MES Capital
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Verified Trading Capital
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Verified Traders
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Transparency
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Reputation and Affiliations
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Clearly Defined Funding Program
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Summary
Sometimes I get these reviews wrong. With regards to MES Capital Group, I got this one dead wrong. The original review stinks. It was written from a skewed perspective, and since I was not able to personally speak with the ownership, I acted like a petulant child.
Since the original review was written, I have been personally contacted by both funded traders as well as traders that have flunked out. I have also been contacted by large amount of traders that did not pass the evaluation period, and the company subsequently never attempted to sell them anything. My suspicions of some nefarious conduct where way off the mark.
The comments section of the original review contains a large amount of helpful and enlightening comments from various MES Capital participants. In fact, several funded traders have written about their experiences in that section.
Thanks for reading today’s updated review on MES Capital Group
On January 1, 2016 I published a review of MES Capital Group. The original review was a pretty good thrashing of the company. If you read the original review, you probably walked away thinking that the company was a scam. The basis of my negative review was based upon the following assumptions: I could not verify whom actually owned the company, I could not verify the existence of trading funds used to fund traders, the company stonewalled even the most basic questions, the female administrator of the company was rude and secretive in multiple email exchanges, and finally, the company was linking out to several websites that I had prior negative experiences.
In addition to having a difficult time with the company representative at MES Capital, I also carried into the review a very negative bias. Why would I have a negative bias? Quite simply, in the past year, I have written about several companies that were outright frauds. The common theme was that a person could possibly receive company funding to trade, but they must first purchase a suite of $6,000 indicators or purchase a “training” program for anywhere from $3,000 to $20,000. If you have spent any amount of time on the TradingSchools.Org blog, there are plenty of negative reviews that you can find that highlight and expose this scam. The commonality of the scammers are that they refuse to verify if any traders have ever been funded, and if an actual trading account exists that could support more than a single funded trader.
The funded trader scam rubs me raw. Really raw. The people most effected are usually the most desperate. Many fell into the scam believing that they were getting an actual job. Others spent thousands of dollars and were convinced that they would be able to soon quit there current job and begin trading fulltime.
One scammer in particular actually paid someone to fulltime post Help Wanted ads in craigslist.org. The target had to first spend a $49 fee to download a free copy of Ninja Trader. After the target downloaded and installed Ninja Trader, they then traversed a nightmare of upselling and creative storytelling by the owner. All meant to lure the victim down the primrose path, every step used to drain their personal credit cards even further. For many, this nightmare scenario ended only when the victim finally had exhausted themselves trading on nothing but a simulator. Some even passed these “trading tests” and had jumped through all of the prerequisite hoops and fully expected to receive a funded trading account. They only wanted the opportunity that was promised to them. However, what they later discovered was that entire series of educational events and trading simulators were just a series of barbed wire fences that mercifully ended at a crocodile moat.
So Many Scams
Admittedly, I went into the MES Capital review with the attitude and preconception that THIS MUST BE TOO GOOD TO BE TRUE. Like a old dog that had known only a life of abuse, deception, and the ugliness of mankind…perhaps my eye was too yellow and cloudy. After seeing so much fraud, perhaps I prematurely jumped to an aggressively negative conclusion.
When I drafted the original review, it was so provocative and accusatory, that I was hoping to “smoke out” the truth. Surely, once the review was posted, the truth would be easy to capture. I expected that a flood of emails would come into my inbox, and there would be messages that people had failed the combine and were then instructed to purchase an educational package from one of the selected trading educators. If a person purchased the education, then they would be given some sort of priority to receive a funded trading account. Surely, it had to be a scam. Right?
Another thing I wanted to see was whether any funded accounts would contact me directly, and come to the defense of the company.
It was sort of a perverted experiment. Time would tell.
Discovery
In the last two months, I have been contacted by dozens of people that had taken the free trial. Not a single person that failed the trial was marketed even a single trading product, educational course, indicator package, or nutty mentorship. I expected the exact opposite. And I got it dead wrong. Instead, a literal army of people came to defend the company. And these were not the usual shills that troll the comments section of the blog. These were unique IP address’s from all over the globe.
Some of the comments that I receive included,
This review is whack.
I got funded and your an idiot.
You are just a shill for Top Step Trader
And so, I have to be honest that during the year 2015, I earned $2,100 from Top Step Trader. Oh, and I got two frozen pizza’s sent to me as a thank you. Maybe it did influence my perspective a bit. Maybe it influenced my perspective a lot. It did influence my perspective.
Real Traders
During the last two months, I have been contacted by three traders that have been funded by MES Capital. Two of the traders received a funded account and promptly blew it up. The third is still with the company and is really happy. In fact, he made me promise to not mention his name as it might hurt his status with the company. Apparently MES Capital was really pissed off about the unfair review. And truthfully, I feel terrible about making some pretty wild accusations and connecting dots that were spaced between far reaching planets. In retrospect, the fuel for the negative review was fueled by an ugly combination of dealing with so many scammers, being paid by Top Step Trader, and being initially stone walled by MES Capital.
Obviously, I got it wrong. The company funds traders, and is probably the most deserving company of a positive review that I have written about. Whom else in the trading arena is willing to give a retail trader a free shot at anything? Most trading vendors just see retail traders as suckers and idiots, but this company decided to get down into the mud and try and find a few gems.
Conversation with an MES founder
Finally, during the final week of February 2016, I received an email from one of the founders of MES Capital. He had some issues regarding privacy and asked to speak with me directly. We exchanged phone numbers are procceded to have a very pleasant telephone conversation.
One of the things that we talked about was the early stage of MES Capital. Apparently, with a hilariously laughable naiveté, the guys as MES Capital decided to run an advertisement and simply hire some good traders. They went about finding full time professional traders in pretty much the same way a convenience store would hire a clerk to sell candy bars and soda pop. Predictably, the initial attempts at hiring professional traders was an absolute nightmare and they essentially gave away 6 figures on a bunch of people that had convinced them that they were the second coming of George Soros.
After hearing about all of the failure, lost money and frustration, it dawned on me with a real sense of dread that these guys got a really bad deal from me. The last thing they needed was a moron writing negatively and causing even more problems.
So the real question that readers probably want to know is whether the MES Capital model of funding what are traditionally the weakest market participant’s, is it profitable? In speaking with one of the founders, it is profitable. But it is not the easy money cash cow that they had envisioned. They are in fact taking on a massive amount of risk and the funded traders assume none of the liability. Juxtapose the position of MES Capital vs Top Step Trader, and you cannot help but cheer for the company that is not placing participants onto a perpetual hamster wheel.
What you should immediately do
If you are interested in becoming a funded trader with Top Step Trader, you should put it on hold. The first step should be to attempt to become a funder trader with MES Capital. It costs nothing, and you will not be sold anything. Why spend $200 dollars a month for the opportunity to run on the Top Step hamster wheel, where nearly everyone eventually fails? Why not first thoroughly exhaust all available free options before going out of pocket? I recommend it. I should of recommended it earlier. And for that I can only apologize and try to make things right.
Wrapping things up
If the owners of MES Capital read this update. Hopefully, they are gracious enough to accept my apology. I truly mean it. And for all of my haters out there on the internet, this would be a great time to get out your Billy clubs and write something nasty about me in the comments section. I certainly deserve it. But I am also human, and like everyone else on this planet, irrevocable bound to constant stream of mistakes.
One final note, if I had to come up with a critique of MES Capital it is that the company does not have a “set in stone” series of steps that guarantee funding. Even if your simulated or real results are sterling, for whatever reason, they still might not like your style of trading. At the end of the day, its their money, and they can and should allocate it to only the best and brightest.
admin could you do update on tradenet meir barak
MES has joined with One Up Trading and now seems to have duplicated the TopstepTrader model
I just saw that too. One Up trading does seem to have better loss limits than Topstep trader though.
I signed up for an evaluation and they provided ABSOLUTELY no help. This is a lazy bunch and good luck if you think you’re getting your money from these guys.
Hi amt-trader, could you please describe your trading method more in depth please. Things such as: number of trades, biggest win/lose, average win/lose, did you use SL/TP, were you consistent with your trading style etc. thanks in advance
I was just evaluated by MES, adhered to their rules and exceeded their profit target, but was turned down for funding. I would say the experience with them was positive, no nonsense, but the only downside as mentioned is there are no clear published criteria for passing or failing their evaluation. Their welcome email says adhere to the rules, hit the target and you will be funded – in my case this wasn’t to be….
