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OneUp Trader / MES Capital / FuturesProfile (the owner lies about his identity)
I spent a couple hours talking to the owner of MES, he is a decent guy, I think the thread title is doing him a great disservice as he doesnt BS when you talk with him.
There is no fees othen then what youd expect for a basic trader, buy your computer, open an account and trade, he pays all fees. And there is no "test" fees like you get wth other capital trade funders, this is a good deal for traders who dont quaiify or cant fund their own account. 50% is better then nothing, and no gimick "combind" fees: you either get funded or you dont, there is no paying to find out.
Now that I have talked with him, I understand why the rules of the forum were broken, I think Mike should call him and get the situation between them resolved.
He is a good guy, sure he made a mistake here, but does he really need to be crucified for it? I guess Im coming at this from a different world, in mine when someone screws up, even on purpose, I forgive them and move on.
This is a guy whos basically giving away money to potential traders, Im not going to defend him any more, but does he really need to have to wear the scarlet letter forever?
And yes, I lie too, every time my wife asks me if her ass is too big, I paint a big smile on my face and say "No sweetheart", everyone lies.
Well i managed to achieve the goal, according to my (Ninja) records. However, for some reason they have not counted the trades on last Friday that were closed out Saturday AM, on my account...
Monday was quite frustrating, got caught in some chop and then lost my connection as a loser swung too far into the red for my liking while i was occupied....
Yesterday however i was short the Yen going before Europe opened, thinking the short covering would put some pressure on the 6J. I held it over night, exited for a nice win on 2 contracts and was short again this morning on a tight stop, which was taken out for a small loss.
I did much better when i was able to focus on this instead of trading the Dax as well...shame its a demo.
I think my understanding of context has helped allot in trading currency, especially the 6J. That and the 6E are very associated with risk on / off with the Euro the new carry trade poster child. I had more success with the 6A, as it contributed the bulk of profits on the demo try out. Most of these trades were ideas associated with context and then trades executed at levels that i determined from a long term composite volume profile.
Certainly not a very large sample of trades though, personally i think a try out like this should last longer to see how one goes over a longer period.
Time will tell if they pass me onto the next phase or not.
MES may (or may not) be legit. However the way it went about to advertise itself is definitely. .."cheap". The other day it went to TST squawk radio and advertise itself in the chatroom. Definately no class.
That's funny. I bet he got short shrift from John and Eddie.
I was walking past my gym the other day and saw a big guy outside handing out fliers as I approached. Thought he must be a new personal trainer as I didn't recognise him. Then I saw the gym manager run out the front door with a bucket and tip water all over his head. Turns out he was a rival gym owner trying to poach customers. I know it's business but really, some people have got no shame.
MES is not a business because they do not take money. I don't think they care about reviews! LOL. When someone is a business they care about reviews. MES from my experience is a free platform for us to trade and earn a living for free. Therefore, do you guys actually think management at MES cares about forums and reviews?! What a joke! I tried them out and I love em! They do not even spam you! they do not market anything. LOVE MES!
That's almost comical, and highly ironic, when you look at how much more demanding and difficult their terms are than TST's, and at how poor their profit-share is, compared with TST's.
I guess I'm old school and believe that dishonest people shouldn't be trusted. He clearly had no problem lying about this, you really think this was the exception and that he doesn't lie about other things in his business?
You told me he had good reason to break the rules so he could promote his business aka good reason to lie about his identity. I'm waiting to hear it...
Over the 6+ years this forum has existed, countless (hundreds) of vendors have come here solely to promote their business. In the process, their tactics include:
- lying about their identity,
- creating multiple accounts,
- pretending to be end users and talking about how fantastic the company is,
And much more.
So obviously it raises eyebrows for me when a company that is so blatantly dishonest receives glowing reviews from people, because my experience shows that it is not outside the norm for vendors to create multiple accounts and pretend to be "normal people" and give themselves glowing reviews.
I also find it fascinating that even in the face of bad information about a company, many people (real people) still throw that out the window and want to try the product anyway. This holds true for all vendors, even ones selling $5000 "mentorship" programs.
I see countless examples on the forum where a thread is loaded with negative experiences from genuine users, and yet new people still constantly want to pursue their product/service.
What does this tell me?
That the trading vendor business is booming, because people are desperate for quick fix solutions to make them money. You can call it gullible, stupidity, ignorance, etc, but fact remains that these vendors make tens of millions of dollars in this industry on the backs of people that lack the experience to recognize their ridiculous business model.
It's a real shame the CFTC doesn't step in and take some action. Of course, it has in many cases, but certainly not in the majority of scams that a lot of vendors are running.
Let me also add that after I catch these scum red handed and ban them, they immediately run to other sites and post defamatory statements that say how fantastic they are and how terrible I am.
So I guess in the end, you have to make a decision as to who you think is more honorable and truthful. Me, this site, or someone wanting to sell you something. Personally, I've posted six months of trading statements, real-time calls, etc etc etc that showed me as a very profitable trader, probably in the top 0.1% on the site. I did this to show it can be done, not to sell anything. I did this to try and help people, to get them to stop making all the mistakes that I see most rookies make (ie: scalping).
All the info you need is right here in the community from good people spending their days here sharing openly.
Stop chasing vendors for a quick fix. The only way to be a good trader is to do the work yourself.
everyone lies.
