By: Nicolas Corsaro, FLXNSOCIAL PR FIRM
Luc Longmire, Kayla Van Boven, and Adam LoPorto, despite their varied backgrounds as successful traders and entrepreneurs, founded Quantum Bots in 2023. This algorithmic trading company distinguishes itself in a crowded marketplace with a focus on education and rigorously tested software systems. This article explores the journey of Quantum Bots and the innovative minds behind it.
Introduced by mutual friends between 2019 and 2020, Longmire, Van Boven, and LoPorto lived on opposite corners of North America. They maintained regular contact, primarily sharing trade strategies. Keen to diversify their trading portfolios, Van Boven and LoPorto sought Longmire’s expertise to set parameters for their system.
LoPorto’s need for automation stemmed from his stressful and risky single trading account. The potential to automate trade management became a topic of discussion between Van Boven and LoPorto. They realized that a simple software system to manage trades according to set rules could significantly reduce their workload and improve efficiency.
Photo Courtesy: Quantum Bots
Van Boven, who had tested over 150 algorithms, played a crucial role in developing the initial software. Designed to close trades, this system quickly evolved to include opening trades and analyzing extensive data. Despite setbacks with unreliable developers, the team eventually collaborated with professionals who shared their integrity, knowledge, and passion.
Their desire to diversify portfolios led to the birth of Quantum Bots. Initially, the goal was to create effective tools for personal use. As the software proved successful, demand from peers grew, prompting the establishment of Quantum Bots as a business. According to LoPorto, “We just wanted tools for ourselves, but they turned out to be so good that people started asking for them.”
Unlike many algorithmic trading firms promoting passive income opportunities, Quantum Bots focuses on a balanced approach to wealth-building. LoPorto explains, “We see wealth-building as a pyramid with three sections: secure investments, medium-risk assets, and high-growth opportunities. A balanced portfolio across these areas is essential for financial health.”
Photo Courtesy: Quantum Bots
Quantum Bots emphasizes financial education. Longmire, a renowned speaker in the FOREX trading space, highlights the importance of educating clients. The company offers sessions covering topics from risk diversification to using algorithm profits for real estate investments. LoPorto adds, “Many people fail at financial success because they don’t know how to approach it. We teach them to enjoy the journey and take a methodical approach.”
The founders prioritize low drawdown and reasonable account sizing. Longmire states, “Most algos risk too much for modest returns. We wanted something better.” With KONG’s historical track record, Quantum Bots aims to offer clients robust, reliable trading tools.
Quantum Bots plans to expand its offerings in 2024, introducing additional algorithms to help clients diversify their portfolios further. Van Boven expresses excitement about future developments: “We have several promising algorithms in the pipeline. Our goal is to release 5-8 new algos next year.”
As Quantum Bots continues to grow, it may well reshape the landscape of algorithmic trading. The trio’s venture into trading software has positioned them to challenge major players in the industry, providing a fresh, educated approach to financial growth.
Published by: Nelly Chavez
