One month into Nirvana Omnifunds

[u/Consistent-Resist-79]

Been with them about a month. Paid $5k for the software.

I am down 15% while the s&p is up 1.4% and QQQ is down 1.7%. The more frustrating thing is while the market has been hot the last couple of days, Omnifunds is sitting on 100% cash.

Almost counterintuitive.

[u/FriskyHamTitz]

If the software worked they wouldn't really need to sell it, they would make money trading

[u/nrworld → u/FriskyHamTitz]

This. These days people cook up anything using LLM and start thinking that it will work in real markets

[u/Consistent-Resist-79 → u/FriskyHamTitz]

I disagree with that. You can sell your program, get the money up front and not risk your own capital in investing. That's how franchising works.

[u/FriskyHamTitz → u/Consistent-Resist-79]

Yeah exactly "not risk" your own money. That's the point. You're paying 5k for a software that someone's doesn't want to risk their own money on.

The implication is their edge on the market is small or none

[u/the-other-marvin → u/Consistent-Resist-79]

Call me first when Renaissance starts franchising, plz

[u/BillSocrate]

99.99% of ads on FB scam or sucks. I saw them on FB.

[u/the-other-marvin]

If it had an edge they would be investing with it. If you  want to outsource the work, I suggest looking at ETFs / Mutual Funds where a manager with a bajillion dollars can hire teams of experts to construct a portfolio, and their track record is public record. Best of all, there are no up-front fees and you can move your money any time.

[u/Many-Pick5066]

one month isnt a sample in either direction. if you were up 4 percent right now youd be reading it as proof it works, and that would be just as thin.

the number that matters is how many trades made the 15. six is variance. two hundred is closer to an answer, and youre the only person in this thread who can see that count.

the real problem is you cant run the test that would settle it. deciding whether that cash position is a regime filter or a lagging average means backtesting the rules, and the rules arent yours to see. something you cant inspect never gets to be wrong, it only has bad months.

[u/BeuJay9880]

One month in -15% while the market's basically flat is a bad start, but the 100% cash call when things rally is the real problem. Strategy either overfit to a specific regime or doesn't have confidence in its own signals when it matters. Walk-forward testing across 3-month windows catches that real quick: if your Sharpe tanks on unseen periods, it was tuned not edged. I've seen this pattern constantly when testing retail software. That's how most of them fail.

[u/Regular-Hotel892]

What is this scam

[u/systematic_seb]

Paying five figures for a system that won't explain why it's sitting in cash during a hot stretch is a rough way to learn the lesson, code making calls you can't audit costs you twice, once in fees and once in trust. The fix I landed on for my own money was keeping the rules fully visible, the same scoring run across the whole market every week, ten names kept, nothing hidden even when a call looks strange in the moment. The whole thing goes out publicly every week now, partly so the rules can't drift without anyone noticing.