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Munir Karkanawi (By Mark )

Gain : +25.84%
Drawdown 67.52%
Pips: -4929.2
Trades 496
Won:
Lost:
Type: Real
Leverage: 1:100
Trading: Manual

Munir Karkanawi Discussion

Mark (MoneerKarkanawi)
Jun 12 2021 at 19:35
8 posts
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.

Attachments:


Let them decide then get along.
MarcelllusLUX
Sep 20 2021 at 15:26
8 posts
So your strategy is simply reversal based?

dorseyPRO
Oct 02 2021 at 11:36
15 posts
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)
Oct 07 2021 at 18:17
8 posts

yes as simple as that . it never felt right for me to trade trends...you 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.
ALIENex
Dec 10 2021 at 17:47
22 posts
Someone tried using it for work?

Mark (MoneerKarkanawi)
Jan 02 at 09:19
8 posts
@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)
Jan 02 at 15:50
16 posts
good job NICE CHART --- RESULTS? ..........

Mark (MoneerKarkanawi)
Jan 04 at 18:49
8 posts
@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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