Post
Topic
Board Economics
Re: Martin Armstrong Discussion
by
nattybear
on 02/07/2019, 18:33:45 UTC

I agree with you 100%. Nobody really talks about the inefficiency of the Socrates system and what impact this has on trading success. It takes years to master it according to statements made by support staff. And my work to disentangle the system to finally prove beyond any doubt that it is a fraud also took years.

To react in real time and have the data ready to go for this case:

https://bitcointalk.org/index.php?topic=1082909.msg51666429#msg51666429

That is not something that the average user of the system can do. You need to be prepared for that.


Then if you want to use it in your trading activities, the research you need to perform every day takes so much time that by the time you are finished, the opportunity is already gone. This complicated reversal system is really a legacy from the time where it would have been advantageous because the reversals are available ahead of time in batches and can be sold with reports. Nowadays, immediacy is required, and the reversal system is doomed to fail.

Taking this legacy system online on the web is a bad joke. To make this clear, a minimum requirement would be a stock scanner scanning more than just 1,000 symbols, and the ability to analyze any security dynamically. Meaning to analyze a stock that Socrates has never seen before.

Look at the type of people lurking around here looking for answers. These people have nothing to do all day and will perhaps not even trade.

Read this blog starting at page 273 to find out more about computerized fraud


In many ways putting Socrates online and giving the level of access to data will actually be a detriment to MA and Socrates (if not downfall). More people will trade based on the 'concrete' numbers and commentary... Find it quantitatively lacking and then (hopefully) walk away because now it's clearly measurable. Either it works or it doesn't and he's opened up the platform for everyone to evaluate that in more detail than before...

Of course... He'll probably keep the scores of people who buy into his perspective and showboating but I'd expect any genuine trader who analyses their trades will find Socrates lacking value.