Post
Topic
Board Economics
Re: Martin Armstrong Discussion
by
bikefront
on 22/07/2019, 13:19:42 UTC
So...anyone making a consistent profit with Socrates? If so, please post live or foretasted trades.
Sorry. No. I would not even try. Explored it, analyzed it.

If I would make profits from Socrates, why should I try to convince some extremely skeptical folks on some internet forum? What would be the benefit of trying this?
I would probably just shut up ,  do my thing and laugh about this forum.

I know that you've made at least 1 profitable trade, as you mentioned on a Friday some time ago that the Nasdaq had elected a Bearish Reversal and the market gapped down and declined the next week. I will admit that. However, we did not know the exit point, nor did we know what the Bearish Reversal number was. This hinders objectivity. Armstrong says that trends cannot be stopped as by their nature the majority will be wrong. Therefore, posting the numbers publicly will not affect trades according to Armstrong, so anyone posting has nothing to lose. It is also not a matter of payment to Armstrong's system, as what people need is CONFIDENCE, as Armstrong says, as well as being able to decipher his convoluted writing style. If you are consistently doing it, then one would rather pay you directly instead, as every single other independent objective analysis shows Armstrong to use an inconsistent method.

Live or forecasted trade posts are the only way to verify. Even accounts showing a profit can be faked by having multiple accounts and hedging them independently. How do you account for the phantom Reversals that could not be elected during rallies? What has your experience been when encountering such scenarios? We are not asking for impossible things but rather, objective data to verify the performance of the system. This should be easy to do for a profitable Socrates user.