Sharing my project: A no loss trading app

Much like the guy who posted his chess app, I've been using this forum for a long time, and now that I've developed a new project I thought I would share it with you.

I worked in finance for my whole career, most of it in public equity investing. I quit my job earlier this year to develop this project

85% of active individual investors lose money, with an aggregate loss of $1trn each year. My goal is to reduce these losses by 90+%, and use the remainder to create a valuable company. So I created a virtual trading app(i.e. no real trades, no deposits), that ranks participants based on their return, and gives tokenised rewards to the best traders. That excess liquidity from participant savings and some ecosystem spending feed the value of the token. $1trn market, so even with a 1% take rate on the savings revenue potential is $10bln a year.

I wasn't allowed to trade when I was working even though I love it and I wanted to. Probably the same applies to many of you. But you could use this I'm pretty sure. So it's doubly good for those blocked off from trading by compliance.

Just launched the trading app this week so looking for feedback/criticism/bugs. Let me know what you think!

phoenix-trade.io

Comments (4)

Sep 15, 2022 - 5:20am
WSO Monkey Bot, what's your opinion? Comment below:
  • Prospect in S&T - FI
Oct 11, 2022 - 5:34pm

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