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Mazhar Rasool, CMT, started trading his personal account in 1992 and immediately was attracted to technical analysis, thanks mainly to John Murphy’s book, Technical Analysis of the Futures Markets.
He received two months training on technical analysis and fundamental analysis from Chinese instructors of a Hong Kong based firm that he had started trading through. Mazhar soon joined the firm and was given the responsibility of trading for some clients as well.
He prefers a chart pattern-based subjective approach to technical analysis. It has kept him afloat in the futures and currencies market for close to eight years. He credits his success to the practice of selecting exit points and placing stops at the time of trade entry. In 2000, Mazhar switched to trading Pakistani stocks and was introduced to the MTA. He has since earned his CMT designation.