apr 6, 2019 8:19am
I bought his course. Best money I have spent in Forex. Steve definitely walks the walk.
  • #65
  • Apr 11, 2019 10:46am Apr 11, 2019 10:46am
Quoting Techanalyst
{quote} You just didn't understand this strategy. Or you did not try enough. It is a very good strategy for day trading. You can get 20 pips and more. Looking from 1H chart time frame and taking the trade at 15min time frame. You are not certain if he walks the talk? That is irrelevant in trading. What any trader does is not of your concern. It is you that needs to learn and apply the strategy and practice. Once you find the strategy that works for you, that brings you a good income and very small losses, you are ready to trade full time with real...
Do you have the indicator?
  • #66
  • Apr 11, 2019 1:03pm Apr 11, 2019 1:03pm
Quoting katsufxfact
{quote} Do you have the indicator?
No I don't i never took SM course. I trade it similar though and i watched few of his videos and it is good strategy. As for indicators it is very simple

EMA's: 5,13,50,200,800
Traders Dynamic index you can download it anywhere
Sessions can download it anywhere it shows sessions: Asian, EU, NY.
  • #67
  • Apr 14, 2019 3:25pm Apr 14, 2019 3:25pm
Quoting katsufxfact
{quote} Hi there, i have a few question abot your experience with SM
.. try it
Attached File(s)
File Type: tpl marketmaker template.tpl   89 KB | 2,586 downloads
  • #68
  • Apr 21, 2019 8:51am Apr 21, 2019 8:51am
forex factorians will hold on to anything even if its a sinking ship now will they.
lmao,(a not so wise man even went further to call them a bunch/collection of loosers drinking each others unhealthy kool-aid,unrespectful champ he was-but i wouldn't go as further to call them that.for without respect we are just flesh and blood.)

FACTS:
-The algorithims at big instutions have long been updated (=out dated method/strategy),the method is outdated no longer works!!

-Computers are running the shows at this big institutions-Traders working at this big banks and institutions's jobs is just to monitor if this algorithims are behaving properly.The computers are only switched off during big news release events e.t.c BUT THEY DO RUN THE SHOW!!!

-Things are not as they were 10-20 years ago in the trading business.Anyone who uses the method is just gambling,Waisting time!!!

-Human mindest can never beat an algorithmn or a computer.YOU ARE ALL JUST WAISTING YOUR TIME.
yOU MIGHT MAKE LITTLE PROFITS NOW BUT_YOU ARE EVENTUALLY GOING TO LOOSE EVERYTHING IN THE END!!

SO GOOD LUCK....(the only training that works is from ex-big banks employees,which most of it is based on certain aspects,ALL THIS FOREX STRATEGIES OUT THERE ARE USELESS,sorry to hurt your feelings)

