Even if you look at funds with more than 3 year track record, I noticed many investment firms that did very poor 8-9 years ago will show only the results starting from the year they performed very well. Hence, you might end up seeing 6 years of great performance, but have no clue about what happened prior to that. There are multi-billion dollar funds out there doing this. We could certainly discuss this in more detail, but my main focus is, how can we improve the results of Darwinex? How can we turn that 77% number into something much less? To me, setting aside some assumptions, it seems clear that the provided tools of Darwinex did have the opposite effect, about 10% more traders lose money with Darwinex than with other brokers that do not offer such broad spectrum of (analysis)tools. Me seems something is broken and not working as intended. I'd like to see a discussion about how this can be fixed. I'd certainly consider investing with Darwinex, but not the way things are now and have been. I'd also welcome people from the Darwinex team to join this discussion in an open manner.
Let me sum up everything in a rhetorical way. Darwinex provides many statistical tools for traders/investors to aid them in their decision making. These tools are supposed to help in finding as well as avoiding certain investment vehicles. Well, if we look at the 77% number (i.e. % of traders losing with Darwinex) than from a trader/investor perspective that number should help traders/investors in choosing other brokers. (No pun intended). I mean if Darwinex is (almost) all about statistics and their use in decision making than the 77% number is similarly a number indicating significantly higher risk of losing money with Darwinex. (again, no pun intended). I wrote it this way since this might help some quant-minds over here put things in perspective. Maybe things are more rationalized for the quants in this way.
Anyhow, what kind of solutions could help more traders actually make more money with Darwinex? I'd like to see Darwinex improve in the near future to the point where I can wholeheartedly recommend it to others.
But it would also be nice to get some real data from the Darwinex team about why 77% of traders lose and why this number is higher than with brokers that don't have any of the fancy tools/services. I do suspect a few scenario's but those I will leave out here out of courtesy.