Contributions and Wealthpoints Rules and Guidelines

[JoeDOM_Admin]

Members:

Effective from May 20 2008 these rules are NOT retroactive to past contribution awards.It applies to all awards and costs going forward May 20 2008.

In order to speed up test, approval, awarding and cost setting of resources we will implement the following new Official rules:

1. Experience points are abolished. They will no longer be assigned nor taken into consideration.(inventor of Experience Points is dead(yosewe), now we have to make our own realistic decisions)

2. We will award 1.0X to 4.0X based on the cost amount we set the contribution for the general public.

3. Do not use passwords in your contributions. No more need for using this password "youseewealth.com - come wealthless, stay wealthy - yosewe" in your compressed files for the time being. Make it a normal plain .rar file with instructions on how to install and that's it ! ! !

4. We changed these rules to simplify our lives....now it is YOUR TURN to simplify ours by making nice and good looking posts with images and screenshots. Don't just slap the text and the link making it look plain and dull. Decorate your posts or your award will suffer.

This is best illustrated with examples:

Example 1:
Member A uploads a trading software. We install it, test it, and make sure it works properly without limitations. We assign a cost for it as being 3000 Wealthpoints. Member A will get awarded 1.5X3000= 4500 Wealthpoints.
Why 1.5X ? It is because that is our base awarding multiplier. To get your award simply multiply the cost by 1.5 times.

Example 2:
Member B uploads a trading software. We approve it as working and it is a software that is not very common and somewhat sought for. We determine that the resource submitted by Member B should cost 9000 for other forum members. Member B will be awarded 2.0X9000. Why 2.0X? Well, 2.0X was based on our discretion. We decided that this Member B deserved a little bit more because he contributed something rather unique and hard to get elsewhere (like in P2P, torrents, other forums, etc)

Example 3:
Member C contributes an ebook he got from avaxhome.ru or similar ebook websites like gigapedia.org. Since all books will cost 10 no matter what, this member will receive 15 Wealthpoints as award. Why 20 Wealthpoints ? 2.0 multiplied by 10 = 20.

Example 4:
Member D contributes a very hard to find, unique and exclusive trading software that comes with a keygen and promises rags to riches. This software is cutting edge and is sold for thousands. Also this software is also very scarce and no one seems to have it.
We test this software and determine it should be worth 100000 Wealthpoints ! ! Member D gets 300000 Wealthpoints as award ! ! Why ? ? 300000, because since this is special hard to get software he gained 3.0X instead of the usual 1.5X or 2.0X. That is why it pays to share your unique stuff.

Example 5:
Member E shares Metastock 9 Realtime. We check the software and it goes directly to the archived repository without setting any cost at all. Member E is not awarded anything. Why ? Because we already have Metastock 9 Realtime, so essentially it was a duplicate ! So learn to "search before you post".

Example 6:
Member F uploads a trading video with a play time of 2 hours in .avi format. We check it and notice we don't have it. We set the cost of this video at 5000 Wealthpoints. Member F gets rewarded for 7500 Wealthpoints. Why ? Because 1.5X5000 = 7500 ! ! Videos seldom get more than 2.0X

I will be posting more examples as they come to my head, but basically you get the idea of our new "simpler" awarding system. You get 1.5X of what we set as cost for any given resource you share. The more unique and better and scarce is the resource you share, you will get more multiplier up to 4.0X. Books will never go beyond 1.5X. Videos and courses will never go beyond 2.0X.

Do not confuse ebooks with courses. Courses are the ones that include videos and/or several ebooks bunched together by the author. Courses will always be treated independently, meaning they can earn up to 4.0X depending on how interesting they are. Many of the "get rich quick trading forex ebooks" are considered as courses and do not fall in the ebook category. Ebooks are the ones that you can easily download in other pirate blogs like avaxhome.ru and gigapedia.org.

These new rules will be applied to all queued remaining softwares, market data, courses, indicators/system resources and ebooks. Keep in mind that giving you just Wealthpoints and abolishing the bothersome Experience points will help members get the software they wish way much faster than with the old system involving Experience Points.

Sub versions Awarding Rules

If you upload a newer Sub Version of a resource already available in our forum, you will not be awarded under the 1.5X-4.0X rule. This rule is implemented in order to avoid having members upload multiple sub versions of resource and claiming high multiples of it constantly.Instead, the uploader of a sub version will be awarded 1/3 (one third) of the cost assigned to that resource ONLY if that subversion is higher than the highest sub version we have in our forum repository.

This is more clearly explained with an example:

Sub Version Example 1:
If User A contributes a software called:"Tradingsolutions 4.1 Realtime", knowing previously that the forum inventory already has a resource available called:"Tradingsolutions 4.0 Realtime", this is considered a sub version upload. The contributor of the Tradingsolutions 4.1 Realtime, will receive only 1/3 of the resource assigned cost and NOT the usual (1.5X-4.0X) awarding.

