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

  #471 (permalink)
Hyde Park,
Chicago, Illinois
 
Futures Experience: Intermediate
Platform: Tradingview.com
Broker/Data: Optionhouse
Favorite Futures: Options
 
Bermudan Option's Avatar
 
Posts: 467 since May 2011
Thanks: 395 given, 252 received

How is this not charging for freeware?

Someone created the indicator and then decided to share them with futures.io (formerly BMT)... to give back to a community that has done so much for them. For starters, they might not have even given it to futures.io (formerly BMT) exclusively so if it gets reposted then perhaps that was their intentions, and furthermore I am 99% positive that they didn't post it so that futures.io (formerly BMT) could effectively make money off of their work by tacking it onto the elite members section.

I understand the reasoning behind the Elite Circle. As evidenced by my name tag, I saw value in the service and made the plunge very recently but unless the indicators were submitted prior to the Elite Circle being created, EVERY person who submitted an indicator knew the potential ramifications of uploading their indicator to a public message board and had the option to submit it to the more personable Elite Circle download section.

I have skimmed the thread and hadn't seen many objections so I felt compelled to voice my opinion. The reason this forum is so great is because it is by traders and for traders and creates an environment that makes traders want to give back to the community. However, the community is not traders that post frequently on futures.io (formerly BMT) or that pay $50 on futures.io (formerly BMT). It is people who like to trade and talk about trading.

It makes me cringe knowing that a non-elite member could have submitted an indicator, yet is now no longer able to download his own product until he pays money for it...

The following 3 users say Thank You to Bermudan Option for this post:
 
  #472 (permalink)
Elite Member
Toronto, Ontario, Canada
 
Futures Experience: Beginner
Platform: ninjatrader
Favorite Futures: ZN, GLD, USO, ES, NQ, YM, 6E
 
Posts: 1 since Aug 2011
Thanks: 1 given, 0 received

I was happy to join and pay $50 for more exclusive access. It is not a great deal of money, and I think it deters certain people who are aggressive and unfriendly with their post to pass on your site because they can be traced through a credit card transaction. I've come across this with other forums (ie., elite trader) where I don't want to post anything because people are so negative and mean spirited.

This is my first post since I am fairly new to trading, but I have received value for the $50 to join already. Although I joined initially for access to some indicators, it turned out that I am not using those indicators, but instead purchased a simple trading system to use instead. I was doing research on the Boomerang System from Indicator Warehouse and found a thread on this site with information and opinions about it and decided the price point was low enough to take the risk in trying it. The opinions expressed were very important for me in my decision making.

I feel limiting access to people willing to pay a reasonable fee is more than fair. I support that choice, as opposed to making people post 50 times. You know that old adage, garbage in, garbage out....better to post when you really have something meaningful to share.

Cheers,
Kaayla

 
  #473 (permalink)
Elite Member
Houston, Tx
 
Futures Experience: Intermediate
Platform: Ninja Trader
Broker/Data: Zen-Fire
Favorite Futures: ES
 
Posts: 8 since Nov 2009
Thanks: 4 given, 0 received


Mike,
Agreed...we all need to contribute to have a product of value and your website is certainly a product of value.
rgds
barry

 
  #474 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 46,238 since Jun 2009
Thanks: 29,350 given, 83,218 received


Bermudan Option View Post
How is this not charging for freeware?

I just went and checked the most recent 10% of all entries in the Downloads section. Out of 50 entries I checked, 49 were submitted by Elite Members, and 1 was submitted by a non-Elite member.

In fact, the overwhelming majority of all content on the site comes from Elite Members (posts/threads/downloads).

I believe these files were shared in the non-Elite section of the Downloads area not because the author wanted to share them in the non-Elite section on purpose, but rather because of the nature of the "split" organization structure of the Downloads section. By default, if it is a NinjaTrader 7 indicator, members prefer to upload it to the NinjaTrader 7 section - as opposed to the Elite section. So I truly believe if it weren't for this, then almost all the sharing would be purposely made available only to Elite Members anyway. I also have to only read a few pages of this thread to get the same impression.

I will take your reply to heart and see how things go during the trial period.

Mike

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  #475 (permalink)
Market Wizard
Cleveland, OH
 
Futures Experience: Advanced
Platform: QST
Broker/Data: QST, DeCarley Trading, Gain
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Posts: 2,727 since Jul 2011
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I haven't read the 48 pages so I don't know if this was suggested previously, but what about making it both ways? You can download if you are an Elite member or if you have 50 posts. Either one would qualify the poster for downloading.

