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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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Site Administrator
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Hey guys,

So the site has turned 4 years old as of last week. In that four years, I've become somewhat of an expert on all things related to trading communities.

I have been called all kinds of names and accused of all kinds of things. The people screaming the loudest are the vendors. In particular, the ones that have been either banned from futures.io (formerly BMT), or that have negative reviews written by customers who have shared experiences on futures.io (formerly BMT).

So why does Big Mike hate vendors?

Well, speaking as an authority on myself, I can tell you that I do not.

Am I being compensated by vendors? Do I align myself with the vendors that pay me the most money?

No, I do not. Let's take a look at the last three weeks of my inbox when it comes to new advertising leads. These advertising leads are companies that came to futures.io (formerly BMT) and filled out the Contact page, and selected Advertising for their reason to contact me.



And this is a very SLOW period, probably the slowest period of the entire year in fact.

So what do all these companies want? They want to give me money in order to either run webinars or run banner campaigns or run email campaigns on futures.io (formerly BMT).

What is my response? "Not interested". In fact, probably 99% of my replies are "not interested", the end, and press the send button.

Why am I not interested in these companies? Because most of them have terrible reputations. I want NOTHING to do with them. It isn't about money, it is about reputation.

If you look at the futures.io (formerly BMT) site sponsors, it has been more or less the same people for four years! And it's only about 10 companies in total. If I get contacted by hundreds of companies per year, and yet over 4 years have only done business with around 10 of them, then you do the math.

So has Big Mike sold out to vendors? No. If it were about money, then you would see the same kinds of ads on futures.io (formerly BMT) that you see on other sites.

What about webinars? I get approached constantly from vendors who want to give webinars. My answer is "not interested" because most of these vendors have business practices that I want nothing to do with. Some of you know that I have been working on a new initiative called "Certified Trustworthy Vendor". It is on-going and although delayed, I am still planning on launching it soon. More on that here:



When it comes to trading educators, most of them are trying to sell you systems, indicators or methodologies. I don't have a problem with that. The problem is HOW they do it. They show graphs of how much money it makes, in hindsight or on a backtest, or worse - some of them just flat out lie and tell show you "live trading results" which are completely false.

How is it they are allowed to get away with doing this? Because there are so many uneducated people, potential customers, that simply fork over the money out of desperation in an attempt to be a better trader.

It is that act, the act of taking advantage of someone, that I fight with all my strength on futures.io (formerly BMT).

Do you guys have any idea how hard it is to find good quality educators to come and lecture on futures.io (formerly BMT) webinars? Almost EVERYONE has something to sell, and I have strict rules about "no selling", "no secret sauce", "no special offers or promotions or act now deals". That eliminates just about everyone. Even the BIG names in the industry.

The ones that are left are not wanting to come and pay me for webinars, I assure you. It's the opposite. This month alone I have spent around $5,000 of my own money to line up educators to come speak on futures.io (formerly BMT), in combination with giving away some books during those webinars. The other stuff that has been given away this month as part of our 4-year anniversary was donated by site sponsors.

OK, so we've established that I often have to PAY for educators to come do webinars on futures.io (formerly BMT). That would seem to also put me squarely in the "not" column for hating vendors.

Last we have email campaigns. I am approached all the time to run email blasts and often times it is top dollar. You guys should see the stuff they want to sell. Get rich quick crap. And they are willing to pay a premium to target the 40,000 users on futures.io (formerly BMT), because they know from experience they will sell their product. I do not allow ANY form of advertising in emails, even from site sponsors. I do not sell or rent the email list in any way.

So let's talk about the vendors who become site sponsors. Why are they so special? Well, first I do as much due diligence as I possibly can -- and I've got pretty good at it over the years. Then I talk with the owners or management of the company and see if their goals and mine are aligned. Then I look at what product or service they are offering, and see if I agree with their business practices. I have a list of requirements they must meet before they are allowed to be a sponsor, assuming everything else checks out. On top of that, these days I am only interested in 1-year ad deals because I simply do not have the time to micro manage the accounting side with quarterly or six month payments and renewals. If a business does not want to agree to a 1 year deal, then I just turn them away.

Let's also talk about referrals. Many, many vendors work on referral or affiliate basis. A lot of the emails above will show how I could make $10,000 a month or more from one single vendor, by simply doing a referral deal with them. Referral or affiliate deals means that if you open an account with a vendor (broker), I get paid something like $100. I refuse to have anything to do with it. futures.io (formerly BMT) has never, and will never, do ANY kind of business on a referral basis.

If it were only about the money, then none of these things would be true. So hopefully I have established it is not about the money.

So what about the vendors that get banned on futures.io (formerly BMT)? This happens when they break site rules, most commonly is advertising their product in posts. Let's be clear, vendors are allowed to engage users and answer questions, but they are not allowed to make any post which is self promotion (ie: advertising). When a vendor signs up on futures.io (formerly BMT) they are explained this very clearly.

How about other reasons vendors get banned? It's almost always for lying or deception. Pretending to be a "normal user" raving about how fantastic their product is, when in fact, it's the vendor themselves. I am a tech guy, some would say a geek. I've been an expert with pretty much all-things computer related since I was 9. I've picked up some skills in the last 25 years to help me expose these lying bastards, and when I land on one of them, I ban them.

You would be amazed at some of the very high profile vendors who have been banned after I caught them doing this. Yet you don't see me going around bashing them at every opportunity, and believe me, there are plenty of opportunities. So do I have an agenda? Am I out to get them? No. If I was, then I would certainly use all the opportunities made available to me to educate all of you about these vendors. Instead, I simply ban them and move on.

OK, so that's a pretty good start about vendors. Now let's talk about the other side of the thread title.

Why is futures.io (formerly BMT) not free?

Why is Big Mike allowed to make money from site sponsors, AND also charges an Elite Membership fee from users?

Let's back up and ask why I created the forum. It's because as a trader, I couldn't stand the other forums out there. They were full of rude comments, childish behavior, name calling, and just completely worthless junk posts. For every thread I wanted to read to find something useful, I had to dig thru dozens of junk posts. I knew I could do better, and I knew I had the technical experience to help.

So I created futures.io (formerly BMT) with the goal of being a different kind of community. One where members cared about each other and tried to help one another be better traders. I knew I needed to build a sense of equity if you will, some sort of investment, that people had to make so that they would respect other members more almost by default. And that was the Elite Membership.

