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Should vendors be allowed to become Elite Members?


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Should vendors be allowed to become Elite Members?

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  #11 (permalink)
Legendary Market Wizard
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Harry @Fat Tails I do not know what his product or service is, but I can say almost unconditionally that I'd endorse it. This, I'm sure, is not a Fat Tails rule.

On a personal level, my own insecurity prevents me from publishing or even posting a screenshot that contains things that I view as even remotely proprietary in nature. I wish I could get over that. Not because I "seek" a "following", but because I've made so many errors and paid so much in "tuition" over the years that it is a shame others can't learn from my mistakes.

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  #12 (permalink)
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@Big Mike

Let Vendors join... just charge them more...

I'm just a simple man trading a simple plan.

My daddy always said, "Every day above ground is a good day!"
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  #13 (permalink)
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As long as the same rules apply about self promotion and they didn't copy elite downloads and try to profit from them, I would be OK with it. It just kills me when I see an indicator on a vendor's website that only takes 10 minutes to code and they are charging $100. I might lose it if a saw a blatant duplicate of someone's hard work on this forum being sold somewhere else.

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  #14 (permalink)
Legendary Market Wizard
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There is NO chance to prevent futures.io (formerly BMT) readers to copy parts of the bits offered here - be it on normal or on Elite section.
If a vendor decides to get some code - nothing simpler than that:
just logging in with another member name - DONE...

GFIs1

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  #15 (permalink)
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If they are going to use the social network for their own personal commercial gain then perhaps it is only fair they give something back in return, in the form of some quality indicators so people can see the quality of their product before sending them money. Fat Tails is a prime example of how that relationship can work well for everybody.

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  #16 (permalink)
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I think it would not prevent theft to not let them become elite members. It is jut too easy to circumvent.

Furthermore, I have seen some vendors contributing substantially and profoundly to elite threads, it would be a shame to limit this in the future. After all, some vendors became vendors because they have great knowledge in some field. Contributing in their respective field of expertise (without giving away their secret sauce or promoting their product) can be a huge benefit to the futures.io (formerly BMT) community. Just read some threads about market data reporting/structure or tape reading and you should get my point....

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  #17 (permalink)
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Big Mike View Post
Today they are allowed to become Elite Members.

I am asking for a discussion on whether or not that should change.

All Elite Members are already instructed to not share any Elite content outside of the Elite section. But we all know that some vendors take the code developed here, and then resell their own version of it. We also all know that some vendors are better than others, and would never do that.

I am trying to stay neutral and solicit feedback from others. So I won't comment further and instead would like to hear from everyone else.

Mike

This will not stop the unscrupulous from stealing elite code here and selling it elsewhere. They don't have to register as a vendor to have access to elite indicators. They can create multiple accounts and anonymously steal stuff up and down.

If you want to deter from stealing elite indicators, there should not be elite indicators. All code should be freely available to anyone on the site, because no one will pay for re-packaged indicators that they can get for free. None of my indicators are in the elite section, and most are also on the NT support site. You can take them and try to sell them, but any user who does even a little bit of due diligence should be able to find them free before dishing out any cash.

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  #18 (permalink)
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Vendors who want to grab content would not come in as vendors.
Participants who actually admit to being vendors would not resort to that..I think.

Matt

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  #19 (permalink)
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Xav1029 View Post
.... It just kills me when I see an indicator on a vendor's website that only takes 10 minutes to code and they are charging $100. I might lose it if a saw a blatant duplicate of someone's hard work on this forum being sold somewhere else.

@Xav1029

That's why in spite of @Zondor's pleading... I still write slow inefficient code... that'll teach them thieving bastards....

I'm just a simple man trading a simple plan.

My daddy always said, "Every day above ground is a good day!"
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  #20 (permalink)
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Well, I can't program, but I can copy and paste... I'm going VENDOR - bring the indicator price wars


Xav1029 View Post
As long as the same rules apply about self promotion and they didn't copy elite downloads and try to profit from them, I would be OK with it. It just kills me when I see an indicator on a vendor's website that only takes 10 minutes to code and they are charging $100. I might lose it if a saw a blatant duplicate of someone's hard work on this forum being sold somewhere else.


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September 17, 2012


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