Hi Emmett, thank you for the all reviews so far. Regarding the funded members at MES, any new stories to tell? I saw you have mentioned 3 funded guys in this review, did they show you any kind of proof that they were/are funded?
Ahhh – Apophenia cuts both ways. Connecting the dots can be negative as well as positive. Great article!
Emmett Moore, thank you for the honest and thorough reviews of different trading firms and schools. Coming from a military background, it’s hard for me to wrap my head around people that are making a dishonest living. I just sent my trading statements to MES Capital and just got approved for the 30 days simulated trading test. I will keep you up to date on that goes. Again, thank you for doing all the diligent work my man. Keep up the good work!
I was just accepted as a funded trader with MES. I submitted 5 days of sim trading. Was accepted for the 20 day trial, and downloaded the software with no problem. The process was smooth, so i don’t know what AJ is referring to. And someone always responded when I contacted info@mescapital… I went through the trial and barely hit the minimum number for consideration, but I was very consistent, and my winning days were much bigger than my losing days. This is important, because i have read of other traders not getting funded, even though they hit the number.
I am just giving this a shot, and i’ll see how it goes. I was never asked for any money of any kind, but I learned after I passed that the split is 50/50. There is nothing about a non-compete in the trader agreement, so I am keeping TST, and possibly even Savius as back up options.
But I did like the fact that you are only able to attempt their trial once every 12 months. I ended up liking the pressure of not having the option to reset the account, because I learned what I could really do when I was down to the wire.
Anyway, I submitted the agreement, and should start trading the week of 7/25/16.
Congratulations! That’s really great to read.
Thank you Emmett. I guess I’m not really leery, but I am taking it with a grain of salt. If that makes sense. I’ve been in this business as a stock trader for a long time, and I’ve seen all kinds of “deals”. This one feels good. That’s the only way I know how to put it. There is zero risk on my end so far.
I am new to your sight (after doing a search for MES, lol), and appreciate what you are doing. I will keep you posted.
I went through the trial and barely hit the minimum number for consideration, but I was very consistent, and my winning days were much bigger than my losing days. This is important, because i have read of other traders not getting funded, even though they hit the number.
Hi
How did you know that the winning days need to be greater than loosing ones? Are you Mes Insider? They never mentioned in their parameters and never do they give feedback or reason about failure. I just completed 3 days ago and met their parameters, but they didnt fund me.
Dont write false reviews on behalf of MES trying to glorify the company.
You seem to be an employee of MES only.
At least top step trader have clear cut rules and if we achieve the target within the rules, they really fund us.
Not like MES, no clear rules, no clear parameters, total secrecy and nothing good.
Dont write reviews on behalf of MES or being MES and misguide all others to waste their time.
Dont waste your time with MES. Nothing is free in this world. Pay to TST and achive real funding.
Otherwise at the end of everything, like me, you will feel that you wasted your time with MES.
It can be better utilised with TST at least or your own trading account .
What are the buisness angle of scamming ppl for MES?
really dont know. Maybe they just want the best of the best traders, but if they say all their criteria, then no one will sit in the trial. So, they dont disclose all parameters.
I regret to waste over a month to successfully complete their trial.
Nothing is free, I lost my valuable trading time
I’m just sharing my experience with them, and i will continue to do so if I have a bad experience. No false review, here. You are obviously bitter, but that’s your problem. And in their FAQ’s, it says they do have a minimum target, but they also look at your risk vs reward. It doesn’t take an insider to read the FAQ’s.
There is more to being a good trader than hitting profit targets on a simulator. How was your “in trade” draw down? how many trades did you take? I have done risk management in the past and the long term guys tend to have similar trading habits, they keep tight stop losses, scratch a lot of trades “breakeven trades basically” and let the winners run. Guys who make money fast and furiously generally lose it fast and furiously. I am interested in knowing if any of you that trade for MES live had made withdrawals from your trading accounts? and if there has been any issues with it.
I withdrew twice and it was a seamless process. I had a $10k draw-down.
I actually sat again in the test on behalf of my family member to check if they are real.
1. I traded all 18 days.
2. only one trading day was a loosing day of $100
3. Highest profit was $350
4. MES seemed to progress me to the final questionnaire stage after the completion of trial.
I had to fill up several answers to question. One of them was on AGE, experience, qualification and profession.
I filled up age 60 as I was trading on behalf of a family member.
But after that the next day they just wrote me –
they are sorry they cant fund me.
Really guys, dont waste time on MES, Go for TST. Spend some money to get money.
I traded twice, and both times I found that I can trade well. I am in TST now – no more MES for me
Good luck with you guys who gets funded from this secret agent.
NO CLEAR RULES – Is all i can say
Those are very good results, but I definitely would not of told them you are trading on behalf of a family member. You would need a POA to do that and they are gonna see that as a red flag.
jnbadger- That is great fellow MES trader. I bet you will have nothing bad to say. I been telling people here how easy and comfortable it is working with MES, but as you know 99% of them are just negative. Even Emmett changed his mind once he knew the true. I wish you the best of success with MES.
@raj- You have to be really talented to get funded. these guys only want the best of the best. It’s free so they can fund whoever they want.
jnbadger – It would be great if you and everyone else who passed the trial could come back and give us an update on your experience with MES Capital. Also it would be helpful to let people know a little bit more the result of your 20-day trial like how many losing/winning days, biggest losing/winning day, largest draw down from the starting amount, number of trades per day, length of trade, etc. so we have an idea how your were funded.
Good point. Personally I don’t like the Rithmic pro software given for this … I have decided to go back into TST combine here.
David,
Did you started the trial? I just started the trial a week and a half ago. It took me a few days to get around the Rithmic platform. I’ve already exceeded the minimum target profit so it’s going well so far. I’m not crazy about the trading platform either but there are planned updates to the platform. You could also use other platform during the trial with the Rithmic data feed. Have you taken the TST combine previously?
Yes. I will be on Day 3 at MES … but I don’t really care for Rithmic Pro. Cool about exceeding the target already! There were some nice trading days in CL as well last week.
Yes on TST. I have taken and passed the combine and been funded 3 separate times. My last time funded I lasted 14 days before I had to close the funded account and take a check for profits.
David,
Why did you close the account when you have profits? So you’re taking both MES trial and TST combine currently? I just posted on the this review about my current MES Trial. As I was typing out the post, I was logged out of my RTrader platform and now I’m having trouble logging in with my credentials. I hope they didn’t shut down my account. After 8 days of trading I’ve surpassed the minimum profit target and never hit my daily stop loss. I had some small losses the first few days just getting around the platform for the first time. I’ve emailed them and waiting for their reply. You can search for “T.N.” on this page to see my other posts.
I wasn’t able to login today either at MES. You?
I couldn’t log until later in the day.
Hi again.
Well, I said I would give an update no matter what, so here goes.
What a disappointing experience. Raj, you are right when you say they don’t give specific parameters. Well, they do after you go live, but they don’t honor them.
After 2 weeks, I was given a warning via email, which said i wasn’t trading like i did during the simulation. Not true. 3 days later I was let go. They said they were aware I was trading multiple accounts. Also not true.
I was given a max drawdown of 1500. I was down around 350 at the time of the termination email. So their decision to let me go was totally subjective and had no basis on reality.
My only thinking is that they were able to review all of my profitable trades that they can use for their own gain. Nothing else makes sense.
I actually really like the Rithmic software. I’m in my 4th day at TST and I’m doing well with it. Up around 500 in the 50k combine.
In short, I am bitter as hell. I traded my ass off to pass the trial, only to be let go for no reason what so ever. I didn’t start making money in the live account right away, but I was taking it slow, and that was also the case in my trial. Hell, I made 1600 in the last 4 days of my trial to make it to my goal. That’s how trading goes. You take advantage of the short lived profit opportunities.
There is something wrong with this company, and i still can’t put my finger on it. I was a bit leery to begin with, and that feeling was warranted.
The one positive I got out of it was that I proved to myself that could do well under a deadline while only trading 2 contracts. I originally hated the idea of a deadline but then I ended up thriving on it and then really went for it. And now I’m with TST, and I’ve never been so relaxed while trading.