The words "Elite Circle" came from the name of my old BBS which I ran when I was about 13-14 years old, one of the largest in the world in fact (this is pre-internet days). I liked the name so kept it, and eventually it got shortened to just "Elite".

A separate section of the forum was created so that members that paid the Elite Membership fee had a place of their own, away from the public section. Initially it was $20 for lifetime access. Then $25, then $50 (current as of this post), and as of July 1 2013 the price will be $100 lifetime. I gave notice about that in a separate thread a couple months ago along with the reasons for the increase, which I will just briefly summarize here -- price goes up to keep quality up. Quality is both in terms of members (users) as well as in terms of my work on the site.

By having this paid section of the site, people respected the other members who also paid to support the efforts of futures.io (formerly BMT). futures.io (formerly BMT) is not just about me, it's a community. So when people ask:

"Why is Big Mike allowed to make money on the site, is it because he can't trade"

The answer should be clear to everyone who has actually spent time on the site. Anyone who is not just passing thru knows how much time and effort I have put into the site, and like most people in our society, I do not donate all of my time and energy for free - I do expect some sort of monetary compensation. That is just the world we live in folks.

The fact is, the site has dramatically cut into my own trading and it's something I wrestle with all the time. There are so many things I want to work on for my own benefit as a trader, but don't have time because of the site. I am re-adjusting some of those priorities as some of you know who I've PM'd and talked to about it. It just means I am going to be taking some more time for myself. I am a trader, not a site admin. My passion is trading, and running the site is great fun. To a certain point. Past that point it is a huge job and challenge and constant headache. So why put myself thru it? I am just trying to do my part to fill a need in the world of trading as I see it.

OK, so how does Big Mike make money on the site? It's simple. I make money from advertising banners as mentioned above. And if you didn't read the first part of this long post, you need to, before rushing to any conclusions. And then the second part is on Elite fees.

It's interesting that some people focus so much on me making money on futures.io (formerly BMT) as a business. If you look at some other trading forums, it is obvious they are run as a business. Based on some knowledge I have about certain situations, I know that two of the other sites are worth multi-millions and they generate far, far, far more in advertising revenue than futures.io (formerly BMT) does. I don't want to get back into the whole advertising thing, but suffice it to say I am sure I could quadruple my revenue from futures.io (formerly BMT) overnight if I allowed anyone who wanted to pay me to do so.

So getting back to Elite... is Elite worth it? There are several threads on this already started by users and you can go do your own research and draw your own conclusions. But for anyone who thinks the answer is no, I will admit that I don't understand.

Don't get me wrong. Some people won't sign up or pay for anything. It has nothing to do with value, it's just because they don't want to pay. But if someone thinks you could spend a better $50 (or soon $100) as a trader, I'd love to hear how

I know that some vendors out there have made it a priority to 'bash' the name of futures.io (formerly BMT). Some have created websites devoted to spreading lies about the site. Some tell their subscribers I have an agenda, hate vendors, only allow people who pay me to talk, etc etc. So I hope that with this post, you have learned enough that you can do your own research and draw your own conclusions.

Mike

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Hey BM,

I can imagine it is a real drama to maintain the integrity and bounce off vendors and others who stink up the place. I've never had a concern about the elite fee and I thought the $50 was well worth it as one of my first expenses (and still do!).

Your efforts are the reason why advertisers want to come here as they know you keep it real and thanks for that!

You wrote a lot and i could write a lot as well but it comes down to this, thanks and carry on futures.io (formerly BMT)!

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futures.io (formerly BMT) well worth it at many times the new cost structure.

I do not know why you feel like you need to answer or address the items in the original post...you do not.

I was an experienced career pro when I came here BUT, that not withstanding I hold futures.io (formerly BMT) as a resource equal or greater in standing than ANY other single beneficial item in the last 20+ years. I don't engage trolls or second quintile IQ's anymore as doing so could get me banned.

You are simply the best at what you do. You do a remarkable job with this site and as such deserve to make what ever the market for your product clears. Infinite value here. Please continue on the current course Mike and thank you very much for extending the privilege of membership to me. Very special thanks for not kicking me out when I've engaged idiots and been a jerk. Thanks also for reviving me when I'm OD'd on hopium.

I do not believe you need to explain yourself or defend what you view as best practice.

Be well Mike

Dan

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@Big Mike,

Foremost, Happy Anniversary and Congrats!!

I have only been here a short period of time, but from the little time I have been here, it is evident that you bust your butt on administering and maintaining this site. When it comes to the forum posts, vendors, etc, you run a tight ship and don't allow the BS that could easily fill up the forums if you were like the other sites, and this is what makes futures.io (formerly BMT) so great - IMHO. Don't change anything that you're doing, except to find a way to take time off and enjoy some "me" time - you deserve it.

What you do here for us traders is appreciated more than words can describe. Keep up the great work, but get some R&R too.

Kevin

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If you do a google search, you'll find this:



It does upset me that spot #2, #3, #4 and #7 are all from banned vendors, and yet they land on the first page of a google search result.

If you go to any of those sites and try to post positive experiences about futures.io (formerly BMT), which HUNDREDS of people have done and told me about, they just get deleted so it's a one sided story.

BTW, if a post is deleted on futures.io (formerly BMT), all users can see the deletion notice. There is NOTHING TO HIDE.

Continuing to page #2 on google search results:



Spot #5 (ripoff report) really irks me. The rip off report was created by a vendor who has created a dozen or so YouTube videos, blog posts, and other articles all over to try and disparage futures.io (formerly BMT). He did this because a futures.io (formerly BMT) user created a vendor review thread about his company, and called them out for their absolutely horrible reputation.

You should go read it, here is the link:

 
Code
http://www.ripoffreport.com/r/Big-Mike-Trading/internet/Big-Mike-Trading-is-using-his-own-board-to-slander-other-traders-online-Internet-1050885
It's a good read and pretty funny when viewed just in passing. Except that some people in this world are truly mentally ill, and devote their entire lives to things like conspiracy theories and the like.

Let's not use this thread to talk about that vendor. I don't want to create a split topic and get side tracked. There is an existing thread for that below, if you want to discuss that vendor:


And with the above, you basically see the exact set of patterns or conditions that happen when someone ends up getting banned on futures.io (formerly BMT). They have their side of the story, and I have mine. I trust everyone can reach their own conclusions after doing their own homework.

