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Why does Big Mike hate vendors? Why is FIO not free?
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Why does Big Mike hate vendors? Why is FIO not free?

  #21 (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: 46,240 since Jun 2009
Thanks: 29,354 given, 83,237 received


vvhg View Post
Maybe we need a new category for the futures.io (formerly BMT) Best of Trading Awards: Best Snake Oil Vendor

@Big Mike let me thank you for not becoming cynical despite receiving all those emails from rather unstable personalities. That in itself is quite an achievement!

vvhg

Hi Victor, due to legal threats, that will not work. All reviews on futures.io (formerly BMT) are from members who have experience with the vendor they are reviewing and are representative of that. Trust me, these vendors make lots and lots of money, and they love to make legal threats in order to silence anything negative written about them. I am speaking from experience. Of course, I've also never lost against them and I intend to keep fighting them, but I won't go as far as adding a snake oil vendor category.

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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  #22 (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: 46,240 since Jun 2009
Thanks: 29,354 given, 83,237 received


Abde View Post
@Big Mike,

Happy 4 Year Anniversary and many congratulations!

Donīt get to concerned about the google results - You get pity for free, jealousy must be earned.

To put it simply: futures.io (formerly BMT) Rocks!

Many thanks for all what you are doing, and keep up the good work.

Abde

Thanks Abde. I don't lose any sleep over 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 user says Thank You to Big Mike for this post:
 
  #23 (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: 46,240 since Jun 2009
Thanks: 29,354 given, 83,237 received



bobarian View Post
Sadly, its no surprise that the 1st page of the google search looks like that.Is it human nature to take something good , and spin it so it is bad?Maybe, but its a very small select group of people who are motivated to spend their time spreading negativity and false opinions...and typically, its the first thing people see when they search Big Mikes.
It seems to me, that Big Mike believes that everyone has a right to speak.And he lets them have their say.However, at some point, Mike will express his opinion also, which is good.
The people who contribute here know the real story
Bob Maughan

Thanks Bob. Hopefully this thread will be useful to those who find themselves in situations where they need to defend futures.io (formerly BMT) against an attacker.

Some have attacked me for censoring people, which I find ludicrous. Anyone that does even a small amount of searching can find even some of the site sponsors being "attacked" on futures.io (formerly BMT). I do not delete posts to protect anyone, if I did surely I would start with those.

What happens when a post is deleted:

- 99% is spam from new users or "one post wonders" or whatever you want to call it
- Remaining is almost always from someone that is being overly rude instead of just sticking with facts. (ie: name calling, childish behavior). And even then, I usually just ban that person and allow the posts to remain, but in some cases I do delete the post because it was just over the top.
- When a post is deleted, everyone can see it was deleted. There is nothing hidden! A deletion notice will appear in the thread that includes the name of the original poster, date/time of the post, who deleted it, and a reason.

Anyway, in every case when I've found someone saying I censor them, it's from someone who was banned for rude behavior and then goes to another forum to spread what I would consider to be complete misinformation about me or the site.

It is quite interesting how people who say they "hate" futures.io (formerly BMT) yet they spend so much of their time on disparaging it. Clearly, not healthy. I've had many instances in the past where someone was banned after being warned of rude behavior not being tolerated here, and then they write me a nasty email and tell me how worthless futures.io (formerly BMT) is, etc etc, and they will never be back etc.

Then they proceed to create a bunch of duplicate accounts to try to work around the ban. Interesting, eh?

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
 
  #24 (permalink)
Elite Member
Holland, Michigan
 
Futures Experience: None
Platform: ninjatrader
Broker/Data: CQG
Favorite Futures: Acoustic Guitar
 
trs3042's Avatar
 
Posts: 1,802 since Jun 2009
Thanks: 23,771 given, 5,600 received

@Big Mike

I'm one to stay out of other people's business. However, without repeating what has already been said, I will say this.................. People are always going to talk about you, especially when they envy you in the life you live. Let them... you affected their lives... they didnít affect yours.

Rick

"If you're going to panic during a trade............. panic early."
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  #25 (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: 46,240 since Jun 2009
Thanks: 29,354 given, 83,237 received


trs3042 View Post
@Big Mike

I'm one to stay out of other people's business. However, without repeating what has already been said, I will say this.................. People are always going to talk about you, especially when they envy you in the life you live. Let them... you affected their lives... they didnít affect yours.

Rick

Thanks Rick. You are one of the finest members on futures.io (formerly BMT), always supportive of everyone, always genuine, always helpful and I appreciate the efforts you make on a daily basis on futures.io (formerly BMT). It is because of you, and members like you, that futures.io (formerly BMT) is what it is today.

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 8 users say Thank You to Big Mike for this post:
 
  #26 (permalink)
Elite Member
Liverpool, UK
 
Futures Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: Stocks, ES
 
Posts: 68 since May 2013
Thanks: 81 given, 39 received

I joined this community because I felt it was unique but couldn't figure out why it's unique.

After sometime I believe I found the answer. futures.io (formerly BMT) is a realistic trading place, it stands out from the crowd because of that.

