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@KosherTrader, I want to address the issue of Elite. I think most have answered you with why the $100 is really worth it, as oppose to your idea that information shared by others should be free.
Let me address this: The idea of the $100 is a business savvy idea that separates people who are just all over the net seeking free stuff versus those who are committed to reading and participation.
The growth of any community depends on 2 things:
1) Readerships (actual time that they stay on the net, measured and indexed by Google)
2) Commenting, which would mostly come from those who want to participate with input and/or ask questions that are for the sake of knowledge. This grows content, provides good input and presents different aspects to the same issue.
Therefore, the $100 is a “door qualifier” in my personal opinion where a better community would be built due to higher readership and participation. Those who pay are committed, free seekers or “moochers” come and go.
Look at some other forums: Their readership, participation and views are in a state of decline. Why? Quality is lacking and scarce. If they charged for it, half would be gone, but quality would stay.
Most of those who can’t pay $100 can’t afford to trade, and sooner than later stop participation in the site because trading is just another fad and not a commitment for them.
I know there is a lot of good info outside of trading that floats for free, and some of it is really good. But, everything and anything eventually leads to a sale. At least at futures.io (formerly BMT) is outright honestly upfront.
I think Mike really tries to help customers and the development of this site, hosting, webinars, etc and that does cost money. Finally, it’s his business, and I respect that he can do whatever he sees fit in order to grow his business. After all, it is America.
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One good reason is that because it requires a small but still monetary contribution, many or most tire-kickers and spammers will stay away of it, or after banned once won't do repeated registrations as it is not worthy for them.
I am contemplating a major / drastic change to the behavior of all downloads on the site. The change would be to make all downloads Elite Only. I mean all downloads, in posts, threads, downloads section, everywhere globally. The only exclusion …
So the site has turned 4 years old as of last week. In that four years, I've become somewhat of an expert on all things related to trading communities.
I have been called all kinds of names and accused of all kinds of things. The …
This answers your question.
I also noticed a similar thread was started on ET around the same date you started this thread.
Same banned people over and over. There is another thread that addresses that in more detail and lays out facts, but it is only for Elite Members so no need in giving you the link.
I don't understand why people keep thinking bmt is a vended system or needs to be a broker verified vended system just because it requires a fee. It almost makes me want to hit my head against the wall. It would be comical if it weren't so redundant.
R.I.P. Joseph Bach (Itchymoku), 1987-2018.
Please visit this thread for more information.
Personally I've found many of the webinars posted on youtube hugely valuable, so paid the $100 to say thanks to BM for organising those. Everything else was just a bonus.
This is my second post here and this quote said it all. I have spent about two weeks looking at the content outside of elite and it was truly a "No Brainer".
Eta: Sorry to the mods for drilling up a old thread, you guys do have a wealth of information and the cost is truly insignificant for the benefits one reaps for being an elite member.
Thanks to BigMike and the Staff!
