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Munir Karkanawi (By Mark)

Gain : -70.82%
Drawdown 82.26%
Pips: -6380.7
Trades 943
Type: Real
Leverage: 1:100
Trading: Manual

Munir Karkanawi Discussion

Apr 15, 2021 at 19:30
7 Replies
Mark (MoneerKarkanawi)
Member Since Apr 13, 2021   8 posts
Jun 12, 2021 at 19:35
So my strategy is simply reversal based . I watch the ebb and flow points on the entry chart and a couple bigger charts to ensure there is no significant resistance . I olso NEVER trade against the crossing direction of the 21- 8 ema on the entry chart and also avoid getting in if a bigger chart 21EMA is just in front of my entry ( regardless of the crossing direction ). the attached photo will explain better.


Let them decide then get along.
Member Since Sep 20, 2021   8 posts
Sep 20, 2021 at 15:26
So your strategy is simply reversal based?
Member Since Oct 02, 2021   18 posts
Oct 02, 2021 at 11:36
Trailing stops are a very collaborative part of risk control. Using trailing stops can save you a lot of losses. Many people trade by following this strategy.
Mark (MoneerKarkanawi)
Member Since Apr 13, 2021   8 posts
Oct 07, 2021 at 18:17

yes as simple as that . it never felt right for me to trade just never know when the forces and big traders behind it will abandon it and change there mind . reversals when confirmed are the perfect sweet spot to get in the market. another thing is the risk reword ratio is a myth . I mean when you always only wait for that huge move that will give you the 1:3 or 1:4 RR ratio , you will miss out big time . be reasonable , be confidant and let your outs be guided by the market in real time not some arbitary stop loss level. check my 2021 stats to get a feel of it . I mean its not perfect but a strategy should always feel reasonable and simple for one to be able to execute day after day
Let them decide then get along.
Member Since Sep 29, 2021   27 posts
Dec 10, 2021 at 17:47
Someone tried using it for work?
Mars is my home
Mark (MoneerKarkanawi)
Member Since Apr 13, 2021   8 posts
Jan 02, 2022 at 09:19
@ALIENex im working on it at the mean time.. Trying to get funding and land zoom interviews
Let them decide then get along.
Nick (Nickbuer)
Member Since Sep 26, 2021   23 posts
Jan 02, 2022 at 15:50
good job NICE CHART --- RESULTS? ..........
Mark (MoneerKarkanawi)
Member Since Apr 13, 2021   8 posts
Jan 04, 2022 at 18:49
@Nickbuer @Nickbuer check last year results on my page ...not a go yet regarding investors ...It might take me another year of investment-worthy numbers to make a good impression which is fine by me ..I'm in for the long haul
Let them decide then get along.
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