You're declaring two very different things here:
- The first line declares a delegate type called
MyMethod
- The second line declares a field of that delegate type
It's important to understand the difference, because then you can work out when you really want to declare a new delegate type and when you just want to declare a field of an existing delegate type. If your class has 20 delegate fields, you almost certainly don't want to declare a new type for each of them. If they've got the same signature, you could use a single type... or better, just use one of the framework types such as Action<...> or Func<...>.
Action<string, string> mm;
(There are Action delegates for void return types, and Func delegates for non-void return types, with different numbers of parameters, all expressed generically. Look at MSDN for more details.)