As you can see in the above example, we consider a sub version, to any resource that has a different number after the decimal point. Versions like 4.1, 4.12, 4.5, 4.8, 4.895.5 are ALL considered sub versions of the main version 4.0.

Continuing from the above example, if we assign a cost of 100000 Wealthpoints to a contribution considered a sub version, we will award User A with 33333 Wealthpoints which is exactly 1/3 of 100000.

Sub Version Example 2:

A member uploads/contributes a software or resource called ForexCharts v.1.5. But our forum repository already has ForexChars v.1.8 available for the public. This contribution of ForexCharts v.1.5 will be moved to the Repository forum and will not be awarded nor allowed for public access.

Sub Version Example 3:

Member uploads/contributes a software or resource named BigJump Trading System v. 2.34. Our forum online repository already has BigJump Trading System v.3.14 and BigJump v.3.8. This particular case is different. This contribution will not even be considered a Sub Version contribution, because our online repository does not have any main version 2.xx, so this contribution will be awarded under the 1.5X to 4.0X multiples rule.

We sincerely hope the new sub version awarding rules will encourage members to upload their latest main versions so that their accumulated Wealthpoints can surge higher before someone else do it for them and claim the Wealthpoints.

Due to certain members finding a way to pump up their Wealthpoints using this sub version loophole, we were forced to implement this new Sub Version rule in order to keep our resources repository from filling up with every time older versions of resources, some of which are completely obsolete (dating back to 1998 ! !)

Regarding Beta Software Contributions

Generally, we do not allow Beta Resources (softwares,indicators, systems ,etc with the word "Beta" trailing it). There are a few exceptions and these exceptions will be subjected by the Administrator's sole discretion and decision in whether we accept certain Beta Resources.
For example, if it is a Beta version of a very common resource, we won't accept it, on the other hand, if it is a Beta of a very scarce and difficult software, then we will consider your Beta contribution and accept it. It all basically depends on how widely spread is that Beta resource you are trying to contribute. As for Beta Contributions, we will try to contact you with a reply to reach an agreement in your submission thread before making it public and setting a cost/award for your contribution.

All in One Contributions Considerations

Due to constant abuse and possible laziness to classify resources from some members we decided to limit the submission of the All in One contributions.
We will no longer accept posts that include dozens or hundreds or even thousands of indicators for any trading platforms. Contribution titles like "1,000 Indicators for Metastock" or "36,000$ worth of Indicators for Tradestation" are no longer accepted. If you want to contribute something meaningful and worthy please make a good looking nice post and DO NOT lump together dozens of indicators from different developer sources expecting us sort out your mess in order to award you with high points.

Also consider the following cases below for what is allowed when submitting indicators/systems bundled from a single developer:

What is allowed and encouraged:
Uploading indicators/systems from different developers. This is where the 198 Indicators rules above comes into place. We prefer 198 indicators/systems spread out in 198 separate posts because they are from different developers and indicators/system builders. We like to have nicely formattted illustrated posts of each one of these indicators in a clean and well presented manner.

What is discouraged:
We discourage taking a set of for example,12 indicators that come from the same developer bundled package and contributing them as separate postings.
This has the effect similar to separating the children from their parents. These indicators , which come from the same bundled box/package, must stay as a whole because they belong to the same "set" the original developer intended to market or sell.

Contributions of Updates of Financial Softwares

Softwares like VisualTrader or Omnitrader issue Prerelease updates almost every month. These software updates that are basically easy to get and require no reverse enginering will only be awarded 100 Wealthpoints.

[JoeDOM_Admin]

Condition for Submission Indicators and Trading Systems

(Condition Implemented on June 7 2008)

Metatrader Systems and Indicators Conditions

(mq4 and ex4 files)
Concerning Metatrader Systems and Indicators, they must all be Open Code. There is a decompiler available that has been patched to work and can decompile all Metatrader .ex4 files compiled with Metatrader 2.17 or lower. Metatrader code is inherently treacherous and there are thousands of ways to limit the trader from fully using a system or indicator. They can program the platform to limit you to use on Demo accounts exclusively, expire on a certain date, limit the use of the backtester and many many other ways to add limitation code into MetaTrader 4 codes that without seeing the source code, it would be impossible to detect and patch.

Ninjatrader Systems and Indicators

We NO LONGER accept Ninjatrader Indicators nor Ninjatrader Trading Systems. Only executable utilities and external plugins for Ninjatrader are accepted.

Completeness of Systems and Indicators

The contributor is responsible for providing documentation in a readable(.pdf, .doc, .txt, etc) as well as all Metatrader setup files and recommended settings for systems and indicators, Tradestation workspaces (.tsw) files, etc, etc inside the contributed file. If we later discover you missed or forgot to include some files and you failed to state/specify that you did not include it in the post, we will take the post offline and take back the award made to your account until the issue is resolved with the missing file/content.

