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How much is BMT Elite Membership worth?
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How much is BMT Elite Membership worth?

  #11 (permalink)
Site Administrator
Manta, Ecuador
 
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fadyvictor View Post
no doubt that this forum is offering a powerful learning material + indicators, which are very precious and priceless, but i chose 50$ for the premium membership as i think 50$ is a reasonable amount for any trader specially newbies that are hungary to get information and knowledge in forex, that i do believe that they will find it here in BIgMikes
so the price will be encouraging to upgrade

Interesting how you could place value on something that you don't have access to and are unable to appraise. It seems to me the only way to really place value on it is to either be an Elite Member, or to look at what other Elite Members value it at.

I just thought it was odd that you value it at $50 without even really knowing what it is.

Mike

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

Need help?
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  #12 (permalink)
Elite Member
Holland, Michigan
 
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Big Mike View Post
Interesting how you could place value on something that you don't have access to and are unable to appraise. It seems to me the only way to really place value on it is to either be an Elite Member, or to look at what other Elite Members value it at.

I just thought it was odd that you value it at $50 without even really knowing what it is.

Mike

Great point.

Rick

"If you're going to panic during a trade............. panic early."
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  #13 (permalink)
Elite Member
Lubbock TX
 
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fadyvictor View Post
no doubt that this forum is offering a powerful learning material + indicators, which are very precious and priceless, but i chose 50$ for the premium membership as i think 50$ is a reasonable amount for any trader specially newbies that are hungary to get information and knowledge in forex, that i do believe that they will find it here in BIgMikes
so the price will be encouraging to upgrade

The question is how much is futures.io (formerly BMT) elite membership worth to you NOT how much will you pay. There's a difference. Being as you aren't an elite member I think it is impossible for you to value it's worth. Take a look at all the responses so far of people who are elite members and you will see what we think of it's worth.

I think it's priceless and I'm not saying I will pay ANY price for it because I won't. There is a limit to what I will pay for anything. But elite access is an incredible resource. Better than ANY trading book out there by far.

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  #14 (permalink)
Banned: trolling
NYC + NY / USA
 
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PandaWarrior View Post
I paid $25 back in the day so I could get an indicator recommended by a vendor (who by the way recommend futures.io (formerly BMT) as a cool place to hang out). I left the vendor and stayed at futures.io (formerly BMT).

I think the primary benefit one gets from the site is perspective. This is such an isolating business that's is great to have other people's outlook and opinions.

The next big thing for me has been acquaintances and friends I've made from around the world. In no other avenue would this have been possible.

From a money standpoint, it's near impossible to put a price on the content here.....so priceless is perhaps my best attempt.

+1 (@pandawarrior)

in fact, in another thread, I said similar comments (Wall Street Code)

outstanding place, where participants who would never even know, the other guy on the Metro North commuter train that they see every day / other day on the platform, really are heads in trading firms or on their decision making chairman level; on threads like these, we associate.

under normal circumstances, that would never happen, but here on this outstanding forum, we do!

other platforms (Elitetrader.com in particular) have members and participants, but nothing of this caliber, integrity and grit or gravitas. I often found it hard to believe those were real people over there, with their unverified comments, other than blowhard and bluff. even some on these threads are of the same ilk. then there are the real traders and those really making it, and those of integrity, worth associating with. pound for pound, futures.io (formerly BMT) outweighs the competition and the other sites.

Priceless!