Questions are welcome.
jnbadger,
Thanks for coming back and giving us an update. I doesn’t look like I will be getting funding with MES Capital anytime soon. The last few days, I find the Rithmic Pro trading software with MES Capital very glitchy. At one point I couldn’t even log in for nearly the whole day. Also charts and trade ladders showed one price but the “real” price was totally something else. I did not know what was going on. The moment I enter a trade I was already down quite significantly. I think at one point prices were off by more than 50 ticks. So imagine you enter a trade to buy 1 contract on CL and the moment you’re in, you’re down $500 because you’ve actually bought 50 ticks above the bid/ask price…YIKES!! 2 contracts and you would have hit your loss limit instantly. I couldn’t figure out what was happening until it was to late.
I understand TST also uses the Rithmic software. Does this same problem occur with Rithmic for TST?
I may go with TST if I can confirm this doesn’t also happen with TST.
So it sounds like they are looking for fantasy traders who never have a drawdown. What else would you expect, when they will not even set any published success criteria?
That alone should clue us in that they themselves have no idea how trading should or often goes.
Yes they will terminate you if you don’t show consistency between demo and live. It’s hard to shift to live, fu@ks you up big time.
MES is a sham. Emmett were you paid to say something different? Very suspicious. There is no person or phone number that works for MES Capital. There website is a joke with little information. No software download for Rithmic. Just a weird video sent about the Order Book . . . I received a Congratulations you are ready to start your trial for a funded account. Why would I bother when I can’t even talk with someone for a simple software license question. The VP of Operations a Julia Harrington’s email is a bounce. When you try to contact anyone you are just shifted to other companies . . vanark trading? Why does this business have such a lack of integrity? So far TST has been the best outfit to work with and looks like I will be going back there. There is nothing worst than having your time wasted when you are trying to make progress with your goal. I guess it is better to have this problem
MES is down? That is news to me. Will look into it and update.
Let us know what you find. If the only somewhat legitimate source of funding for day traders is gone that tells you something. And no TS is not legit.
check my post, as recent as today
I respectfully disagree it’s a sham. (I do not have any opinion about your specific experience, so it did not count towards my current bias)
My experience with MES: In January I presented 5 consecutive positive days of sim trades. I was accepted for trial. I did well, at first, then had a losing streak and hit loss limit. I have not yet reapplied. I have received no follow up emails from MES to sell me anything. I have no complaints about MES, only disappointed with myself…
I also have experience with Topstep. Again, no complaints about the company, only with myself… I like the way the Combine trading results are displayed in your account on their site, following each trading day. (“Combine” is what Topstep calls a trial.) With Topstep, you can restart a Combine as often as you wish, but the costs add up.
Winning with either company requires that you learn a level of discipline that will make you a better trader, whether you are funded or not.
It is absolutely essential that you learn to never allow yourself to reach the draw-down limit, if you expect to be qualified to trade someone else’s money.
Don’t expect to win a Combine, if you are a complete beginner at trading. It is harder than it looks. First, you have to be a consistently profitable trader. Next, you have to adapt your trading system to their rules. You may be profitable by your rules, but that’s not good enough for them. You have to do it by their rules.
If you really want to win at trading, keep trying. Most funded traders did not get funded on their first try.
I am suprised to see MES LLC located in the Virgin Islands. Does this concern anyone? Have any implication for traders in US?
You still have to pay taxes!
i negotiated my DD with them and they gave me 3k. Not bad for 2 lots. Profit sharing in return I asked for 30% and 50% > 20% they agreed. No issues so far. I asked them if I can disclose the profit split they didn’t mind.
Hi Zako, I wish to contact you, as I have some specific questions. Since there is no PM feature here, could you please contact me at yiehom at hotmail dot com. Thanks a lot in advance
I thought finally I found somebody who honestly would like to help traders. But I found your updated review of TST review and affiliation very disappointing.
You have proven “once a crook always a crook” true.
Most probably you are getting paid more from MES that made you switch.
Your updated TST review:
“On July 31, 2015 I published a gushing, candy coated review of TopStep Trader. You can read the original review here. Part of my motivation was monetary. TopStep Trader has an affiliate program that pay’s companies and individuals a commission of sales that are referred to them through a third party webpage. From July 31, 2015 to Jan 1st, 2016 I was paid a grand total of $2,150 in affiliate commissions. In addition to the affiliate commissions, I was also sent two frozen pizza’s from TopStep Trader, as a thank you gift.”
MES dont fund anymore. I completed 15 out of min 18 days and completed their profit target too. My account was opened late by 6 days, so I didnt get 20 working days, but still i achieved their profit target.
But they said that I failed as i didnt trade 18 days minimum. It was not my fault that my account was not ready for 6 days.
I think they are fraud or maybe recently not funding
raj – I’m not sure what happened for you but I was away from home when I got the email about qualifying for the trial. Trial accounts are created on Sundays, Mondays, Tuesdays, and Wednesdays. I’m not sure why you said “my account was not ready for 6 days” because once your account is created should be ready.
Personally I was concerned about not being able to trade the minimum amount of days because I was away and wasn’t properly equipped to trade so I emailed MES Capital. I guess my email was forwarded to Vankar Trading who I supposed is MES Capital’s broker/risk manager, the one managing and approving the trials. I was told that the trial actually starts once you sign in with credentials that they provide you.
I’m pretty sure once you have your login that means your trial account is ready. The login expires 29 days from the day the account is created. I’m my trial now but I’m not sure I will meet the minimum number of trading days because I was away from home when the account was created. I did not get back home to my computer three days later. Then a week after that I loss electricity for 4 days and experienced an historic flood (they called it the 1000 year flood) in Louisiana and had to evacuate my home. I wasn’t sure I have a home to get back to much less a computer to trade. I had to wade through chest-high flood water a few days later to get back to my home but surprisingly my home had very little damage from the flood. I was one of the few fortunate ones.
I’ve only traded 8 days but I’ve already surpassed the minimum target profit. If I did not meet the minimum trading days I hope MES Capital will make an exception or extend my trial account due to my unfortunate and untimely circumstance. I can’t think of waiting another year for a trial.
Also when I submitted for my trial, I sent in trading statistics for 5 trading days from a Ninjatrader demo account using the same parameters as MES Capital trial account parameters. I had a little over $3,957 net profits for those 5 trading days and received the email that I was approved for the trial about 7 hours later.
Wow, as I’m typing this, I’m having trouble logging into the RTrader Pro platform with the my trial credentials. Copy and pasting my login from the email doesn’t work either…oh, oh…
Vankar is currently under investigation with the NFA and the CFTC
i just finished my trial with 2000$ target hope i get funded.. i will update my statue if i get funded..
hello traders , i get funded with 15k$ .. and now i trading live.
day trader, congrats! what maximum loss limit did they provide?
loss limit is 1500$ only and i lost them.
$1500 in a day?
$1500 drawdown at any stage?
$1500 of initial funded amount?
Which?
Here is hidden rules:
After you pass the trial you’ll get funded $1,500 only (not $15,000 to $50,000). As soon as your account reach 3k they will block 1.5k. It’s mean you never lose your account under 1.5k initial deposit.
And if you have the talent YOU can increase your account up to $1,000,000. But if any given time the account loss back to 1.5k, GAME OVER!
Minimum lot size: 1 lot/contract
Pip value: EU, CAD, CHF, JPY… $12.5/pip
GL
If the funding is only $1500 then does it mean no ES or SPY?
The recurring idea that these funding houses have a bad business model is starting to chafe me tender bits. It would be dead easy to hedge the risks of taking on a new trader who has at least shown some basic level of skill with a month of acceptable risk/reward trade management. Just trade against them for a couple months, mirror every move they make. Profit/loss would be essentially flatlined until you have some confidence in the trader and then you step back. There are any number of variations on this theme that would work to limit the risk in the short term. As for sustainability – obviously if you have a rock star trader in the stable, you do not keep them at a 50/50 cut and hope they don’t figure out they could do better on their own! *facepalm* You increase their funding and/or offer a better cut. It is naive to think that the cookie cutter terms for newbies would still be applied to the rainmakers. I am beginning to think that a lot of the anger expressed regarding MES comes from the fact that their offer forces wannabe traders to admit (if only to themselves) that they really don’t have the chops to make it as pros. They want to keep rolling the dice with their underfunded and shrinking accounts and pretend they don’t suck, and call MES a scam or whatever so they can feel better about not being good enough to make the cut. Full disclosure – I am not an MES trader. Yet.
