Quote from: rosousa on June 12, 2019, 10:10:37 AM

Who forecast that the Yield on 10-Year Treasury note would fall bellow 2.5% this year? Martin? NO Socrates? NO
Not a single market forecaster/analyst respondent in January´s Wall Street Journal survey of economists predicted that:
https://twitter.com/NorthmanTrader/status/1138184175201193984

....
Over last 4 years, a small group of high skilled/experienced persons on different areas from Trading, risk management, software engineers, code writers, we have back-test +90% market approaches, theories, strategies including reversals, cycles, Elliot waves, fibonacci, Gann, Pii cycles and all kind of technical analysis tools (which all are basically derivation of the same thing - price, volume and cycles/seasonal information, which is the main information available on all markets). The main conclusion we had reached is that as we try to build a system that reach 70-80% winning trades, the profit of system would drop exponential as the number of trades/year would be reduced exponential and lot of confirmations needed to +70% win rate on trades bring up exponential rise in price risk (the % risk that you have to take or simply speaking the risk/reward ratio will be too high and getting exponential worst as the systems approach +75% winning trades). So, with that in mind, the Win Rate of system isn´t a good measure of their performance, risk/reward ratio or profit factor is much more useful.

I have attended 2 WEC´s already and wasted lot of hours reading MA blog posts and I never ear/read in
it the profit factor/ risk/reward ratio of any back-test in any instrument in Socrates, but read/ear several claims that Socrates never wrong, he´s always right which is nonsense to anyone with a basic understanding that financial markets are the most competitive markets in the world, so even the best traders/investors edge is very small and of course very far from 100%.

We have to give, merit to MA in one thing. He´s a hell of a salesmen/marketeer! He´s the only person in the world that can Sell a market history review class (WEC conferences) for $2750 or having people paying minimum +$2000/year to beta test 1 instrument/market access in the Socrates database/ black box system. He have top-notch charisma, when you´re close to him and ear him speaking you completely forget that what he´s saying can´t be real, isn´t possible on earth a system/super-computer that is always right or anything close to it.

RS
https://twitter.com/ricardosousaIA

THANK YOU for the information!!!