Trade With Mr. X
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Honesty
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Quality
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Cost
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Support
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Verified Trades
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User Experience
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Summary
Mr. X is a self proclaimed ‘hedge fund manager’ that proclaims to manage billions of dollars in assets. He claims to be the “Top 1% of Hedge Fund Managers in the entire world” and has earned millions of dollars in trading profits.
He claims to live in the penthouse suite of the The Wynn hotel, routinely buys $200k exotic sports cars (three in the same month) and “stocks up on real estate in Beverly Hills” because money is literally shooting out of his asshole.
All of this can be yours for only $199 per month. Just login and copy his trades, your money problems are a thing of the past.
To lazy to copy his trades? No problem! He also offers ‘money management’ services to anyone stupid enough to invest with a guy that wont give you his name, and wears sunglasses at night.
Complete and total swindler. Avoid.
Pros
Clever marketing
Cons
Bogus marketing of rented hotel rooms and sports cars
Claims to be an audited money manager (he is not)
Claims to manage billions of dollars (he does not)
Claims to have earned millions of dollars (no proof)
Thanks for reading today’s review of Trade With Mr. X
Who is Mr. X and what is he selling? According to the Mr. X website, the company is offering money management services, a live day trading chatroom, private twitter feed, and approximately 17 hours of recorded training videos titled: Crash Course 1 & 2.
The cost of the basic Mr. X service begins at $199 per month, and then stair steps upward with various upsells for additional training materials. This offering is similar to nearly of the materials that we review at TradingSchools.Org — it usually begins with slick marketing and a relatively inexpensive “chat room” and then graduates into yet more expensive “secret training.”
Mr. X refuses to reveal his true identity. He also proclaims that he “made millions in profits” from 2006 – 2008 and that he was so successful that he was later recruited to manage a “multi-billion dollar hedge fund.”
According to Mr. X, his trading performance was so incredible that this (mysterious) multi-billion dollar hedge fund gave him $300 million dollars to manage from 2010 – 2015.
With yet more personal accolades, Mr. X claims that he is in the worlds top 3% of all portfolio managers with over $100 million in assets.
Quite an impressive resume indeed. You would think that such a world class money manager, working at a billion dollar hedge fund would be more than happy to reveal his true identity. But not Mr. X, he likes to keep things on ‘the down low’ by wearing sunglasses.
I would like to manage your money. But you cannot know my name. And I wear sunglasses.
Investment Management Services by Mr. X
According to Mr. X, he currently manages the assets of well over a dozen hedge funds, and most of these hedge funds have entrusted him with billions of dollars in assets. (yes, billions)
Mr. X would also like to manage your money. All you need to do is simply email Mr. X for his “prospectus” which he claims includes his “audited track record.”
To partake in these amazing profits, you must send Mr. X your money and he will charge you a “quarterly fee” as your asset manager.
Apparently, this Mr. X person is completely and totally oblivious that you must be registered with the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA) as a money manager. We contacted the Securities and Exchange Commission field office in Washington DC to report what appears to be a fraudulent asset management business.
Additionally, we contacted FINRA at 800-289-9999 and registered yet another complaint of an individual offering unregistered money management services on a random website.
Let me repeat, and be very clear…you cannot offer money management services without registration. Additionally, a ‘prospectus’ for these services must be filed with the SEC and copies of this prospectus must be audited and posted.
This appears to be outright fraud. You cannot state “audited track record” without actually performing an actual audit. It appears that this knucklehead just made all this shit up.
How these “money management” frauds persist
Usually, these sorts of investment scams begin with clever social media marketing. The fake ‘money manager’ will create a series of Twitter posts proclaiming amazing profits, and then accompany the marketing with images of exotic vacations, expensive sports cars, images of jewelry and cash.
Mr. X certainly fits into this mold. In the following video example, you can see how our phony hedge fund manager created this slick marketing piece in an attempt to lure the audience into his magical realm of opulence and unlimited shrimp cocktail.
I found the video pretty funny. However, with a bit of shoe leather, we discovered that the marketing videos were created at The Wynn in Las Vegas. For a virtual tour of the hotel room, you can visit this link.
In addition to renting a fancy hotel room and shooting these corny marketing videos…our illustrious, wannabe ‘hedge fund manager’ also has a Twitter profile with yet more ridiculousness.
On one post, Mr. X claims that “one of my students turned $10k into $200k overnight!” and yet another post “my student earned 346% on this trade!”
Our Mr. X is certainly a fancy little character. On another post, he is seen relaxing in a new Tesla…
But then a few days later, he is complaining about the new Tesla and proclaims that he purchased a TWO brand new Porsche sports cars ($450k). One for the “wifey” and something modest for himself.
