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Is Mike Verifiably Profitable?


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Is Mike Verifiably Profitable?

  #1 (permalink)
truman2
Chicago Illinois United States
 
Posts: 4 since Nov 2012
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Big Mike's results: I'm so sorry to have been jaded by so many service providers / educators / well-meaning traders, but: the Elite service could be Mike's only way of making money. Mike, can you ask your broker to provide sanitized statements of your accounts to others showing that you actually are consistently profitable?

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  #3 (permalink)
 
MWinfrey's Avatar
 MWinfrey 
Lubbock TX
 
Experience: Intermediate
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Interesting request. Why is it important that @Big Mike be profitable? BM does not offer trading advice, method or trading, or anything else that would require a verifiable statement. The public and elite sections of futures.io (formerly BMT) are resources for traders and nothing more.

  #4 (permalink)
 
vvhg's Avatar
 vvhg 
Northern Germany
 
Experience: Intermediate
Platform: NT
Trading: FDAX, CL
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truman2 View Post
Big Mike's results: I'm so sorry to have been jaded by so many service providers / educators / well-meaning traders, but: the Elite service could be Mike's only way of making money. Mike, can you ask your broker to provide sanitized statements of your accounts to others showing that you actually are consistently profitable?

Why on earth would he want to do that?

As he isn't selling you any trading system, why even care? I can tell you that he does a bl00dy good job with this forum and this should be much more relevant to members than his trading accounts.

vvhg

Hic Rhodos, hic salta.
  #5 (permalink)
 
PandaWarrior's Avatar
 PandaWarrior 
In the heat
 
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truman2 View Post
Big Mike's results: I'm so sorry to have been jaded by so many service providers / educators / well-meaning traders, but: the Elite service could be Mike's only way of making money. Mike, can you ask your broker to provide sanitized statements of your accounts to others showing that you actually are consistently profitable?


I paid $25 for lifetime access. Sounds like a damn fool way to make money to me.

Simplicity is the ultimate sophistication, Leonardo da Vinci


Most people chose unhappiness over uncertainty, Tim Ferris
  #6 (permalink)
 vegasfoster 
las vegas
 
Experience: Intermediate
Platform: Sierra Chart
Broker: Velocity/IB
Trading: 6E
Posts: 1,145 since Feb 2010
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First, BM isn't selling his trading methods, knowledge, etc., so somehow linking the elite membership price to his trading prowess is ridiculous IMHO, and comparing elite membership to the hundreds or thousands of dollars charged by other fraudsters, frankly just pisses me off. Second, BM had the ingenuity to create the best trading site there is, period, and still works his ass off to keep it the best trading site there is, period, so if it is his only source of income then it is not enough IMHO. I have suggested that he charge everyone a flat monthly fee. To me the one time fee he charges is a bargain and people should be thanking him, not giving him shit for it. I still love you, but please get a clue.

  #7 (permalink)
 GFIs1 
who cares
Legendary Market Wizard
 
Experience: None
Platform: nobody interested
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As only our honoured red members are giving such quick remarkable answers...
I think That thread may be closed immediately! :-)

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  #8 (permalink)
 chopstick 
Memphis, Tn
 
Experience: Intermediate
Platform: Investor RT
Trading: ES
Posts: 6 since Feb 2012
Thanks Given: 1
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Is Big Mike verifiably big?

Seriously though, I did not subscribe to the Elite service for quite a while. I finally did. It is the best $50 I ever spent. It is not just about Big Mike. There is literally a ton of information on this site that, no matter what your trading style, will take you years to go through. The webinars alone are more than worth it. This site is about traders helping traders.

  #9 (permalink)
 Koepisch 
@ Germany
 
Experience: Beginner
Platform: NinjaTrader
Broker: Mirus Futures/Zen-Fire
Trading: FDAX
Posts: 569 since Nov 2011
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Because it seems that you can't differentiate between an system vendor and a website owner/moderator your level of trading experience is reseted to BEGINNER to reflect your current status.

  #10 (permalink)
 
wldman's Avatar
 wldman 
Chicago Illinois USA
Legendary Market Wizard
 
Experience: Advanced
Broker: IB, ToS
Trading: /ES, US Equities/Options
Frequency: Several times daily
Duration: Hours
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is actually the man behind the screen.

I so desire to launch into a tirade but here is the thing I cant leave the futures.io (formerly BMT) arcade or risk being banned from it.

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Last Updated on December 1, 2012


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