So some vendors yell at the top of the mountaintop that futures.io (formerly BMT) is anti-vendor (the ones that have bad reviews here, or have been banned). Yet other vendors have good reviews from members of the community, and have accounts here and post. And get this, about 99% of them aren't even paid sponsors! Can you believe it? I am sure you can, because you are already here.

Changing the subject, and just talking about regular individuals -- do you know how I know I made the right choice after I ban someone for rude behavior on futures.io (formerly BMT)?

A quick search for some colorful language in my inbox lands some results:



I can't remember the specifics of this individual, other than on multiple attempts he was "heckling" or making rude remarks in futures.io (formerly BMT) webinars to presenters. When someone "goes postal" over being banned, then I am quickly reassured it was the right decision In fact, on some occasions I receive a sincere apology from a user after they were banned, and I have zero problems reinstating them.

Some others:







Mike

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Big Mike, thanks for the thread and honest post.

I don't post much here, for the simple reason that i mostly spend my time reading. I am a moderator on another international site, of which I've been a member for nearly 8 years. I am a full time EOD trader, with some time spent so far on intra-day trading with break even success at best, its a tough line of work.

I have been through the beginners cycle, the cycle on which the unscrupulous vendors prey. It is fact that it is easier to make money in the business of trading, than it is to make money in actually trading as a business. When you are a beginner, you are searching for the easy fix, the holy grail. These vendors know this and they making millions selling it to you. There are however, a small percentage of real traders out there that hedge their trading income, by educating and mentoring others. I've been lucky enough to be associated with one for 7 years, and we have become good mates. Most of these people will tell you they do it for two reasons, one: to provide income through the inevitable draw-downs, and two: to give back to the trading community....

When i was introduced to Big Mike's, i was looking for a certain indicator. Another member introduced me, suggesting that it was entirely worth more than the $50. Since then i have learned so much about intra-day trading from the site, money well spent many times over.

I like the site because there is no BS, no praising vendors unless its a real review by trusted members. Things are very easy to find here as well. Off topic comments and mud slinging are not tolerated at all, which i also like.

I've seen almost every popular trading forum there is, been a member on most.....this is the most strictly moderated and its refreshing.

I'm not writing this to blow sunshine at Big Mike, just giving an honest unbiased opinion from someone that has seen allot in the last 7+ years.

Happy Anniversary and thanks for all the effort on the site, it doesn't go unnoticed.

Cheers,


XS

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Thanks for the look backstage, it makes what you've done with the forum even more impressive. I remember when you first started this site - I didn't join right away because I didn't think anyone would be able to create a viable new forum when there were already such large and well established ones. But after a few months I checked in and saw the overall level of discussion was much more consistently serious, and the level of irritation was almost zero. So I joined, and soon hardly ever went to other forums. It's really astonishing what a resource it has become in such a short time.

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Big Mike

First I admit that I have a "sick" sense of humor.

I find hilarious the emails you got from banned members. I am not the one being called names, so you may not find them as funny.

Specially that David from Oil Trading Academy.. his whole strategy for getting the thread about him taken down, was to create a lot bad content about you.. and the come to you begging for mercy )

Anyway.. Congratulations Big Mike for the anniversary. You are a very valuable resource for all traders. Your site has certainly been invaluable to me.

Hector

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Thanks for the great site and all the work that you do Big Mike and congrats on the anniversary. futures.io (formerly BMT) is the best nexus of sharing among traders and favored vendors. I'd prefer some method of member input/voting on favorite vendors in the future, but it's your site and there is no "hate" of vendors, just judicious filtering imo.

Sorry about that Oil Trading Academy guy's rants. Oddly , those videos that pop up on the search engines are the older ones from last year, and not the more recent outrageous ones. Most aspiring traders who have a brain can probably discern the ludicrous theme of his videos, but still.. We need more people to downthumb those youtube videos. Unfortunately the guy is well versed in creating multitudes of fake accounts, messages , and reviews and has had a history of doing so all over the web. But enough votes could help make youtube recognize what's going on with those videos.

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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

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@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

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Tasker_182 View Post
Hey BM,

I can imagine it is a real drama to maintain the integrity and bounce off vendors and others who stink up the place. I've never had a concern about the elite fee and I thought the $50 was well worth it as one of my first expenses (and still do!).

Your efforts are the reason why advertisers want to come here as they know you keep it real and thanks for that!

You wrote a lot and i could write a lot as well but it comes down to this, thanks and carry on futures.io (formerly BMT)!

Thank you. And the advertisers/sponsors have pretty much said the same thing.

Mike

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wldman View Post
futures.io (formerly BMT) well worth it at many times the new cost structure.

I do not know why you feel like you need to answer or address the items in the original post...you do not.

I was an experienced career pro when I came here BUT, that not withstanding I hold futures.io (formerly BMT) as a resource equal or greater in standing than ANY other single beneficial item in the last 20+ years. I don't engage trolls or second quintile IQ's anymore as doing so could get me banned.

You are simply the best at what you do. You do a remarkable job with this site and as such deserve to make what ever the market for your product clears. Infinite value here. Please continue on the current course Mike and thank you very much for extending the privilege of membership to me. Very special thanks for not kicking me out when I've engaged idiots and been a jerk. Thanks also for reviving me when I'm OD'd on hopium.

I do not believe you need to explain yourself or defend what you view as best practice.

Be well Mike

Dan

Thanks Dan. I felt the need to create the thread/posts because I have been silent on the issue up until now, while others are yelling at the top of their mountains.

I just wanted to get my side of the story out, also known as the truth in my eyes .

Mike

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pedalon View Post
@Big Mike,

Foremost, Happy Anniversary and Congrats!!

I have only been here a short period of time, but from the little time I have been here, it is evident that you bust your butt on administering and maintaining this site. When it comes to the forum posts, vendors, etc, you run a tight ship and don't allow the BS that could easily fill up the forums if you were like the other sites, and this is what makes futures.io (formerly BMT) so great - IMHO. Don't change anything that you're doing, except to find a way to take time off and enjoy some "me" time - you deserve it.

What you do here for us traders is appreciated more than words can describe. Keep up the great work, but get some R&R too.

