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Elite only for ALL downloads?
Started:September 2nd, 2011 (07:08 AM) by Big Mike Views / Replies:48,431 / 524
Last Reply:September 10th, 2011 (02:54 PM) Attachments:0

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Elite only for ALL downloads?

Old September 5th, 2011, 03:52 PM   #131 (permalink)
Elite Member
Chicago, IL
Futures Experience: Beginner
Platform: NinjaTrader
Favorite Futures: ES,NQ,YM
Posts: 2 since Aug 2011
Thanks: 0 given, 0 received

$50 for downloads is a great deal

I'm new to futures.io (formerly BMT) and still trying to learn as much as I can about trading. I have not posted very much because I don't feel like I have anything of value to contribute right now. I don't think that requiring people to post would enhance the site, it would just add noise. This seems like a great site to learn from and I was happy to contribute $50 to become an elite member. That is an absolute bargain for the quality of content that some of the more experienced members are willing to share here. Most of the "investment education" companies I have come across charge thousands of dollars for mostly basic stuff that anyone could find in a book.

I think that anyone who looks around at this site and some of the others would come to the same conclusion, so charging to download content is fine with me.


Old September 5th, 2011, 03:53 PM   #132 (permalink)
Elite Member
Ft Worth
Futures Experience: Advanced
Platform: Ninja, TS
Broker/Data: IB, TS, TOS
Favorite Futures: ES, CL
razor99's Avatar
Posts: 10 since Sep 2009
Thanks: 16 given, 9 received

Elite Download Access

Congrats to you for the poll seeking input before making the "Executive" decision. I don't think that the small fee to get full use of the site is unreasonable.



Old September 5th, 2011, 03:56 PM   #133 (permalink)
Elite Member
UK London
Futures Experience: None
Platform: NT and XTrader
Favorite Futures: Piano
Posts: 1,209 since Sep 2009
Thanks: 1,296 given, 1,452 received

My thoughts.

Thx for asking or putting this to your members Mike.

1). No to x number of posts.
2) No to x number of anything.
3) Make all Downloads Elite.
4) There's so much more then indicators for free on futures.io (formerly BMT) available to non-Elite members.
5) There's a sense of integrity somewhere in there. You know when it's worth it.
7) Lastly...I paid the Elite fee twice (messed up the first one as a 3 month thing).
So there's always that option for the "testers"...

8) Perhaps limit the number of downloads for that reduced 3 month subscription ?
9) I wouldn't particularly like any increase for present Elite members
10) No to any other monthly/annual fee. That wouldn't be what I thought the ethos of the site was.
11) Some things are organic and I believe that members would themselves, make this site what they want it to be !
(perhaps with "ignore" and "report" facilities to help" ?)

Kind regards to all at futures.io (formerly BMT)..

Every moment I wake up I realize I know nothing, and then I smile...

Last edited by zt379; September 5th, 2011 at 07:14 PM.

Old September 5th, 2011, 03:57 PM   #134 (permalink)
Elite Member
Orlando, FL
Futures Experience: Beginner
Platform: NinjaTrader
Favorite Futures: ES
Swishy27's Avatar
Posts: 59 since Dec 2009
Thanks: 83 given, 67 received

Big Mike

I'll be honest and tell you I do not make a lot of posts and still I have downloaded alot of Ninjatrader indicators in my time here to test different ideas and strategies in my search for the holy grail. I haven't posted mostly because I don't feel I have reached a level where I have anything of value to contribute. I do appreciate your site and the knowledge base it has provided to me and I am sure many others. I have always been very impressed that there are members here who make their hard work available free of charge to anyone who wants to download their custom indicators.

But sometimes free ain't free and the party has to come to an end. If you want to change the downloads section to elite only so be it. But I am afraid this will lead down the road to monthly fees and other paid requirements. What happens if this remedy doesn't fix the problem of the bots or trolls and the members who just aren't nice enough to the other members to just say "Thank You"?

I enjoy that this site allows me to see different points of views about trading. As long as that doesn't change or cost me more than I am willing to spend I am cool with whatever you want to do. At the least I appreciate you asking before you went ahead and made a change.

