I agree that downloads should be allowed only to Elite membeship.
will be always possible stealing the code and sell it, maybe code should be crypted but it's not 100% safe still.
I think best solution is :
all code under Elite Membership.
more advertising of the futures.io (formerly BMT) community and the advantages it offers
if someone found an indicator that show likeness to another already posted on BM foum , simply open a thread and tell to all people of the community .
likely users here post in another forum and in different language also, so maybe someone could post this information in another forum and another language , information spreads quickly and widely .
maybe it works or not
Of course all elite members will 100% agree on this, after all they are elite members so they wont miss a thing, i'm not an elite member, and i'm not a passing through guy, i follow all the threads that interest me and yes i download some stuff sometimes, BM, you know u have a logical and valid opinion on this.
I will miss the occasional downloads but u have to look at the Big picture here and that is intellectual rights.
Go ahead and do it for elite only, but remember that we regular guys are following ur futures.io (formerly BMT) community too.
with all respect.
Last edited by bassramy; September 6th, 2011 at 10:04 AM.
Must admit to only reading the first 9 pages of this thread so did not get everyone's view point. I don't honestly consider myself an "Elite" member since my contribution to the community is currently next to nil. Guess my reasoning is that I've been struggling with trading for so long and don't have much insight to contribute (though have thoughts on posting in the Psychology forum).
With that said, I have yet to load any indicators from this forum, but may have downloaded a few some time ago. As a visitor, I saw the value of the content on futures.io (formerly BMT) and wanted access to more. And what a better way to support Mike and the futures.io (formerly BMT) community (in my small way) than to make a financial contribution to keep it up and running?
One of the greatest asset of futures.io (formerly BMT) is its generous environment. And I've learned in life, giving should be done 'smartly.' Would hate it if those that contributed felt they were being taken advantaged and we lose that generous environment.
I'm fine with the downloads being limited to Elite members, not because they hold some holy trading secret, but because it one more hurdle for those who want to take from the futures.io (formerly BMT) community solely for their own commercial gain. We all know how tantalizing those wiz bang indicators are. The more the vendor charges, the better they are right?
I'm not participating that much in a forum, but from time to time I come to see what people are posting. Downloads should be avaialable to elite members only who should identify themselves with valid email address and services connected with that email address( example: Paypal or Skype), so every time someone makes download futures.io (formerly BMT) could know who did it.
I agree that all downloads should be only available for Elite members, but will it really change something? If someone wants to steal stuff from here and sell it, he will pay the 50$, even 200$ if needed...
Certaintly do not agree with the minimum post idea. The quality of posts on here is quite high and if I feel that I have something really worthwhile to post I will (as in this case, my first post I believe). If you enforce a minimum post condition, people will post just to fulfill their quota.
I think that Mike has got it right up to now. There are thousands of traders sites on the web, many just a ruse to get money. (Certaintly not this one!) The way Mike has arranged the site, a prospective member can go through most of the site freely, see the quality of the posts and then pay for an Elite membership once the prospective member realises how worthfull this would be.
However it appears that Mike has been too successful as the site is becoming too big and too much work. I certaintly have no problem with Mike getting a proper reward for the work he has done on this site.
One option is to increase the membership fees or make it Elite only. You could have a trial membership for $5 for a couple of weeks. You would lose a lot of visitors I believe, but it should cut down the work on the site. Another idea is to completely close the site to new members, but that would be unfortunate.
No easy answer to this one Mike. Remember you being very helpful on the Ninja Trader Forum.
PS Must do something about pressing the thanks button. Sorry, so thanks all for everthing......
Last edited by MicroAl; September 6th, 2011 at 05:17 AM.
Reason: Additional text
The case for and against - both have good enough reasons to support each sides argument.
I think - it is for BM - to examine the reason - Why you created the site.
For me - Why did I visit your site? - well I wanted help with something I could not quite solve myself. have I solved it .....yes & no. Would I have "paid" for the information .......probably not. Why? .....Probably because I have paid many times on other sites and found myself disappointed.
One question - for everybody to ask themselves .....If you were successfully trading ...would you visit internet trading sites? if your answer is yes....ask yourselves...WHY? The "others" -who are still stuggling......would you visit Internet trading sites? ask yourselves ..WHY?
To BM ....Examine your reasons for setting up this site. Pls don't be influenced by .."misuse" by others. Pls think of the old adage ......" just because the dog barks......does not mean you sell yourself and bark as well.".....
I am new to this site but not new to trading and therefore will give you my reasoning for joining the Elite section within days of finding this site.
Quite simply I saw the usefulness of the content and wanted to pay my "dues" once I had downloaded a useful indicator.
I am not a full time trader but hope to be in the future etc so I would suggest the following for consideration....
Post all new downloads in the Elite section and post everything that is say, 1 year old, in an "open for all" community - I believe we should encourage people to pay something back but not discourage them from visiting or learning - but let them make their own decision - we all like that.
This is an excellent Forum and I am enjoying being a new member....