IMO the goal should be not to trade after MA's blog posts but only after Socrates numbers itself. Trading should be done completely independent of his advise or opinion.
Blog posts can be used for educational purpose, but not mainly for trading decisions.
backtest I've posted already several times:
http://armstrong.forumprofi.de/showthread.php?tid=78&pid=234#pid234The system is not everywhere buggy, but I can understand people who would rather wait until some bugs are fixed. And for people who have problems with Socrates, this would also be my advise (to wait).
And please explain how Armstrong claims that it is possible to break the laws of thermodynamics ala Japanese scooter guy.
hehe, I've no idea what you are talking about.
There are many things I can't explain, but there are a few things I can and they are enough for me. The main point is, they need to work
If we look only at the Reversal numbers (that you posted), please explain how you derived those numbers. The link you posted says that Armstrong 'has published the buy and sell signals for the Dow on the below long term chart.' But those are numbers that were posted after the fact so we have no way of verifying if those calls were generated in real time, or if he was using hindsight (which is more likely). Again, that is something anyone can do. It does not count as a backtest at all.
Where is Socrates not buggy, as you say? If that is the case, then the functional areas can be used and proved to be true or not, one way or another.
Also you said that it is very complex, but in the post you linked, it says 'it is super-simple to follow. You just have to consider the buy and sell signals by looking once a month at Socrates.' Please explain the super simple strategy.
Armstrong says the Reversals are based on very complex formulas based on physics and such. But if he cannot even understand the elementary laws of thermodynamics, then it all comes to naught. Posted before, but here it is:
https://www.armstrongeconomics.com/world-news/corruption/fake-new-silence-any-new-achievement/ please explain how it can be that he thinks there is such thing as free energy. It is physically impossible. Therefore his physics based technical analysis (which I also doubt) is inherently flawed. It breaks the laws of thermodynamics.
There is simply no evidence that Socrates works. Again, if anyone wants to PROVE (not claim) otherwise, please do so. This is an open forum.