I don’t think that it would be “dead easy” to hedge risk to the point that you come out even until you identify your rockstar, rainmaker traders. MES would have to access to each trade the new trader makes as they make it and then have someone or some mechanism in place to trade against that position. Possible but not dead easy. As for keeping the rockstar, rainmaker trader, yes you could adjust your profit split and you could increase the amount of funding they receive which would work up to a point but eventually they would have enough of their own capital to trade independently. I can see however, that there would be an appeal to having an attractive profit split and essentially trading risk free with someone elses cash. Do you know if this is happening with any traders? I still think that it is a brave business model and not one that many would be willing to embrace.
My guess is if you tried to hedge a micro scalper and they lost you would end up with 2 losses; their trade and your hedge. I think Stray Dog brought up an interesting point. If you found one or more rock star traders; what would it take for them to stay. I know the draw downs allowed in TS, you might as well go it yourself. I would think they would have to allow the trader large draw downs otherwise why stay and split your money and be kicked out on a small draw down. And if you are such a rock star trader such that you never have any draw downs why would you need to stay. If you look at mutual funds and hedge funds these guys can lose money for years.
There is also the mathematics of the split. No matter what the split is MES is going to want their part of that split to represent a return on investment that makes it worthwhile for them. So MES gives the rock star trader $1,000,000 to trade and a very generous split of 70 for rock star and 30 for MES. That 30% has to equal a return on the whole 1,000,000 that MES can live with. Say they want a 10% return on their 1million. Their 30% share of the profits has to = 100,000. That means that rock star has to make $333,333 total profit or 33% on the 1 million MES has staked him to trade. Hopefully I’ve got my math right, but the underlying point is that the more generous MES makes the split the harder it is for the rock star to generate a return that is worth MES’s time. I can’t see the split moving much beyond 50/50 for the reason outlined above and also because they have to get a return that is higher overall to make up for all of the traders who aren’t rock stars.
Plus would the rock star day trader trading a small account, be able to successfully trader a large account. At some point you become the market. It is one thing to micro scalp a small account, but try that with a large account. My guess is they are still struggling to figure it out. All I know is if I had Saudi oil money, I would be buying hotels, shopping centers, apartment complexes and other profitable business, and not be funding day traders, but that is me (please no hate mail).
Yes, me too. Property builds wealth and replaces your income over time and the best part is someone else buys most of that asset for you through the rent they pay but it takes time. Trading can give you a better return than letting some pension fund get their hands on your cash and could replace your income but wealth will most likely come from investing rather than trading.
@Rob and Dog, those are all valid points. Some trading styles would probably not work but that is why there is a vetting process. I agree that ultimately the limiting factor for a funding house like MES is that they need a slice big enough to justify their risks. So they either become a revolving door for traders, which could work just fine, or they cut new deals as needed. I doubt that a paltry million $ (as advertised) is the real upper limit for successful traders, in which case a trader’s capital could be renegotiated many times before the numbers finally favor striking out on their own. If MES gets their numbers right they will eventually be a hedge fund with an innovative talent scouting department. Hedge funds do crater, but nobody doubts the viability of the business model.
Hedge funds are brilliant business model. First trading other people’s money. You get 2% to just to manage plus 20% of any profits. And what is less knows is if they lose money they just close down and start a new hedge fund so they can get their 20% on gains. And the worst part is for all that most cannot even beat the S&P. Why people invest in them is mind blogging to me. It is like the more you charge the more you convince people you have some type of advantage.
http://www.cnbc.com/2016/02/23/the-surprising-hedge-fund-strategy-thats-beating-the-market.html
Hey guys, I’m futures newbie.
What do you trade during evaluation period?
How can I trade 1 lot of CL, if it’s worth more than $15,000?
-is that even possible?
I’m really confused. Thank you for your help and sorry for stupid questions.
Info on their site, Again, it is all FREE
I could not find answer to my question. Would you be so kind and answer me directly please?
Do this Karol : on their website, scroll all the way down to questions & anwers and pick the question you seek answer for.
You will be trading CME futures and options products, during day time. So, not sure about CL, from Nymex.
Best
Thank you, however how am I supposed to trade something with its value bigger than 15K per 1 lot?
That is the whole point of trading on margin. You are going to have to use your Google Fu to find some information on the mechanics of trading futures. It is not possible for anyone to explain that to you completely using posts in a forum discussion.
ref: https://www.google.com/search?q=trading+futures+on+margin
Again, you pay nothing for the trial.
Depending on the broker, you can trade 1 lot intraday for 1.000 intraday margin, and even less. With Mes K you can trade up to 4 contracts at any time. Crude and currencies futures included. You have to take the initial 15.000 to 17.000+ in 20 trading days. Taking it to 13.500 disqualifies.
Thank you Emmett for going where the evidence has led you regarding MES. To change your mind and say so publicly is the mark of a true gentleman. Disregard the naysayers and critics, it is sadly common these days for people to fail to recognize an act of integrity. No good deed goes unpunished.
Thanks for the positive comment.
Although, this industry has left me a bit jaded and skeptical of just about everything. Like an old beat cop, that has been dealing with humanity for too long, sometimes I am a bit callous.
This is the best company out there!!
Better luck next time EM
Guys it’s normal to find a lot of people coming here defending MES. MES has been good to us. They offered something unheard of. Some made it with realistic parameters and some didn’t. Nothing was pushed on to us. I understand why people hitting Emmett. He deserved it. He was the first one to admit his fuck up, good for him but perhaps too late. So seems pretty normal if he gets beaten down. After all he brought it upon himself.
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Thanks for the comment.
A lot has changed.
A couple of years ago I got funded with MES. $50k. I did not however take a trial. I was asked to provide 3 months of live trading statements. I’m impressed with their new website as they didn’t have one in 2014. I highly recommend them. Too bad the guy I was dealing with left the company.
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I also spoke with the person you were dealing with. Very nice guy.
In speaking with him, in the early days they had a rough go and had quite the learning curve.
Thanks for taking the time to post your comment. Much appreciated.
I am not sure if this is possible, but can’t you get blog software by which people can give, at a minimum, thumbs up or a thumbs down rating to a comment? Then, with an overwhelming amount of thumbs down, the comment can still remain there for those that want to see it, but it will show “comment hidden due to low rating” so that people that come here to read the subject matter, don’t have to see these assholes who come here to get attention and have nothing to contribute? Is that possible? Assuming the vast majority of people come here to learn and contribute, I can only assume we can weed out the few assholes and we don’t have to keep their comment in view and I am sure many are happy to ‘thumbs down’ them into obscurity. Is that possible? I know a few blogs have that. If you aren’t going to moderate the assholes, which is fine, perhaps we can a bit?? Just a thought. I hate seeing jerkoffs putting useless garbage on here
What a great idea. This would move the most helpful comments to the top.
I also dislike the petty sniping. But this is the problem with free speech, I express my opinion very loudly and so I have to allow others to express themselves.
Doesn’t seem like a great idea. There are many other reviews than just MES. You could have plants from multiple IP arrays to just keep thumbing up planted comments or downthumbing real testimonials.
Perhaps you are right. Then I believe the only option is to do what Big Mike does, and have rules for posts whereby the petty name calling, comments entirely irrelevant to the subject, Vendor promoting other than in that vendor section, etc, is not allowed. I just think a decision should be made not allowing a complete lack of professionalism. That is not too say a person can’t complain in a constructive manner, but to literally call names and personally attack the other, that is going too far. it is quite common to have moderation on these types of forums and it is for good reason
OK, got the commenting system upgraded where the best comments can receive an uptick and be sorted. Hopefully it works ok.
Thanks for sending me the feedback.
What A Small World!
Yes a small world. I am a part time trader and captain of a small boat.
I met people who worked there and told them I’m already taking the demo. They were kind enough to reset the account for me as I had some issues with R|Trader in the beginning. Yes they know about this blog and they don’t care, that’s what they told me. I believe them as you can tell how happy they are and the positive vibes you get. Not sure if trading is for me but I will like to visit their site again and see if I can trade.
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Stupid Blog!
Agree with many of the traders here. Emmett knew he fucked up from the beginning with the bad review. What an idiot. Why review a free service is just killing me with laughter. True moron you are. You lost a lot of credibility with that review. Soon or later you knew traders will not be asked to join rooms or anything, that’s why you had to change it asap.
