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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?

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  #41 (permalink)
 NLD1888 
SINGAPORE
 
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I have not being around for quite a while since Mar/Apr as a close family member is sick & I have to take care of her.
I'm from the far east (Singapore), and I have visited many sites before finding futures.io (formerly BMT). I would say the truth will always be the truth. Most members who have been to various site will be able to tell the great values that futures.io (formerly BMT) community is offering. I have become an elite member because I found the 50 bucks worth all the values that I'm receiving.

Big Mike, please ignore those people. You can't change them.

Personally, I have benefited greatly from the many resources, advice & help from futures.io (formerly BMT) members.
And this is only possible because of YOU.
If others do not find this site to be of any value to them, they have a choice to move on.

I've not read/watch any of those links. I'm happy with futures.io (formerly BMT) and I'm sure people who are sensible enough should be able to tell the truth if they have been a member of futures.io (formerly BMT) to compare with other sites.

Cheers,
NLD

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  #42 (permalink)
 bobwest 
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Just checked back in this thread after a while.

The take-away is still the same: Big Mike does not hate vendors -- there are lots of great vendors who get to present their stuff here, but BS artists do not (I just reviewed John Ehlers' presentation, for example: total quality material, and no attempt to take advantage of anyone); and futures.io (formerly BMT) is not free because, simply, if you don't pay anything, or you aren't willing to pay anything, you will give it the value, in your own mind, that you paid for it: zero. It's put up or shut up: the uncommitted never find anything that they can use....

I'm on this site every day; it's in my favorites, part of my morning routine. I don't necessarily agree with what I read every time I'm here, but I'm not going to pass it up -- there's too much that is too good, and too many good people who give without thinking of reward.

This is really a unique thing. I hope that eventually, I will give back some of what I have gotten, but, frankly, it's huge.

So, keep going, Mike. You are making a very big difference.

Good smileys too.

Bob.

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  #43 (permalink)
 ticnau 
Buderim Queensland Australia
 
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Big Mike puts a lot of time and effort and rescources into providing this site - one would assume that he has the right to recoup some of those costs - the premium for Elite Membership is minimual if you are serious about your trading - IF you cannot get value for money from this site then you are severley short sighted - plenty of services / indicators that you can buy that are here for Free and unbaised asssitance re some that you may be considering to buy - that alone is worth more than the premium.

Go For It!

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  #44 (permalink)
 Big Mike 
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Today, Brian Padgett of Puretick (Senior VP) joined the forum.

He agreed to our disclaimer and terms and conditions, and clearly stated he was not a vendor nor affiliated with a vendor.

Then he proceeded to post in the Vendor Review section about Puretick:


You can find some of his posts on page 4 going forward.

I then asked him to clarify his relationship with Puretick, at which point he said he was "just a trader in the room". This is not accurate, since I have proof he is Brian Padgett of Puretick, which is the Senior VP there.

After I banned him, he then proceeded to send me six or so emails, saying how futures.io (formerly BMT) is a fraud, that it's no wonder I am moving to Ecuador (he implies I am running away from authorities), calls futures.io (formerly BMT) a scam, etc. He goes on to say he hopes to meet me one day so he can watch my face as my ego crumbles into the abyss from the damage he is about to cause.

He then proceeded to create this rip off report:

Ripoff Report | Big Mikes Trading Forum Complaint Review Princeton , Texas: 1092663

Then he later published something to his LinkedIn profile. I cannot see it, as I am not a member of any of those sites. His profile is here:

Brian Padgett | LinkedIn

I was made aware of the defamatory post he made by a friend who manages a large LinkedIn traders group who sent me an email.

Mike

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  #45 (permalink)
 tbondtrader 
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read the report. the dude cant even spell............

thanks
t

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  #46 (permalink)
 xiaosi 
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What i can't get over is how these guys can make Senior VP and behave like this??? Its a joke, really. The behavior is childish. He got sprung, clear as day. Now he's having some revenge....like a little kid saying "so there!"

Now i can understand if he wants to promote the business he's working in, but can he do it honestly? If not and can only behave like this, it rings alarm bells about the business, in my opinion.