What is funny about this Porsche picture is the showroom is located in Newport Beach, California.
Of course, I called the Porsche dealer and this Porsche is still sitting on the showroom floor.
Maybe our truly incredible ‘hedge fund’ manager paid for two Porsche’s but forget to take this one home?
Ultimate Douchebaggery
Some of these social media “hedge fund managers” really crawl up my buttcrack. Mr. X fits into this category.
TradingSchools.Org reached out to Mr. X in hopes of getting our hands on this amazing “audited track record.” But as you can imagine, he did not respond. However, we could watch in real time as he clicked and ignored our emails.
Additionally, he took the added step of blocking my public access to his Twitter account. Apparently, he felt he could hide his dirty diapers by blocking me. But I have more Twitter accounts than a prostitute has condoms on Superbowl Sunday.
Oh well, another day and another phony trader exposed. Thanks for reading.
To second the other comments on Mr X here, I can also confirm that he is one of the best trading subscription providers I have come across. The learning content on his site is enormous, but even if you only want to copy his trades, you‘ll profit a lot. And he is not the guy he plays in his videos shot in fancy hotel rooms (I also wonder: why?), but a very amiable guy who answers emails quickly, openly, and friendly.
He's the real deal.
It’s easy to think that the “Mr X” name, the cars, the sunglasses, the casino room makes him much more similar to the scam artists in the market then a real trader….but I can attest he is for real. I followed him when his picks in real time when they were free on twitter and I watched him make $$ . As a subscriber I tracked his trades in 2018 and in more detail later in the year and into 2019 and I can tell you at least in 2019 the data I have has him very, very profitable.
It was important for me to track his activity for two reasons (1) I’m still trying to figure out my long term style/methods and I want to believe that if I focus on one method/style I can ultimately be successful and (2) to compare against how I’m doing.
What’s good is he shares his trades in real time if you want to somewhat blindly follow him, but more important he puts out a minimum of 3 videos each week reviewing the market, setting a strategy and outlining his top picks. I very often use his strategies to buy other stocks and often have a similar but not overlapping portfolio. He often also puts out videos and private tweets during the week.
I’ve emailed him a number of times with questions and he’s responded each time within a day at most.
I am not a shill for him; I pay my monthly fee and am a normal guy/trader. I do acknowledge that the superficial persona would make you suspicious, but I will wrap up by saying over the last 10 to 15 years I’ve probably tried 30 to 40 different services to check things out and his is one of the best two I’ve ever found.
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I have been a member over a year now and I can say that he is the real deal as others commented. I was skeptical in the beginning because of the way he presented himself – sunglasses, fancy cars, hotel room, cocky twitter, etc., but I was wrong. I can tell he has a portfolio worth millions (if not tens of millions) based on his trading style and if I were him, I wouldn’t care much about getting more paid subscribers through upselling. Unlike his cocky public twitter feeds, his private twitter feeds for members are surprisingly insightful, down to earth, and “consistent” even while he was going through family events. I made way too much $$$ than what I paid to subscribe his service ($199/mo flat) by not necessarily following his picks, but trying to follow his mental makeup.
Cannot comment about the service for institutions as I have not used it.
$199 and then the price goes up? No, it doesn’t.
you should be ashamed to lie blatantly? Nah, it does come naturally to you.
lol
My previous comment where I wrote your review was factually incorrect was deleted. Really funny.
TradewithMrX charges a flat fee of $199 per month. There are no hidden fees or any “upsells” after that. The reviewer is just a plain old liar.
Mr. X posts his trade in real-time. I have been a subscriber since the launch of his website. He is simply an awesome trader with an amazing view of the market and even better communication skills.
Who gives a rat’s rear end if he shot his introductory video in Wynn? Is that a crime?
I am just a subscriber, I don’t buy his advisory services, so no comments on that nor do I care about that.
Just furious at the garbage written here. Oh well. That’s the internet, right.
TradewithMrX charges a flat fee of $199 per month. There are no hidden fees or any “upsells” after that. The reviewer is just a plain old liar.
Mr. X posts his trade in real-time. I have been a subscriber since the launch of his website. He is simply an awesome trader with an amazing view of the market and even better communication skills.
Who gives a rat’s rear end if he shot his introductory video in Wynn? Is that a crime?
I am just a subscriber, I don’t buy his advisory services, so no comments on that nor do I care about that.
Just furious at the garbage written here. Oh well. That’s the internet, right.
