I recommend that one must be an Elite Member to Upload as well as Download from this site. The free stuff currently available is enough to determine if one wants to become an Elite Member or not. To put my money where my mouth is, I just became an elite member a few minutes ago.
I have been a lurker for a few weeks now. I have enjoyed browsing the site and find it a worthwhile asset, even though eSignal is not favored by most members here. I was once a webmaster and java junky so coding ideas I find here, to look at them on signal charts, is not a problem for me.
I have been intraday trading full time for over 10 yrs and I do not belong to or subscribe to any other trading entities, except EWI and Socionomics.
I will trust Mike to make the correct decision about this issue.
I don't think you will know until you try it and see. I have been a member for about 2 years and this is the best website I have found if you are trying to learn about trading. Keep up the good work.
I support restricting the content in some way. $50 lifetime is very cheap. I would favor giving extra weight to the opinions of people who have donated indicator code or who are heavy content contributors.
What immortal hand or eye, could frame thy fearful symmetry? -- William Blake, "The Tyger"
I am also new to the site just started in July 2011. Maybe this is a method to screenout the bots.
There is value to this site and I have learned alot in the short time but having blown up my account and just getting back into trading slowly. I really liked after downloading an indicator when it was changed or updated I got an email notification that was cool.
Elite membership is something I was considering anyway. I like the idea about the downloading to prevent the bots.
Just this email asking everyone's opinion proves it is a good site and whatever decision is made I can support it.
I was thinking, if a person publish his indicator in the public forum, it's public, accessible by everyone. He knows that his indicator is going to be used by all that download it. We must assume that he's not worried about that.
On the other hand, if that same indicator is published in a private forum, he is protecting (in a way) his indicator, accessible only to those that subscribe that forum.
We cannot prohibit a person to publish his indicators wherever he wants. People must understand that in the internet there are all kinds of people, and someone might use that indicator as if it was written by himself. He can even sell it, since it was found in a public forum. Naturally that this is wrong, and even against the law, but unfortunately this is the world where we live in, people have no sense of dignity.
I confess that I've mix feelings about this.
If I become half a percent smarter each year, I'll be a genius by the time I die
I think this is a good idea. Having not contributed with ideas or modifications to anotherīs ideas, I can't comment on the idea about the number of posts. I use this site most than anything, to learn about the markets and their behaviors. I think the idea of typing characters might help filtering bots and the like.
In this forum, even the free indicators are high quality and I would have paid an elite membership to have the right to use them. Most than anything though, it's the discussion that helps the learning here. Leaving them, as well as the screenshots freely visible, could increase the serious reader's tilt to join as an elite member.
Just my two cents.
NB: Just an additional word of thanks to you BM, and all great posters here (you know who you are!).
This is a great community on the web, and I appreciate Big Mike working hard to keep it that way. My experience with pay internet forums has always been very positive. Somehow, putting money up (even if a small amount) filters out all but the truly serious people. After seeing the quality posts and people at Big Mike's I signed up for Elite status right away - totally worth it.
Here are my votes:
Yes. Make all downloads elite. $50 or so not asking too much. The amount of quality downloads on this site is amazing. If you collected the 100 best downloads at Big Mikes, packaged them up, and dropped them into a rags-to-riches snake-oil trading side, you could probably ask 100 times the cost of the Elite status here (I am not suggesting that would be a good idea!). To me, the low but not insignificant cost of the Elite status is important: ask for more, and you risk sounding too good to be true and shady. Ask for less, and people may not take you seriously. $5 is not enough, $500 is too much.
But, make the journals elite, too! One of these days I will be starting a journal, but only if I can put it in an elite section. I don't want any yahoo reading or commenting on my hard work. Any member of Big Mike's? Definitely. Just not anyone on the web.
If you truly want to decelerate growth, make everything Elite. This may turn away some serious, quality folks, though. Paying for something on the web like this without getting a preview feels shady - a lot the the too-numerous-to-count instant-riches trading "deals." Big Mike's is so *not* that. Personally, I would still make a substantial amount free (15-25%). Maybe the NinjaTrader specific sections (since they probably generate a lot of the initial traffic)?
Whatever you choose to do is great, Mike. This is your place. Thanks for the hospitality.
a very good question.I have been on this site for almost a year, and imo, you should make it a elite requirement.Imo, the fee to be an elite member, is so affordable, that its not that big a deal, but i personally know of many people that have been helped here, including myself.Its kind of a no brainer imo.thanks