Thank You


Old September 5th, 2011, 03:57 PM   #135 (permalink)
Elite Member
Philly, Pa
Futures Experience: Master
Platform: NinjaTrader
Favorite Futures: ES, ZB
tigertrader's Avatar
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Futures Edge on FIO
Not that I'm an elitist, mind you; but elite only is the way to go!


Old September 5th, 2011, 03:58 PM   #136 (permalink)
Elite Member
Futures Experience: Intermediate
Platform: Variety
Favorite Futures: ES, Stocks
andersonnd's Avatar
Posts: 7 since May 2011
Thanks: 0 given, 1 received

I agree the post minimum creates a lot of noise on the site as people rush to fill quota with what is often meaningless content. As for protecting people's hard work (i.e. downloads) it needs to be a priority. Successful communities stand up for their members. Part of doing that on this site is preventing predatory downloaders.

However, directly linking that to the "profitability" of the site complicates the issue. If there is a way to prevent the meaningless noise (post minimum) and protect the downloads as a matter of community principle without the need to involve cash, I believe we'll find the most efficient solution and in the end the members and the site will both benefit. So, I'd encourage people to come up with strong alternatives that don't involve what essentially becomes paying for downloads.

I elected to become an elite member because the of the quality of the content in the posts, not actually for the downloads (though they are terrific as well).

Pull the string.

Old September 5th, 2011, 03:58 PM   #137 (permalink)
Elite Member
Cincinnati Ohio
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Futures Broker
Favorite Futures: AUD
Silver Dragon's Avatar
Posts: 1,595 since Feb 2011
Thanks: 3,810 given, 3,305 received


I have mixed feelings about making it all elite. In order to attract new members you need to throw a enticement their way. Perhaps rotating a small selection of the current free downloads in and out of elite status on a quarterly basis would be a way to entice new members and keep the bots at bay. Let the owner of the code decide if they want to be part of the rotation.

To be honest, the free download section is why I joined in the first place. It was soon after I realized the futures.io (formerly BMT) members had a wealth of knowledge and experience which I have never seen on any other site. I remember thinking if they have this kind of information in the free section then the elite must be even better! At that point I knew I had to become a elite.

I dont know what the right answer is however, cutting the world totally off will eventually make futures.io (formerly BMT) stale. On the other hand if you dont limit the size somehow it will grow beyond manageability and make futures.io (formerly BMT) just another trading site.

For the record, I am not opposed to paying annual fee. I have learned more here about real world trading than all the books I have read combined. 50 bucks a year would be money well spent.


nosce te ipsum

Trade what the market is doing; NOT what you think its going to do.


Old September 5th, 2011, 03:59 PM   #138 (permalink)
Trading Apprentice
Trenton, NJ
Futures Experience: Advanced
Platform: NinjaTrader
Favorite Futures: Stocks, Currency Futures
Posts: 2 since May 2011
Thanks: 0 given, 1 received

Here's my view

Let me start by stating the obvious - you have every right to do what you want.

I am a web developer and consultant to several other web communities so here is what I would counsel -

If your goal is to earn income then of course you should charge - as much as you can!

If you are really only trying to thwart bots then you just have a technical issue.

If you are trying to prevent copyright infringement then it is time to discuss the issue with a lawyer. I see nothing wrong with soliciting dollars from community members to go toward legal fees.

If your goal is to expand this community - limiting access will have the opposite effect.

I would however pursue everyone that did not provide acceptable attribution.

The community and it's content has value. I assume that your goal is to maximize that value. Just make sure that you reallistically decide what it is that you want to accomplish before deciding how best to proceed.

The following 2 users say Thank You to dkrumholz for this post:

Old September 5th, 2011, 03:59 PM   #139 (permalink)
Elite Member
Futures Experience: Intermediate
Platform: Tradestation
Favorite Futures: YM
Posts: 18 since Jul 2010
Thanks: 0 given, 2 received

I am an Elite Member

but I do not post much here. I value the information that others post and am willing to pay for it.

I don't exactly understand the problem but my suggestion would be to charge $50 annually for the site and have all the downloads available to only the Elite members.


Dave S.


Old September 5th, 2011, 03:59 PM   #140 (permalink)
Elite Member
Futures Experience: Beginner
Platform: NinjaTrader
Favorite Futures: ES
Posts: 3 since Jun 2011
Thanks: 14 given, 0 received

Ok, Mike, let's do it!

Ok, Mike, let's do it!


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