Post
Topic
Board Economics
Re: Martin Armstrong Discussion
by
MA_talk
on 31/07/2019, 16:24:15 UTC
Quote


Alex, hang on a minute.  There's been quite a few very smart people working on verifying Socrates.  I'm happy to post up overlays I did of the Socrates arrays vs actual market performance (over days, weeks, months) but I can tell you I didn't see much worth trading at all and the reversals were ever less helpful when plotted against the market.  I'd say that qualifies as impartial research.  So the issue here is that you're saying the system works and you just want to discuss the details but a large majority of other folks are saying we're not even seeing it work or produce any profits at all (hence my request for real time trades).  Then when those who claim it works are questioned, all we hear is you don't see the big picture or you don't understand how Socrates works.  Wouldn't you want to prove folks wrong if they claimed something was BS and you knew better?  This is not about whether you like MA or if you think he's totally lost it (I'd listen to someone who was crazy but correct any day) this is about if the system really works or if it's just someone making false claims.
Please post your overlays

For people who keep saying that arrays do work, how about you address that Feb, May, July of 2019 are supposedly panic cycle months FIRST?

The supporters of Armstrong always dodge the failures of the Socrates without addressing ANYTHING, and then simply pretend that the failures don't exist, and then continue to pretend to discuss the system & methodology AS IF everything is so terrific.  And then always push the burden of proof upon the people who are skeptical.

EXTRAORDINARY claims require extraordinary evidences.  To claim a trading system works like magic, when most of the active mutual fund managers canNOT beat the market, is an extraordinary claim.  The burden of proof lies on the people who make SUCH EXTRAORDINARY claims, NOT vice versa.

And we are asking something very straightforward, to prove the merit of system by live trades, with PRE-DEFINED entry/exit rules.  And the fact is after 308+ pages of forum posts, NOBODY can come even close to show some profit.

In fact, I will even say that one should test the system by allowing only prices executed AT THE CLOSING, and the trades of either buy or sell can be declared 15 minutes earlier before the market close.  If a system will work, it will work under this constraint, because except daily traders, all other Technical Analytic systems go by the daily closing prices.  This constraint doesn't pose much on the TA, but while at the same time, prevents LIARS from making up phantom intra-day profits in volatile markets.

This challenge to supporters have been outstanding for at least 3 months.  And obviously, if it could have been done, it would have been done.  All I hear is just lame excuses.  Well, if you don't want to show it, how about you go away?

HOW ABOUT ALL OF US clicked on the "report to moderator" on the people who are not interested in participating, but instead continue to put out propaganda without any substantiations?