Insert:if follow this data contained in this images you will find out that YOU RETAILERS ARE PURPOSELY ALLOWED TO WIN!(why?-so you can keep playing).
If they ever decided to shrink their pie-non of you (excuse my french) parasites would win!
(The red loosing days are done purposely-TO get the S.E.C OFF their asses and to keep you chasing your tails,because most of you have their heads so far up their...-they can't even tell which way north or south is)
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  • #69
  • Apr 21, 2019 11:48am Apr 21, 2019 11:48am
Quoting EXpRINCE
-Things are not as they were 10-20 years ago in the trading business.Anyone who uses the method is just gambling,Waisting time!!! -Human mindest can never beat an algorithmn or a computer.YOU ARE ALL JUST WAISTING YOUR TIME. yOU MIGHT MAKE LITTLE PROFITS NOW BUT_YOU ARE EVENTUALLY GOING TO LOOSE EVERYTHING IN THE END!! SO GOOD LUCK....
Somebody, please tell me what this guy says is not true before I lose my mind, especially about the wasting time stuff...cos I've just started learning this strategy and don't want to seem as if i'm wasting my time!
  • #70
  • Apr 21, 2019 3:30pm Apr 21, 2019 3:30pm
Quoting LivingCovers
{quote} Somebody, please tell me what this guy says is not true before I lose my mind, especially about the wasting time stuff...cos I've just started learning this strategy and don't want to seem as if i'm wasting my time!
Surely it's not a waste of time! We are working in a multi dimensional market and as everyone should personalize the strategies and some would fail due to many factors that Steve mentions repeatedly in his course, so some negative talks are around the course.
I myself have started the course 4 month ago and now consistently get at least 200 pips per week. My previous strategy was Ichimokou. At those days I was just sitting at the monitors and take small shares out of the market, but here just grab the days after HOW (high of week) and LOW (low of week).
Always keep in your mind that FOREX is the business of GUESSTIMATE!
  • #71
  • Apr 23, 2019 12:44am Apr 23, 2019 12:44am
I can load the MM template from the download, but I can't seem to attach any of the indicators to my chart... is there a trick that I'm missing?
  • #72
  • May 20, 2019 1:54pm May 20, 2019 1:54pm
Quoting ianf0ster
It is interesting that you guys are ripping off Steve Mauro. While I studied his method for about 2 years and kept feeling I was getting close to understanding it, I had to give up because there were too many situations which could only be correctly analysed AFTER THE FACT. After BTMM, I studied a (mainly) trend following system(s) called the MAX which backtests really well, but by then I wanted to know what actually makes the market move (and that is Fundamentals - not indicators). Neither do the Market Makers move the market - they are happiest...
It is interesting that you may have studied his method, but you have your own group that you advertise your own useless strategy, pretending to know how to trade like an institutional trader. Don't be a clown we all know you are a trader from home just like all of us here. Some of us make more money some of us less, some are still learning. A lot of things move the market. Not just fundamentals. The trend following system are you serious? Supply/demand strategy and market maker something like Steve Mauro trades is the best thing for a retail trader to learn. It is the most successful way for a retail trader to learn. You won't bother plugging your own thread here, but you still mentioned it. You are just a person that advertises your own strategy that is like any other and charge big money for it. There are two kind of traders, 1. those that are trying to teach and 2. those that actually trader. You are the 1. option.
  • #73
  • May 23, 2019 4:39am May 23, 2019 4:39am
Quoting Moeeni.ma
{quote} Surely it's not a waste of time! We are working in a multi dimensional market and as everyone should personalize the strategies and some would fail due to many factors that Steve mentions repeatedly in his course, so some negative talks are around the course. I myself have started the course 4 month ago and now consistently get at least 200 pips per week. My previous strategy was Ichimokou. At those days I was just sitting at the monitors and take small shares out of the market, but here just grab the days after HOW (high of week) and LOW...
Thanks a lot, Moeeni. I appreciate sharing your candid thoughts about this. Now I know the right step to take!
  • #74
  • May 23, 2019 10:30am May 23, 2019 10:30am
Quoting Techanalyst
{quote} ....... but you have your own group that you advertise your own useless strategy, pretending to know how to trade like an institutional trader. Don't be a clown we all know you are a trader from home just like all of us here..... The trend following system are you serious? Supply/demand strategy and market maker something like Steve Mauro trades is the best thing for a retail trader to learn. It is the most successful way for a retail trader to learn. You won't bother plugging your own thread here, but you still mentioned it. You are just...
Let me tear this up piece by piece:

---- but you have your own group that you advertise your own useless strategy,
No, i don't. I do run a free support group for fellow students, but both sets of courses I mention are just those I paid for and found value in (though in the case of the MAX its indicator use (rather than the trend following) makes it unsuitable for my personality.

---- Don't be a clown we all know you are a trader from home just like all of us here..
I have never claimed anything other than that I trade using 'institutional methods and knowledge' but in the Retail space.

----The trend following system are you serious? Supply/demand strategy and market maker something like Steve Mauro trades is the best thing for a retail trader to learn. It is the most successful way for a retail trader to learn.
There is nothing wrong (except sometimes a poor win%) about a good trend-following trading method. The MAX is probably the best trend-following system out there, it has a good win rate (approx 70%) and uses good money/trade management to make use of scaling in and out of trends so as to build up a sizeable position while taking profits along the way and never exceeding the initial risk.
They show their trades in live free webinars admittedly they rarely hit a 'home run in those' but can anybody make a big winning trade to a schedule?
What evidence is there that Steve Mauro's system is 'the best thing' for retail traders? Unless he has changed, Steve never demonstrated his system with live trades and kept no statistics.
Doesn't it seem strange that Steve supposedly learned for this mysterious anonymous Indian trading guru, but could not teach it until his mentor died?

