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The man lost because he had to. The signal service has created hothouse conditions for conservative average traders who inevitably lose, it is just that some providers are lucky (not without special manipulation) to gather a crowd of hamsters beforehand.
The trading of most signal tops is not aimed at making a profit from the trade itself, but at gathering a crowd.
With their high-level filters, they sift out the two most promising groups of traders
-Scalpers (frequency, gain and percentage skew filters)
-Agile traders who try to follow the market (change trading style, gain, percentage skewness).
leaving a bunch of averaging devices among which it is almost impossible to detect a really good signal.
What do you mean you should have? No one wants to drain signals, and with so many subscribers, it just doesn't make sense. I was not able to keep control, there was no thought-out mechanism of blocking trading when a certain percentage of drawdown is reached.
You have to realise that 5 mio is good liquidity in any market at a moment's notice.
No one can ever get a million subscribers.
This is coming from me who understands the subject.))