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Yes its true, I am sometimes a “true moron and an idiot”. Feedback is always appreciated.
I can not help but wonder if all these people have the same IP address. Surely there cannot be this many whacked out folks. I see real people who post and this is just not a response from a intelligent individual.
what exactly did you disagree with in Emmett’s first post. Based on the information he got from MES I think it was very reasonable. Are you suppose to assume a company who provides you with no information is legitimate?
When I read responses like this it really makes you question MES Capital and their followers.
There are actually intelligent response from MES Capitial users, maybe read some of those and you will get an idea.
Yeah, yeah, yeah, Emmett is a “true moron and an idiot”. He went to prison didn’t he. So that’s a dead subject. So unless you can come up with something else to further define Emmett based on real facts, why not talk about your experience with the current subject, ie MES. Do you have any experience with them? Did you take the trial? Pass? Fail? Get funded? Succeed? In all of Emmett’s reviews of sites, he has always simply asked for proof of what they do or what they claim. Unless I’ve missed something, I don’t think any of those whom he reviewed badly but asked for proof to rewrite an updated review, have given him any evidence to prove what they do. MES is certainly entitled to not reveal what they do, especially since they aren’t charging anything. Let those who defend MES stick to their experience instead of attack, attack, attack and attack some more. What good does that do, other than to provide a substitute for a good orgasm. BTW, I prefer the latter.
Ditto Rob B and rtchoke. It’s hard to believe that many of these posts are not from the same person because they have the same unstable, bat sh!t crazy tone to them. No facts produced just attack, attack, attack anyone who points out the logic of why MES got a bad review in the first place. Add to that that the new review seems to do nothing to help them move beyond the first review and provide relevant information about dealing with MES. They still want to attack Emmett with accusations of writing a bad review because he didn’t get paid etc. etc. I wouldn’t let the person or people responsible for these posts park my car let alone trade my capital. Their posts do MES no good at all.
Get a life Stray, Rob and rtchoke
Look who’s talking. If I remember correctly, you have not taken the service and yet you thrash them. So please shut it!
Rob, rtchoke and you have written more than Emmett in many reviews without trying out the service that the rooms give.
You guys are always negative and need help quickly. You spend more time here than with your families.
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Show me a post where I trashed MES. Show me a post where the profanity laden posts from MES supports were appropriate as a response to them.
TRich, I’ve never bashed MES. What I Have said is to not attack Emmett since he’s already admitted his wrongful review but rather to post your experience with MES. Also, not to attack others on this site because they have questions about MES. I think it’s great if MES is funding traders. Why not hop on? I wish someone had funded me when I started trading. So TRich, what is your experience? Did you take the trial? Pass? Fail? Get funded? Please give us some info. Let’s stay on topic here instead of the attacks on others.
TRich,
Well, you are probably right that I need to get a life. But I am very good at multitasking. Even as I type this I am taking care of 2 week old rescue kitties, which is a lot of work. BTW anyone want a baby kitten?
Do you even read my post. I repeatedly said I knew traders that have used them and they seem legit.
Instead of motherhood statements, point out exactly what I said that was soooooooo horrible. Maybe I said something wrong, so show me the errors in my ways.
Because Emmett wanted money!
Hi Rob. I think people are pissed at Emmett because of what he wrong in the first review. That’s all.
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Emmet, thanks for having the courage to make the corection of the previous review it really clearify my view of the company. BTW i took one free trial at the begining of February and I did not pass, because I had some issues with the platform (rithmic) and my strategy was not well defined but after that I have not recived any email from them, fact that proves that they are not selling anything . BTW: in a previous comment I saw that you want to make a review of tst funded traders, if so I had the opportunity to trade their funds for some time if you need my opinion you can contact me. Once again thanks for your work
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You asked for it
“…get out your Billy clubs and write something nasty about me in the comments section. I certainly deserve it.”
I am not a hater of yours but you fucked this one up big time LOL
Where do you want it?
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And I like to know the truth.
Why did Emmett change his mind about the company?
He basically said MES is shit and stay away from in the first review. Now he is saying, No MES is great!
You want us to believe you now?!
Emmett you change your mind like the weather,,, I wish the weather can get paid like you Emmett then we’d have blue skies all year round.
And to this I would quote Sir Winston Churchill, “the Americans are always right, but only after exhausting every possible alternative.
I have a great idea. If all these rooms say they can trader profitability then why don’t they take the MES challenge????
It’s free and they have nothing to lose. It’s realistic in risk parameters too. Come on I dare you.
Emmett how about that for an idea.
Who cares about Emmett
@Bahnhof- I agree. But who cares. He is an ex-criminal. Normal for him to do something like this.
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Negotiate Everything
I’m an Indian trader who got funded by MES.
My experience was very positive. I had a $3k stop loss on the $15k account. I managed to get that as I was profitable and backed it.
Thank you.
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Stray Dog is a BOZO
Straydog. No one is having wet dreams you chode.
Emmett wanted money and never got it. He had to change his review or he’ll be gone. Please will try out a free service and when they find out the truth, Emmett will be toast! Simple as that.
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I like cinnamon toast.
And I like wet dreams.
Emmett,
Your credibility is zero. How could you review something without any proof. Journalism at its worst. After you messed it up you still keep the old review up. You should take it down, fix it or pdf it with a link. This way viewers can see where you went wrong.
Never let your feelings get in the way. Always state facts.
Good Luck
Hi,
I got funded and blew it. The broker was very nice dealing with. I’m really pissed having to wait another 12 months. F@CK!
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How did you blow it? Bad money management?
It seems like being conservative is what is needed, especially with the low contract size in the beginning and the scale in plan.
im in the 20 day trial as we speak i will keep people posted im in week 2 and on target
Your trial should have ended by now. Please come back and give us an update. That would be helpful to this community.
Thank You MES
Thanks MES for the free trial.
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Thank you for sharing that you got a free trial. Would love if you could share more of your experiences!
What is there to share? I sent a 5 day demo. Got an email to follow the link and took the trial.
Lost -1600 due to Yellen. Mistake traded the news. Account shut. That’s it. I have to wait another 12 months. There were no follow up emails. I knew I blew it.
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I tried and failed!
I also took the free trial and I also blew up the account. The rules are a bit strict in my opinion, but I understand why they are there. Here were the parameters:
Max Contracts Allowed: 4 contracts max, 2 max per instrument
Starting Balance: $15,000
Account Shut-Off: $13,500
Profit Target: Hit or exceed $2,000
Max Loss: $1,500 (Account & Daily Maximum)
Trading Days: Minimum of 18 trading days
I took trades that i normally wouldn’t take, due to the rules. Overall I disliked my performance and thought it was a misrepresentation of my true trading abilities. I decided to break the rules and trade 4 contracts to guarantee my failure and allow for another 12 months of practice strictly using their rules and parameters. I suggest to anyone thinking of trying it out, to do the same. Practice makes perfect and will eliminate much of the stress experienced during the evaluation. I look forward to my next evaluation in November 2017, and posting my results here. Thanks your for your reviews Emmett! Saved me a ton of money I don’t have!
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Massi Learn to Read
@Massi- Shut up! I was the only one who was shouting that MES was not a fraud and scam! Go to the old review and see for yourself.
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No Problems
#straydog. I might understand the frustration of some of these traders towards you. Like myself I signed up with MES and had no problems. This is a free chance for the underfunded. Why you trash out this service it’s an insult to us. You’d rather us pay then get stuff for free. Therefore I shall not use profanity like the others, instead i shall say, “God help you.”
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Thank you for your gracious comment. Hopefully the level of discourse improves and we get some more comments from currently funded traders. Ideally, I would love to talk about what MES defines as success.
Message boards can sometimes get a bit rowdy. Free speech is great until someone disagrees with firmly held beliefs.
Manik please show me any post from me where I trashed MES. I responded to people who abused me. It seems that you do need to read all of the posts.
Better review
Better review. Still puzzled why you review them. Are they selling anything. I tried to visit their London office but it’s under a different name. I think they want the retail people so they take opposite positions. How many retail traders make money? 1% I’d like to be on the opposite side of that.
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#straydog vaffanculo!
Buongiorno.
I see the MES intelligentsia are back again. Do you have any information to add to the discussion about MES? It’s doubtful since you don’t possess enough intelligence to understand the posts that have been made so far and the best you can do is spew profanities. Massi why are people talking? The question should be why aren’t decent MES people talking? If these trolls are representative of MES clients then they are in trouble. Trading requires mental and emotional maturity and stability and that’s in very short supply from the posters here who proport to be MES clients.
Man that is such an insightful comment. You are like Einstein. How do you come up with such a brilliant well thought out post. You must be a PH.d. Is there a book or class I can take to become so witty?
BTW, does you name mean StrayDog shitted all over you?
Man, look at the level we have come to. To Bad it is illegal to kill stupid people.
So Massi, your first post here is to attack people and start cursing them. Is that what you do on all the internet sites you post? There’s no surer way to end a good site than to insult other people rather than comment on the subject. Too many posts for you? Why not skip the ones you don’t like and only read the ones that you agree with. That would also save us your childish rants. You didn’t pass the MES trial. Maybe you could learn something from people on this site who actually know how to trade.
Why are the same people talking? Rob, rtchoke, Cala and #straydog vaffanculo.They talk million times here and there. You making this review very hard to read and follow. Please kick them out.
Gio!!! Bellissimo!!!
So no bad reviews for MES? They did not accept me. They want live account? How long you wait for a trial?
They did not accept your for the trial or after the trial for funding?
Enough Said... Let's All Move On.
Dear Emmett,
I have read many reviews by you. I read both the first version and second version. Please remove the first version as it was a huge mistake like you pointed out.
I took the MES challenge in late Nov 2015. I didn’t make it to the funded stage. I read Emmett’s first review and I totally disagreed with. His second review is exactly what I have experienced. I thank you for taking the courage to state the facts and say the truth as you did in your second “updated” review. I understand you are being paid by TOPSTEP so you had to write something bad about MES (you said it not me as it influenced your decision). And yes Topstep has an affiliated program where they pay $150 per referral https://s3.amazonaws.com/topsteptrader-production/AffiliateMaterials/AffiliateTerm%26Conditions.pdf
On thing I do not like with the comments are silly stuff, like calling out names and trying to figure out how a company makes profits. Yes Rob (I believe you took the trials didn’t you as you mentioned in the old review. I might be mistaking you for someone else) i know you read this and I would highly advise you to read a book by Jack Garson, How To Build A Business And Sell It For MILLIONS. It will enlighten you a bit perhaps. We all trade and we all want Emmett to identify the scammers. So please, only people who tried out MES post something.
One thing to point out which no one mentioned is that to take the trial again it’s a 12 month wait. Anyone get that? I reapplied and was told to wait 12 months.
I thank you for your time in reading this.
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Thanks for the comment. In my opinion, its important to leave the first review and show the correction that I made. Its a two sided sword because sometimes I get these reviews wrong and if I dont show where I am wrong, then many will accuse me of hiding my own faults.
I agree that the comments section needs to include more persons actively involved with MES. But its an open forum and sometimes things get heated.
I disagree with you that only MES customers should opine here, and that no inquiries into MES’s business model should be made. That would be censorship.
But I do agree with you about the confusion created by outdated reviews. Maybe Emmett could modify the original and add a big disclaimer at the top like “THIS REVIEW IS OUT OF DATE. PLEASE SEE FOR THE LATEST INFO”.
I assume your Google broke down and you couldn’t do a 10 second search to answer your own question “how does Tumblr/Candy Crush make money”, so here, I did it for you:
Tumblr: http://www.investopedia.com/articles/investing/040915/how-tumblr-makes-money.asp
Candy Crush: http://www.businessinsider.com/how-candy-crush-makes-so-much-money-2013-10
Very interesting articles, you should read them. Of course, assuming you’re really interested in educating yourself, and not just trolling this site.
Enough bickering. Please.
Cala, Gio and etc. All I read is insults. You guys are 99% fact free. Can you really not make an intelligent argument? I guess this is what this country has come down to.
Stating Specific issues over a post is fine, but this is Silliness.
Emmett I know you hate deleting post, but post that add do nothing but insult another poster and bring nothing to the light have no value. These type of post are designed to just wear someone done. What value does Cala and Gio last post add. If they wanted to bring up specific issues in ones post and disagree with it, hopefully presenting a logical argument, that is fine, but this just turns into junk yard trash. I say Remove them!!!!. You need to get like BM and Say “BANNED”
You know, this flood of mindless insults makes me doubt my initial impression that MES might be legit and worth trying out. I mean, if MES hired these nasty trolls to come here and divert/devolve the discussion into a stream of profanities then that raises the prospect that they have something ominous going on.
Of course, these idiots might have been hired by MES’s competition to defame them exactly through this kind of reverse-psychology tactic, so these posts by themselves don’t make MES a fraud. But if I was on the lookout for pitfalls before re MES, I’m doubly on the lookout now (which one should be in anyway in this area dominated by fraudsters).
I say let the comments stay. Anyone who reads this thread will be able to reach their own opinions about the quality of the individuals who have represented MES here and unfortunately, by extension, about MES itself. I understand defending a company like MES who makes it possible for traders with small accounts to trade worthwhile positions and get around the PDT rules but this appears to me to be more like a campaign of intimidation with the aim of censoring questions and comments about MES. A more effective defense of MES would have been for people to share their experiences. Zyzzyva.
#straydog vaffanculo!
Well said Gio! You missed 3 or 4 other individuals too. I love it #straydog vaffanculo! LOL
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I forget #straydog vaffanculo!!!
Sorry English not very good. Trader from Italy. I like MES. No problem for me. Thank you.
Stray Dog Does It Hurt?
AG has a point! Emmett said he acted like a child by giving a bad review without any due diligence. I wouldn’t give information to anyone regarding my website ONLY IF i was free. So I understand why MES didn’t offer to speak with Emmett given his criminal record. They will probably speak to Bloomberg or CNBC.
Stray Dog: What’s up your ass? GTR still. Let it go mate. You’re a wealth chap, you’ll survive.
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Yes, SHUT UP!
CHII is right, you people are envious, bored and stupid! Stop being silly and post your experience with MES. I’m sure MES didn’t even look at your applications.
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If it’s any consolation Rob B I would have voted for you. As the biggest idiot commenting on MES I want the MES cheer squad to show me the posts that are responsible for me winning this title of “Biggest Idiot.” It’s been my experience in life that the dimmest minds resort to name calling and vulgarities because they lack a winning argument. CH II where did Arab or Jew get mentioned in anything I said. Seems to me that you may have some issues regarding race that you haven’t dealt with but that topic didn’t come from me. The other attacks have also lacked any substantive proof of anything that I’ve said that you can be offended with. I stand by my comments that MES got the review they deserved because they failed to provide information that Emmett asked for. For the other idiots who said that they got an initial bad review because they didn’t pay Emmett money I’ve already show you the illogicality of that argument although Rob B can do a much better job of doing that than I can. So MES Cheer Squad if you’ve got something that you can show here that you have a right to be offended about let me have it but so far you’ve produced nothing other than you not liking that fact that I have an opinion and that I support Emmett or is it just penis envy?
Ah Stray Dog, other than the penis envy stuff, you could give Hillary and Donald a good run for the money, er, Presidency (well Trump might argue with you over the penis envy stuff). I also don’t know where CH II got the Jew Arab stuff, but I thought this was a religious freedom site:) And Rob B and Stray Dog, geez, I didn’t even make the list of number one idiot. I’m really upset about that. I better start working on putting up legitimate posts here.
Emmett, my sympathies to you for all you have to put up with. The fact is as far as I can tell you’ve been completely transparent even to the point of owning up to your mistakes. It’s getting pretty old that people come here to attack you or Rob B or Stray Dog and do not provide any real proof of their case. Some people here probably do trade for a living but they don’t have to show any proof because they’re not selling anything. And that’s the point, CHII, Stray Dog doesn’t have to show anything but anyone selling their stuff and advertising they can make you rich quickly better sure enough show some sort of verifiable statement to prove their case I seems that MES doesn’t ask for any money or badger people to buy anything and that’s good. As for MES, hopefully someone will show some sort of statement that will satisfy the needs of people on this list but in the meantime as Rob B and Stray Dog have both sai and I agree, if you need funding, don’t walk, run get it while the oven’s hot.
“CH II, really there was a CH I.” – Funny stuff Rob B.
Ah rtchoke hopefully your post will smooth troubled waters. Now that we can all agree that MES seems legit and that if you need funding you’ve be a moron to let this opportunity slip by can Emmett give us some information about his post “One of the things nobody talks about are the traders that got funded and lost MES’s money. That was an interesting part of the conversation that I had with one of the founders.” That would provide with useful information for people interested in MES.
