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MES Capital / FuturesProfile (the owner lies about his identity)
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MES Capital / FuturesProfile (the owner lies about his identity)

  #71 (permalink)
Elite Member
Boise, ID USA
 
Futures Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: oil
 
Posts: 43 since Nov 2010
Thanks: 43 given, 92 received

Agreed


kevinkdog View Post
I have firsthand knowledge that it does NOT take kickbacks or any other financial arrangement to get a good review on that site.

There are people who will judge people with a criminal past and dismiss them offhand and not lend any credence to them no matter how much those people did or do to earn credibility. That is the same as people will trust someone who has the term "Doctor" from of their name, earns instant respect from MOST. You don't think "Dr" Barry Burns has cashed in MIGHTLY because he uses that term in front of his name???

I have been reading Emmett's site since very early on and have read in great detail about what he did, what he went through after got caught, and the soul searching he has done since, along with the rationale he has for doing what he is doing. I have read comments about what others have to say about him, including websites dedicated to disparaging him, and Emmett does very little to refute any of it.

I have determined he is being extremely transparent, does a really excellent job at reviews, though doing what he is trying to do has to be extremely difficult and therefore far not without issues, and he is very willing to admit when he is wrong. He allows all posts that insult his character, and accuse him of taking bribes and payouts etc, and he doesn't work hard at defending himself. He seems to be letting his work speak for itself and I can only imagine given his exponential growth in popularity, and exposing so many of the scams that have probably saved a lot of people a lot of money, he is doing OK with what he is trying to accomplish and a lot of people appreciate his work, like I do.

It is really easy to judge people on a past and say they are sh-t bag human beings for the rest of their lives. Statistically, that is probably true and therefore that person taking that argument will be mostly right. Good for them.

But, there are those, that have and do change, and you can only look at their body of work and actions to determine if they are worth our time. In fact, criminals can be some of the smartest and most talented amongst us to have been doing what they did. I have always marveled at the determination and creativity of white collar criminals and wondered what they could accomplish if they went legit.

For me, he is passing the test and I believe he is doing the best he can to be as truthful as he can and there exists no evidence of any kind he is taking kickbacks, EXCEPT if he discloses he is, which I have no problem with.

Now, if Big Mike decided to do exactly the same business as Emmett, you better believe I don't need to have Big Mike earn any credibility with me. He has done that in spades with this site and I would think such a business could be spectacular for him as that is what people want. They want a credible person to help them navigate through all of the BS out there as with all the fake posts on all the sites claiming all the successes etc, it is near impossible to tell who is real and who is not, not to mention the fast talkers in their day trading rooms.

Finally, as much as any of us would like to just 'stay away' from it all, and just learn from this site, and that is not bad advice, that isn't going to happen anytime soon. We like to observe other people being successful. We can learn from it, we can get confidence from it, and we may even adopt some of it and make it our own. My 2 pennies on the matter

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  #72 (permalink)
Elite Member
Wiltshire, United Kingdom
 
Futures Experience: Beginner
Platform: NinjaTrader
Broker/Data: Working on a TST combine
Favorite Futures: 6E
 
matthew28's Avatar
 
Posts: 204 since Sep 2013
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emini2000 View Post
You don't even have to pay your own feed or $85 for professional status once funded as far as I know.

I read the updated review over at TradingSchools.org. I am not going to debate whether I think TST or MES are better as I think it is unfair when the MES owner is banned from this site and can't reply to any further comments.
I only highlighted your comment, whether it is correct or mistaken, because my understanding is that The $85 fee per exchange is paid by the trader to the exchange, nothing to do with TST. The CME charge it as a professional fee. One of their descriptions for Professional status is whether as a trader you are trading somebody else's money as opposed to your own account. TST inform you that this fee will be required. If somebody wasn't paying it then that becomes an issue if the exchange finds out you personally are intentionally defrauding them. Not paying it wouldn't be a good thing.

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  #73 (permalink)
Elite Member
Boise, ID USA
 
Futures Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: oil
 
Posts: 43 since Nov 2010
Thanks: 43 given, 92 received

MES vs Topstep


TopStep Trader Update and Survey - Trading Schools.Org



MES Capital *Update* - Trading Schools.Org



Worth a read

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  #74 (permalink)
Elite Member
west palm beach florida usa
 
Futures Experience: Advanced
Platform: ninja trader
Broker/Data: Optimus Futures/ Rithmic
Favorite Futures: Cl, TF
 
Posts: 696 since Oct 2011
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Very interesting.

Failure is not an option
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  #75 (permalink)
Elite Member
Boise, ID USA
 
Futures Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: oil
 
Posts: 43 since Nov 2010
Thanks: 43 given, 92 received

Interesting report on TST

Futures Edge on FIO
Top Step Trader Survey Results Part A - Trading Schools.Org

Doesn't sound pretty

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  #76 (permalink)
Market Wizard
Medellin, Colombia
 
Futures Experience: Advanced
Platform: TPV/ Custom / R
Favorite Futures: Futurama, Buck Rogers, Minis
 
Rory's Avatar
 
Posts: 2,095 since May 2014
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I have no connection to TST but TradingSchools is run by a convicted criminal fraudster so anything written may be a mix of truth and lie to suit his own agenda.

quoted from the review:
"As a conspiracy theory consider that they don’t actually fund traders for the first 10 days and have you on a demo account (appearing to be a live account). If you are successful then they have to pay you out your profits (no problem to then as they were going to give you $1500 risk capital anyway)."

Now TradingSchools know perfectly well all anyone has to do is look at the book, place a trade at a quiet/empty level and the order should appear. Repeat a few times for certainty. I'd have to ask why Emmett Moore let this 'Conspiracy Theory' part be printed and not have someone check something so damning (and that nobody seems to have noticed already)?

TST is a business and futures are bad news for the untalented. All successful traders can complain about is TST are diverting beginner money straight into their own account without giving traders a crack at it. I guess I have just assumed that following their initial dream likely cost new traders less via combines than on the open market?


Last edited by Rory; June 17th, 2016 at 03:30 AM.
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  #77 (permalink)
Trading for Fun
Hyderabad,India
 
Futures Experience: Advanced
Platform: ATAS
Favorite Futures: Futures
 
Posts: 61 since Oct 2013
Thanks: 32 given, 8 received

Taking the Test!

Agree with you Rory!! Perform or Perish!

It is better to dive into this individually and find it out for themselves as far as MES is concerned...

Atleast they're (MES) not asking for any initial fee... Not bad at all IMHO..

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  #78 (permalink)
Elite Member
salt lake utah
 
Futures Experience: Beginner
Platform: No clue
Favorite Futures: ES, ZB
 
Posts: 141 since Jun 2016
Thanks: 62 given, 83 received

I was looking at MES and found out that they don't do treasuries...considering to contact them to double check about this.

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  #79 (permalink)
Elite Member
Cleveland, OH
 
Futures Experience: Intermediate
Platform: NinjaTrader/Jigsaw
Favorite Futures: ZB
 
Posts: 29 since Jun 2015
Thanks: 35 given, 14 received

I am currently in the MES trial and am trading only the ZB. So they do allow trading of treasuries.

So far so good...will give an update when I'm done with the trial.

Ned

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  #80 (permalink)
Elite Member
salt lake utah
 
Futures Experience: Beginner
Platform: No clue
Favorite Futures: ES, ZB
 
Posts: 141 since Jun 2016
Thanks: 62 given, 83 received


@Nedster Good luck! I flunk it but i believe i have found something while doing it, hopefully will stick with me while doing another tst.

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