But there is one important point that almost all courses neglect - that is that in order for a trading method to work for a particular trader, it MUST suit that trader's personality, skills, timezone, interests and resources. With most courses only the Originator can trade them well - sometimes not even the Originator - LOL !

---You won't bother plugging your own thread here, but you still mentioned it
Out of respect for other OP's I don't 'plug' my thread(s) - is this a bad thing? Yes I did mention one because I like to help traders and share what information that I have gained in the 12 years that I have been taking trading seriously.

---You are just a person that advertises your own strategy that is like any other and charge big money for it.
I have already said that neither 'The MAX' nor 'Sharp Edge ' are mine. I don't even have a website so it is actually not possible for me to make any money by referrals.
Even my student support group for Sharp Edge students is completely free (over 400 members) and so has to use free resources because it would be unfair to expect me to subsidise it.

---There are two kind of traders, 1. those that are trying to teach and 2. those that actually trader. You are the 1. option.
Actually I am prohibited from teaching. I have to tread up to that 'line in the sand' so as to inform traders as much as possible without breaking either of the 2 Non-Disclosure Agreements I signed. - Not like others who ignore such things.
Oh, and I do trade and have shown my live account in my thread - just not recently, since what I do in trading is meaningless to an outside observer - what matters is what it is possible for them to do!
  • #75
  • May 23, 2019 11:14am May 23, 2019 11:14am
Quoting ianf0ster
{quote} Let me tear this up piece by piece: ---- but you have your own group that you advertise your own useless strategy, No, i don't. I do run a free support group for fellow students, but both sets of courses I mention are just those I paid for and found value in (though in the case of the MAX its indicator use (rather than the trend following) makes it unsuitable for my personality. ---- Don't be a clown we all know you are a trader from home just like all of us here.. I have never claimed anything other than that I trade using 'institutional...
Alright, thanks for the answers. Trade safe.
  • #76
  • May 23, 2019 11:54pm May 23, 2019 11:54pm
Quoting EXpRINCE
forex factorians will hold on to anything even if its a sinking ship now will they. lmao,(a not so wise man even went further to call them a bunch/collection of loosers drinking each others unhealthy kool-aid,unrespectful champ he was-but i wouldn't go as further to call them that.for without respect we are just flesh and blood.) FACTS: -The algorithims at big instutions have long been updated (=out dated method/strategy),the method is outdated no longer works!! -Computers are running the shows at this big institutions-Traders working at this big...
You have no clue what you are talking about. Lots of successful traders out there with various strategies.
  • #77
  • May 24, 2019 4:19am May 24, 2019 4:19am
Quoting EXpRINCE
forex factorians will hold on to anything even if its a sinking ship now will they. lmao,(a not so wise man even went further to call them a bunch/collection of loosers drinking each others unhealthy kool-aid,unrespectful champ he was-but i wouldn't go as further to call them that.for without respect we are just flesh and blood.) FACTS: -The algorithims at big instutions have long been updated (=out dated method/strategy),the method is outdated no longer works!! -Computers are running the shows at this big institutions-Traders working at this big...
My views:

-- forex factorians will hold on to anything even if its a sinking ship
Yes, sometimes they will if they don't have enough knowledge/experience to be able to tell a losing method/system form a winning one that is just going through a bad period.

-- FACTS: -The algorithims at big instutions have long been updated (=out dated method/strategy),the method is outdated no longer works!!
Having taken Steve Mauro's course (several times) I would say that at least for me and probably most others, this method never did work! Though it appeared tantalisingly close to working.

