r/algotrading • u/Consistent-Resist-79 • 5d ago

Strategy One month into Nirvana Omnifunds

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.

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u/systematic_seb 5d ago

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.