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Elite only for ALL downloads?
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Created: by Big Mike Attachments:0

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Elite only for ALL downloads?

  #101 (permalink)
Trading Apprentice
st augustine, florida,united states
Futures Experience: Beginner
Platform: ninja.. tos
Favorite Futures: oil
Posts: 2 since Oct 2010
Thanks: 0 given, 0 received






  #102 (permalink)
Elite Member
Futures Experience: Intermediate
Platform: Multicharts
Favorite Futures: Currency, Future, stocks
Posts: 4 since Jun 2011
Thanks: 8 given, 1 received

Hi Big Mike, I'm a newbie and unfortunately don't have much to post om your great site. First I want to thank you for the hard job you did here. Then I want to tell you that I don't think that the solutions you suggest will work for a long time, I suppose they will work only in the near future. Anyway, if you decide to let only elite member download files, I'll be with you. You deserve respect from all of us, so if you feel that this is the best solution for you, do it. I'm not a hard poster because I still have lots of things to know, but I decided that BM sure will be my "on line" trading school.
Thanks Mike (and sorry for my bad English...)

  #103 (permalink)
Elite Member
Bellingham, WA
Futures Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: CL, 6E, ES
skip's Avatar
Posts: 10 since Jul 2010
Thanks: 0 given, 6 received

I think yes.

I am not an active poster since I am still learning and I'm not sure that what I have to share is all that useful. Having said that, this forum is a very special place, and Big Mike, your attention to it and care for it, make it a much better and more useful site to learn from and interact with. If it takes a small personal contribution to keep the trolls at bay, I say do it. The price for Elite membership is a bargain for sure, one of the best values I have found in the world of trading, (which by and large is a bin of little or no value, for the money spent). I say, make all downloads Elite only, but make sure people can sign for free and search, since that is how they will learn how valuable the forum really is.

  #104 (permalink)
Elite Member
Memphis, TN
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: MirusFutures/Zen-Fire
Favorite Futures: NQ, TF, CL, GC, 6B, 6E
Posts: 4 since Mar 2010
Thanks: 5 given, 1 received

I think limiting downloads to elite members is a reasonable solution.

  #105 (permalink)
Elite Member
La Jolla, CA
Futures Experience: Master
Platform: Sierra Chart, X_Trader Pro, OptionsCity
Broker/Data: Advantage, Trading Technologies, OptionsCity, IQ Feed
Favorite Futures: CL, NG
Private Banker's Avatar
Posts: 1,040 since Jul 2010
Thanks: 1,713 given, 3,775 received


I'm actually surprised that non-elite members are able to access the general downloads area. I think an obvious business decision is to change that ASAP to elite members only. Vendors are selling the same indicators for hundreds/thousands of dollars. Paying the elite membership for unlimited indicators is a win-win for everyone.

  #106 (permalink)
Elite Member
Fairbanks, Alaska
Futures Experience: Advanced
Platform: NinjaTrader, Genesis Trade Navigator
Posts: 1 since Sep 2009
Thanks: 1 given, 0 received

I've been an Elite Member for quite a while and a regular member for a lot longer, and have enjoyed downloads as both. Being an Elite Member has its privileges and is well worth the small membership fee.

bigmiketrading is by far the most comprehensive board for serious traders, so to keep that status it would be a good idea to limit the downloads to Elite Members only.

Joe M

  #107 (permalink)
Elite Member
Fort Lauderdale Florida
Futures Experience: Intermediate
Platform: Ninja Trader
Favorite Futures: CL, 6E
drytlewski322's Avatar
Posts: 39 since Mar 2011
Thanks: 7 given, 55 received

Elite Membership

I think the Elite membership is a good idea, though as it has been said already it will not stop anybody from Paying the small fee to download the indicators, the fee is chump change to them if they can profit from them.

50 Post is harsh, and even if it is put into action, for someone to do 50 posts can be done in a short period of time if needed to many different threads, so you would have a no win situation, though I do think that everybody who wants to download indicators of any kind should be a Elite status.

Though you could have the author of the threads release the indicators to a elite member by request, after he has been following the thread for a period of time, also a program that would show how many downloads a member has done and on which date, this could control the ones who are coming to mass download.

