Quote from: Alex-11 on July 22, 2019, 09:41:24 PM

Quote from: bikefront on July 22, 2019, 01:19:42 PM

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.
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.... Therefore, posting the numbers publicly will not affect trades according to Armstrong, so anyone posting has nothing to lose.

I think he was talking about the long term trend.
In any case, nothing to lose is not a good reason to post something that everybody would want to have. And then if you post something, then people come along and say naa, this is totaly subjective, it's a fraud you idiot and alike or you are being ignored. So not even without a benefit, but potentially ignorance, bashing and flame-wars.

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Live or forecasted trade posts are the only way to verify.

I'd say it's one way, but you can also backtest yourself (if you are patient enough). And yes, if you are really in the need of convincing people of something you can do live trades. But if not, then you don't care. You just offer what you have for those who understand and don't care about the rest.

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How do you account for the phantom Reversals that could not be elected during rallies?

IMO it doesn't happen very often. There are other discrepancies (as the banner says on the website). Once the banner is removed, then one can expect a near perfect system. Until then, just wait and do something else.
I understand that people want to just start trading Socrates with real money, expect fast result, loose money and get mad at MA. That is the greed that eat's the brain. Maybe that was to harsh but Soctrates is really complex and should not be taken lightly.

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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 sytem. This should be easy to do for a profitable Socrates user.

At the moment, I agree. There are too many bugs (even obvious bugs) in the system. It makes it very hard. I do not perceive "Phantom" reversals as a big problem since it doesn't happen often and they don't seem to be a bug. But there are other problems which are bugs (at least in part) and are a bigger problem. For example the arrays (not monthly).

The reason people are saying it was subjective was because the methodology was subjective. If you can post your criteria beforehand (eg a certain set of conditions means you will enter the trade and another set of criteria will mean you will exit), then there will be no risk of that. The problem is that when Armstrong posts his Reversals or arrays or whatever, he turns out to be wrong but he says he is right for reasons completely unrelated to his original claim...but it was too late as the trade was already entered and followers lost money.

Many have backtested and it turned out not to work for every single person on this forum except the people who claim for it to work... but there is no proof of it working. You don't even have to give us your own backtests- just the criteria will do.

If the system is buggy then everyone should simply close their subs. Armstrong has enough money that it won't affect him if he is a good trader, and that would help speed things up in development. Regardless of how complex something is, it will still work for all if the criteria itself is consistent. Additionally, the complexity still boils down to 'open trade', 'don't open trade', 'close trade', 'don't close trade'. Reversals and arrays in theory are the complexity simplified.