 
  #476 (permalink)
Elite Member
Reno NV
 
Futures Experience: Advanced
Platform: NinjaTrader
Favorite Futures: ES
 
Posts: 7 since Feb 2011
Thanks: 0 given, 1 received

Reply to EMail

I totally agree with the Elite only downloads. Also raise your Elite price, maybe fifty dollars a year, not a one time fee, I am serious, your price is to low.
William

 
  #477 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 46,238 since Jun 2009
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ron99 View Post
I haven't read the 48 pages so I don't know if this was suggested previously, but what about making it both ways? You can download if you are an Elite member or if you have 50 posts. Either one would qualify the poster for downloading.

Yes, there was never any consideration to limit Elite Members in any way. All Elite Members have 100% access to everything on the site, regardless of number of posts.

The post limit was just one consideration (one that previously failed and I was not likely to repeat) for non-Elite members.

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

 
  #478 (permalink)
Elite Member
Elverum, Norway
 
Futures Experience: Intermediate
Platform: Multicharts, Ninja Trader
Broker/Data: Optimus futures / Rithmic
Favorite Futures: NQ
 
Posts: 7 since Dec 2009
Thanks: 5 given, 1 received

I also agree with the Elite only downloads. I think it will be easier everyone both to share and find files.

 
  #479 (permalink)
Trading Apprentice
london
 
Futures Experience: Intermediate
Platform: ninjatrader
Favorite Futures: ftse ym
 
Posts: 10 since Oct 2010
Thanks: 0 given, 5 received

Mike

It really is a sad day.

$50 for indicators ..... The """"" Elite Members Got Their Way""""".

Like Democracy...... its the presssure groups who "Dictate" democracy. The drug companies......the tobacco group.....the licquor breweries......the *@!""...& now the "Elite ..already paid $ 50 ..resentful of non-payers group"

Membership to futures.io (formerly BMT) ...$ 50 - No problems. Reasons ...Cost / Time / effort / ownership. Capitalist democracy. No problem. Infact very encouraging.

Democracy ....via the back door through a pressure "I resent that I have paid $ 50 ..& I feel like a fool" group...whats the difference.......saddam. mubarack..$50 elite group".

Mike....you should have re-phrased the topic as....." is futures.io (formerly BMT) worth $50 membership" .....you would have got a 100% well ok 99% YES,YES, YES.

But it really is a sad day for the Trading Community that the debate has been hijacked by the group "S**T..I've already paid $50 for futures.io (formerly BMT) ...and those Ar*eho*e non-payers wingers can have a say in this..." group.

As the Group "Queen" sang...... "One more bites the dust....."

I will still sign on to futures.io (formerly BMT)...but with a bitter taste of the $50 elite resentful lobby.

Pls post the $50 elite membership web address.

I think I speak for all the fair minded.


 
  #480 (permalink)
Elite Member
Chicago Illinois USA
 
Futures Experience: Advanced
Platform: Ninja Trader
Broker/Data: IB
Favorite Futures: duh hammer!
 
wldman's Avatar
 
Posts: 2,069 since Aug 2011
Thanks: 967 given, 2,624 received

Shut up...



sunny2010 View Post
Mike

It really is a sad day.

$50 for indicators ..... The """"" Elite Members Got Their Way""""".

Like Democracy...... its the presssure groups who "Dictate" democracy. The drug companies......the tobacco group.....the licquor breweries......the *@!""...& now the "Elite ..already paid $ 50 ..resentful of non-payers group"

Membership to futures.io (formerly BMT) ...$ 50 - No problems. Reasons ...Cost / Time / effort / ownership. Capitalist democracy. No problem. Infact very encouraging.

Democracy ....via the back door through a pressure "I resent that I have paid $ 50 ..& I feel like a fool" group...whats the difference.......saddam. mubarack..$50 elite group".

Mike....you should have re-phrased the topic as....." is futures.io (formerly BMT) worth $50 membership" .....you would have got a 100% well ok 99% YES,YES, YES.

But it really is a sad day for the Trading Community that the debate has been hijacked by the group "S**T..I've already paid $50 for futures.io (formerly BMT) ...and those Ar*eho*e non-payers wingers can have a say in this..." group.

As the Group "Queen" sang...... "One more bites the dust....."

I will still sign on to futures.io (formerly BMT)...but with a bitter taste of the $50 elite resentful lobby.

Pls post the $50 elite membership web address.

I think I speak for all the fair minded.


and enjoy the view...we might not pass this way again.


Last edited by wldman; September 6th, 2011 at 05:41 PM. Reason: lapse in judgement

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