Topic: Martin Armstrong Discussion - page 92. (Read 647176 times)

Talks to self. Gee, I have been waiting for this to happen for weeks. You are so clueless. Now everybody can see that Gumbi, Alex-11, over45, and Strike Eagle 26 use this forum for Socrates marketing. Go ahead. Talk to "each other" and ask each other some fake questions as in the armstrongeconomics.com blog


And, because Socrates does not work ...

Martin Armstrong misrepresents hypothetical performance results:
https://bitcointalksearch.org/topic/m.51666429

We did some work to find out and nobody could challenge the results. Now the game is over.

Gumbi, Strike Eagle 26, over45 and Alex-11, you Martin Armstrong affiliates. Nobody is asking you for advice here. Nobody is interested. People don't ask questions here about Socrates, a discredited "system", any more. Did you not notice? How long do you want to play this game? Go away and post at armstrongeconomics.com. People who want your stuff can go there. This is clearly not your forum.

This Armstrong discussion has developed, reached a certain stage. This can't be reversed. Discussions reach conclusions. After more than 300 pages. Now you want to ignore all that and start from scratch? Not here. Do that at armstrongeconomics.com.

And here we are learning about opinions:


So far the most opinions come from Gumbi, Strike Eagle 26, over45 and Alex-11. Never any facts because nobody could show anything that works. Never. I am not interested in opinions, only facts. First it is hard to find the facts, but it is extremely easy to repeat them because they cannot be disputed. And that is what you are getting from my replies. You write to me what I am not interested in: Opinion. I respond with what you are not interested in: Facts.


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

That's wrong 
And please stop spamming this forum with your mantra's!
This is not your forum!   


@Gumbi
you are absolutely right. He lost patience and now wants revenge. He can't accept opinions that differ from his own.

lol you are such a child, must be dead broke, probably lost everything playing off something Armstrong said. Its sad what you have done to this forum, its has become a complete joke thanks to you. You have not even bothered to read my post I was talking about the ECM.

 But I think in the end you are doing Armstrong a great service regardless because he has more than enough followers and subscribers to his service and probably would not be able to handle the influx of new people so on behalf of Armstrong and his team we thank you.

 

Nobody cares about what you say.

Socrates has been thoroughly discredited here. To be a scam. To be a fraud. Not a single poster could prove that it works.

And, because it does not work ...

Martin Armstrong misrepresents hypothetical performance results:
https://bitcointalksearch.org/topic/m.51666429

We did some work to find out and nobody could challenge the results. Now the game is over.

Gumbi, Strike Eagle 26, over45 and Alex-11, you Martin Armstrong affiliates. Nobody is asking you for advice here. Nobody is interested. Go away and post at armstrongeconomics.com. People who want your stuff can go there. This is clearly not your forum.

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

Armstrong is worth an absolute fortune he doesn't need the money, you clearly know nothing about him. I can understand your criticism of ask-socrates it does need a lot of work still and can be confusing. The most likely reason you and others are not having success is because you were day trading and not playing more strategically like in line with the ECM. we already have all his major predictions based off the ECM(business cycle) so by 2024 you are going to realize your mistake and you would be a fool to bet against the ECM.

the next wave is 2020.05 to 2028.65, the peak of that wave will be 2024.35(major turning point) the top and bottom of each wave is where the markets tend to make highs or lows so we have a commodity boom from 2020(low) with a high in 2024,  agricultural boom from 2020 with a high in 2024. Armstrong is also calling for a equities to breakout from 2020 with a temporary high in 2024

@MA_talk

The ECM is probably the best way to trade, in line with the business cycle. There is also no need to argue about it not being accurate to the day because this is not going to help you with your trade. Each market has its own unique cycle so it often will not line up perfectly with the ECM so for example the Dow Jones may make a cycle low in December which looks likely based off the monthly array since we also have a directional change in January.

https://www.armstrongeconomics.com/uncategorized/what-kind-of-trader-is-trading/

Thank you!

He wants this to be his retirement scheme. Since we have proof that it does not work, it is our duty to prevent this scam from continuing.

Socrates does not work.
Martin Armstrong is still misrepresenting hypothetical performance results:
https://bitcointalksearch.org/topic/m.51666429


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

Well, thanks again for posting. And thanks for your statistics lesson. I don't mind being one of the top 10. I encourage you to post as many articles as the people who have made actual contributions. Feel free to do so. The more the better. And I feel flattered that you give me the magic power to force opinion on other people who never even complain about this. I did not know that I have hypnosis power of mind.

