Post
Topic
Board Economics
Re: Martin Armstrong Discussion
by
SOC1
on 31/12/2019, 09:38:15 UTC
This is my first post here, I am still trying to make Socrates work after 4 years & thus I am not being negative but these are valid points I wish MA would address


I have attended a number of WEC's since 2015 & am happy to give my impartial view on MA's calls so far:

Gold will go below $1,000 - so far wrong
EURO report delivered during a conference in Germany - so far incorrect
GBP - so far incorrect
Bonds - so far incorrect
HK$ peg to go in 2018 - incorrect
US$ to surge in 2019 - incorrect

DOW best market to buy in 2015 - correct
ECM turning point in 2015.75 was the peak in govt - correct IMO

Other points worth noting:

I notice that his calls tend to move further down the track each WEC
The Socrates training seminar is always looking at trades in hindsight
Nobody I speak to is able to grasp a sold trading protocol based off Socrates - this could be due to the way its taught or simply that it does not work in real time.
I was personally told at the WEC in 2015 that the "daily level CANNOT be used for trading when applying Socrates as it is just noise" - in the 2019 WEC we were told that it works over 80% of the time & the $ hit rate is much higher.
IMO most of the blogs are written by MA - the spelling is always poor & it is highly unlikely that the majority of attendees cannot spell. 
Most of the questions on the blog start by saying how brilliant MA is for calling a low/high in a given market - the truth however is that he has not called any market low or high in real time
If Socrates is so perfect, why aren't we seeing hedge funds offer managed accounts to people?

I sum up by saying that Socrates is excellent at looking at data in hindsight & cycles of political change may be looked upon giving the reader further insight into the phenomena of the rise & fall of nations but that is it IMHO.