Kevin

Thanks Kevin. I appreciate all the support from you, and from everyone. That is what keeps me going.

But, I am going to slow down a bit. I just can't maintain this current level. I am going to take some time off in July and I also have a 3 week vacation at end of September and beginning of October that I look forward to:



Some people think futures.io (formerly BMT) has a team of moderators. Actually, it's me doing 99% of things. @sam028 is great at helping with fighting spam posts, due to the time zone difference, he is usually on when I am usually asleep. So works great. And that's basically it! @Gary is around with admin rights, but doesn't really do anything with them except report some trouble posts on occasion.

During my vacation I will rely on them to keep everything going as I will be on a cruise ship with limited to no internet access.

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xiaosi View Post
Big Mike, thanks for the thread and honest post.

I don't post much here, for the simple reason that i mostly spend my time reading. I am a moderator on another international site, of which I've been a member for nearly 8 years. I am a full time EOD trader, with some time spent so far on intra-day trading with break even success at best, its a tough line of work.

I have been through the beginners cycle, the cycle on which the unscrupulous vendors prey. It is fact that it is easier to make money in the business of trading, than it is to make money in actually trading as a business. When you are a beginner, you are searching for the easy fix, the holy grail. These vendors know this and they making millions selling it to you. There are however, a small percentage of real traders out there that hedge their trading income, by educating and mentoring others. I've been lucky enough to be associated with one for 7 years, and we have become good mates. Most of these people will tell you they do it for two reasons, one: to provide income through the inevitable draw-downs, and two: to give back to the trading community....

When i was introduced to Big Mike's, i was looking for a certain indicator. Another member introduced me, suggesting that it was entirely worth more than the $50. Since then i have learned so much about intra-day trading from the site, money well spent many times over.

I like the site because there is no BS, no praising vendors unless its a real review by trusted members. Things are very easy to find here as well. Off topic comments and mud slinging are not tolerated at all, which i also like.

I've seen almost every popular trading forum there is, been a member on most.....this is the most strictly moderated and its refreshing.

I'm not writing this to blow sunshine at Big Mike, just giving an honest unbiased opinion from someone that has seen allot in the last 7+ years.

Happy Anniversary and thanks for all the effort on the site, it doesn't go unnoticed.

Cheers,


XS

Hi XS,

Regarding making money in this business, yes I agree with you. And that is very unfortunate. Truly it is. Because what happens is there is an overwhelming number of bad vendors, or what some people call snake oil vendors. It's a disproportionate amount. But, there are still good vendors out there that are working hard to be realistic, honest, and fair. There aren't many of them, for sure. But that is why I have created the new Certified Trustworthy Vendor program, which I laid out a bit here:



I am quite delayed on the project due to having to fire programmers and start over at nearly the end of the original job. But, I will launch it as soon as I can.

Regarding other trading sites, one big problem it would seem is they aren't run by traders. But beyond that, I really can't comment because honestly I do not understand what those guys are thinking or doing. And thus, futures.io (formerly BMT) was born

Mike

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Big Mike View Post
Thanks Dan. I felt the need to create the thread/posts because I have been silent on the issue up until now, while others are yelling at the top of their mountains.

I just wanted to get my side of the story out, also known as the truth in my eyes .

Mike

reading the recent re-posts of obvious losers I do see an entertainment value...thanks for the laughs.

But here is the deal...at least as far as I am concerned...

THE TRUTH IS IT'S OWN ADVOCATE.

It is good to type it out but by all means necessary do not let any of that negative stuff stick to you....let it all pass worthless as it is.

Dan

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futuretrader View Post
Thanks for the look backstage, it makes what you've done with the forum even more impressive. I remember when you first started this site - I didn't join right away because I didn't think anyone would be able to create a viable new forum when there were already such large and well established ones. But after a few months I checked in and saw the overall level of discussion was much more consistently serious, and the level of irritation was almost zero. So I joined, and soon hardly ever went to other forums. It's really astonishing what a resource it has become in such a short time.

Thanks, and I understand. When I first created the site, I had absolutely no idea that "this" would happen. We've become one of the largest trading sites in the world, the #1 site for futures trading specifically, and more than that - it's the sense of community that just doesn't exist elsewhere. I view my role in this as just someone who is laying down a foundation while the rest of members are responsible for getting us where we are today.

Thanks everyone!

Also on a side note, I did a bit of research a while back on the "founding members" of futures.io (formerly BMT). Check it out:


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hectormas View Post
Big Mike

First I admit that I have a "sick" sense of humor.

I find hilarious the emails you got from banned members. I am not the one being called names, so you may not find them as funny.

Specially that David from Oil Trading Academy.. his whole strategy for getting the thread about him taken down, was to create a lot bad content about you.. and the come to you begging for mercy )

Anyway.. Congratulations Big Mike for the anniversary. You are a very valuable resource for all traders. Your site has certainly been invaluable to me.

Hector

Thanks Hector. What I showed was just a small percentage, I didn't search/look very hard. And I don't ban many people (real people that are actually posting, vs spam bots or marketing campaigns). And only a few of them cause any trouble, but I just wanted to share some of it.

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  #19 (permalink)
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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

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Cloudy View Post
Thanks for the great site and all the work that you do Big Mike and congrats on the anniversary. futures.io (formerly BMT) is the best nexus of sharing among traders and favored vendors. I'd prefer some method of member input/voting on favorite vendors in the future, but it's your site and there is no "hate" of vendors, just judicious filtering imo.

Sorry about that Oil Trading Academy guy's rants. Oddly , those videos that pop up on the search engines are the older ones from last year, and not the more recent outrageous ones. Most aspiring traders who have a brain can probably discern the ludicrous theme of his videos, but still.. We need more people to downthumb those youtube videos. Unfortunately the guy is well versed in creating multitudes of fake accounts, messages , and reviews and has had a history of doing so all over the web. But enough votes could help make youtube recognize what's going on with those videos.

Thanks. There is input on favorite vendors, well at least best platform, broker, data feed, etc etc etc. It's the annual futures.io (formerly BMT) Best of Trading:

https://futures.io/bmt-best-of-trading/#2012

Everything is taken from nominations made by futures.io (formerly BMT) members, and then vote results from futures.io (formerly BMT) members. There is even a company listed in those results who is banned on futures.io (formerly BMT) and who I refuse to have anything to do with based on their reputation and actions on futures.io (formerly BMT). Even though I wanted to remove them from consideration, I did not because I want the voting process to be open and honest, and it is.

