Retail traders wouldn't recognize a winning strategy if it smacked them in the face.
The first thing they look at is the win-ratio. If it's under 80% retail traders say it's a junk strategy.
The second thing they look at is the RR ratio. If it's not >1, they laugh and say that it's also junk.
Thus they exclude exactly the winning strategies.
Why? Because they were indoctrinated on how a "winning" strategy looks like (>80% WR, R:R > 3:1). But they forget to look at who is "teaching" them - other losing traders.
Of course, if a retail trader were smart, he would actually test these things and find out the truth.
The first thing they look at is the win-ratio. If it's under 80% retail traders say it's a junk strategy.
The second thing they look at is the RR ratio. If it's not >1, they laugh and say that it's also junk.
Thus they exclude exactly the winning strategies.
Why? Because they were indoctrinated on how a "winning" strategy looks like (>80% WR, R:R > 3:1). But they forget to look at who is "teaching" them - other losing traders.
Of course, if a retail trader were smart, he would actually test these things and find out the truth.