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Major OmniFunds Update

We just released a significantly improved version of OmniFunds 2.
Here is a summary of the changes:

  1. Market on Close Execution - Improves Profitability by as much as 100% by increasing gains and reducing draw downs!
  2. Immediate Order Execution on Changes - Any change you make to an OmniFund (switching funds, allocation, etc.) can be made immediate.
  3. Avoiding the Pattern Day Trading Rule - When changes are made, OmniFunds ensures that an Entry and Exit will not be made on the same day for any symbol.
  4. Trade up to 200% on Margin - We now support trading full margin in OmniFunds 2
  5. Symbol Issues Addressed - There was a problem with $VIX that was addressed (for Lab users)

Click here for a document that explains the changes.

About the Author Ed Downs

Ed has more than 40 years experience in trading and software development. Ed received a Bachelor of Science degree in mechanical engineering from the University of Texas at El Paso, and a Master of Science Degree in Electrical Engineering from the University of Texas at Austin. Prior to founding Nirvana, Ed worked on design automation software for Tektronix. In addition to inventing the original concepts for OmniTrader and VisualTrader, Ed has published several books and trading seminars, including, The 7 Chart Patterns that Consistently Make Money. Ed currently serves as President and CEO of Nirvana Systems, Inc. Ed is also the founder of Intelligent Fund Management, and the visionary behinds the OmniFunds web site.