Hi this is my first post as i am new to trading and have never felt i have anything to contribute but i agree that downloads should be made elite. The price is a small one and some of these indicators are great.
Anyway that's my 2 cents worth
First post here but I am a silent follower even tough I do not contribute mainly because I have nothing interesting to say.
I had once a forum and met the same problem you do so I will give you my experience on this topic.
We tried a system based on reward according to the content of the posts/threads made by our members.
If they got enough points they would be allowed to download various interesting things documents,code etc...but it did not work since some members participate only to get their hands on something they wanted then disappeared.
We then tried to make a system close to your elite membership but once again it failed. Why ? Same problem here...making them pay doesn't mean that they will participate more. Plus some people clearly disagreed with our policy and left the forum. After a while,the forum slowly died...
The thing is you can't force people to do what they don't want to...trying this will only worsened things.
Yeah this is sad but that is how it works nowadays. I think FREEDOM is the most important value to keep when you want to create a community or at least this is the lesson I have been given. Once you add money and duties to the equation people tend to leave and go to some other place they will judge better for their taste.
Personnally I do not mind paying for elite membership or having to post 50 or so posts to download stuffs even tough I cannot remember the last time I download anything on futures.io (formerly BMT) but I won't contribute more because I do not have time to do so but even if I had the time I would not contribute much. Here is why :
-I certainly have very interesting scripts but I am not willing to share them since I used them for a living and they are more advanced than those on your forum (I am not talking about the elite stuffs since I don't have an elite membership). Every (serious?) trader has a dark side and there is a limit on the things you can share.
I could of course share all the codes I do not use but I know they do not work and people using them would only lose money.
-After all those years, I became wary of the net. I read topics I find interesting but do not participate anymore.
Almost all the posts I read,the scripts I look at give me this feeling of "been there done that". I think I lost the will to contribute efficiently on any forum mainly because the level is a little bit low to me now. I am not trying to be pretentious or anything it is just that I might have grown to the point I do not need to search for answers on a forum...I sometimes follow threads or download scripts out of curiosity BUT I never found anything that could be of value for my trading.
Oups, I forgot to tell a little bit more about me. So I have been trading for 12 years or so and approximately 4 for a living. I am exclusively doing algorithmic trading, mathematics oriented, no technical analysis (I believe it does not work).
Hope my little experience will help you mike, I wish you the best for your forum
here is my take on it, im all for the original idea.. looking for for myself and others who are already elite members i do not endorse raising the price on anything unless the current group of elite members up to the point of the change are grandfathered in to the terms that we signed up for. not that you are even considering raising pricing, but i see people tossing that idea around. do i think this site is worth allot more given the information and indicators provided here? yes of course. what i do believe in is upholding the contract that we(elite members) agreed upon. i still have the email that shows what we received with our purchase for the life time of us or the site. if others have the extra cash and think it should go to the site then i think there should be a donate button if there isnt one. i guess thats gunna make me sound cheap but thats why i wrote that explanation.
here is a reason why a reoccurring payment method is flawed and the one time fee is perfect... the purpose of the site is to create a community of traders to help each other out in a way that no other site does so that we can further our trading abilities. there is no incentive to the people who are really helping others out to charge them on a reoccurring basis to do so. a one time flat fee will keep people around to help others and be apart of the community..
again i know that this is not what was proposed in your original post of the thread, but mostly for the people who are bringing up that kind of idea..
dont believe anything you hear and only half of what you see
I agree with the idea that downloads should be restricted to the elite.
As far as the whole site being elite i could go either way. You would certainly loose the majority of the troublemakers if everyone had to pay. But you would loose alot of good contributers that don't post down loadable files.
I'm in favor of allowing downloads only for Elite members.
Elite membership preserves the integrity of the community, and just the fact that it costs something will deter the riffraff.
Even though I don't post very often, I really appreciate this forum for it's professionalism and that it is very well moderated. Some trading forums are just trash talk, but futures.io (formerly BMT) is the exact opposite. Anything that helps keep it that way is a plus.