Regarding the Oil vendor guy, I do not want this thread to get distracted. There is an existing thread to review that vendor.

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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.

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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.

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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?

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@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 didn’t affect yours.

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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 didn’t 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.

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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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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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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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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

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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



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

Mike

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I can't say enough about the rescue, so one more post.

Dallas / Fort Worth Labrador Retriever Rescue Club



That is the "coming soon" page, dogs they've got in during the last week or two for the most part.

Please help if you can.

Dallas / Fort Worth Labrador Retriever Rescue Club

Mike

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  #32 (permalink)
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Lucky we don't live in Dallas my wife would be begging me for another one after seeing these pictures . We already have 2 lab/shepard mix rescues.

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  #33 (permalink)
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I just want to say that I think I get more than my $50 worth here every few days, just in terms of increasing my understanding of the markets from the discussions by and with other traders and the information you make available.

This site is pretty unique, and I am happy to have found it.

As for those who are trying to knock down the door to get in to sell their valueless stuff, or to strut their egos, it's good you keep them out. Everything I have seen here is fair, and is done fairly.

The community is good, the moderation is good, the value added from the webinars and other content is fine; basically, what's not to like?

By all means get some rest time, and thanks for what you have done and are doing.

Bob.

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  #34 (permalink)
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bobwest View Post
I just want to say that I think I get more than my $50 worth here every few days, just in terms of increasing my understanding of the markets from the discussions by and with other traders and the information you make available.

This site is pretty unique, and I am happy to have found it.

As for those who are trying to knock down the door to get in to sell their valueless stuff, or to strut their egos, it's good you keep them out. Everything I have seen here is fair, and is done fairly.

The community is good, the moderation is good, the value added from the webinars and other content is fine; basically, what's not to like?

By all means get some rest time, and thanks for what you have done and are doing.

Bob.

I have 7 more webinars to go this month. Then I may sleep the next month

Mike

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  #35 (permalink)
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mongoose View Post
Lucky we don't live in Dallas my wife would be begging me for another one after seeing these pictures . We already have 2 lab/shepard mix rescues.

That sounds like a great mix. There is a thread here if you want to share pics:



If I had more free time and a bigger house, I would probably get a 4th rescue lab. But this house is so tiny, it's the "post-divorce, change your life" house with no room to even turn around. And it sounds crazy to work from home and yet have no free time, but that is how things have become for me with futures.io (formerly BMT). Like I said earlier though, I've reached a bit of a limit, so I am scaling back so I can devote my time to my own life.

When I move (soon) I will have plenty of room, much more land, pool, and other dog-friendly accessories I look forward to it as well

Mike

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  #36 (permalink)
Singapore
 
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Thank you Mike (and the community) for what you guys have done here. I am a new member to futures.io (formerly BMT) and the only regret I have was not discovering this forum at an earlier date.
The amount I am learning from this site is phenomenal and would far outweigh any expensive "trading course" out there in the market.

Hope you can keep on doing whatever you are doing and know that you are appreciated by the majority and ignore the naysayers!

Cheers,
Gerald

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  #37 (permalink)
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Thanks @Big Mike for another look behind the scenes. To be honest I dont know how you do it. Personally I tend to take things too personally to ever have the strength of will to put up with as much BS as you do.

I read the ripoff report that you posted and watched the youtube videos from that intellectually stunted individual. I had to stop 2mins into the second one before I lost any more of my life that ill never get back. Im sure this is just one of countless examples that you have to put up with.

It is sad that this is the world we live in. Not just in trading, but in all fields people will try to tear down what is good in order to uplift their own agendas. The way you handle it in terms of simply banning where necessary and leaving it at that (instead of publicly dragging them through the mud which they deserve), is further testament to the caliber of futures.io (formerly BMT) and yourself.

In the end, futures.io (formerly BMT) attracts quality traders (and aspiring traders) who will eventually find their way here. To the rest,...'I bite my thumb at thee'

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  #38 (permalink)
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Big Mike View Post
Hey guys,

....

Mike

Seems a bit odd you could get such a label given the facilities they have to promote through webinars - and you offer them the forum to answer questions - very useful IMO - and better tahn banner ads everywhere.

Keep the good work up!

As for the $50 - personally, it's just an issue of the amount of time/value I get from any internet site. I dont spend a lot of time surfing on trading related info, I dont get much new from any internet site. 90% of traders are losers so why would I want to listen to them? Harsh but true I guess. There are a few of course who do add value - such as cashish.

$50 or $100 - It's peanuts to pay if you do get value I guess.

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  #39 (permalink)
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Just a follow-up here that I've opened a new thread on futures.io (formerly BMT) Transparency and Facts:



Mike

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  #40 (permalink)
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A bit embarrassed to admit that I've just discovered this thread from your futures.io (formerly BMT) Transparency and Facts thread. I took a long trade on futures.io (formerly BMT) and it continues to trend up! Thanks for all the background work you do BigMike, this is a unique place.

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  #41 (permalink)
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)
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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)
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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)
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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.

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

thanks
t

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  #46 (permalink)
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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)
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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)
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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)
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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)
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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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  #51 (permalink)
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I appreciate Mike's vigilance against promoting vendors, and think this raises the quality of the forum. I also find it informative if the title 'vendor' is added to the title of posters, because that can help to understand in which capacity they post.

But I was recently wondering when someone is given the title of vendor. Are there any explicit rules for that? I'm asking because I see people who offer services on their website not marked as vendor, while others with similar services are marked as vendor.

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  #52 (permalink)
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Jura View Post
I appreciate Mike's vigilance against promoting vendors, and think this raises the quality of the forum. I also find it informative if the title 'vendor' is added to the title of posters, because that can help to understand in which capacity they post.

But I was recently wondering when someone is given the title of vendor. Are there any explicit rules for that? I'm asking because I see people who offer services on their website not marked as vendor, while others with similar services are marked as vendor.

Most likely what you see as vendors who aren't labeled as vendors is the Market Wizard bug, discussed multiple times on the forum. A market wizard has their vendor label removed, due to a bug, and one that won't be fixed until futures.io (formerly BMT) 5.0. Otherwise, post a username.