If your indicator or system is poor documentation like a .pdf .doc .txt file that explains how to explain, setup, configure, and use the system/indicator in question your account will be withheld/retained for the amount of 300 Wealthpoints. This withhold or retention of 300 Wealthpoints will be used to pay a bounty or award other member able capable of providing the needed documentation you missed to provide.
Indicators/systems without any kind of documentation on how to use them are not accepted.

Indicators and Systems Updates or Newer Versions

Any indicator or System updates/newer versions or subversions are not accepted unless the latest indicator submited is at least 6 months old. If there is no dated versions, but subversions or higher versions, the date of the post will then be used to compare.

Example 1:
If Member A submits indicator XYZ version February 2008 but there is already an online indicator XYZ version December 2007 in our repositories, this contribution will not be accepted much less awarded, since the time between versions are less than 6 months.

Example 2:
If Member B submits an indicator called Tornado Indicator version 3.43 on May 7 2008, but upon searching our repositories we find that we already have an indicator called Tornado Indicator version 3.20 which was submitted on January 3 2008, this contribution will not be accepted since the dates of contribution between both indicators have less than 6 months between them.

[JoeDOM_Admin]

Rules for Awarding Videos, Seminars ,Courses and Tutorial Resources

Our website divides resource contents in 2 main groups:

1. Code Content
2. Multimedia Content

Code Content

Code Content encompasses these types of commercial contents:

• Trading Softwares
• Trading Systems
• Trading Indicators

As the title implies, Code Content is anything that can be processed and executed by the computer as instructions. Most of the time, these types of content needs *fixing/patching* of the licensing protection scheme so it can work in any computer.

Multimedia Content

Multimedia Content refers to the type of content that can be played or displayed only. These types of content does not have any execution code inside it at all, thus, making its licensing scheme very very easy to bypass and copy across computers.

Multimedia Content encompasses these types of resources:

• Ebooks
• Audio Books
• Videos
• Courses
• Seminars
• Tutorials

Awarding Currency for each type of Content

Due to the fact that Code Content is more difficult to distribute and share among multiple computers since most of the time it requires the intervention of the *patcher/reverse engineer*, we have reserved the Wealthpoints^TM pointing system for its exclusive use.

For Multimedia Content, they will all be awarded under the Librarypoints^TM pointing system.

In summary, the pointing system used for the two main group of Resources is as follows:

Code Content: Will be awarded in Wealthpoints^TM(W$)
Multimedia Content: Will be awarded in Librarypoints^TM(L$)

Given the nature of Multimedia Content to be easily copied, the awarding ratio is set at 1:1 based on the cost we establish for your contributed Multimedia Resource.

Below is a table compiling all the attributes of the two points systems:

Here are some example scenarios:

Example 1:
Contributor A uploads and posts a Multimedia contribution Seminar called "Back to the Future Market Prediction Seminar" consisting of 3 ripped DVDs in DivX format. We check the resource and establish that it is worth a cost of 6000 Librarypoints, thus, Contributor A is awarded 6000 Librarypoints into his/her account.

Example 2:
Contributor B uploads and posts a Multimedia contribution called "Back to the Future Market Prediction Seminar". Yes, this is a duplicate of the above example 1, so NO Award is issue and the duplicate post is put in the repository storage.

Multimedia Content Contribution Standards

Rule 1
All videos submitted must be in file format, we do not allow submission of links to streaming content online. Please find a way to download the videos yourself from the online source and store them in a file in your computer.

Rules 2
Videos submitted must have a size of at least 320x240 with 256 colors as a minimum.

Rule 3
Contributing videos from different authors in bunch form is not allowed. Please take time and make a good contribution post as well as spend some time to classify your contributed resources, we do not have time to sort out your mess.
By bunch form we mean packing several different authors videos/seminars/course in a single contribution post.
An example of a bunch contribution title is as follows: "50 Videos and Seminars for Trading Forex", "Motherload of Videos for Trading Futures from Different Authors", "Hundreds of Trading Seminars and Videos from Successful Traders".

Rule 4
Please make sure all your Multimedia Content you intend to contribute come from a commercial source, has an authors website and a price page. We dont like and will not accept Multimedia Resources that are widely free on the net or are just demos or made for the purpose of marketing something. The thing to remember here is tha tif you can download it for free from somewhere on the net, we can do so as well, so why award you something we can get for free as well ?

[JoeDOM_Admin]

If you want to comment or discuss about the above rules implementation, please visit here:

http://www.friendlytraders.com/forum/2393_78/feedback-comments-for-wealthpoint-rules-guidelines.html