Darn I am the 2nd biggest idiot. I wanted to win something; at least I beat Ari.
CH II, really there was a CH I. Anyway I have said even though I do not think this business model will last, that is my opinion and my opinion only, I have said other traders I know have tried MES and they seem legit and if you needed funding you should go for it.
Also you said you are new, come back in a year after experience the world of day trading and see if you feel the same way.
Thanks for the comment CH.
One of the things nobody talks about are the traders that got funded and lost MES’s money. That was an interesting part of the conversation that I had with one of the founders.
I have no dog in the fight, you are just obnoxious. You are either some blowhard for Emmett, Emmett himself, or just a loser with too much time on your hands. A 1099 for his trading account Rob, he said “I have $250,000 set aside for trading. This is the money that I can lose and not worry about so I must be doing something right; “poor guy” doesn’t describe any part of my life.”
Again i don’t really care about MES legitimacy, I am just reading an annoying troll that keeps throwing his 2 cents in that oddly just back up Emmett no matter what he does. And a chode after you googled it isn’t just wide, its a hockey puck shape in terms of length so I am glad you cleared that up for everyone on here.
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If you have a problem with stray dog’s posts then maybe you should stop reading them. And btw, not discussing the issue at hand (MES) but instead attacking someone personally is the definition of trolling, you troll.
I have some amazing trolls that spend at least an hour a day posting nasty diatribe about yours truly. I scan it and laugh. Free speech is great until someone starts using against you. Then it sucks. Sometimes I just want to ban some people, but even he trolls are keeping me honest and giving up useful nuggets.
No dog in the fight. Sounds like you have a bone to pick. Stray Dog was responding to another poster who attacked him.
I will stop there it has nothing to do with MES Capital and I already have my share of fights already.
AG – I just sent Emmett screen shots of my trading account where I keep about $100,000 and the account that I use to store and transfer money between my stock trading account and my forex trading account. I didn’t include screen shots of my forex account or of my penis. Do you want those too? Go on, you know that you do 🙂
Stray Dog, no one cares if you have a small 100k account that was 250k before today. Show your profit and losses since you are a hot shot trader and tell everyone else how you would never do a prop deal…
Stray Dog deserves to be trolled because he plays a holier than now card like he knows something no one else does. He is the definition of a clown.
The fact that you think this, ” I stand by my comments that MES got the review they deserved because they failed to provide information that Emmett asked for. ” shows how much of a bozo you are. The world doesn’t work that way and shouldn’t. Its called slander.
Why would any legit group give a shit about some ridiculous ex con blog where the guy blatantly misleads people to get website hits all the while acting like he is a dateline reporter and deserves to know everything about any business. Real Journalists don’t throw mud at a group because they wouldn’t answer his questions which is what he does over and over.
I will not even comment except to comment on Slander. You are using slander as if someone posted something fraudulent. We have a constitution right to free speech here and thank goodness for it. What you can not do is make knowing false statements like if you said MES capital stole 10 customers money and you had no evidence. I see nothing posted here that is fraudulent. The comment:
“The fact that you think this, ” I stand by my comments that MES got the review they deserved because they failed to provide information that Emmett asked for. ” shows how much of a bozo you are. The world doesn’t work that way and shouldn’t. Its called slander.”
That is not slander. That is a recap of Emmett’s 1st review.
I am not saying straydog’s comment is slander but you made my point. Someone who is running a review site doesn’t have the right to make up broad assumptions and throw dirt at a company because they wouldn’t play nice and answer you. The fact that he thinks yes anyone who doesn’t answer this guys deserves to be shit on in an open forum is completely idiotic.
AG You are coming to conclusions that can only be reached by contorting logic and you are doing it because you have an irrational dislike of me. Is this because you do have a “dog in the fight?” Is it because you don’t like people who have worked hard towards attaining some financial success or are you just an angry individual? Let’s start with the $250,000. If you read my posts rather than just get angry because I wrote something, you’d have read that I keep $100,000 in my trading account and I also sent a screen shot of the account that I use to transfer money between stock trading and forex trading accounts, that’s where the other $150,000 is. You could have worked this out for yourself or at least I thought someone with a normal intellectual capacity could have worked it out but that was my fault because I’m dealing with you and you don’t fit that category. As to my comment that I stand by my comment well what can I say except that I do. It’s my opinion and I can express it. If you have issues with Emmett then take them up with him but he informed MES he was writing a review, they refused to give him any details so he wrote a negative review. They and their supporters can’t claim foul after the fact. I’m baffled as to why any of my statements in this review or in the previous review about MES offend you so much. You need to book extra time with your therapist and work out your issues there but so far nothing that you written here would make a normal person react the way that you have. Get help AG, get it quick.
EDIT “nothing that “I” have written here”about MES” would make …”
This is my last response as I have already wasted enough time on this garbage.
“Is it because you don’t like people who have worked hard towards attaining some financial success or are you just an angry individual? Let’s start with the $250,000. ”
Not sure what industry/world you live in but a 250k account isn’t something to brag about. My whole point in bringing that up was for you to put your money where your mouth is and prove you are such an all star trader by posting your return on capital. You claim you would never accept a 50% payout on your returns when the best money mangers in the world take 20% is just a retail dipshit mentality.
My guess by reading your past responses to everything on this site is you are some clown that got ripped off by some “trading guru” website and now you are a bitter loser. No one cares.
The rest of your garbage response isn’t worth acknowledging. The fact that people stick up for a company that has done them right and that they see is now getting shit talked is somehow a mystery to you or anyone reading is mind boggling. You are pathetic.
And in troll fashion you will get the last word in after this I am sure. End of the day you have to look yourself in the mirror and realize you are a worthless loser.
Alright guys, lets move onto another subject please. This is starting to resemble a Donald Trump rally. I love a good debate, but its time for everyone to let this go.
stray dog
Hey Straydog, get a life you chode. You are one of the more annoying trolls I have come across on any internet message board. Also, prove it if you are such a hotshot with your trading account. Post your 1099 of gains/losses for the past few years
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Easy folks. I have said this a hundred times, stray dog loves to harangue and be provacative…but folks should not take blog comments as legal script or religious doctrine. Its just a place for opinions.
I have trolls that harangue and harass me daily on these message boards. But its just random opinion, expressed in a fraction of a moment.
How does Stray Dog tax return show an evidence to MES Capital legitimization? Was there something he posted you disagree with?
Another high class post from the intellectual crowd at MES. Well done AG. I’ll ask you again to point out the specific post where I said MES was a scam. What is so offensive or trollish about what I’ve written. I can’t help it if you didn’t manage your life to be financially comfortable but I did.
Oh and thanks for the compliment, yes I’m very, very, very, very wide.
I was impressed when I came across your site a few months ago but it seems to be becoming a bit of a caricature. And these MES reviews swing from one biased extreme too another. Last time TST were great and MES were crap and now you have decided that MES are great and TST are crap.
Don’t go with TST because “nearly everyone eventually fails”, most people fail anyway. And because TST have a sustainable business model that requires the people who do Combines to pay there own way, because they will never make any money for TST that is bad. But MES that absorbs all those costs themself is somehow good. This is that whole ‘everybody should give everything to me for free’ mindset that I hate in trading. I don’t see anything talking about the trading platform used with MES or their profit split that I understand is 50% compared to 20% with TST (0% on the first $5,000), or any actual objective analysis what so ever. Just subjective flip-flop opinion
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I appreciate your opinion. The truth is that it took me 60 days to accumulate enough interviews with MES participants. The updated article was more a reflection of those interviews. The original MES article was skewed because I brought so much bias into the review.
On another note, I asked for statistics from TopStepTrader on pass/fail rates, retention rates, earn rates, etc. What they gave me was clever stats meant to portray only the best case scenarios. I expected this. However, its been a long time since the original TST review and just like MES, I now have over 30 interviews with TST traders. Those statistics are also very revealing. I will be writing an article based upon the interviews of TST people.
Since the original TST review, I have now accumulated over 30 interviews from former TST funded traders. The statistics, you will find are revealing. Very worthy reading material. The sample is large enough where you should be able to draw a final, and conclusive verdict on the TST model.
