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Why Elite?
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Why Elite?

  #11 (permalink)
Elite Member
Miami FL USA
 
Futures Experience: Advanced
Platform: Ensign 10, NT7 DOM
Broker/Data: IB, IQ
Favorite Futures: Currency Futures
 
Cashish's Avatar
 
Posts: 803 since May 2011
Thanks: 811 given, 2,103 received


KosherTrader View Post
No one addressed the 100% Elite member price increase rolled out recently.

I put $74.00 worth of gasoline in my car this morning,,,,,,,, I hope it lasts FOREVER.

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  #12 (permalink)
Elite Member
Ukraine
 
Futures Experience: Beginner
Platform: NinjaTrader
Broker/Data: Mirus Futures/Zen-Fire
Favorite Futures: EUR/USD
 
artvilli's Avatar
 
Posts: 10 since Feb 2013
Thanks: 3 given, 0 received


KosherTrader View Post
I see the price is at $100/mo, I thought it was at $50 a few weeks ago. I don't think it's been adequately explained why some posts / downloads are only accessible to Elite members. I had read it was due to prevent indicators from being widely disseminated..but lots of good posts seem Elite only. Please explain why this is, then I will gladly subscribe if this is adequately explained.

Elite is a community that supports Mike in his desire to keep this resource. I think that its cost can be measured in the thousands. Believe me I have read a lot but nothing like this is not found.

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  #13 (permalink)
Fiddler
Nashville, TN
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: IB
Favorite Futures: NQ ES
 
Posts: 468 since Feb 2011
Thanks: 323 given, 542 received



KosherTrader View Post
Good points. No one addressed the 100% Elite member price increase rolled out recently.

I'm clearly in the minority and I respect the way things are done here. However I believe strongly in the concept of open information on the internet. I'd rather buy a Big Mike Trading coffee cup and t-shirt and have all the threads open.

Think about it this way...as a member of a walled garden (a cheap 2 ES point garden)...I might be willing to share more because it is not fully public. By sharing that extra bit of information, I might find someone with similar experience or interest that will add additional value. I share here because others share back.

Also, there aren't people here hounding me trying to get something for nothing. That is what the wild wooly internet is good for...lol

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  #14 (permalink)
Elite Member
las vegas
 
Futures Experience: Intermediate
Platform: Sierra Chart
Broker/Data: Velocity/IB
Favorite Futures: 6E
 
Posts: 1,147 since Feb 2010
Thanks: 304 given, 836 received

Complete waste of money IMHO. First, it doesn't get you any chicks. They say it will, but they lie. Second of all, you still have to wait in line at the store. There really is no speedy checkout just for elite members. Again, another lie. Thirdly, you are supposed to be eligible to win fabulous prizes and vacations. I never won nuthin. Fourthly, you are supposed to have complimentary beer and steak delivered to your door after a hard day's trading. But again, never happened once. And if you put in a support request to find out what happened to your cold brew and steak dinner...yeah that's right, nuthin. But hey, if none of that is important to you, then I guess it's worth it.

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  #15 (permalink)
Elite Member
Philadelphia
 
Futures Experience: None
Platform: corded black telephone
Favorite Futures: ticker tape
 
Itchymoku's Avatar
 
Posts: 2,892 since Apr 2012
Thanks: 1,681 given, 3,622 received

Don't believe everything you read online. The price change was made months ago because the valuation of what you get was more than initially thought. Good posts are made elite because they're for people who're serious about their trading.

simply put: elite membership is worth the membership irregardless of the downloads because the community is great and vast even if you find a mean person here or there, there are a plethora of webinars and educational threads, and you can get almost any obscure question answered as there are many experienced traders that'll give you their input free of cost.


