What would happen if BMT switched to 100% pay model - Feedback and Announcements | futures io social day trading
futures io futures trading


What would happen if BMT switched to 100% pay model
Updated: Views / Replies:5,545 / 72
Created: by Big Mike Attachments:0

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors – all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you don’t need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Closed Thread
 
Thread Tools Search this Thread
 

What would happen if BMT switched to 100% pay model

  #11 (permalink)
Market Wizard
Sarasota FL
 
Futures Experience: Intermediate
Platform: NinjaTrader, Sierra Chart
Favorite Futures: ES
 
Posts: 3,641 since Jan 2013
Thanks: 26,773 given, 11,131 received
Forum Reputation: Legendary


Big Mike View Post
Thanks Bob. As it exists today, guests cannot view post attachments/images. They can see post content. This is for non-Elite content only. When a member joins (non-Elite, still) they can view attachments/images, and can now also post (non-Elite sections only).

Mike

I added just now an additional point to my post, which is that if non-Elites could not post, and only could read non-Elite content, then soon there would be no non-Elite content being posted, and so there would be nothing new at least for them to read.

It seems that they would then have no incentive to want to join, since everything on the site would be unknown to them.

Bob.

The following user says Thank You to bobwest for this post:
 
  #12 (permalink)
Elite Member
Houston, TX
 
Futures Experience: None
Platform: TOS, Ninja
Favorite Futures: TBD
 
shanmugs's Avatar
 
Posts: 70 since Dec 2010
Thanks: 56 given, 108 received

Free site was what got me here first. IMHO, the current winning model should remain to bring in valuable future members. Tweaks are OK.

 
  #13 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 46,240 since Jun 2009
Thanks: 29,357 given, 83,237 received



bobwest View Post
I added just now an additional point to my post, which is that if non-Elites could not post, and only could read non-Elite content, then soon there would be no non-Elite content being posted, and so there would be nothing new at least for them to read.

It seems that they would then have no incentive to want to join, since everything on the site would be unknown to them.

Bob.

This is a good point. The thought process was that right now there is a 'line' with Elite and non-Elite content, and it makes for a disorganized forum structure where two sections exist for many topics, just because many people want to keep the better content private/away from members who aren't really serious.

It would be nice to do away with that divide, by making everything Elite only.

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.

The following user says Thank You to Big Mike for this post:
 
  #14 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 46,240 since Jun 2009
Thanks: 29,357 given, 83,237 received

From the value perspective, there are vendors out there charging $100 for one indicator. They are charging for trading rooms, $100 a month. And so on, so forth, for more examples. On futures.io (formerly BMT) there are tens of thousands of indicators and more discussion than you would ever get in a 'trading room', so I am a little perplexed on the argument of not seeing the value of membership unless you can actively participate in it first.

I base this solely on looking at how many people buy things from vendors without any trial and without any real value. It doesn't seem to stop them.

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.

The following user says Thank You to Big Mike for this post:
 
  #15 (permalink)
Elite Member
Austin, TX
 
Futures Experience: Intermediate
Platform: F-16CM-50
Favorite Futures: JDAM
 
tturner86's Avatar
 
Posts: 5,784 since Sep 2013
Thanks: 9,849 given, 11,160 received
Forum Reputation: Legendary


Big Mike View Post
From the value perspective, there are vendors out there charging $100 for one indicator. They are charging for trading rooms, $100 a month. And so on, so forth, for more examples. On futures.io (formerly BMT) there are tens of thousands of indicators and more discussion than you would ever get in a 'trading room', so I am a little perplexed on the argument of not seeing the value of membership unless you can actively participate in it first.

I base this solely on looking at how many people buy things from vendors without any trial and without any real value. It doesn't seem to stop them.

Mike

I absolutely agree. Best $100 ever spent. And I believe if you can't afford that then you can't afford to trade.

The following 2 users say Thank You to tturner86 for this post:
 
  #16 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 46,240 since Jun 2009
Thanks: 29,357 given, 83,237 received


tturner86 View Post
I absolutely agree. Best $100 ever spent. And I believe if you can't afford that then you can't afford to trade.

I happen to agree with you, but I see a few responses (and have seen similar posts in the past) about how people were only convinced after seeing free content. I'm trying to better understand that argument, because it goes completely against what I've seen take place in the vendor section of futures.io (formerly BMT) for over 5 years.

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.