Emmett, will you be posting those TST statistics?
emmett plz respond
I like this review but am looking for a prop firm that would let me hold overnight positions in future markets.. so hold for 2-5 days. could you please let me know if you or anyone else here could help me find a legit one?? I’m not a day trader I’m a swing trader.. and am consisten
Thank you for the review Emet. I obviously know the owner of MES well and know the organization closely inside out. It is in my opinion the best opportunity out there for day trader. First review was obviously totally wrong. What is still somehow sad is the low intellectual quotient and poor comments of some of your readers. It is actually more sad for them in my opinion.
Unless they d actually know the organization they should probably just close their mouth and do something worth their time…again poor guy’s life
#straydogandco
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Thus far, nobody has been able to effectively organize the masses of angry voices. The voices of those that have spent their life savings on courses, and systems, and educators, and mentors, and software. And multiple blown up trading accounts, and personal frustration, humiliation, stress, angry spouses, embarrassment, feelings of failure, endless debt, insecurity, etc. All chasing the dream. Or just simply chasing the possibility of a better life for themselves and their families.
There is a great body of disaffected people that are angry and want justice. When you read comments that are seem vicious and perhaps read ignorant, what you fail to recognize is that just below the surface of the most outspoken voices is a great and vast body of disaffected people.
It time to rip off the scab and reveal the infection of this system that continues to systematically defraud honest people. Once the infection is drained and the light is able disinfect this mess, a new system can take root. A system based upon truth, transparency, and respect. Heady goals and probably way outside the realm of possibility.
As I’ve stated I don’t need their funding. I have $250,000 set aside for trading. This is the money that I can lose and not worry about so I must be doing something right; “poor guy” doesn’t describe any part of my life. I’d like to know which of my posts offends you so much. Where have I said that MES is a con? I’ve certainly attacked the hormonal posts of Cali and others who have said that Emmett gave a negative review because he didn’t get paid but where have I attacked MES? They were given the opportunity to prove that they were legit and they refused. They got the review that they deserved and if they are courting and getting traders with the emotional maturity like yourself,TR, then they deserve the consequences that come from getting 12 year olds to do a adult’s job.
Could be good to put a bold note/link at the top of the original review pointing to this one.
When doing a Google search for ‘MES Capital Group’, the original review comes up as the #2 result!
Thanks for all your hard work Emmet.
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Yes, working on that now. Thanks for the reminder.
The Party Began in 2014 For Me
For the past months i have been saying it’s not a scam and free funding. Get funded for free or pay someone else. The company has it’s own long/short closed ended fund from what I know so far. That’s my end goal, to prove to them I can trade. Remember I have been with them for over a year and I’m happy to take it to the next level of funding, $1M. I agree with Rob and I said it before it’s a bad business model but if you can find traders like myself then it’s an excellent model. Remember they changed the parameters from 50k, 25k to 15k. Also instead of 3 months to retry it’s now 12 months. Nevertheless they are providing a free service and I am getting paid.
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Not to get too specific, but how many contracts are you allowed to trade max?
F MES and Emit
Wow. Looks like emit took a crowbar to MES and made them pay up for a good non-extort review. MES went from zero to hero in a minute. The review is bullshit. the company is bullshit.
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Tough Crowd. Thanks for your opinion. Its sucks, but OK.
Extort. What is there to extort. MES is not selling trading education or even charging to take their test. So why would they pay an extortion fee. Makes no sense.
But here is where I do agree. I cannot see how this business model works over time and in my humble opinion expect something to change over time like adding fees and etc. I have made my prediction and we will see over time, but I am expecting to see another updated review in the future. That is my crystal ball opinion. Take it or leave it.
BTW having said that if you need funded you should go for it.
It works if this is some rich Arab employing a team of good traders to multiply his funds.
Via a day trading competition? I will stick with my prediction and we will see.
The truth is out
It’s been around for a few years now.
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I guess if you’re a scammer selling overpriced and ineffective education products you’d be very worried about Emmitt and his reviews. So if you can’t attack the reviews he’s written because you can’t dispute them then you attack the person.
How many times have we heard this BS in the MES reviews? At least 3 times I think and the logic behind it doesn’t make any sense at all. There is a very long list of scum in these pages who would have gladly paid Emmett for a good review but they received a negative review. If Emmett is extorting trading gurus with the threat of a negative review unless they pay up he’s doing a sh!t job of it and he’s got an even more precarious business model than MES do.
I’m not suggesting that MES are scammers, I think they are legit. If you need funding apply now before the party is over.
I agree get that money before the party is over. Some Rich Arab should be buying hotels, shopping centers, railroads, utility companies and etc. That is certainly what I would be doing. Do you see Warren Buffet investing in Day Traders? Who with that money is investing in day traders? The whole thing makes no sense to me. I put this on the same level as going to Vegas and finding great crap table players and investing in them. This guy must be the laughing stock of the oil sheikh family.
What makes you think the Rich Arab didn’t already buy all those things, and is doing this just for variety? 🙂
Anyway, even if I’m right the party will still end soon, because once he has his team of super-traders there won’t be any need to continue with MES.
“once he has his team of super-traders there won’t be any need to continue with MES.” But will his super traders need to continue with MES? Once they have enough trading capital why continue to give away your profits to receive funding that you don’t need.
Hmmm, “Super Traders” . He is running a day trading test so this is Super Day Traders. Cannot help but wonder why TopStep has to charge all those bogus fees if they can make money from those Super Traders. Man I would give anything to know the truth about the TS profit breakdown. I have a gut feeling it is not coming from those super traders. Also can not help but wonder why GS and every hedge fund is not running a day trading test to find these super traders. Shouldn’t there be a lots of TS and MES companies. There must be a reason. I wonder what it might be.
Ha ha, love the sarcasm Rob. 🙂
Maybe “super” day traders or swing traders are ratted out by their brokers. The brokers betray their privacy and call up. Remember Karen the “super trader”? That fake, Snosoff who has averaged down on mainly losing positing for the last five years, admitted Thinkorswim under his control then brought attention to her account probably after she got investors to fund in multi millions based on her making 50% in one year.
Emmett, even if MES has to determine if your style of trading warrants getting funded, according to all the information you’ve posted, they are still steps ahead of TopStep. Looking at Top Step’s website, you not only have to pass their “combine”, but they you have to do another type of trial with limited room for error, so there are actually 2 steps that you have to prove before they grant you any funding, and then there’s still their decision on whether to fund you or not. Seems much more like a setup to guarantee traders fail. Also, they have a limit of $1000 drawdown in a week with a $50,000 sim account. So trading more than 1 contract at a time would be very difficult to do and maintain the loss limit. Maybe you should re-review TopStep. But very nice work on MES and they do seem very legitimate.
MES Capital *Update*
Emmitt – I certainly appreciate your passion, your work and your honesty. In situations like this, instead of putting out accusations expecting someone to correct them, maybe just lay out the fact that the criteria were unknown, the company rep was rude and you received no cooperation, which made you wonder about their legitimacy. Then ask for responses from candidates who’d been refused and others who had received funding. You might have received the same info from candidates that you received without the anger; seeing a desire to evaluate them fairly, the company might even have responded to clarify. 🙂
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Nice to see you change it when you discover you get it wrong. My dealings with MES capital has only been positive, so it’s nice to see you update the review to something better reflecting how I perceive the MES.
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Based on the initial contacts from the company, I am not beating you up with a club. TS makes their money from their on going fees. It will be interesting to see how MES does over time. BTW, Emmett will they provide you with any stats such as % of traders that apply that get funded and etc.
No, they didn’t.
This review changes nothing, nor does it offer ANY proof that the firm is legitimate. You seem to separate the truth from the facts in that the whole MES Capital Group is just a luring bait for the suckers to buy into Simon Josef Fraud Global Trade Room.
I also question how much YOU are now taking under the table for this ?
Ari
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I wish I was getting paid something. That would be nice! Lol.
Emmett, after reading this update the MES Capital community will be having wet dreams tonight. However, I stand by my comments about your initial review. If “MES Capital was really pissed off about the unfair review” they have only themselves to blame. They were given every opportunity to verify that they were legitimate and they refused. In light of that what type of review could they expect other than the one they got.
Well, I just feel better that I got it fixed. Certainly would of been much easier if they would of just been open, but I have a reputation for being a real jerk.
I just want to see more legit competition enter this space. If MES can produce a positive return, then perhaps others will step forward and improve the model.