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FIO Transparency and Facts
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Created: by Big Mike Attachments:1

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FIO Transparency and Facts

  #21 (permalink)
Market Wizard
Switzerland
 
Futures Experience: Intermediate
Platform: Investor/RT
Broker/Data: IB / DTN
Favorite Futures: Futures
 
Posts: 4,128 since Feb 2012
Thanks: 3,780 given, 7,650 received
Forum Reputation: Legendary

LinkedIn


Big Mike View Post
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.

A snippet out of LinkedIn here:

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


Could make sense to subscribe to LinkedIn for making some cross-checks on persons affiliated with companies
as most of these connected do have a profile there...

GFIs1

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  #22 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 46,238 since Jun 2009
Thanks: 29,350 given, 83,219 received


sands View Post
Any comments on the main reasons why people are banned here?

I handle the majority of banning. Users are banned if they do not follow forum rules and guidelines.

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

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  #23 (permalink)
Elite Member
Aurora, Il USA
 
Futures Experience: Advanced
Platform: TradeStation
Favorite Futures: futures
 
kbit's Avatar
 
Posts: 5,872 since Nov 2010
Thanks: 3,301 given, 3,332 received


Big Mike is only the front man on this site, it is really being run by his dogs.....you can't fool me !

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  #24 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 46,238 since Jun 2009
Thanks: 29,350 given, 83,219 received


kbit View Post
Big Mike is only the front man on this site, it is really being run by his dogs.....you can't fool me !

True.

Unfortunately, Molly, my six year old female yellow lab, is scheduled for emergency surgery in a few hours for a herniated or ruptured disc. She is in some pain. Also painful for me to watch, plus at my limit right now with just 13 days until I leave the country. Not to mention Amp's lawsuit against the site having to deal with.

Wish us both luck.

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

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The following 3 users say Thank You to Big Mike for this post:
 
  #25 (permalink)
Elite Member
Aurora, Il USA
 
Futures Experience: Advanced
Platform: TradeStation
Favorite Futures: futures
 
kbit's Avatar
 
Posts: 5,872 since Nov 2010
Thanks: 3,301 given, 3,332 received


Big Mike View Post
True.

Unfortunately, Molly, my six year old female yellow lab, is scheduled for emergency surgery in a few hours for a herniated or ruptured disc. She is in some pain. Also painful for me to watch, plus at my limit right now with just 13 days until I leave the country. Wish us both luck.

Mike

Very sorry to hear that about Molly, if I recall she's the one with occasional seizures as well.
I hope all goes well and wish a speedy recovery !
That being said, I wish you well too BM...it will all work out.

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  #26 (permalink)
Elite Member
London + UK
 
Futures Experience: Advanced
Platform: Proprietary Analytics
Broker/Data: Multiple broker + Multiple feed
Favorite Futures: Currently European and US equities
 
sands's Avatar
 
Posts: 432 since Dec 2013
Thanks: 223 given, 205 received


Big Mike View Post
I handle the majority of banning. Users are banned if they do not follow forum rules and guidelines.

Mike

Ok thanks Big Mike. Be active and follow the rules ;-) I couldn't find then in the search can you kindly post a link.

Best wishes for your dog hope everything goes well.

Sand.

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  #27 (permalink)
Elite Member
Lehrte, Germany
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: PTP / Rithmic
Favorite Futures: NQ
 
Daytrader999's Avatar
 
Posts: 1,159 since Sep 2011
Thanks: 1,137 given, 1,565 received


sands View Post
Be active and follow the rules ;-) I couldn't find then in the search can you kindly post a link.

You can find the forum rules in the Disclaimer link at the very bottom of the main page:

https://futures.io/disclaimer/

@Big Mike: Wish you all the best, I hope Molly gets well soon !

"If you don't design your own life plan, chances are you'll fall into someone else's plan. And guess what they have planned for you? Not much." - Jim Rohn
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The following user says Thank You to Daytrader999 for this post:
 
  #28 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 46,238 since Jun 2009
Thanks: 29,350 given, 83,219 received

Another thread:
https://futures.io/traders-hideout/36229-ripoff-reports.html

Recently raised the question about futures.io (formerly BMT) being a scam due to some other websites filled with reports from banned futures.io (formerly BMT) members (mostly vendors who were caught lying). So I wanted to share some numbers:

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


That report shows the number of "chargebacks" on futures.io (formerly BMT) since the site opened June 2009. Basically it shows the number of times an Elite Membership was cancelled because the buyer disputed the charge.

It's something like 25 times over 6 years. And there are over 10,000 futures.io (formerly BMT) Elite Members (out of 70,000 members total). That's 0.002%.

Before you try and do the math, keep in mind a lot of these people paid only $25, even more paid $50, far less have paid the current $100. There is another thread that discusses why the price goes up, but short version is to maintain quality of the site by keeping the majority of non-serious people away.

Last thing I want to say -- some people are jealous of futures.io (formerly BMT)'s success, which causes them to respond negatively or say false things about futures.io (formerly BMT) or me. Some of these people claim I only make money off the site and not trading. I've proven this to be false, I shared many months of real-time live trades, daily statements, broker statements, trading statistics and etc in my thread that clearly show I make far more trading than I do off futures.io (formerly BMT). The facts speak for themselves.

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote
The following 5 users say Thank You to Big Mike for this post:
 
  #29 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 46,238 since Jun 2009
Thanks: 29,350 given, 83,219 received

As of today, there are 505k posts on the site.

79% of these posts are contributed by Elite Members.
14% are from Market Wizards (which are Elite Members, but I broke this out separately).
7% of these posts are contributed by non-Elite Members.

It is important to note that this is determined by whether they are Elite right now. They could have been non-Elite at time of post, then later became Elite. If so, they are included in the Elite group number. Same for Market Wizard, it's as of right now.

I include my posts and @sam028's in with Elite.

So for all the post content you see on the site, 93% of it is courtesy Elite Members. Only 7% is non-Elite Members.

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote
The following 4 users say Thank You to Big Mike for this post:
 
  #30 (permalink)
Just a boy
Auckland, New Zealand
 
Futures Experience: Beginner
Platform: Sierra Chart
Broker/Data: AMP/CQG
Favorite Futures: Whatever moves in my timezone
 
Posts: 1,803 since Sep 2009
Thanks: 3,165 given, 1,372 received



Big Mike View Post
As of today, there are 505k posts on the site.

79% of these posts are contributed by Elite Members.
14% are from Market Wizards (which are Elite Members, but I broke this out separately).
7% of these posts are contributed by non-Elite Members.

It is important to note that this is determined by whether they are Elite right now. They could have been non-Elite at time of post, then later became Elite. If so, they are included in the Elite group number. Same for Market Wizard, it's as of right now.

I include my posts and @sam028's in with Elite.

So for all the post content you see on the site, 93% of it is courtesy Elite Members. Only 7% is non-Elite Members.

Mike

At Mike's request, cross posted from the other thread:

"And to compare that to ... what % of members are Elite? Do I recall you saying once before it was about 6,000 ie about 9% of members.

So, .... 9% of members contributed collectively 93% of the posts.

Sound about right???"

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