  #108 (permalink)
Elite Member
Green Bay WI
Futures Experience: Intermediate
Platform: NT
Broker/Data: AMP/CQG
Favorite Futures: 6E
rpm123's Avatar
Posts: 321 since Apr 2010
Thanks: 337 given, 465 received

Too many people not at a picnic today! Me included.

Whatever magic you have done Mike to make this such a quality site that it is, I support you in whatever you decide.

  #109 (permalink)
Elite Member
Orlando, Florida United States
Futures Experience: Intermediate
Platform: MultiCharts
Favorite Futures: ES
Posts: 7 since Nov 2010
Thanks: 5 given, 2 received

Good Idea

It is the right thing to do. It should help protect all the Traders that are kind enough, and have the skills, to post on Big Mike's Forum.

Big Mike View Post

I am contemplating a major / drastic change to the behavior of all downloads on the site. The change would be to make all downloads Elite Only. I mean all downloads, in posts, threads, downloads section, everywhere globally. The only exclusion would be images (screen shots), but all other file types would be available only to Elite Members.

I have mixed feelings on this, so wanted to get some feedback from the users to consider as well before making any decisions. The main reason for the desire to change is to protect the work and to protect the value of the community.

Right now, too many "bots" are downloading our indicators and posting them on other sites as their own. Right now, too many real people register "fake" accounts because they can't even be bothered to spend 30 seconds to type in correct info when they register, all because all they want is to download something and likely never participate further in the site.

I previously tried enforcing a 10 post minimum for downloads, but all that did was have people create 10 junk posts. So that isn't going to work.

It seems the best way to protect the collection of downloads the users have worked very hard on, is to restrict access to only those who are serious about trading.

It certainly doesn't have to be Elite only, but the only other realistic option to implement is the minimum post requirement. If I change it to say 50 (instead of what we tried before, 10) then maybe it would prevent people from creating 50 spam posts just to download something, but still allow people who are serious about trading - but for whatever reason aren't Elite members - to still download. But the problem is, 50 posts is far, far more than what most people have (unfortunately), so such a requirement is likely to just piss off a lot of people.

The desire to change is not about increasing Elite sign ups. In fact, lately I have been wondering if futures.io (formerly BMT) is getting "too big" as we've started to attract some of the trolls from other sites and sometimes some of the posts are getting unfriendly lately. I am fighting this very hard as I am sure you are as well. We all want futures.io (formerly BMT) to remain a unique place, a place where everyone is truly here to help, and not start arguments, call each other names, or other troll like behavior. So this might mean making futures.io (formerly BMT) a more exclusive place where only serious traders are welcome.

Now obviously, just because someone pays for Elite membership does not automatically mean they are a serious trader. But they are probably far less likely to be a trouble maker while paying for the privilege to be here.

So a move of making all downloads Elite only might stunt our growth in terms of new user sign ups to the site, but that is fine with me if it means that what growth we have is of a higher quality and caliber user. I don't want to make the requirement solely based on post count, because there are far, far too many people who do not post much but are still working very hard to improve their trading. These people have signed up for Elite status to help support the site, and I think that entitles them to receive the downloads without a minimum post requirement.

Anyway, so there it is. Some of my many thoughts on the matter. Please share yours. I'm hoping to get a good mix of replies from both Elite Members and non-Elite Members.


  #110 (permalink)
Membership Temporarily Revoked
Espoo, Finland
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Mirus Future/Zen-Fire
Favorite Futures: Futures: FDAX, ES, NQ, FESX, CL. Currency futures: 6E
raffu's Avatar
Posts: 11 since Dec 2010
Thanks: 5 given, 1 received

Hi Mike,

Actually it might have just opposite effect. Those who are going to steal a code or something would be glad that free access to those would be stopped and they are still able to get it "free" via Elite Membership and have better changes to resale it.

And of course the whole big growing traders community is not so impressed at your site without tasting something useful, That's why I think that some training should be free as well to non members as well, at least occasionally. But if You think that You should not grow futures.io (formerly BMT) any more it would do it's work.

- raffu

But real name verification would be ok and might stop some bad behaviour if it exist.

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