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Elite only for ALL downloads?
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Elite only for ALL downloads?

  #281 (permalink)
Elite Member
Aurora, Il USA
Futures Experience: Advanced
Platform: TradeStation
Favorite Futures: futures
kbit's Avatar
Posts: 5,884 since Nov 2010
Thanks: 3,303 given, 3,334 received

sharky View Post
i think bmt started by a few of us guys posting free lessons and indicators,in part to teach ourselves and in part to help other traders get stuff for free indicators that others charge for even though the original idea was not theirs to begin with.i rather leave bmt like it is.some free stuff and some stuff you need to pay for if the author of the indicator or idea wants to post it in elite or not...sharky


  #282 (permalink)
Elite Member
Scottsdale, AZ
Futures Experience: Beginner
Platform: Ninja
Broker/Data: Mirus Futures/Zen-Fire
Favorite Futures: currency futures
Posts: 8 since May 2011
Thanks: 2 given, 1 received

Elite Membership

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.



While I don't know how to use the site completely, it is a great place. Many have invested a lot of time to offer indicators to help others trade better. I think making everyone who wants to download an indicator become an Elite member is a great idea. I. for one applaud the idea.


  #283 (permalink)
Elite Member
Zurich, Switzerland
Futures Experience: Intermediate
Platform: Ninjatrader
Favorite Futures: Futures
Posts: 5 since Apr 2011
Thanks: 1 given, 1 received

First of all thank you Big Mike for all the effort you put in to the futures.io (formerly BMT) forum! I started using NT a few month ago and I'm still in the learning process. But your forum has helped me making a lot of progress. I've been an elite member from the beginning on and it was of great value for me to have access to everything. I haven't posted anything so far because I'm right now soaking up as much information as I can. I have no knowledge in programming, but through the usage of all the indicators I got into it a bit. I'm trying to program my own indicators, still learning a lot.

I've been reading a lot in different threads to improve my trading and I made the experience that as of lately there are more and more destructive, off topic posts in some of those threads as well as people that jump into the thread at some point, having no idea what it all is about and post some "crap". I don't know if those people are "elite" members or not, but it certainly pulls the quality down.

I think this system the way you have it right now regarding the indicators is great, because if some of the developers want to have their indies only available for Elite members they can already do it. And some want to put their indies just out there for everyone. If someone takes advantage of that and sells it to others, that's wrong, but I don't think you can prevent it.

Further I feel like everybody (elite member or not) should be able to READ the thread and look at the pictures posted but only elite members should be able to post a comment in the forum and be able to download anything/watch webinars.

So far my thoughts on that subject.

Thank you again for your big effort and keep it up!



  #284 (permalink)
Elite Member
Southern California
Futures Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: TF
randyjb's Avatar
Posts: 69 since Jun 2009
Thanks: 442 given, 29 received

You most definitely have my vote for elite only for downloads. I haven't yet heard a viable alternative.

Happy Trading,

  #285 (permalink)
Dallas, TX
Futures Experience: Intermediate
Platform: NT, TS
Broker/Data: IB, Oanda
Favorite Futures: YM/EURUSD
Posts: 274 since May 2010
Thanks: 107 given, 147 received


Good idea, I am for Elite only download. But I also think that if a free member has received certain number of "thanks", they should have that access. The main goal should be to increase posts, good posts.

The following user says Thank You to kareem40 for this post:
  #286 (permalink)
Elite Member
Newcastle, NSW, Australia
Futures Experience: Beginner
Platform: NinjaTrader, MetaTrader
Broker/Data: Go trader, Zen-fire
Favorite Futures: ES. forex
Posts: 3 since Jul 2010
Thanks: 42 given, 0 received

Tighten up

I think it was Sharky that said, 'people will be people'. He's right! You can put locks on your doors but they only keep the honest people out. Code thieves will access the Elite section regardless of conditions or price.

I appreciate the forum the way it is and have enormous gratitude to those who contribute so generously.

Personally I'm in a learning phase...I would love to be a 'serious trader'. I haven't posted because I've got nothing of value to contribute yet. Setting a minimum number of posts would have people like me posting drivel just to stay on the forum.

As I said earlier I like the way the forum is, my only suggestion would be tighten up registration and moderation of the site, valid email details etc. I'm not that computer savvy but there must be ways of keeping the pests of your site.

  #287 (permalink)
Elite Member
los angeles, ca
Futures Experience: Intermediate
Platform: Ninja
Broker/Data: Halifax America / Rithmic
Favorite Futures: TF, YM, CL, 6E
kauai35's Avatar
Posts: 17 since Apr 2010
Thanks: 27 given, 4 received

The programmers who're nice enough to share their work are doing so within and for the community. Let's not take them for granted or let their work be stolen without the thief at least having to paying for it. To all the great programmers and traders on this site who share what they have to offer, I'd just like to say Thank You!

The following user says Thank You to kauai35 for this post:
  #288 (permalink)
Trading Apprentice
Futures Experience: Intermediate
Platform: Open E Cry, Think or Swim
Broker/Data: Daniels/Open E Cry, Think or Swim
Favorite Futures: Futures
Stones's Avatar
Posts: 2 since Aug 2011
Thanks: 10 given, 0 received

Elite membership.

Hello Mike. I'm new to the site and still learning the ropes. So I have not posted yet, but I have no problem with having to become an elite member to access downloads. Thank, Stones

  #289 (permalink)
Elite Member
Wayne, PA
Futures Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: ES
Posts: 5 since Jul 2011
Thanks: 5 given, 6 received

Some free members contribute a lot to this site. Can we give access based on individual contributions?


The following user says Thank You to raj1301 for this post:
  #290 (permalink)
Elite Member
Sydney NSW Australia
Futures Experience: Intermediate
Platform: NinjaTrader, TradeStation
Broker/Data: Mirus Futures/Zen-Fire & Tradestation
Favorite Futures: ES
dmane's Avatar
Posts: 14 since Dec 2010
Thanks: 15 given, 19 received

two markets

There's two things going on here, two reasons why people come to this site. One is as a community of honest and generous and may I say incredibly honest and generous people with a common interest. The other is as a source of profit making solutions. This site is never marketed like a course in profit making but I'm sure that's what the Downloads section is to a lot of people and it seems fair to charge. But charge in a friendly-benfit to you-we want you here new guy way. I think charge per download in the non-elite section, not much but enough to say outsiders you're welcome here and you pay for the value you receive, try it cheap, as a benefit, not a punishment and if you like it join up. Ie, Big Mike is doing something for you Mr Outsider by giving you downloads at a price less than membership & if you like it come on in.

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