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Elite only for ALL downloads?


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Elite only for ALL downloads?

  #311 (permalink)
 ASCAR 
Tweed Heads NSW Australia
 
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No matter what you do you wont stop people from ripping off ideas , whether it be thru charging more or restricting the site to major contributors . They will pay more or just lodge dodgy replies or threads. I am a struggling trader who has found your site invaluable for ideas and sharing knowledge. Unfortunately I am not a programmer and struggle with that side of things. At 62 and struggling with health issues after retirement I have often had to refer to your site for information. Unfortunately there i s nothing I could post that is equal to the quality on your site. Restrict it to Elite members only but dont cut out a lot of struggling traders like myself who can benefit them from the shared knowledge and help them on the road to financial stability.

Ascar


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  #312 (permalink)
 andrewtrader 
Lithuania
 
Experience: Intermediate
Platform: MBT DesktopPro, Multicharts,NinjaTrader
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I have two killer questions for all those who passionately advocate downloads for Elite only:

1. Have you asked all those people who contributed code to some project if they want their code to be locked up? You are deciding upon someone you have no authority upon.

2. So, somebody or some group of people made indicator and now it's in paid only Elite section. That means work by members but monetary reward to website?.. How fair is that? What if many people contributed to final indicator? How would you account share percentage they all should get? Who will do that? How much time that will take?

Don't you think that will open pandora's box with legal and monetary issues, and break down now collaborative futures.io (formerly BMT) community?

  #313 (permalink)
 
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 FulcrumTrader 
Austin, TX & Las Vegas, NV
 
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Mike,


I tend to be in the some items free and others in Elite Section only crowd. Indicator downloads I can see placed somewhere in the the Elite section, with basic chart screen shots or quick individual trader screencasting vids in free areas. You want to maintain some valuable free content to attract members but have some control of premium content in a "pay to play" section.

  #314 (permalink)
 ephi 
Pittsburgh
 
Experience: Intermediate
Platform: NT7
Broker: PFG
Trading: Futures
Posts: 1 since Sep 2011

Mike,..this will be my brand new post,.and also a new member to the forum, I would like to say that, I have spent thousands on indicators and also on on trading educations but honestly, I have learned more in this forum all for free reading from other peoples experience and I wish I have found this forum a year or so earlier before I spent my big bucks on indicators etc which never worked and wiping out my trading account,.lol...I will gladly upgrade my account to elite and support your move on this regards,..thanks for the great work and keep it up please for the sake of traders like myself!!!

Ephi

  #315 (permalink)
 andrewtrader 
Lithuania
 
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xingalaxy View Post
Mike, I suggest to differentiate the indicators into "chargeable" and "free" categories. The contributor will have to decide where to place his/her indicator for member to download. A elite member should be given an incentive, e.g. getting a better price for chargeable indicators than someone who is non elite member.

what makes futures.io (formerly BMT) a indicator shop. How long will it take for every indicator to appear in "chargeable" section just because of opportunity?

  #316 (permalink)
 yunakhan1 
ny ny
 
Posts: 4 since Oct 2009

Hi Mike. In my opinions if you will move downloads to elite members area only you will loose about 80% of your auditory. If you do search on internet you will find many usefull NT indicators on foreign sites which are free and have better explanations. I f you want to keep downloads to elite members only thats fine. Im in this business 8 years and no indicators will make you better trader but you. Market is 99% about crowd react in different stage of market and only 1% is technical. No matter which best indicators you have if you dont have discipline and patience you will loose. NO indicators will give you the picture why market goes up or down why its gap or else. In my opinion your expereince is best indicator.

  #317 (permalink)
 GT22 
Currently Inactive
 
Posts: 24 since Aug 2011

Wow, I am impressed by the loyalty displayed in this thread!

Is it true that people are willing to pay up to $2,000 for indicators?

I need to look into this. I have 2 or 3 highly marketable indicators that I do not use.

Note: Highly marketable, not highly profitable!

  #318 (permalink)
 
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 Big Mike 
Manta, Ecuador
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  #319 (permalink)
 Rick Reynolds 
New haven, Ct
 
Experience: Intermediate
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Hey Mike,
I think its a great idea. If anyone is serious about trading than a small subscription fee is nothing in the big picture. We all know nothing is FREE in life, so pay your way or move on.
Thanks again for a great site,
Rick R.

  #320 (permalink)
 rlynch 
Denver
 
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I am a relative newcomer to futures.io (formerly BMT), followed several threads, downloaded indicators, etc. This my first post as I have very little to contibute and can't be of much help to most futures.io (formerly BMT) folks - perhaps someday that will change. However, futures.io (formerly BMT) has been very helpful to me and I much appreciate the threads, downloads.....

Seems reasonable (and I support) to restrict downloads or even charge $$ for them to support the forum. However, this is unlikely to reduce or stop the 'profiteering'

Might also consider an increase to the price of elite membership.

Thanks to Mike and forum contributors for the continuing hard work to keep this forum going.

my 2 cents.


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Last Updated on September 10, 2011


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