XS

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  #47 (permalink)
 Big Mike 
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xiaosi View Post
What i can't get over is how these guys can make Senior VP and behave like this??? Its a joke, really. The behavior is childish. He got sprung, clear as day. Now he's having some revenge....like a little kid saying "so there!"

Now i can understand if he wants to promote the business he's working in, but can he do it honestly? If not and can only behave like this, it rings alarm bells about the business, in my opinion.

XS

If you do some research on Puretick, you'll find it isn't out of the ordinary for this behavior within their ranks.

Mike

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  #48 (permalink)
 Luger 
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By making a public spectacle of himself, all this guy did was prove that Big Mike was 100% accurate in the assessment that the he should be banned for breaking the terms of service.

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  #49 (permalink)
 Big Mike 
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Recently a vendor made a claim that futures.io (formerly BMT) promotes copyright theft in the Elite section of the site:



This is completely not true, and instead the exact opposite is true - I am vigilant in the removal of any copyrighted material on futures.io (formerly BMT).

The truth I believe is that most vendors simply dislike futures.io (formerly BMT) for the following reasons:

- futures.io (formerly BMT) allows users to share their experiences about the vendor
- Sometimes those experiences are quite negative, and hurt the vendors sales
- futures.io (formerly BMT) has a large user base of experienced programmers and they create code and share it freely on futures.io (formerly BMT) in Elite section, this hurts vendors sales who want to sell indicators

I think it is very hard to be a honest indicator salesman these days in the industry. I wouldn't want to do it for sure. But it would be nice that instead of these vendors attacking me and the site (and believe me, dozens of vendors do) they should instead try to offer a service that is truly a good value to the trader, instead of claiming indicators are going to make them profits.

Take a look at the welcome message that every user receives on futures.io (formerly BMT):


Quoting 
Welcome to the Big Mike Trading forum!

The secret to success with trading is within you, and we can help you find it.

We are different than other forums you may have visited, so take notice. Our community works extremely hard to keep everything moving forward in a positive way. We firmly believe there is no need for rude behavior in order to accomplish our goals of helping traders be successful.

We also firmly believe in sharing. There is no secret sauce here. If you want to be a good trader, you have to do the time and gain the experience. We can help, and the first lesson is simple -- there are no shortcuts, no holy grails, no magic indicators or systems that will ever make you profitable. Only you can make you profitable.

Are you here only for the downloads and indicators? If so, you are doing yourself a great disservice. The best way to improve your trading is by interacting with the community of traders in the forum itself. Chasing after holy grail indicators will just slow down your journey of accepting complete responsibility for your own actions and trading, instead of using indicators as scapegoats when something goes wrong. Eye candy is great, cool new toys are fun (indicators), but at the end of the day you need to decide -- are you here to make pretty charts, or are you here to make money?

The members of our community are expected to participate. That means starting threads, replying to posts, and in general providing useful information. It is like pay-it-forward: as you make these contributions you will receive them back in the end, and everyone wins. A leecher or lurker is someone who only takes and never gives back to the community -- don't be one. If you truly want to improve your trading, you need to participate in the community. Don't believe for a moment that you have nothing to contribute, that simply is not true. Just open up and make some posts, you'll do fine and you'll be welcomed.

I have highlighted some parts in bold relevant to this post.

Mike

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  #50 (permalink)
 gtotrader 
Beaverton, Or
 
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Good Day Mike


I am one of those lurkers in the shadows because of , explative of your choice. I want to curse bad. business people like banned vendors. I started trading 1993 with out a clue of what I was doing. There was so much information, mis-information, dis-information it took me along time to weed it all out. I also think it's worse now than then. I wish there would have been a information source that would have screened vendors back then It would have saved me alot of time and frustration.

In my opinion a good portion of the indicator vendors only care about numbers. How many calls, conversions and up sells they get. They get paid to tell you via the indicator, what just happened. What the rookie just doesn's get is all it takes is a person half way around the world to push a button get filled and change the "indication" and flip the indicator. what a racket...

So, from an enduser I say thank you for screening and holding a standard

The Elite section is worth every penny

Good day

Mike

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