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Someone created the indicator and then decided to share them with futures.io (formerly BMT)... to give back to a community that has done so much for them. For starters, they might not have even given it to futures.io (formerly BMT) exclusively so if it gets reposted then perhaps that was their intentions, and furthermore I am 99% positive that they didn't post it so that futures.io (formerly BMT) could effectively make money off of their work by tacking it onto the elite members section.
I understand the reasoning behind the Elite Circle. As evidenced by my name tag, I saw value in the service and made the plunge very recently but unless the indicators were submitted prior to the Elite Circle being created, EVERY person who submitted an indicator knew the potential ramifications of uploading their indicator to a public message board and had the option to submit it to the more personable Elite Circle download section.
I have skimmed the thread and hadn't seen many objections so I felt compelled to voice my opinion. The reason this forum is so great is because it is by traders and for traders and creates an environment that makes traders want to give back to the community. However, the community is not traders that post frequently on futures.io (formerly BMT) or that pay $50 on futures.io (formerly BMT). It is people who like to trade and talk about trading.
It makes me cringe knowing that a non-elite member could have submitted an indicator, yet is now no longer able to download his own product until he pays money for it...
I was happy to join and pay $50 for more exclusive access. It is not a great deal of money, and I think it deters certain people who are aggressive and unfriendly with their post to pass on your site because they can be traced through a credit card transaction. I've come across this with other forums (ie., elite trader) where I don't want to post anything because people are so negative and mean spirited.
This is my first post since I am fairly new to trading, but I have received value for the $50 to join already. Although I joined initially for access to some indicators, it turned out that I am not using those indicators, but instead purchased a simple trading system to use instead. I was doing research on the Boomerang System from Indicator Warehouse and found a thread on this site with information and opinions about it and decided the price point was low enough to take the risk in trying it. The opinions expressed were very important for me in my decision making.
I feel limiting access to people willing to pay a reasonable fee is more than fair. I support that choice, as opposed to making people post 50 times. You know that old adage, garbage in, garbage out....better to post when you really have something meaningful to share.
I just went and checked the most recent 10% of all entries in the Downloads section. Out of 50 entries I checked, 49 were submitted by Elite Members, and 1 was submitted by a non-Elite member.
In fact, the overwhelming majority of all content on the site comes from Elite Members (posts/threads/downloads).
I believe these files were shared in the non-Elite section of the Downloads area not because the author wanted to share them in the non-Elite section on purpose, but rather because of the nature of the "split" organization structure of the Downloads section. By default, if it is a NinjaTrader 7 indicator, members prefer to upload it to the NinjaTrader 7 section - as opposed to the Elite section. So I truly believe if it weren't for this, then almost all the sharing would be purposely made available only to Elite Members anyway. I also have to only read a few pages of this thread to get the same impression.
I will take your reply to heart and see how things go during the trial period.
I haven't read the 48 pages so I don't know if this was suggested previously, but what about making it both ways? You can download if you are an Elite member or if you have 50 posts. Either one would qualify the poster for downloading.
I totally agree with the Elite only downloads. Also raise your Elite price, maybe fifty dollars a year, not a one time fee, I am serious, your price is to low.
William
Yes, there was never any consideration to limit Elite Members in any way. All Elite Members have 100% access to everything on the site, regardless of number of posts.
The post limit was just one consideration (one that previously failed and I was not likely to repeat) for non-Elite members.
$50 for indicators ..... The """"" Elite Members Got Their Way""""".
Like Democracy...... its the presssure groups who "Dictate" democracy. The drug companies......the tobacco group.....the licquor breweries......the *@!""...& now the "Elite ..already paid $ 50 ..resentful of non-payers group"
Membership to futures.io (formerly BMT) ...$ 50 - No problems. Reasons ...Cost / Time / effort / ownership. Capitalist democracy. No problem. Infact very encouraging.
Democracy ....via the back door through a pressure "I resent that I have paid $ 50 ..& I feel like a fool" group...whats the difference.......saddam. mubarack..$50 elite group".
Mike....you should have re-phrased the topic as....." is futures.io (formerly BMT) worth $50 membership" .....you would have got a 100% well ok 99% YES,YES, YES.
But it really is a sad day for the Trading Community that the debate has been hijacked by the group "S**T..I've already paid $50 for futures.io (formerly BMT) ...and those Ar*eho*e non-payers wingers can have a say in this..." group.
As the Group "Queen" sang...... "One more bites the dust....."
I will still sign on to futures.io (formerly BMT)...but with a bitter taste of the $50 elite resentful lobby.