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Mark Christopherstarted a discussion
Title: Why do 90% of retail traders fail? (I think it's lack of data)
Everyone talks about "psychology" being the reason traders fail. I disagree. I think the real reason is Lazy Analysis. Most people see an "RSI Crossover" and buy, without knowing if that strategy actually worked in the last 100 trades. They are guessing, not trading. I built a tool (PipWizard) to force myself to backtest every idea before risking money. It changed my win rate completely....
Mark Christopherleft a comment
Hi Product Hunt! š Iām the maker behind PipWizard. I built this tool because I was tired of the biggest problem in trading: Guessing. I spent years watching YouTube videos about "90% Win Rate Strategies," trying them manually, and losing money. I realized I needed a way to prove a strategy worked on historical data before I risked a single dollar. So, I coded PipWizard to automate that process....
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PipWizardAutomated Forex Strategy Scanner & Backtester