Sure - every user of futures.io (formerly BMT) has / had once to check the benefits of paying.
Saying this you need to see: "Is the glass half full or half empty?"
On futures.io (formerly BMT) you can access 2/3rd of the content really for free - if more interest is there.. you pay a one time fee.
Have a look at current statistics here (from the homepage):
Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).
One can see that at this time about 50% are members, and 50% are guests online.
Over the past 24 hours there were 4,6k guests and 1,5k members accessing futures.io (formerly BMT).
Conclusion: Many futures.io (formerly BMT) readers are happy with what they get - without paying - otherwise they would not log in..
I think you have recieved some great points for why to join elite. These responses should be more than enough for to join. You have recieved responses from some very intellegent people here. That point alone should speak to you.
With that being said, let me tell you a few of the things I have gained from being an elite member.
I was new to ninja trader and I was looking for the traders dynamic index. The Ninja platform didn't have it available. So I found that Big Mike's had it. I spent the money to join for that one reason alone. I thought it was a bargain since it helps me with entries and exits in my trading.
There are a ton of generous people here that share their experience and ideas freely. That is worth more than $100.
I see you use think or swim. There are some excellent traders on here that use TOS as well that you could learn/glean from (mfbreakout for example) .
The following user says Thank You to dnkhoward2 for this post:
IMO some of the most informative threads aren't even in the elite section, being an elite member is more a show of support in your community. For me it was simple, I was happy to fork over a couple bucks to support a community that is well regulated, well organized, and with a high wheat to chaff ratio.
"If I agreed with you, we'd both be wrong."
The following 2 users say Thank You to addchild for this post:
".... pay-to-access-the-best-threads ..." if you have formed this opinion from the few responses posted in this thread, then maybe an elite membership ain't for you. I don't "think" it does deserves or requires any explanation, what's there to explain? It's simply a choice YOU have to make, do you choose to support the community or not? Let's move on to more intelligent conversation, like why does a bag of potato chips cost $4.00 and an order of fries that weigh 3X as much cost less than a dollar? I think we all know where this conversation is trying to go,, I hope it doesn't get there.
The following user says Thank You to Cashish for this post:
I bought elite status because I wanted access to the indicators. After being elite now for a few months I think I have downloaded one indicator... But I have learned so much information from these forums / the webinars and simply reading the discussions of different indicators and realizing they were not for me, not having to waste time on indicators that will not help me is invaluable!
The reality is that the free section alone has more value the any other forum / trading website that I have run across if you are willing to put the time in to sift through the threads. .nd if you are like me and have not posted a ton yourself buying elite is merely contributing abit and saying you are serious about wanting to help the community / and see what is happen continue!
The following user says Thank You to DeadCatBounced for this post:
It's not clear that the $100 membership fee is to "support" this site. Does Big Mike offer a service that someone else could not offer without charging for information? That is not clear...lots of sites have mods who volunteer to do what Big Mike does here.
The ads on this site support this site, many webmasters come up with clever ways to get financial support without a mandatory fee. I don't like the idea of money being mandatory to induce cooperation and freedom of information. Wikipedia is an excellent example of a propserous web community based on donations. Some of these nasty responses are confirming my suspicion, that trading can attract and bring out some of the worst instincts in people.
Welcome to futures.io (formerly BMT). I see you have been visiting for almost 30 days, and have thanked about 8 posts so far. That would be about $12 a thank you. Even if you never thanked another post, it is quite possible you would have already got your money's worth in the $100. You have more than enough reasons at this point, just in this thread, so it would seem almost pointless to continue the conversation.
You have the choice, but if you are sweating the $100, and/or don't see the value in it, you may not be a good fit for the site.
I believe you will find it more than worth the $100 many times over, but the real value comes when you start to get more involved in the threads, and ones unlike this one.
The following 2 users say Thank You to Gary for this post:
It's all about risk vs reward. If the risk of $100 membership is not outweighed by all the benefits, then don't do it. IMHO, the rewards of futures.io (formerly BMT) elite membership exceeds the risk of $100 several fold for all the reasons mentioned above. So it was a no-brainer for me. I suspect the same applies to all elite members.
Here's a task for you. List all the benefits identified above and monetize them. For example, I would pay $50 per month to access regular webinars on trading topics. I would pay another $50 per month to access a supply of continuously updated indicators. So, that's $1200 per year. Compare that with a life-time membership of $100, then it's rather obvious don't you think? But YOU have to do it yourself, you can not expect others to monetize the rewards for you. If you find that the monetized benefits exceed the life-time membership fee, then you should obviously join. If it does not, then don't. So, what will it be? Please share your list of monetized benefits, I'm curious what they would include.
The following 2 users say Thank You to bluecrow for this post:
Does anyone recall this same topic being covered a few times before in other threads. I feel like I've seen this same exact question covered in a previous thread, but I can't find it when searching for it. I think it would help if we could get a link to the other thread on here.
Anyways, honestly if you don't think it's worth it by now just stay for a few months and get to know some people, follow some threads, and wait before making the decision. That's what I did and it worked out for me. No stressing it now, its not like this is a trial software where you get 30 days before you have to pay haha
The following 2 users say Thank You to Itchymoku for this post:
You can probably tell (look to the left) from my number of posts etc that I am relatively new here. I signed up for a specific reason which was to maintain my trading journal here. It could have been any other forum but I was inspired with @xelaar's journal and futures.io (formerly BMT) stuck in my head.
I posted in my journal for the first couple of weeks not concerned about the elite membership at all. But while in that process, I started looking at what others were writing and it amazed me how clean this forum was. There is absolutely no BS anywhere. You can see some new people that sign up specifically to post spam or any other garbage are banned immediately. Anyone who is rude, disrespectful etc is not tolerated and his/her membership is revoked immediately. Meaningless and worthless posts are deleted immediately. As a result, you are left with content that is meaningful and helpful.
Also, in the process, I started following a couple of threads that I thought were adding real value to my own trading. In the past 2-3 weeks, I have learnt some invaluable concepts about trading CL (from @mfbreakout's thread), that I havent come across or thought about in the last 4 years that I have been trying to become a consistently successful trader (and I have been to my share of trading/training/chat rooms and mentorship programs) and spent a ridiculous amount of money in the process.
So, THIS forum, right here, is value to me. And that's why I want to be part of this forum. And thats why I am elite today because I want to belong and I know trading is a lonely business.
Only you can answer your own question "Why Elite?" by sticking around for a few more weeks and see if you find it worth your time and commitment. I dont think you will find a list of "services" that will be provided for the membership fee listed anywhere. Its just your call.
The following 5 users say Thank You to LogicalTrader for this post: