It cost me millions to learn that another dangerous enemy to a trader is his susceptibility to the urgings of a magnetic personality when plausibly expressed by a brilliant mind. Jesse Livermore
Armstrong has a brilliant mind, no doubt about it. But Livermore held his losing cotton position due to a man who was good with words, in the same way people here keep losing money from Armstrong's foolish calls. The Japanese fell for it, and now he only has a small group of people left. That reminds me. There was that one Canadian guy online here who apparently uses Socrates to trade.
https://www.mininginteractive.com/ Does anyone know his performance?