System: Karim Thabet
Type of Trading: Real
Started: Jul 27, 2015
Tracking: 2 users
Currency Pairs: AUDUSD, EURNZD, EURUSD, GBPJPY, GBPUSD, NZDUSD, USDCAD, USDJPY
Essentials: The Karim Thabet system has made 104 trades with an average winning trade of 10.69 pips / $395.82, the average losing trade around -30.08 pips / -$1092.59 and an average trade length of 7h 26m.
The best trade it ever had was (Jul 31) 97.3 in pips and the worst trade was (Aug 11) -93.2 in pips.
It has won (25/33) 75% of its attempted buys and (54/71) 76% of its attempted sells.
Pros & Cons
- Its average stop loss is less than 50 pips which is reasonable.
- Average win under 10 pips so its most likely a scalper that will be very broker sensitive.
- Prone to large drawdowns.
- Bad risk:reward ratio. Stop loss is more than 2x the take profit.