He also competed in the men's middle heavyweight event at the 1992 Summer Olympics.

[3] Chakarov won European Cup with the team of Bulgaria in Angers 1988 and Sofia 1989.

After that, until the end of his long and successful career, he competed only for CSKA Sofia.

His personal coaches were Andon Nikolov, Rumen Alexandrov and Neno Terziyski.

This feat became well known as the "No-No-No" squat,[4] as Chakarov did not use a lifting belt, knee wraps, or spotters for this attempt.