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Elite Membership fee increasing July 1, 2013
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Elite Membership fee increasing July 1, 2013

  #1 (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, 83,221 received

Elite Membership fee increasing July 1, 2013

Hi guys,

Effective July 1, 2013, the Elite Membership fee will increase from $50 to $100 for Lifetime access.

I consulted with many members before coming to this decision. The overwhelming majority of members told me that Elite Membership is far too cheap. Some suggested charging $100/mo, some suggested $500 for Lifetime.

It is important to me to ensure that futures.io (formerly BMT) is made up of members who care about the community and want to be here. This is the fundamental basis of the Elite Membership program, and why I am increasing it. Over the last four years, futures.io (formerly BMT) has grown from nothing into the most active futures trading forum in the world. In order to ensure we continue to focus on quality content and sense of community, I am raising the Elite Membership fee.

As I have said many times before, I am extremely proud of what we have accomplished together over the last four years, and I look forward to all that we will continue to accomplish over the next four.

The change will only affect new Elite Members that sign-up on or after July 1, 2013. All existing Elite Members will see no change. Consider this ample notice

Thank you,
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.

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  #2 (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, 83,221 received

I am once again bumping this thread so that everyone has ample notice.

Also, as of the post above in February, I've modified all screens for non-Elite members to notify them of the fee increase as of July 1.

This change is necessary to prevent the forum from being overrun with those who aren't serious about trading and/or are not serious about supporting the community to which we all belong. It is very important to me to protect the community and to not allow those who would ruin it for all with to be part of it.

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.

Reply With Quote
The following 12 users say Thank You to Big Mike for this post:
 
  #3 (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, 83,221 received


This is the last notice. Fee increase goes into effect in 1 week on Monday, July 1 2013. Everyone has received ample notice (over 4 months), all the "access denied/membership required" messages have shown the new fee will go into effect July 1st for several months now.

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.

Reply With Quote
The following 3 users say Thank You to Big Mike for this post:
 
  #4 (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

Mike...

@Big Mike

Are you or would you consider fee only....meaning that every member is a paying member?

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  #5 (permalink)
 Vendor: diversifyportfolio.com 
PTA, Gauteng
 
Futures Experience: Advanced
Platform: Self built + Sierra + TWS
Favorite Futures: Stocks and Options
 
DarkPoolTrading's Avatar
 
Posts: 1,036 since May 2012
Thanks: 1,244 given, 1,304 received


wldman View Post
@Big Mike

Are you or would you consider fee only....meaning that every member is a paying member?

The problem with that would be how will potential new members know what a great community and resource futures.io (formerly BMT) is without getting a taste of it in the area's of the site that are free?

Personally if I came across a forum which was pay only I would move along swiftly because I would have no idea whether the members, content, discussions etc are worth paying for.

Diversification is the only free lunch
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The following 3 users say Thank You to DarkPoolTrading for this post:
 
  #6 (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

Well...

perhaps by seeing that there are over 40,000 members?

If that is a concern, make the sign up require a card. After 30 days if the "prospect" does not opt out by active cancel, the card gets hit for a one time fee of $100.

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  #7 (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, 83,221 received


wldman View Post
@Big Mike

Are you or would you consider fee only....meaning that every member is a paying member?

No.

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.

Reply With Quote
The following user says Thank You to Big Mike for this post:
 
  #8 (permalink)
Market Wizard
virginia
 
Futures Experience: Intermediate
Platform: ninja
Favorite Futures: ES
 
cory's Avatar
 
Posts: 5,217 since Jun 2009
Thanks: 628 given, 6,314 received
Forum Reputation: Legendary

maybe a big 'doom day' clock countdown to show when the new fee starts.

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  #9 (permalink)
Elite Member
Toronto+Ontario/Canada
 
Futures Experience: Beginner
Platform: Ninja Trader
Favorite Futures: ES
 
Posts: 4 since Sep 2012
Thanks: 18 given, 1 received

Best $50.00 I have spent since I began trading three years ago. Thank you Big Mike.

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The following 14 users say Thank You to Vedant for this post:
 
  #10 (permalink)
Intermediate
Charleston, SC
 
Futures Experience: Intermediate
Platform: NT7, TS2
Broker/Data: FXCM
Favorite Futures: GC, CL, 6E, FX
 
cal1152's Avatar
 
Posts: 67 since Sep 2011
Thanks: 459 given, 64 received


Same as Vedant here.....best $50.00 I ever spent.

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