When the doors were closed on the “bot guarantee” program for the week, my account still showed a loss. Why do I remain optimistic the University of Options (UoO)”copy trader” will work out?
- The losses from earlier in the week were not repeated. Wednesday and Thursday were small losses, and Friday was a profit. The copy-trader “owner” is making changes to improve the results.
- The final week of summer is NOT the busiest time in the futures market. As orders were placed by the “owner,” not all orders were filled at a similar price. Daily profits ranged greatly depending on how quickly the trade was entered and exited. UoO could undoubtedly be using this as an excuse. When reviewed in total, they seem genuine and sincere in wanting everyone’s losses to be redeemed.
- UoO uses Telegram to have all of the participants discuss the results. The negative and positive comments are all shared. They do not review all comments before they are made public. UoO welcomes the free exchange. When the head of the company is actively working to make you financially whole, you know the entire company is focused on perfecting this product.
- Feedback is invited and expected: What VPS are you using, or is the NinjaTrader software running on a home PC? Were there any problems of any type today? All feedback is taken and factored into trading changes the “traders” make before entering each day’s trades. The system isn’t perfect. Ultimately, perfection will likely be a range of results. Yet, the goal is to get all participants into that range.
As with many things, perfection is not found in the investing world. However, UoO is trying hard to create a vehicle that will benefit the existing members of its community. As the product is refined, I hope I will continue to praise the improvements made. At that point, I will let those interested know the “doors” are open to others.