Follow up to my earlier comment. Besides Mr. X, the other services that I consider “worthy” are:
– Mark Minervini (Minervini Private Access)
– Dan Zanger (chartpattern.com)
– HCPG (highchartpatterns.com)
– Deron Wagner (Morpheus Trading Group)
That’s pretty much it. However, your site doesn’t review any of these. Why??
Follow up to my earlier comment. Besides Mr. X, the other services that I consider “worthy” are:
– Mark Minervini (Minervini Private Access)
– Dan Zanger (chartpattern.com)
– HCPG (highchartpatterns.com)
– Deron Wagner (Morpheus Trading Group)
That’s pretty much it. However, your site doesn’t review any of these. Why?
Mr. X Review
I was a subscriber for about 1 year. I quit because I don’t like paying a monthly fee for anything (and have been trading for a while and know how to trade), so 1 year with X was enough for me.
My conclusion: he’s the real deal. You guys have mischaracterized him. Yes, the sunglasses and hints about lifestyle are silly, but he’s a young guy and maybe needs to mature some more. The important thing is, his methodology is excellent and it works. That include his approach to stock picking, entries and exit, position sizing and most importantly, risk management. I’ve tried many products and services and software over the years, and Mr. X and MarketSmith are the only two I’d pay for again.
You review is not factual. I paid $199/month and there was never any upselling that happened. And no mention of money management services. Where did you guys get that information? I hope you didn’t make it up. That would be cause for slander.
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Be wary of Emmett Moore and what he says or offers.
Emmett Moore approached me many years ago with a business model to make me into the JD Power of the Futures Trade Industry. Calling himself Moore & Associates, his business address and building picture on his website were false; business associates emails were not delivered and their phones were non-working numbers. I walked away. He then siphoned off my approach to rate rooms, now even using the same criteria I have developed, and puts rooms down at 1 star ratings but as you see with Pitbull, offers a simple solution – onetime payment, to reverse the poor rating. He has an SEC fraud and conviction background, 3 years in a federal penitentiary for having swindled and defrauded hundreds upon hundreds of people of many millions of $ dollars, without any restitution – all covered in great detail on my video: Dr. Handley’s Review: Felons, Criminals and Rogue Traders.
(yawn)
I used to be a subscriber to Mr. X and quit only after I felt I have learned enough of his method. What I can tell you is that Mr. X is the real deal. His educational materials have very unique perspective and can open your eyes to a different level. He is a modern day Livermore or Darvas.
I don’t know what beef this trading school review site has to discredit Mr. X. I just want to point out one inaccuracy: his website charge a flat 199 per month and never upsold anything.
I completely agree with Mark H. Mr X charges a flat fee per month. No long term contracts. No upsells.
Mr. X has an awesome perspective that is unique and way more successful than these old school idiots who made money during the 90’s but can’t seem to beat the S&P in any year since the year 2000. Yet these idiots charge 3x the amount Mr. X charges.
I was a beginner and quickly fast tracked my knowledge of chart reading and how markets work. I know the students that made these incredible bets that netted 200% overnight. I actually saw some of the trades myself and didn’t have the balls to take them. I have caught some awesome trades using his tactics.
I don’t know about his SEC / FINRA status but I can attest to the fact that you will learn lots of useful things about trading from him.
OMG. Please. Seriously? The guy is a total douchebag. And did you see the time he posted an ATM receipt of 80 million dollars?
Why not 800 million? Or 80 trillion? Total nonsense.
Just STOP IT!!!
I don’t follow Mr. X’s public twitter. I followed his private twitter when I was a client. I’ve never seen any of these posts you describe nor do I care. I care that I’ve seen and taken the trades which produced realtime results. It appears that you are refuting lots of satisfied Mr X customers who have had positive experiences by posting non-factual information. This reeks of jealousy and possibly a revisit to your dishonest broker / jailbird days.
Emmett Moore -since you are a former scammer and ex-jailbird who thought they could get away with lying and taking people’s money, maybe you need to check your ego at the door and find out for yourself. Since I last checked, blogging is a dying profession. Maybe you need find something to do that will be productive and earn the types of returns Mr. X is producing; Or maybe you should sign up for his service yourself.
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You are correct, “blogging is a dying profession.” Every time I write another one of these depressing reviews, I die a little inside.
However, conversely, when I “do my job” and expose yet another scammer, it redeems my past deeds…just a little bit.
I don’t write for the money. I do it because it heals my heart.
Emmet will you pleaaaaaaaaaaase verify this education provider, he has a Forex Factory thread thats been growing since 2013 and to many considered THE mentor of suppy and demand trading
https://www.set-and-forget.com/