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  #53 (permalink)
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Not a great place to put this, but here it is.

I showed someone the futures.io (formerly BMT) YouTube channel today:
[yt]https://www.youtube.com/subscription_center?add_user=BigMikeTrading[/yt]

And to my surprise, the last few webinars now have hundreds of 'dislike' downvotes. I know for a fact it is from a recently banned user (only yet again reinforcing the decision to ban him). There doesn't seem to be any recourse from blocking someone with the technical know-how from doing this.

The problem is, even though most of our YouTube videos have thousands of views, they generally have very few 'likes' (people can't be bothered). But now that this asshole is downvoting all our videos, it will significantly hurt our YouTube reputation. It's just like the other asshole who created the 'rip off report', which is full of lies, but still shows up as one of the first search results on Google.

It isn't a simple "ignore the trouble maker", this is an example of causing real damage.

The bottom line, I am now significantly discouraged from the effort of placing more videos on YouTube. All of the forum responsibilities start to weigh on you after a while, and when one asshole can get away with doing this much damage, I admit to questioning why I fight so hard to try and help others when they can't even be bothered to press the 'like' button.

The only way I know of to counteract the damage he has done is to have hundreds more 'likes' to offset his 'dislikes'. It's up to you now.

Mike

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  #54 (permalink)
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saber86 View Post
Hi bigmike,

I think you have to see it in a different way. Every time some one is talking good or bad about you, you have free publicity! If no one talks about you, you end up closing your business.

Just keep up with the good work,
Saber

That's not how it works. I am talking about YouTube "likes". YouTube ranks videos based on metrics, including likes/dislikes.

Another example would be that one of the best futures.io (formerly BMT) webinars of all time was the recent one with Adam Grimes. If you were randomly browsing YouTube and didn't know of futures.io (formerly BMT), you would likely not watch the video because it has more dislikes than likes now.

I have spent around 1,000 hours or more on webinars, and post most of them to YouTube to make it easy for people to view. If you guys can't press the 'like' button then it's not worth my time to continue doing it, since this one lunatic can wipe out all the 'likes' from these videos in one sitting.

Yes, the real problem is YouTube allowing his multiple fake accounts. But that is not something I can change. What I can change is whether or not I continue posting videos to YouTube.

Mike

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  #55 (permalink)
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Big Mike View Post
Another example would be that one of the best futures.io (formerly BMT) webinars of all time was the recent one with Adam Grimes. If you were randomly browsing YouTube and didn't know of futures.io (formerly BMT), you would likely not watch the video because it has more dislikes than likes now.

To further clarify, that video had about 60-to-1 likes vs dislikes ratio yesterday, and now today that is destroyed. Almost all futures.io (formerly BMT) videos have very high like-to-dislike ratio.

The issue is that when one person (through multiple fake accounts and abuse of YouTube terms) downvotes hundreds of times, we would need thousands of upvotes to counteract that. And that isn't happening, because you guys aren't pressing the like button.

Anyway, I think the answer is to just pull the videos off YouTube or at the very least stop posting new videos to YouTube. You guys can still attend the live webinars.

Mike

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  #56 (permalink)
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I will set some time aside this weekend and run through with my few gmails and like all the videos I can.

futures.io (formerly BMT) videos on Youtube is how I discovered futures.io (formerly BMT).

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  #57 (permalink)
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Just went through and liked about 30 videos. I'll try to do more when I can

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  #58 (permalink)
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just liked a bunch of videos as well.

why not use another platform like vimeo? A previous forum I was part of used vimeo exclusively for their webinars.

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  #59 (permalink)
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TheShrike View Post
Just went through and liked about 30 videos. I'll try to do more when I can

I am not asking anyone to blindly like videos. I am simply asking people to like videos they actually watch, and like, being mindful of what happens when they don't. If everyone had been doing this, there would be no issue.

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  #60 (permalink)
the coin hunter
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I don't go by likes and dislikes at all. I like to form my own opinion by reading comments. I will watch the video if comments are interesting enough. The same way I shop for any thing online I guess.
ps. I do look at number of views, have never looked at the gray out likes/dislikes.

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  #61 (permalink)
CA USA
 
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Big Mike View Post
Anyway, I think the answer is to just pull the videos off YouTube or at the very least stop posting new videos to YouTube. You guys can still attend the live webinars.
Mike

well first,
I appreciate very much how this site is moderated, and hope it continues, so thanks for that

second,
Why do you care about your YouTube rank or Likes/Dislikes??
Maybe just most of us here aren't YouTube users?? I can't even remember my YouTube user name anymore, and i believe you have to be logged in to "like" something correct?

But much more importantly than that, if this weighs on you, get rid of it.

I have approximate answers, possible beliefs and different degrees of certainty of different things. But I'm not absolutely sure of anything and there are many things i don't know anything about.
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  #62 (permalink)
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program View Post
Why do you care about your YouTube rank or Likes/Dislikes??

I already explained it... if you don't understand, you could google it further.

A quick google search:

https://s1129.photobucket.com/user/HDnatureTV/library/?sort=3&page=1


Quoting 
I have lots of stats as I've been under a dislike bot attack from a unethical, now terminated, but now back competitor. I have suffered over 2000 dislikes in 6 months on 60 of my top videos. You can see my analysis here:

https://photobucket.com/HDNATURETV

JUST 9 DISLIKES KILLS 50% YOUTUBE FEATURED AND SUGGEST VIEWS 57% OF TOTAL IN HALF ON A 110K VIEWED VIDEO..

6 MORE DISLIKES JUST 15 TOTAL on REDUCES FEATURED AND SUGGEST TO ABOUT 0.

VIEWS DROP FROM 350 TO 150 PER DAY TO 54 AFTER LAST 6 ATTACKS. WOW!

Mike

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  #63 (permalink)
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since when are you so sensitive to other peoples (uninformed) opinions?
If people don't want to watch a video, b/c the # of dislikes, so be it.

Doesn't mean they're worth less or worthless.

edit: and I perfectly understand the impact of dislikes. But it's really not like the site (or you) is dependant on it's search ranking.
Would be different if you actually made a living from youtube & this site of course.

