Trader AnabelSignals review

Overview

AnabelSignals is a trading signal provider tracked on the TraderStat platform that shows negative results in the Forex market. This review analyzes its performance, including the profitability and accuracy of the signals provided.

Statistical Metrics

• Total Signals: 1007
• Accuracy: 31.98%
• Total Profit: -21312 pips over 642 days
• Average Profit per Trade: -21 pips
• Trades per Day: 1.6
• Weekly Profit: -232 pips
• Average position holding time: 31.7

Most Profitable Trades

AnabelSignals has shown some profitable trades:

• XAU/USD: +616 pips
• XAU/USD: +492 pips
• XAU/USD: +464 pips
• XAU/USD: +431 pips
• GBP/NZD: +307 pips

Most Losing Trades

However, the provider also incurred significant losses:

• USD/ZAR: -1886 pips
• GBP/JPY: -464 pips
• GBP/NZD: -448 pips
• XAU/USD: -360 pips
• XAU/USD: -359 pips

Analysis by Instrument

Analyzing the results for different trading pairs shows that they are mixed:

• NZD/CHF: 50% accuracy, +151 pips profit
• USD/ZAR: 0% accuracy, -1886 pips loss

Strategic Insights

The data suggests a notable challenge in maintaining profitability. The high variability and substantial losses across several trades indicate a need for strategic reevaluation. Despite some profitable trades, the overall trend points toward consistent losses.

Recommendations

Potential investors should exercise caution. The high risk associated with AnabelSignals' strategies, combined with current performance data, suggests a need for careful consideration and possibly exploring alternative signal providers with a better track record.

Conclusion

Based on a comprehensive analysis of AnabelSignals' statistics, it is clear that this signal provider faces significant challenges in achieving consistent profitability. With a total loss of 21312 pips and an accuracy rate below 32%, AnabelSignals ranks as one of the less profitable providers on TraderStat.