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In fact socrates is very black and white regarding the reversal system there can be no ambiguity. so basically it comes down to emotional IQ that is the key when using this system.
The Socrates system is full of ambiguities. Socrates provides no conclusion from the multitude of conflicting trading signals it provides:
See
Socrates Technical Analysis Prediction MagicTalking about ambiguity, you can read there about a case where
this moron Gumbi who is paid by Armstrong or is Armstrong himself advises to ignore the election of a reversal, elected within 1% rule, and then trade another reversal that was NOT elected. This is sheer madness.Calling this an computer system is already a joke, because a computer system would know the rules and calculate the result from the multitude of conflicting signals.
This contraption looks more like a bunch of pocket calculators.
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
This system is very simple but you have no idea how it works, regarding trading a reversal that was not elected, all four reversals need to be elected to change the trend, this is where we elected the 3rd bearish reversal but held the fourth.