Quote from: MA_talk on July 30, 2019, 08:21:39 PM

Quote from: Alex-11 on July 30, 2019, 07:32:47 PM

Quote from: blinder007 on July 30, 2019, 08:04:30 AM

- What are the signals exactly? Are they based on the reversals he publishes on Socrates now ? Since I remeber MA saying the signals are only available to corporate clients.

Those are reversals (major, I'd say). You can use major reversals only or minor and major reversals for more frequent trading. There are even 2 more reversal levels. Those can all be included or left out and just focus on majors only
https://www.armstrongeconomics.com/products_services/socrates/reversals-are-scalable/

Quote from: blinder007 on July 30, 2019, 08:04:30 AM

- Assuming the "system" is long: When is the long position closed and a short position entered? At the first reversal, or second, or third or forth?

the first

Quote from: blinder007 on July 30, 2019, 08:04:30 AM

- At what price is the new position entered? Since the market must close the month below the monthly reversal (in case of a potential new bear market) is the trade executed at the close of the month (in the last hour or so) or on the opening prices of the new month. Makes sometimes a big difference.

at the opening of the first business day the of the month

Quote from: blinder007 on July 30, 2019, 08:04:30 AM

Also I would not call adding to a position (leveraging). I would call it pyramiding.

correct, but you can still leverage the pyramid.

Quote from: blinder007 on July 30, 2019, 08:04:30 AM

Also why does the run end 2016 at Dow 17000. It would be interesting to see the results of the move to 27'000 (easy) then down to 24'000 then up to 27'000 ten down to 22'000 then up again to 27'000 now (all not so easy !).

The chart was posted in Feb. 2016, but in general , consolidation periods are not a strength of the reversals when using them as buy/sell signals without arrays.

@Alex-11, @Gumbi, Just post your trades in real time. Any HINDSIGHT historical data/phantom trades are NOT useful. They are easily tempered and cannot be verified.

If Socrates is that great, it will be extremely EASY for you to post a winning trade. EXTREMELY EASY.

The July PANIC month is a JOKE AGAIN (like the February Panic Month)! How many times do I need to say that? Armstrong's Arrays do NOT work at ALL.

Also, regarding to a comment that Armstrong's system may work well for a trending market, but doesn't work well for a side-way market, here is my opinion on that.

Whatever trading system, it MUST work on ALL kinds of markets. At such time when people realize that the market is TRENDING, that is already HINDSIGHT from the technical analysis. Whether it's trending in months or in years, by the time you realize that it is TRENDING, it is kind of LATE, and not much profits left to be made.

You cannot apply the trading system, and just hope that you're applying it in the correct environment. If I know whether the market will be going sideway, or trending down, or trending up, for the NEXT 6 months, I can ALREADY use that information for successful trades, withOUT using ANY trading system, whether it's from Armstrong or not.

So again, I want to repeat, ONLY live trades qualify to prove any trading systems (including Armstrong). Nothing else with some hindsight knowledge sneaked in here or there through backdoor is just trying to fake the result.

If you guys want to keep your "knowledge" that "Socrates works great" to yourself without showing it, that is FINE, and you should NOT participate in this forum. We are all here waiting to SEE how Socrates can work successfully. You don't want to show it, that is FINE. Just stay AWAY. Otherwise, anything else that quotes "historical trades" with hindsight is just propaganda.

Just to repeat again:
The July PANIC month is a JOKE AGAIN (like the February Panic Month)! How many times do I need to say that? Armstrong's Arrays do NOT work at ALL.

Exactly. I rally cannot see the purpose of digging into this hindsight chart. What is the purpose of that stuff?

Alex11 you are extremely naive. Do you think we are idiots? Who would want to waste time with that?

Plus markets are trading sideways more often than not.

Martin Armstrong is a charlatan, and he spent 11 years in jail for a reason.

Read this blog starting at page 273 to find out more about computerized fraud.

See armstrongecmscam.blogspot.com for a more compact view of major findings posted in this blog.