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This probably has already been said, but many people who wish to learn and download indicators for free often don't use them because there is a lack of perceived value. Taking that extra step to become an elite member may force a lot of lurkers who are just hoarding information to utilize the downloads to earn a return on their money spent.
I vote for elite only downloads. (Now where is my checkbook?)
<-- classic lurker type
Can you help answer these questions from other members on NexusFi?
For me, the value futures.io (formerly BMT) offers is not in the indicators or strategies, but in the wealth of discussion and advice you get from seasoned professionals and (for the most part) the absence of abuse and idiot comments.
I contribute indicators and strategies. If someone wants to download these, let them as they are missing the point.
I would much rather concentrate our efforts on keeping the forum free of idiots and focused on the core topics of education, sharing experiences and knowledge amongst ourselves to make us into better traders for which futures.io (formerly BMT) is famous for and makes it such a fantastic place to participate in.
Mike,
I am new to the forum, so my thoughts are not much more than thoughts. Personaly, I enjoy the forum and the response to my posts. Truthfully, I joined because I was looking for a download (which you had - thank you). If not for my search, I would never have landed here, so I am quite grateful.
I would like to thank you for the time and effort you put into this forum.
If people aren't willing to invest the small amount to become a complete member of the site then they probably aren't willing to invest time in the material available here.
Personally I signed up as an elite member to get to the webinars. So making the downloads another benefit to elite members is certainly reasonable. Just make sure the non-elite members can actually look at the download section though, that way they can peruse the list of great downloads and when they find something they want the can become an elite member to get it.
Although a lot of the indicaors are available in some form for free elswhere, others have been created by members who have dedicated a lot of time and effort to creating them and improving the forum. I would say downloads for elite members only.
dichotomy to me. Either yea or nay on making downloads elite only. Mike did, I guess, ask for opinion. Mike you are getting lots of opinion, but in your revision of the original post or should I say clarification, you made your heart on this issue pretty clear.
Go ahead man, do what you think. You are gracious to consider the views of others. In doing that you acknowledge that the fourm, while you created it , is not "yours". That said the collective here, should submit to your authority and your leadership on this.
Interesting that so many want to debate so intensly a $50 dollar decision instead of trade the 100 tick moves.
So in the main, existing Elite members say yes. But you would expect that. Interestingly Fat Tails, a renown contributor, appears to be less strident ( I believe I've seen a message that leaves me with that impression ? )
Other members have not really passed an opinion.
Question : Does the site want to attract more members ? Does it want to educate ? We are all seeking knowledge. Wishing to learn. If you close the gate then how do prospective members place a value on the site and its members ? It is unlikely that a limited trial offer of membership will be of any use because of the likely restrictions to what prospective members will be able to gain access to.
Question : If members publish coded indicators then it is likely that they will have already considered how that code may be distributed and in who's hands it will end up ? Is the debate about stealing indicators ( previously offered for public use on the site ) or commercialism ?
I would allow downloads to Elite members only. The cost is minimal. If somebody can't afford it, they're in the wrong business. There are people who will "take" all day but they're probably not what you want to grow the room. I have gotten many benefits from my membership and enjoy it very much.
Thanks for doing this.