P.S.: If it's that obvious that this was abuse, just inform youtube - I'm pretty sure they will set that straight.
P.P.S.: I in fact DID vote for the last couple o' videos after your post. I watched them all at some point or another. They just didn't receive a thanks to date b/c I never "thanked" a video before. Ever. Which gives you my position on your webinars.

Cheers
ST

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  #64 (permalink)
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Scalpingtrader View Post
since when are you so sensitive to other peoples (uninformed) opinions?

You are not understanding.

Being killed in YouTube search traffic is very bad for people ever finding futures.io (formerly BMT) content. Like I said in my original post, this has nothing to do with simply ignoring the trouble maker.

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  #65 (permalink)
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My girlfriend is travelling for business and I have nothing better to do this evening then like the video's I have watched! Thanks for giving me something productive to do!

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  #66 (permalink)
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Big Mike View Post
You are not understanding.

Being killed in YouTube search traffic is very bad for people ever finding futures.io (formerly BMT) content. Like I said in my original post, this has nothing to do with simply ignoring the trouble maker.

Mike

I was a bit slow with editing, sorry 'bout that.
I understand the impact of dislikes on the search ranking, but along the lines of above post:
How do you expect people to find futures.io (formerly BMT) content without your youtube channel to begin with?

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  #67 (permalink)
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Scalpingtrader View Post
I was a bit slow with editing, sorry 'bout that.
I understand the impact of dislikes on the search ranking, but along the lines of above post:
How do you expect people to find futures.io (formerly BMT) content without your youtube channel to begin with?

The removal of future recordings will just be until more people are made aware of what is going on, and give them a chance to like videos if they find them useful (and want me to continue uploading them to YouTube).

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  #68 (permalink)
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Scalpingtrader View Post
edit: and I perfectly understand the impact of dislikes. But it's really not like the site (or you) is dependant on it's search ranking.
Would be different if you actually made a living from youtube & this site of course.

futures.io (formerly BMT) is a tiny fraction of my income, but is an ENORMOUS amount of my time. In that respect, I don't like to be wasting time.

Anyway, I will let you guys decide.

Mike

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  #69 (permalink)
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Big Mike View Post
The removal of future recordings will just be until more people are made aware of what is going on, and give them a chance to like videos if they find them useful (and want me to continue uploading them to YouTube).

Mike

Hi Mike, your not the only one dealing with those dislike bots, it's pretty much running rampant on YouTube at the moment. I have a couple of friends who run fairly large channels. They've been experiencing similar strange metrics over the last few months. Dislike bots have turned into a service from most of the like bot providers, it seems it just takes one person with a credit card to create an issue. Google really need's to step there game up and look into complaints as right now there email for complaints is pretty much as good as writing the complaint on a piece of paper and putting it in your garbage can.

Have you thought about using vimeo.com to store the futures.io (formerly BMT) webinars? I know its a paid service, and it doesn't help with search results or people finding futures.io (formerly BMT). But it would let you continue to post webinars for people who could not make them. I know I've only been able to make one webinar due to schedule conflicts but Its been a great tool to watch the replays of them.


Thanks again for what you provide here, I wish the trolls and haters would stop with there antics.

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  #70 (permalink)
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I rarely attend the live webinars, but I watch many of them later on....losing them would be a great loss. I understand what's going on with google rankings and organic traffic but these webinars are a huge value add for new members and us old guys alike.

I'd not sure how to solve your problem but if at all possible the webinars should stay up.

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  #71 (permalink)
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Big Mike View Post
futures.io (formerly BMT) is a tiny fraction of my income, but is an ENORMOUS amount of my time. In that respect, I don't like to be wasting time.

Anyway, I will let you guys decide.

Mike


The part I don't get with any dislike at all is there is no "Get Rich Quick Scheme" here. It took me about an hour of browsing through threads before I decided to become an elite member right off the bat. People here seem to genuinely want to help each other out and know that to get good at something you have to put in the time.

On a similar story, there is a guitar instructor Pebber Brown(has youtube vids and forum)...he gets a lot of flak. You know why? Because he tells people that they will suck forever on the guitar if they don't put in the time, to practice daily, there are no shortcuts, etc. He gives out all these lessons for free and yet you have websites that promise virtuoso ability in 6 months and people pay for it. The flak I think comes from people that have tried his system for 2 weeks, can't stick to it, and then troll him/take their anger out on him.

Usually the people that hate/troll are people that understand they don't have the dedication/desire to put in the time.

I am willing to bet most of your youtube dislikes are people that came on here looking to make quick bucks by reading about an indicator over their lunch hour OR even thinking just by being a member they will have an "edge" and then losing money.

At the end of the day:
When people succeed, people try to drag them down. I have seen this in my everyday life and other people's life.

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  #72 (permalink)
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asdfasdf View Post
I am willing to bet most of your youtube dislikes are people that came on here looking to make quick bucks by reading about an indicator over their lunch hour and then losing money.

99% of our YouTube dislikes appeared in the last 24-48 hours, and are the result of a single banned person using multiple YouTube accounts (or a service as mentioned before).

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  #73 (permalink)
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Big Mike View Post
99% of our YouTube dislikes appeared in the last 24-48 hours, and are the result of a single banned person using multiple YouTube accounts (or a service as mentioned before).

Mike

Shit, my bad. Just caught the tail end of that.

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  #74 (permalink)
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I'd not sure how to solve your problem but if at all possible the webinars should stay up.

You would think a community of 60,000+ wouldn't allow the actions of a single bad person to cause so much damage. There is nothing more I can do, it is literally up to all of you (and YouTube of course, which means don't hold your breath).

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  #75 (permalink)
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Big Mike View Post
I already explained it... if you don't understand, you could google it further.

A quick google search:

HDnatureTV's Library | Photobucket



Mike

thanks for elaborating.
It's an SEO attack

I have approximate answers, possible beliefs and different degrees of certainty of different things. But I'm not absolutely sure of anything and there are many things i don't know anything about.
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  #76 (permalink)
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Big Mike View Post
The removal of future recordings will just be until more people are made aware of what is going on, and give them a chance to like videos if they find them useful (and want me to continue uploading them to YouTube).