Obviously this wouldn't be possible without the management, so big thanks for Big Mike.

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  #27 (permalink)
Market Wizard
Columbus, OH
 
Futures Experience: None
Platform: NT 8, TOS
Favorite Futures: ES
 
Silvester17's Avatar
 
Posts: 3,332 since Aug 2009
Thanks: 4,579 given, 10,313 received


Big Mike View Post
Thanks Rick. You are one of the finest members on futures.io (formerly BMT), always supportive of everyone, always genuine, always helpful and I appreciate the efforts you make on a daily basis on futures.io (formerly BMT). It is because of you, and members like you, that futures.io (formerly BMT) is what it is today.

Mike

I would like to second that!!!

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  #28 (permalink)
Elite Member
Munich Germany
 
Futures Experience: Beginner
Platform: MultiCharts .NET,MultiCharts,Amibroker
Broker/Data: Interactive Brokers IQFeed
Favorite Futures: Stocks,Index CFDs
 
Posts: 149 since Aug 2012
Thanks: 81 given, 77 received

No donate button

Hi Big Mike,

you are doing a great job running the forum.
I decided to get a member because i wanted to get the Gom Indicator, therfore i had to pay
the elite membership. But i think it was a great fortune that i made that investment.
It maybe was the best investment i ever made.

Because even if I make tomorrow a trade, which makes me Millions of Dollars i have to admit
that this trade could only happen because of the great inspiration I got through reading only
a little tiny part of threads. But most of it i will have to admit to having watched your great selection
of webinar presenters.

So those 50$ i paid will always be the best investment i made my life.
And i have read a lot other forums over maybe 7 years.

But i wonder why there is no donate button, because if I am able to make that amount of money.
Or just say staying so profitable to pay my dues. I would like to donate a part of that money to your forum.
(I am a very very greedy person)

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  #29 (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: 46,240 since Jun 2009
Thanks: 29,354 given, 83,237 received


FB2012 View Post
Hi Big Mike,

you are doing a great job running the forum.
I decided to get a member because i wanted to get the Gom Indicator, therfore i had to pay
the elite membership. But i think it was a great fortune that i made that investment.
It maybe was the best investment i ever made.

Because even if I make tomorrow a trade, which makes me Millions of Dollars i have to admit
that this trade could only happen because of the great inspiration I got through reading only
a little tiny part of threads. But most of it i will have to admit to having watched your great selection
of webinar presenters.

So those 50$ i paid will always be the best investment i made my life.
And i have read a lot other forums over maybe 7 years.

But i wonder why there is no donate button, because if I am able to make that amount of money.
Or just say staying so profitable to pay my dues. I would like to donate a part of that money to your forum.
(I am a very very greedy person)

About 3 years ago I changed the wording on the site from "donation" to "fee", because I felt it more accurately represented the business relationship. I am here because I want to be here, but I do also expect compensation for my efforts. Donating time is something I do in life in general in various ways to various people or organizations, but the amount of time spent on futures.io (formerly BMT) is not a "donation", it is quite simply a lot of work.

Also for about three years, I held multiple fund raisers each year where I would donate 100% of proceeds from Elite Membership fees to various charities, for natural disasters, memorial day, thanksgiving, etc etc etc. The last time I did this was about a year ago or so, and I ended up having a major battle with PayPal out of no where over it. Long story short, they do not allow for profit businesses to use the word "donate". Even though I showed proof of everything being turned over to charity, and in fact me donating more to charity than I received in (due to fees and such, or my own contributions), it did not matter. PayPal is not the kind of company that you can simply reason with.

So long story short, there is no such thing as a donation button on futures.io (formerly BMT) any more. futures.io (formerly BMT) as an LLC is a for-profit business.

At the end of the day, there are many more people that need your money than I do. I do appreciate all the private messages I have got over the years where people have asked to basically give me more money. I will tell you what I have told them, which is that I would appreciate it if you would instead give it to a rescue to save dogs lives. One that I support completely is this one:

Dallas / Fort Worth Labrador Retriever Rescue Club

DFW Lab Rescue is where all three of my labradors have come from. My mom is also an active foster. I also donate a large amount of money each year because I don't have a lot of extra time to give, and this rescue is such a great place. They take any Lab from any shelter under any circumstance, no matter how much help they need, no matter the cost of surgery or etc. Then once the dog is ready to be adopted, they have a flat fee of around $250 (can't remember exactly) which really only covers basic vet costs, shots, microchipping, and spay/neuter, heartworm treatment, etc. So they rely on donations and time contributions from people to pay for boarding costs, food, and all the vet bills from the more difficult cases. They are a non-profit.

You can find a donation button on their website.

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 2 users say Thank You to Big Mike for this post:
 
  #30 (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: 46,240 since Jun 2009
Thanks: 29,354 given, 83,237 received


If you know anyone in the DFW area, here is a list of currently available dogs. They get new dogs every day.

Dallas / Fort Worth Labrador Retriever Rescue Club

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


They just got in 8 puppies yesterday. They are not even on the website yet.

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:

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