Trading Brook's MTR in Forex

the nice thing about Brooks is that he is very very definite about where the stop should go and since stop determines risk,that makes it very definite about what risk in ticks you should take.

as far as he is concerned there is no tight and loose stops.

take the risk and accept that.....you can reduce the money amount of risk by tinkering with position sizing.
 
the bad thing and this is what many/most focus on: is his manner of explanation which can be very rambling at worst or unorganised at best.

i had to see his video 4 times just to figure out what the hell he is talking about.

worth the trouble though

after seeing one of videos yesterday i made a net 100 pips.

since he is often not addressing his videos to novices, experienced traders can take his observations, [mostly he describes his observations as opposed to strategies], and fit into their trading with excellent results
 
You must log in or register to reply here.
Back
Top