OmniVest Forum OmniVest Forum
forums calendars search
today this week
 
register logon control panel Forum Rules
You are currently browsing as a guest.
You should logon to access more features
A Self-Moderated Community - ALL MEMBERS, PLEASE READ!
Vote for Members who contribute the most to your trading, and help us moderate content within the Forums.


[Random Quote] -


Only Forum Moderators, Administrators, and the owner of this message may delete it.

 
Steve Mayo

Legend
100100100100
Posts: 414

Joined: 10/11/2012
Location: Austin, TX

User Profile
 
Subject : RE: Portfolio Switching
Posted : 4/10/2014 8:04 PM
Post #29729 - In reply to #29727

Hi Jay,

I can't speak to Nirvana's business strategy, but from what we've been discussing the port switcher/balancer tool will work with whatever portfolios you have, regardless of your membership level.

If you have, say, Bronze level, you are limited to portfolios that have only 5 strategies. You can still assemble lots of different portfolios, and the OV-Pro swticher will use whatever ports you have, hopefully resulting in a "switched" portfolio/system that does better than any of those.

Conceivably, and I'm only postulating now, OV3 and the Elite Trader program will enable a Bronze or Silver user to subscribe to larger portfolios (more strats) than he/she could otherwise build at his/her membership level. For example, Mark or I might publish a "system" that switches between 2 or 3 of our best portfolios. Under the Elite program, I would think any OV user could subscribe to it regardless of membership level, but to be fair to Gold members, I would expect bronze/silver users might have to pay a higher monthly fee.

That said, the cost to upgrade to Gold membership is trivial compared to the dramatic improvement you get from using 10 or more strategies in a portfolio. With a bit of work in Strat Lab and with the right list, one can now get higher returns with only a few strategies, but it generally takes more risk compared to the smoother ports you get with 10 or more strategies.

Deleting message 29729 : RE: Portfolio Switching


Nirvana Systems
For any problems or issues please contact our Webmaster at webmaster@nirvsys.com.