Found out that the ledge guarding strat EmuKiller used to do doesn't work anymore. The good news is at least I wasn't doing anything wrong.
Also, I'm pretty new to this game compared to many of you so if you have any tips for playing Mewtwo well in Project M feel free to let me know!
Brawl
Melee
Project+
RPS
Sm4sh 3DS
Sm4sh Wii U
Smash 64
SSF2
Ultimate