 
  #17 (permalink)
Elite Member
Austin, TX
 
Futures Experience: Intermediate
Platform: F-16CM-50
Favorite Futures: JDAM
 
tturner86's Avatar
 
Posts: 5,784 since Sep 2013
Thanks: 9,849 given, 11,160 received
Forum Reputation: Legendary


Big Mike View Post
about how people were only convinced after seeing free content. I'm trying to better understand that argument

lol Think about it @Big Mike. If you are non elite, you are only gonna be able to see 'free' content. Therefor the free content is what is gonna convince you to convert to elite. As a non elite you can't see the elite content so you can only judge futures.io (formerly BMT) by the free content. If that makes sense. You can't judge futures.io (formerly BMT) by something you can't see...

The following user says Thank You to tturner86 for this post:
 
  #18 (permalink)
Elite Member
Chicago, IL
 
Futures Experience: Intermediate
Platform: ThinkorSwim, NT7/8
Broker/Data: TDA, Doorman/NTB
Favorite Futures: index,energy
 
Posts: 24 since Aug 2014
Thanks: 78 given, 25 received


Big Mike View Post
I happen to agree with you, but I see a few responses (and have seen similar posts in the past) about how people were only convinced after seeing free content. I'm trying to better understand that argument, because it goes completely against what I've seen take place in the vendor section of futures.io (formerly BMT) for over 5 years.

Mike

What about if you came up with a 2 week trial system of some sort so users can see what the site is about, that should be more than enough time to see the value of your site?

I agree with tturner86, if you can't afford 100$ then you have no business trading.

AEM

 
  #19 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 46,240 since Jun 2009
Thanks: 29,357 given, 83,237 received


tturner86 View Post
lol Think about it @Big Mike. If you are non elite, you are only gonna be able to see 'free' content. Therefor the free content is what is gonna convince you to convert to elite. As a non elite you can't see the elite content so you can only judge futures.io (formerly BMT) by the free content. If that makes sense. You can't judge futures.io (formerly BMT) by something you can't see...

Yes I understand, but look at the typical vendor. When someone pays money for an indicator or for a trading room or for a set of training videos, they see only a screenshot or similar for representation. They don't get to see 200,000 free posts.

I can create a "What's inside futures.io (formerly BMT)" document and show screenshots of indicators, screenshots of methodologies, screenshots of webinars... you get the idea, with thousands of indicators, thousands of methods, hundreds of webinars -- I have a hard time believing people would refuse to sign-up simply because they can't see the content. That argument doesn't make sense when you look at what people are doing with existing vendors in the trading marketplace.

If I am wrong, please help me understand.

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.

The following user says Thank You to Big Mike for this post:
 
  #20 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 46,240 since Jun 2009
Thanks: 29,357 given, 83,237 received



aem14 View Post
What about if you came up with a 2 week trial system of some sort so users can see what the site is about, that should be more than enough time to see the value of your site?

I agree with tturner86, if you can't afford 100$ then you have no business trading.

AEM

So basically like it is today, except your free membership would expire after a set time? I like this idea and have had similar thoughts in the past. The side effect of this idea is that it incentives all the troublemakers to create duplicate accounts, and duplicate accounts is something I spend far too much time on already.

Unless this would be a read-only free trial, with no posting capability.

And let me emphasize, no free trial will ever include Elite content.

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.

The following 2 users say Thank You to Big Mike for this post:

Closed Thread



futures io > > > What would happen if BMT switched to 100% pay model

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Jigsaw Trading: TBA

Elite only

FuturesTrader71: TBA

Elite only

NinjaTrader: TBA

Jan 18

RandBots: TBA

Jan 23

GFF Brokers & CME Group: Futures & Bitcoin

Elite only

Adam Grimes: TBA

Elite only

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Interested In Opinions of Sierra Chart Users Who Switched From Multicharts Gedman Sierra Chart 26 November 25th, 2014 05:34 PM
Wolf of Wall Street Belfort Is Aiming for $100 Million Pay kbit News and Current Events 0 May 20th, 2014 10:24 PM
100,000 trades for BMT Big Mike Traders Hideout 229 July 5th, 2012 02:17 PM
Interested In Opinions of Multicharts Users Who Switched From Sierra Chart Gedman MultiCharts 1 February 27th, 2012 08:10 AM
Public Pension Fund Targets Over 100 Firms on CEO Pay Quick Summary News and Current Events 0 October 14th, 2011 09:30 PM


All times are GMT -4. The time now is 10:57 AM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2017-12-18 in 0.14 seconds with 19 queries on phoenix via your IP 54.226.113.250