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Is Mike Verifiably Profitable?
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Is Mike Verifiably Profitable?

  #41 (permalink)
Market Wizard
Boca Raton
 
Futures Experience: Advanced
Platform: Variety
Broker/Data: Optimus Futures, LLC
Favorite Futures: Futures
 
mattz's Avatar
 
Posts: 2,059 since Sep 2010
Thanks: 1,933 given, 2,782 received
Forum Reputation: Legendary

This is the nature of trading forums, humans and $$
You do something good for the trading community and then they question your motives, those who like you are called followers and then they discuss how much money you make.

futures.io (formerly BMT) was one of those places where business owners like me, software vendors, and educators have started being accountable for product, service and the fees charged.

No, I don't agree with all the policies in places and all the threads, but I also learned to respect other people's efforts and the way they want to lead their business. Quite frankly, I hope Mike makes a mil, because I still believe that if you had the idea, motivation and the work ethic then the sky should be the limit.

to all you guys who are busy with BS, real estate is cheap ...time to move out of the parents basement.
To all my friends around the world who have been here with me for years who still help each other out of sheer reciprocity and kindness, keep rocking!

PM with any questions about optimusfutures (800) 771-6748 (561) 367 8686. THERE IS A SUBSTANTIAL RISK OF LOSS IN FUTURES TRADING.
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  #42 (permalink)
Elite Member
Malaysia
 
Futures Experience: Beginner
Platform: Multichart DT
Broker/Data: MB Trading
Favorite Futures: Fx
 
torroray's Avatar
 
Posts: 273 since Nov 2009
Thanks: 52 given, 59 received


sam028 View Post
And it's not 2, but now 3 labs!!!

He got 3 now?

Maybe he put them on an 8 hour shift to stop him from overtrading.

 
  #43 (permalink)
Elite Member
Auburn California
 
Futures Experience: Beginner
Platform: TOS, Ninja Trader
Favorite Futures: Spot Forex
 
Posts: 162 since Aug 2011
Thanks: 48 given, 36 received


You will probably end up losing that $50 a few hundred times over learning to trade. If you actually listen to what Mike has to say about trading on this forum you will lose $1000s less. I know that much personally. So my $50 has already paid for itself over and over again.


Last edited by AuburnTrader; November 21st, 2012 at 07:41 AM.
 
  #44 (permalink)
Elite Member
Stockholm/Sweden
 
Futures Experience: Intermediate
Platform: NinjaTrader/Jigsawtrading
Broker/Data: Deepdiscounttrading/IQFeed
Favorite Futures: Eurex(Bund, Bobl)
 
Posts: 6 since Jun 2012
Thanks: 2 given, 0 received


Fat Tails View Post
Is the toolmaker a good sculptor? Is the piano maker a good pianist? Is the guy who codes brilliant indicators a good trader? I have no clue, whether @Big Mike is a good trader, but I believe that he is an excellent moderator for this forum. I also believe that his main interest in running the forum is to facilitate the exchange between traders, not to make money.

+1

/J

 
  #45 (permalink)
Elite Member
Berlin, Europe
 
Futures Experience: Advanced
Platform: NinjaTrader, MultiCharts
Broker/Data: Interactive Brokers
Favorite Futures: Keyboard
 
Fat Tails's Avatar
 
Posts: 9,651 since Mar 2010
Thanks: 4,226 given, 25,601 received
Forum Reputation: Legendary

The Beginning

@Big Mike probably did not make any money with his first trade, but things have improved since then .....


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  #46 (permalink)
Elite Member
Milan (I)
 
Futures Experience: Advanced
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This is what I've found, hope it can help

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  #47 (permalink)
Elite Member
Malaysia
 
Futures Experience: Beginner
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Broker/Data: MB Trading
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redratsal View Post
This is what I've found, hope it can help

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He should be on reality TV The Bachelor

 
  #48 (permalink)
 Vendor: diversifyportfolio.com 
PTA, Gauteng
 
Futures Experience: Advanced
Platform: Self built + Sierra + TWS
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DarkPoolTrading's Avatar
 
Posts: 1,036 since May 2012
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I've learnt more on this site than all the other books and forums i've read combined. Big Mike's posts are generally extremely informative and I always make sure I read them in detail, but it's the community that makes this site great.

$50 for a lifetime membership is pocket change when you consider what else is out there.

For me personally, whether or not Big Mike is profitable is irrelevant because he is not trying to sell anything, he is providing a platform for a knowledgeable and helpful community to engage.

Another massive point worth noting is the effort he puts into getting the best of the best to do webinars. Im a webinar junkie and there is so much cr@p out there which I usually stop watching after 15mins. Webinars on futures.io (formerly BMT) however are always of an extremely high quality.

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  #49 (permalink)
Trading Apprentice
Chicago Illinois United States
 
Futures Experience: Advanced
Platform: NinjaTrader, Navigator
Favorite Futures: ES
 
Posts: 4 since Nov 2012
Thanks: 0 given, 1 received

Thank you for caring enough to reply, all. It's not about the $50 at all. It's about my time. There are probably thousands of good and great trading ideas at this forum and elsewhere. I could spend 1,000 hours in 2013 reading posts and watching webinars here hoping that something will advance my trading education. How to make the best use of our time - to try things out for a while and see if it feels good? It's a better use of my time to ask someone who knows (Mike) to show me some proof that what is being presented (at least by them) is factual. There's no harm in asking for facts in the trading services industry. More of us should insist on knowing facts about our teachers / mentors before investing our most precious commodity: time.

 
  #50 (permalink)
Elite Member
Auburn California
 
Futures Experience: Beginner
Platform: TOS, Ninja Trader
Favorite Futures: Spot Forex
 
Posts: 162 since Aug 2011
Thanks: 48 given, 36 received



truman2 View Post
Thank you for caring enough to reply, all. It's not about the $50 at all. It's about my time. There are probably thousands of good and great trading ideas at this forum and elsewhere. I could spend 1,000 hours in 2013 reading posts and watching webinars here hoping that something will advance my trading education. How to make the best use of our time - to try things out for a while and see if it feels good? It's a better use of my time to ask someone who knows (Mike) to show me some proof that what is being presented (at least by them) is factual. There's no harm in asking for facts in the trading services industry. More of us should insist on knowing facts about our teachers / mentors before investing our most precious commodity: time.

You claim yourself to be an advanced trader. Are you profitable? I am not profitable, but I will never reveal my finances to anyone and would never ask you too. That is very personal. Big mike is not trying to sell you anything. Is he a profitable trader or not? I have no idea, but he clearly does not run another “emini” trading scam website. Does he make money off the website? I hope so. He puts in a lot of work in here. I know he is a Democrat and does not believe in profitJ (no hate mail please) He is a good free marketer/capitalist as we all should be. I don’t know him at all and he does not know me, but he seems like an honest person from posts I have read. Being an advanced trader you should be able to tell the difference between BS. If you feel you are getting BS just move on. That is the nature off the free market we used to all be a part of…..


Last edited by AuburnTrader; November 21st, 2012 at 05:17 PM.

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