And yes, if you read my previous post, you find that Alex-11 may get 100 readers per day not does this forum only get 100 page hits. Page hits may be thousands per day.


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

you can't know this, unless you are an admin but you aren't
You probably mean page hits, but that is that is not the same as  unique users reading. I'm sure you know that.

Speaking of statistics.  Since you started your crusade against Armstrong on this ominous page 273, here are some stats.

40 people have posted 620 comments in this thread.  You alone have posted 160 comments, more than 25 people combined
The top 10 people have posted more that 80% of all comments.

So it's basically a 1 man show trying to force his opinion on  1 or 2 dozen other, active forum members. But you are not the only one who is trying this. I know of at least 2 other people here in this thread.

I look at the index at

https://bitcointalk.org/index.php?board=7.0

and find the statistics of "Martin Armstrong Discussion". We get between 150 and 200 views per day. While a viewer maintains a session, say for a whole day, and posts multiple articles, the number of views does not get incremented. So they are NOT page hits. I can read all 300+ blog entries, and this counts as zero or one view depending on whether I read this blog before in the same session. So it is fairly accurate. Perhaps there is some double counting because the same person re-boots the computer or closes the browser, but we are not too far off with the number 100.


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

How can you possibly know this?

What a joke. The perma-IPO since 2015 for a decades old software owned and created by a 69 year old man who believes in perpetual motion driven scooters https://bitcointalksearch.org/topic/m.51764004 , - for the reason to not let the "banksters" have the software. Do you actually believe that stuff? Is the Armstrong blog your bible? Please write more nonsense. Every time you write (and I don't even need to respond), you put one more nail in the Socrates coffin. Over 100 people read this blog every day.

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

Just because you and a few other people failed to understand it and trade profitable, doesn't mean it's not working.  
Maybe there is no need to adapt the system because human behavior doesn't change over the decades or centuries.

yes, someone will get the code when Armstrong is gone, but he wants to avoid that the banksters get it. He has presented a roadmap for this in his blog, somewhere....  I read about it 3-4 years ago. I guess it could be something like a cooperative that is managed by the Socrates user itself. I think this was his vision.

Either way, That all still doesn't matter today :-)
The point is, is Socrates working or not? If yes, then all of those things will only matter mid or long term.
If you don't believe that Socrates is working, then there is no point in thinking or talking about those  questions brought up by you, anyways. It is just a distraction from what really counts. People who follow Armstrong for a long time have asked those questions before (yes questions about the future of Socrates are valid questions) and the plan is already in place and will be executed once the time has come.

from a quick search:  https://www.armstrongeconomics.com/products_services/socrates/socrates-7-the-ipoa-lot-of-emails-are-coming-in/

There are multiple problems with this because everything matters:

1) A system that was developed decades ago is out of date already, as has been discovered by a large number of people in this blog excluding the known group of posters affiliated with Martin Armstrong (Alex-11, over45, Gumbi, Strike Eagle 26). It cannot be used to trade. We know this. It is a hindsight system.

2) A system that does not have the ability to adapt will not survive future market conditions.

3) A system with a single exclusive author (Martin Armstrong) who does not share the source code even with any person within his own company

https://www.armstrongeconomics.com/uncategorized/att-the-biggest-traitor-to-the-american-people/

The coding of the actual AI trading and structure of analysis is done ONLY by myself. There is no employee to be bribed or compromised to get the code. That has been my personal confinement my whole life; that is what they focused on in the movie.

is too shallow and primitive due to the limitations of the single work force. His energy has mainly been spent with marketing, publishing, writing reports and books, running conferences and being in prison for 11 years without access to a computer. Not much time for software development - and it shows https://bitcointalksearch.org/topic/m.51916837 . Socrates will not survive because of the lack of substance and momentum.

4) A "system" which has been proven to contain code that produces reports with fraudulent statistics
https://bitcointalksearch.org/topic/m.51666429
 will not have a sufficiently large enough user base with interest in it that would warrant continued interest of potential future business partners or even software developers (who wants to even get close to this?).

5) No business model can be constructed around a software with no people behind it and an undefined development life cycle i.e. no continuity. That means that at a certain point in time, someone has to turn the lights off.

Consequently, anyone who is investing time building "skills" to interpret this "system" in an attempt to trade the markets with it will discover that these "skills" will soon be obsolete in an instant.

There is no future in this. In contrast, there is future in companies with investment in the skills of the people who build the products of that company so that the company and the people are the same, an organic organization. Not a company that has a product with an expiry date.

