Post
Topic
Board Economics
Socrates Frontrunning Opportunity
by
AnonymousCoder
on 06/05/2022, 18:38:19 UTC

Martin Armstrong
Socrates
Front running
Opportunity

This is somewhat speculative but not far-fetched at all. Every user of the Socrates system  who wants to trade based on it, must download the corresponding market data from Armstrong's server. Even more so, that user must subscribe to that market for advanced trading information. Therefore, statistics of this information is available to Martin Armstrong for use and re-sale.

How can this information be exploited?

Since the Socrates Reversal system, which is the primary tool that users use (see this post for an anecdotal recent proof of that assumption), it is instructive to explore the EFFECT of this tool on the market when used.

The Reversal System is primarily a breakout trading strategy, meaning it instructs the user to buy / sell at very specific published price points when crossed. And Martin Armstrong claims high accuracy of these price points.

To see the effect of trading this breakout strategy, see my proof at:

Socrates Long Term Past Performance Review.

How does this work?

If only a moderate number of traders start to act on these price points when crossed, the strategy becomes self-fulfilling because the price will jump (break out) at these price points, caused by these very users.

This has been confirmed in the past by amazed subscribers who observed the price jumping at these points, asking themselves why these price points could be so accurate?

Why can't you profit from this by subscribing to Socrates and trading the opposite?

Because you don't have the subscriber statistics.

Now it is not difficult to see how to profit from the subscriber statistics. Those statistics that are perhaps Martin Armstrong's best kept secret.

Another reason to stay away from this guy.

Martin Armstrong is a charlatan, and he spent 11 years in jail for that reason but he has not changed.

Read this blog starting here to find out more about computerized fraud.

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

Every single defrauded person should report their case, see Where and how to complain