I've been following MA since at least 2013 and I have to say there's both good and bad in doing so. I know alot are calling him a fraud and I've also met a few people who claim to have made alot of money trading using his system too. I was highly skeptical myself and studied it extensively for my own curiosity like many others. First, I can confirm from other sources that the system that MA made available to everyone as Socrates and the one he uses for himself are completely different. Many people are duped into believing this which is unfortunate. I also was hoping to get access to his famous buy/sell charts
like this he posts on the blog occasionally but again never gonna happen (also confirmed). So basically if you think you are going to get access to the actual program he uses by buying a Socrates service, I would urge you to save your money.
I had the full service for Socrates when it came out in 2016 and did alot of work to see if the arrays and reversals actually did what they say they would. After back testing everything I found that the daily and weekly (to a lesser extent) stuff was pretty much worthless. The monthly was somewhat more accurate and the yearly was better still (I'm talking about the arrays from his system that he sometimes posts on the blog, not the public Socrates membership stuff). MA has also confirmed in the past that the larger time frames were much more reliable than the shorter terms because the smaller time frames had large amounts of noise on them (this makes alot of sense in the age of electronic trading). In general the arrays are confusing to use and the Socrates version available to the public is worthless for trading IMHO. On the blog MA makes tons of claims about being right all the time and that it's always his computer making the calls but often you'll see in his writing that's he's making some subjective suggestions about outcomes based on his own personal logic. For instance one of the documents he wrote in 2008 said we'd likely see US states starting to go bankrupt in 2009. We know now that none have but some are getting close so the idea was right but the timing was off. Did the computer predict that? Not likely. I remember one call specifically in late 2015 that the DOW would crash the next week. Nobody called that at all except him and the computer nailed it (I did very well on that one). The 2015 WEC he also told everyone to short Deutsche Bank since they were in terrible shape over in Europe, again nailed that one too (that short has worked really well even to this day). Then later in early 2016 he said the US dollar would continue to rise and gold would drop below $1000 (possibly even to $800). I remember realizing the bottom in the commodities was in, USD had peaked and that MA's comments were just flat wrong. I suspect he was using trading logic that if you shake both the long and shorts hard than that sets up a potential rally later. That incorrect commentary even kept going while gold was skyrocketing and the USD tanked. I was pretty pissed having missed that nice little run so it was at that point that I realized I couldn't rely on his system/commentary to trade and that I needed to create my own system. I have now developed my own system which took some elements from his design (some parts I stumbled upon accidentally and they often match up quite interestingly with his reversals and trend lines) while incorporating other items I designed that greatly increase my trading efficiency. Now I use his system/commentary more like an early radar warning to watch for things on my own system and my trading has improved substantially.
To me there's no question that this guy is super smart and has learned very good trading instincts but just like anyone he's human and will inject his personal bias at times even if he says it's the computer. The key is to be able to use it as a reference rather than using it as gospel to trade or you will lose money. His macro level views are exceptional and I've yet to see anyone else even get close to thinking out of the box like he can.