Post
Topic
Board Economics
Re: Martin Armstrong Discussion
by
MTL4
on 29/07/2019, 17:08:30 UTC
I'm just looking for someone that can actually use it to create a winning trade, even just one.  

since this system is not perfect, 1 trade is not enough. One should post 10 trades and should win at least 7 AND make a profit. Or make only an appropriate profit out of the 10.
if there is a bad week or month and you loose the trade, then this doesn't prove anything. Or if you have 9 small looser and 1 that is the Jackpot, it also doesn't prove anything. It could also have been just luck.

WIth this analysis there are 50 trades and 36 of them made profit's. This is a good set of data. 36 win's are of course also not enough. One has to actually make profit and this was the case. Charts like this are also available on the weekly level.

I'm not in the need to try to convince anyone about how good Socrates is. I'm just here to discuss things with like-minded people who have also invested a lot of time into Socrates. And sometimes I feel compelled to respond to apparently false statements.

Quote
At least, a lot of arguments and numbers have been posted proofing that Socrates does not work.
Some of it I checked recently and it  turned out to be incorrect.


I agree a single trade is not enough (50-100 would be a much better sample) but I want to see someone actually post up a single Socrates trade in advance so everyone can verify the results.  Gumbi did one and said DOW would drop to a certain level, I commented it would rebound off resistance and reverse and not surprisingly that's almost exactly what happened.  The problem with the rest of this linked trading data is that as others have pointed out we have no idea what was a call or not (easy to make up after the fact) so I think a healthy skepticism is always warranted.  If this system really works lets see an actual trade in real time that had a decent profit.  To say I'll only comment when everyone agrees with me or believes that this system is awesome is ridiculous, I hope you can see why that's true. I've seen him make some good macro calls but MA's "Trade of the Century" is a great example of where he creates hype and still remains completely vague about what exactly it is he's forecasting for trading.  I can't figure out what he's doing here, is he waiting to tell everyone after it happens so he can say he nailed it again?

Alex-11, if you have a Socrates live trade to show how well this system works post it up, we're all happy to follow along.


But I think in the end you are doing Armstrong a great service regardless because he has more than enough followers and subscribers to his service and probably would not be able to handle the influx of new people so on behalf of Armstrong and his team we thank you.

Gumbi, are you telling us you work for MA?