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  #15 (permalink)
Elite Member
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The value is obviously priceless, but it is something that grows on you. The more time you spend the more valuable the forum becomes. It might not be initially apparent to people who first join because most of them are just trying to make a quick buck and therefor trying to spend as little time as possible to get there. From a business perspective I know you make your living trading and lowering the price would just allow more people like detroitmoney/powerbroker in and thus cause more trouble than what it's worth. On the other hand increasing the price over 100 would put too much responsibility in your court to appease the picky ones who think they've spent too much and didn't get what they're looking for. Idk man, It's really a balance of these two ideas. Personally I think the latter is less of a problem considering what else the internet has to offer and how expensive other people price their systems. The other thing is that most forums are free and it kind of creates a dilemma where people who are thinking about joining are kind of confused as to what the price is for and what magic lies beyond, it's almost like they expect a system. It's hard to convey the magic, but there is magic sauce here. A lot of the themes here are a tough pill for beginners to swallow considering they want the holy scalping grail. All I know is that I've become more profitable by being here and I enjoy my time on the forum so to me it's priceless from my perspective because I literally have made more being here than I've spent and hope to continue.

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  #16 (permalink)
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Itchymoku View Post
The value is obviously priceless, but it is something that grows on you. The more time you spend the more valuable the forum becomes. It might not be initially apparent to people who first join because most of them are just trying to make a quick buck and therefor trying to spend as little time as possible to get there. From a business perspective I know you make your living trading and lowering the price would just allow more people like detroitmoney/powerbroker in and thus cause more trouble than what it's worth. On the other hand increasing the price over 100 would put too much responsibility in your court to appease the picky ones who think they've spent too much and didn't get what they're looking for. Idk man, It's really a balance of these two ideas. Personally I think the latter is less of a problem considering what else the internet has to offer and how expensive other people price their systems. The other thing is that most forums are free and it kind of creates a dilemma where people who are thinking about joining are kind of confused as to what the price is for and what magic lies beyond, it's almost like they expect a system. It's hard to convey the magic, but there is magic sauce here. A lot of the themes here are a tough pill for beginners to swallow considering they want the holy scalping grail. All I know is that I've become more profitable by being here and I enjoy my time on the forum so to me it's priceless from my perspective because I literally have made more being here than I've spent and hope to continue.

Just to clarify, I am not exploring any option involving increasing the price. This was just a feedback poll/thread.

Although I will state, and have said before in the other threads about transparency and facts and such, that the entire Elite Member philosophy is in fact to keep the "problem" users out and keep the signal-to-noise ratio low, so that ultimately the ones that are here want to be here, have a stake of ownership in the communities survival, and therefore treat it, and its members, with respect.

Thx.

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
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  #17 (permalink)
Elite Member
North America
 
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How much is BMT Elite Membership worth?


GFIs1 View Post
Interesting and very individual question. Answer will be for every member different.
Count more different answers than Elite members

There are so many members waiting for new "free" indicators...

..but from my point of view: the contact to traders from around the world who are
interested in the same trading questions

IS PRICELESS

GFIs1

Agreed .....

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  #18 (permalink)
Elite Member
Scottsdale, Arizona, USA and Puerto Penasco, Mx
 
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Platform: Ninja 7, TOS
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Posts: 37 since Nov 2013
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Ultra newbie here still in the evaluation stage.

Because the search capability on this forum will not work on my 2013 Samsung Note 10.1 with Android 4.1.2 I have not been able to read very much. On first impression though I would have to say that lifetime access is fairly priced. The only other forum that I paid for was a Porsche membership for 25.00. That has proved to definitely be a deal!

Although I don't know why search will not work here it does work fine on other forums using the tablet.
Thanks,
Doug


Last edited by DougN; December 6th, 2013 at 06:22 AM. Reason: spelling
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  #19 (permalink)
Market Wizard
virginia
 
Futures Experience: Intermediate
Platform: ninja
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Posts: 5,220 since Jun 2009
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16 want to pay 1K fee I say let them pay and use the surplus to grant free memberships to those who can't afford it.

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  #20 (permalink)
Banned: Rude behavior, working against community
san diego
 
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Platform: Ninja
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Ny $.02


Honest evaluation of vendors and exposing their tricks == priceless
Member participation with constructive feedback == priceless
psychology == priceless
webinars == priceless
No drama == priceless
Setting realistic trading expectations == priceless

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