As many have stated this is a great site, wealth of knowledge and a good place to just hang out. Perhaps a solution is to make the entire site Read only unless you are elite member. That way everyone outside of futures.io (formerly BMT) elite can see all of the posts but cannot post. Can see but cannot download indicators, can see but cannot watch webinars. Not 100% sure but i think I have run across other sites like that.
I am not an elite member yet, but I certainly support the idea of a one-time membership fee to participate in a serious forum such as this. As you mentioned, there is no pefect way to keep the forum as an effective and cohesive group with "sustained" membership, but elite membership is probably one that is practical. Good Luck.
This is such a great place for learning and research, that no one who is looking for education and learning to trade, they should be willing to contribute such a small amount of money. I am not one for speeches but I agree to the charge for all.
I am new to futures.io (formerly BMT) but would like to say this site is awesome! I knew the minute I registered, that I would gladly pay the small sum required for the wealth of info provided on this site. Anybody that is serious about trading, would silly not to realize this. As to whether Elite status should be required, I'm too new to have an opinion!
Favorite Futures: Currency Futures, Commodities Futures, Bonds, Stocks, Indices
Posts: 15 since Jan 2011
Thanks: 0 given,
Change in BMT
I understand the issue and it is a problem. However, I think there is value in allowing access to files to everyone, not just Elite members. There is a possible workaround that would preserve the capability and solve the BOT issue. It is an approach one other site uses, and quite effectively.
The idea is to require a certain site ranking for a person before they can download. Every time a person posts in the forum, he should get a certain number of points, say 2. If the question/post is useful, well thought out, he gets more points. If the question is stupid/pointless/annoying, points get taken off. When he acquires say 35 points or more, he gets to download. This will drive intelligent posts to the site and add value tot he site. The ranking of the questions coud come from the moderator and/or the current Elite community.
There are over 18,000 registered users on the forum, many of these people do not come here for "free" indicators buy for information and support from a community of fellow trasders. Moving all indicators to Elite only will not change this, people will still be able to get the information that they need.
The greater issue is protecting the indicators that are already here as well as all future work. Move all indicators to Elite, and take those donations and keep them in a legal fund. Every member of futures.io (formerly BMT) is a watchdog and will report when they spot an indicator that originated on the forum, now Big Mike all ready has money put aside to legally protect the intellectual property that was stolen from the forum.
Keep things as simple as possible, but no simplier. Albert Einstein
I have been a Elite member for a while and I enjoyed your site a lot. I support the change to download for Elite members only. The price for an Elite membership is really nothing compare to the value received from this site. Thanks for the good work.
Thank everyone on this site for sharing your ideas free, because that is what make it best of all.
Now to the question. I think it is up to the makers of indicator if the want to share their work for free with risk of stealing or for small contribution to the community. I think that elite only download wont stop some persons to steal and profit from others work. World isn't perfect place we want to be. just accept that you cant change everyone.
much better would be limiting number of downloads per month per user. no one needs try ten or twenty new indicator each month. It will force people stay with them longer, maybe learn how to use it and maybe share their findings on forum.