--Traders working at this big banks and institutions's jobs is just to monitor if this algorithims are behaving properly.The computers are only switched off during big news release events e.t.c BUT THEY DO RUN THE SHOW!!!
Only partially true, it very much depends on what type of institution and how you define 'running the show'. Many Prop firms will use Algos pretty much exclusively if they are momentum trading - known as MOMO.
The big investment banks mostly trade hedges, for which they need Algo enhancement, but human decision making. When they trade directionally accumulating large position they also use Algos,
But they MOMO type trades can be done successfully by a human- just not quite so efficiently unless the human is looking for 'runners' and able to scale in and out as the probability of the next Profit Take position changes.
Similarly The big directional plays can be done successfully by a human, because a human doesn't need to get all that size on a trade, if they are prepared to 'work a level' and treat it as a scalp unless it 'runs' then a Human can do well. However these big accumulations may takes over a day to complete, so a human may miss the big move due to sleeping/eating etc.

---Human mindest can never beat an algorithmn or a computer
Not true at present, though a human can never be as fast as a computer. So Market Making is all done by Algos now!

--the only training that works is from ex-big banks employees,which most of it is based on certain aspects
Scalping using Order Flow works and you don't need an ex-bank trader to teach you that - but forget using MT4, since you need a sophisticated Order Flow package.
Most ex-bank traders are just ex-Order takers, so can teach little apart from VWAP.
I have only found a single investment Bank Quant/Strategist/Analyst/Trader who teaches retail clients. - So it isn't impossible to get the right training, just that most is pure B*S* and half of the picture.

--The red loosing days are done purposely-TO get the S.E.C OFF their asses
Don't be stupid, they don't need losing days for that. Those charts just show that GS are not in the top league of traders (when not purely ripping off their own customers). I recall that either in 2018 or 2017, their whole Bond trading division made a loss over a whole month - that shows what poor traders they are. The best bond traders rarely have a losing day !
  • #78
  • May 24, 2019 5:52am May 24, 2019 5:52am
Quoting ianf0ster
{quote} My views: -- forex factorians will hold on to anything even if its a sinking ship Yes, sometimes they will if they don't have enough knowledge/experience to be able to tell a losing method/system form a winning one that is just going through a bad period. -- FACTS: -The algorithims at big instutions have long been updated (=out dated method/strategy),the method is outdated no longer works!! Having taken Steve Mauro's course (several times) I would say that at least for me and probably most others, this method never did work! Though it appeared...
It works great for me. Keep in mind I did not even take his course, just watched couple of youtube videos and put it into practice. Combined it with supply/demand strategy. I have been trading S&D for years. Works AMAZING. Great results every month. Of course sometimes i do have losses like anyone, but overall monthly always in a good profit. Trade safe. It is not about just the strategy, it is about how traders applies the strategy and if they understood it right. If you have failed in Market Maker strategy, than i guess you did not understand how it works. I never paid a dollar to someone for a training, I learned it on my own from my own mistakes.
  • #79
  • May 24, 2019 8:19am May 24, 2019 8:19am
Quoting Techanalyst
{quote} It works great for me. Keep in mind I did not even take his course, just watched couple of youtube videos and put it into practice. Combined it with supply/demand strategy. I have been trading S&D for years. Works AMAZING. Great results every month. Of course sometimes i do have losses like anyone, but overall monthly always in a good profit. Trade safe. It is not about just the strategy, it is about how traders applies the strategy and if they understood it right. If you have failed in Market Maker strategy, than i guess you did not understand...
Techanalyst,
It is good that Steve Mauro style works for you.

The fact that different traders need different methods/systems is something which is nearly completely overlooked.

It is true that I never got a satisfactory explanation of how to work out the cycle of the 'Levels' to predict in which direction the next major move would be.
But overall I think I understood his method pretty well. But with so many grey areas I found it too subjective to have enough confidence in it.
I had a similar problem with 'The MAX' even though it was not subjective and I could backtest and see that it worked - I still couldn't get the confidence to trade it live because it didn't know 'WHY IT WORKED' !

I eventually discovered that I need to know the 'WHY' (perhaps due to my scientific background).
  • #80
  • May 29, 2019 1:10pm May 29, 2019 1:10pm
Steve mauro is a legend !!
@fauzaanu on Telegram
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