Mike

I do hope you will post the videos internally so futures.io (formerly BMT) members can still watch them. As a matter of fact, I had thought that the Elite webinars were not posted to YouTube, at least at one time. Also, can't you turn off the Like/Dislike feature so you don't have to deal with that nuisance? I know I found you when I searched on a phrase and one of your threads appeared - not via YouTube so I don't know how many future members you would lose by not having a huge number of YouTube "likes". Thanks.

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  #77 (permalink)
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I don't post much on this site but read alot. Its sad when someone goes out there way to tear down what you work so hard on.

I must say your website has hurt alot of people ego and most if not all has saved a great deal of money by just reading a few post.... Mainly because it has proven that indicators fail 99.9% of time and vendors we paid for is rip off and they own other sites.

I agree with you that it sucks that Youtube has no way to prevent something like that from happening.

Youtube needs this

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  #78 (permalink)
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If the attack is automated then it may never go away.

If it is not automated then you might delay posting your next webinar then post and see if the attack continues or if the perpetrator has stopped or not.

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  #79 (permalink)
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I'm a newbie here. Just posted my $100 for the Elite yesterday as the first expense for this project and I already consider it well spent. I participated as a non-elite for a couple of weeks and am very impressed.

I have learned more from @Big Mike and the other folks here than I could ever hope to repay!

Mike, I know it's been tough reading the junk and even some criticism here. I am looking forward to participating here as this place does indeed foster community and helpfulness.

I have been a GM on a guild in Wow (several years ago) and was an author of one of the games most popular Add-on for a while. The Drama on that was intense. I can't image the drama & expense that must be involved in operating this site but suspect from the tone of several recent posts that it has been draining.

The last several posts have been about YouTube. I didn't find futures.io (formerly BMT) from YouTube, but I *HAVE* watched several of the Videos. I have used the links from futures.io (formerly BMT) to get to them, not via finding them on YouTube. Even if they don't help folks find you via YouTube, the recorded webinars are one of the top reasons I've joined futures.io (formerly BMT) - I rarely have time to watch a webinar live - and by re-winding I can pick up a nuance or remark that otherwise would go past too fast to catch.

I know most of the folks on this site are supportive of you & your efforts and it saddens me to see you/what you stand for being dragged down. Let us know how we can help and we'll be there - even if it's clicking likes on YouTube!

Blessings,-g

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  #80 (permalink)
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Big Mike View Post
So getting back to Elite... is Elite worth it? There are several threads on this already started by users and you can go do your own research and draw your own conclusions. But for anyone who thinks the answer is no, I will admit that I don't understand.

Don't get me wrong. Some people won't sign up or pay for anything. It has nothing to do with value, it's just because they don't want to pay. But if someone thinks you could spend a better $50 (or soon $100) as a trader, I'd love to hear how
Mike

I signed up a little over a month ago, and have only been active the last several days... But knowing what I know now about other forums/vendors/communities, I would have easily put up $200,000+ (if I had it) for Elite because of the immense value that has been (and I know will be) added to me as I continue to grow and develop into a full-time professional trader

Thank you Big Mike for investing your most valuable resource to make this place what it is - which is of course not the money - but time.


Best,
Portland

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  #81 (permalink)
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  #82 (permalink)
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futures.io (formerly BMT) is the D-O double G undisputed king trading resource on the internet. I am most happy about my $100 membership, it kills the $5000 trading mentorship that I paid a vendor.

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  #83 (permalink)
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I don't get the title , futures.io (formerly BMT) is good but still its full of vendors ...

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  #84 (permalink)
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I don't get the title , futures.io (formerly BMT) is good but still its full of vendors ...

Can you give us some examples of hidden vendors?

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  #85 (permalink)
Amman/Jordan
 
 
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Didnt say hidden ...

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  #86 (permalink)
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Surprise View Post
I don't get the title , futures.io (formerly BMT) is good but still its full of vendors ...

Try reading the thread starting with the first post

Sent from my phone

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  #87 (permalink)
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Big Mike View Post
Try reading the thread starting with the first post

Sent from my phone

Hi Mike.

Just went back and re-read that first post. Of course, I remembered having read it when you made it, and this refreshed my recollection.

Every word is just as true now as then. futures.io (formerly BMT) is a good solid source of information, the predatory vendors and disruptive posters are kept out, and the trivial one-time fee is worth it, as a barrier to people who aren't really interested. It's a good piece of work, and I thank you for it.

Bob.

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  #88 (permalink)
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@bobwest, I think this goes hand in had with the fact that a number of people are trying to find/buy
the magic solution (from a vendor) without wanting to invest the absolutely mandatory minimum time
to get you up to speed, learning to trade is not a easy/quick path

There are both soft and hard skills. books and futures.io (formerly BMT) are full of psychology... the little monster in ourselves..
we want a little bit more ticks and a winning trade turns into a loss
we think it will turn and we wait like a sitting duck for the stop to be hit
there are enough cliches

I think in trading there is no short-cut, there is no silver bullet, there is no absolute miracle
solution.. @Big Mike has repeated it time after time...

still futures.io (formerly BMT) can bolster your journey, if you take the time to read and time to learn
your trading stile is your stile, don't copy any stile
as it might not fit your personality
but learn the building blocks...
step by step..

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mike gives ever vendor a platform to make there case in the court of a public forum. the true facts are most vendors can not trade. but they are sell courses and software for thousands . they are selling trading education as if they can. now vendors do not like that and never will. big mike has saved traders millions from the very bad people in the trading education industry. good work mike...thank god !! there are some very good traders and people on this forum . i wish big mike could put there talent to work and provide expert trading course and or software to the paying members. if not free ,,,at deep discounts prices... a place where someone can go for educational material that has been veted my a team of pros like fat tails. you would now you are not wasting your time or money on b.s.....this would put a end to the rain of the these trading vendors that should be in jail for the most part.

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forgiven View Post
mike gives ever vendor a platform to make there case in the court of a public forum. the true facts are most vendors can not trade. but they are sell courses and software for thousands . they are selling trading education as if they can. now vendors do not like that and never will. big mike has saved traders millions from the very bad people in the trading education industry. good work mike...thank god !! there are some very good traders and people on this forum . i wish big mike could put there talent to work and provide expert trading course and or software to the paying members. if not free ,,,at deep discounts prices... a place where someone can go for educational material that has been veted my a team of pros like fat tails. you would now you are not wasting your time or money on b.s.....this would put a end to the rain of the these trading vendors that should be in jail for the most part.

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