In regards to my previous post, I'd also like to add Expected Profit and Potential Loss. Expected Profit would be the distance between the current price at close of the election of a Reversal and the next Reversal. Potential Loss would be a stop behind the Reversal after election. This is more subjective, as stops are different and Socrates/Armstrong does not have a specific system for that. Also the R:R for each trade can be added beforehand and the ones better than 1:1 might hypothetically be traded.
It's just that I don't remember bad things about the Reversal performance in themselves, which is the only point of doubt. Even the Euro short had a Monthly Bearish which it bounced off from perfectly. The long side couldn't have been traded but it was the correct point to close shorts. I want to be as objective about this as possible using purely Socrates, so there won't be things like the 1% rule, arrays, trading against Reversals, and so on. Only election based trade performance will be analyzed. The calls will only be based on the ones in the Private Blog. I noticed that Socrates kept changing some of the Weekly Reversals in the textual analysis and so I wasn't sure which was the 'real' or 'fixed' one. It may be that it can do technical analysis well even if everything else is trash. We'll see.
I appreciate what you are doing! I understand this undertaking is a big ordeal that will take a lot of time. My only ask is that you make it publicly available so that we can analyze your findings for ourselves. I mean what's the point of posting findings if we can't go through the data and come to the same conclusions.
Yeah, it'll be public. Who knows, Reversals may be the magic needle in the haystack. I doubt it, and yet...I've seen some really amazing 'to the tick' things in the market and I learned the techniques to see them consistently from Socrates. So if Socrates can do the technical analysis stuff well and Armstrong knows which Reversals are supposed to be the correct ones and we avoid his emotional calls and subjective cycle stuff and only go by elections of Reversals, we might see something amazing. If it isn't amazing, I'll be shutting the door for good.