Last edited by Itchymoku; September 26th, 2013 at 10:08 AM.
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  #16 (permalink)
Market Wizard
Bangkok
 
Futures Experience: Intermediate
Platform: MultiCharts.NET, S5, Ninj
Broker/Data: AMP, S5, IB
Favorite Futures: ES
 
DionysusToast's Avatar
 
Posts: 2,673 since Nov 2010
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Forum Reputation: Legendary


KosherTrader View Post
I see the price is at $100/mo, I thought it was at $50 a few weeks ago. I don't think it's been adequately explained why some posts / downloads are only accessible to Elite members. I had read it was due to prevent indicators from being widely disseminated..but lots of good posts seem Elite only. Please explain why this is, then I will gladly subscribe if this is adequately explained.

Perhaps because this is a business?

Do you expect Mike to put his time into maintaining this forum for free?

Do you think the hosting companies give him space for free?

It used to be $50, it went up to $100.

You can pay, you can not pay, you can whinge but before you whinge more, I would ask you to reflect on how far whinging has gotten you in the past.

If you have any questions about the products or services provided, please send me a Private Message or use the futures.io "Ask Me Anything" thread
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  #17 (permalink)
Elite Member
Chicago Illinois USA
 
Futures Experience: Advanced
Platform: Ninja Trader
Broker/Data: IB
Favorite Futures: duh hammer!
 
wldman's Avatar
 
Posts: 2,077 since Aug 2011
Thanks: 971 given, 2,641 received

Hey...

it is $100 ONCE for lifetime status.

Mike has his reasons and someone else can share those with you.

As for me personally, I will not engage at all with anyone who has not paid their "dues" for elite access. I won't read their posts or spend any time with someone that does not see or understand the inherit value of the futures.io (formerly BMT) community.

The something for nothing crowd is typically "as advertised".

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  #18 (permalink)
Elite Member
Philadelphia
 
Futures Experience: None
Platform: corded black telephone
Favorite Futures: ticker tape
 
Itchymoku's Avatar
 
Posts: 2,892 since Apr 2012
Thanks: 1,681 given, 3,622 received


DionysusToast View Post
Perhaps because this is a business?

Do you expect Mike to put his time into maintaining this forum for free?

Do you think the hosting companies give him space for free?

It used to be $50, it went up to $100.

You can pay, you can not pay, you can whinge but before you whinge more, I would ask you to reflect on how far whinging has gotten you in the past.

exactly, it's supply and demand. Mike has done well with the website and is ready to retire so losing customers due to them not wanting to pay an extra 50 dollars probably isn't much of an issue. If he wanted to he could hike it up even higher as the website is probably worth more but he's not because he cares. I believe it was even considered to make the website private to the public as there are already enough users to keep it going. I'd definitely suggest signing up if you plan on trading for a career because it's a one time only fee. You could easily lose 100 dollars in a day trading if not on one trade, so the membership fee is practically insignificant. I've met people on here that I've been good friends with who share the same interests that I probably wouldn't of been able to find anywhere else.

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  #19 (permalink)
Market Wizard
Bangkok
 
Futures Experience: Intermediate
Platform: MultiCharts.NET, S5, Ninj
Broker/Data: AMP, S5, IB
Favorite Futures: ES
 
DionysusToast's Avatar
 
Posts: 2,673 since Nov 2010
Thanks: 777 given, 8,742 received
Forum Reputation: Legendary

I think you have to focus on what you get for the money, not what happens to the money after it leaves your account.

I dropped IRT and switched from IQFeed to Kinetick when I joined futures.io (formerly BMT) because I got the GOMI tools from the site.

That saved me about $100 a month.

I also got the excellent PriceActionSwing which I adapted and incorporated into my trading. I can't begin to put a value on this.

On top of that, I have given the details of how I use these tools to others and they are now using them too.

If you have any questions about the products or services provided, please send me a Private Message or use the futures.io "Ask Me Anything" thread
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  #20 (permalink)
Banned: Negative attitude, troll
Winchester VA/USA
 
Futures Experience: Intermediate
Platform: ThinkOrSwim
Favorite Futures: Stocks
 
Posts: 57 since Aug 2013
Thanks: 17 given, 11 received


I've never encounter a pay-to-access-the-best-threads internet forum before. I think it does deserve some explanation.

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