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

huge drawdown, but also huge profits. Moderate drawdown  with moderate profit.

The charts you are talking about. You can't say how much profit or loss you have just by looking at the chart. You have to actually calculate every position to know P/L and then you will also know the max. drawdown. That is a lot of work and nobody seems to be willing to do that. And so it's just guessing.

BTW: On his charts there is always a note about the profit made.  And again, also this number need to be put in context with the capital used and the position size.



this doesn't matter. The goal of Socrates is to be able to trade without Armstrong. He said multiple times that this is the purpose of the system. Investors and traders shall be able to use the system even when Armstrong is not there anymore. The reversal system and the Global Market Watch was developed decades ago.

First I do not think that MA will ever make public any meaningful backtesting results of SOCRATES. By meaningful I mean all timeframes of a diversified portfolio applied.
Not just a handpicked timeframe and market  - since I can find for any (even the worst) system  a timeframe and market where it has worked in the past.

After following the  "nice looking" system charts with the arrows  signals on them that he publishes from time to time I would assume that daily and weekly signals are outright loosers (buy the high - sell the low type signals). Monthly might by profitable but with huge drawdowns   and huge give back of open profit at market turns. Something that no trader can tolerate mentally.  Quaterly and yearly is complete garbage.

So I do not expect him to ever release any results. On your own you cannot do it since we have no data for the past.
I do not think there is a way to use Socrates sytematically to make a profit.

Just use regular charting software, look for  important support and resistance points from the past, watch if the market makes higher lows and higher highs then the trend is up, if it makes lower lows and lower highs, the trend is down and develop some rules how you wan't to enter in the direction  of the trend, decide where you are wrong and place the stop there and decide how you will exit the trade if profitable. And do not overtrade. Risk 0.5 to 1 % of equity per trade.
Nobody needs SOCRATES to do that.

Also please consider that Armstrong is approaching 70 years.  Nobody is mentally in his prime performance years  in his 70ties. We all deteriorate then.

I think that alredy shows lately in his blog posts - some of them come over as if a complete moron or crazy person wrote them.  I he was a proven loosing trader in his 40 and 50ties do you thing he is a great one now??!!!!  Don't think so.

Not sure if this has been posted since this thread is too long to read.  I saw someone mention you can't test MA's predictions prior to 10 years ago. I beg to differ.

https://web.archive.org/web/19980523081528/http://www.princetoneconomics.com/HMEFRAME.HTM

You can read what he wrote as far back as 1997. Hint; a lot of it is the same.

Quick highlights from my very cursory look at the material:

- I thought we're in a public wave right now, back 20 years ago he called it a private wave

- He may have called a market peak in Q1 2000 but I only scanned what I read. I have to go back and dig deeper.

- I don't think Socrates has actually changed much. Check out his DOS arrays and the Global Market Watch from the 90s.

Enjoy.

Yea, I find it strange MA only talks about the Dow especially when Nasdaq and S&P are now rising, S&P breaking 3K and Nasdaq making new highs. Did Socrates state the the Dow broke 27K but was a little over bought and is now consolidating and forming a FLAG on the weekly chart? IMO this is a clear sign of the Dow preparing to move to a higher level. If people wait for conformation (reversals) the move is over or almost over.

VIX is getting pinched right now so be careful being too long at this point since it looks like we could have another pullback in a month or two before another possible leg higher.

Haven't heard much from MA on the DOW lately (at least on the public blog) although he did compare himself to Einstein and Galileo back on July 19th. 

I agree. I have been thinking about this for a while, and we are working on it. But it is very hard. Armstrong produces so much confusing material that one needs to unravel and explain as you can see. So much work! Imagine how much horse power we had to apply to get these trolls to stay away. Only the raw facts and rinse and repeat will do it.

Martin Armstrong's Wikipedia article is of course a good place to record facts. It included some more of the failed predictions which were later rejected by an editor because no source acceptable by Wikipedia standards can be found for them. The problem is that no mainstream media outlet wants to write about Martin Armstrong because it would have a negative impact on their credibility.

It might be useful to find someone who can publish on a neutral site for example these recent failures as in https://armstrongecmscam.blogspot.com/2019/07/major-failed-predictions.html

That would be a start.

Obviously armstrongecmscam.blogspot.com is not neutral because its single objective is to be critical in the single subject.

At this stage, the only idea I have is to publish the facts, explaining the fraud etc. on as many sites as possible.

It might just be enough to provide material that frustrated Socrates users looking for a 2nd opinion can find on the internet.

It all takes time.

Any other ideas?

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