Phoenix, a no-loss brokerage for active individual investors

Show HN: Phoenix, a no-loss brokerage for active individual investors

Based, Phoenix, a no-loss brokerage for active individual investors works in show hn launch.

Profile

Do you like actively trading?If you do, chances are you lose money. 85% of active individual investors lose money, for an aggregate loss of around $1trn per year.Several major causes of this are outside the control of investors:1. Wall Street has a large informational edge.2. Wrongdoing towards individual investors goes unpunished by the government and regulators, with a revolving door between these two and Wall Street.3. Short-term frictional costs eat into a short-term trading style.4. Brokerages now have a business model of selling customer trades to financial institutions. This is rife with conflicts of interest and abuse, with limited transparency.5. Brokerages are incentivized to push

The company sits in the show hn launch segment, where it competes on its core product or service.

Its current recorded stage is Show HN launch.

Website: phoenix-trade.io