This all is ripoff more or less ... DEAL WITH IT . Even if 50% of them are profiiting it does not mean it is not ripoff. Pure gambling ... where house (them) always wins, so prepare to be ripped off.
Like someone said before .. by sharing their "knowledge" and growing subscription base .. they are basically betting against themselfs ..(if it worked in the firsplace) .. long run ...
It could have sense ... if they were not greedy ... For example ... They were on something but it takes a lot of capital to profit big time .. so lets make subscription user base .. And it might work as long as their sub. "pool" do not become whale to big for market trends to ignore ... That could have sense ...
But that bring us to another question .. if your bilance after a year ..two ..three .. five whatever will be FOR SURE 200% 500% or whatever of inntial input.. Why big boys with the money do not want to invest in you in the firsplace !?
The answer .. coz it aint work that way ...
It is basically an scam wraped up in modern times ...
If you learn something in the process (stock alchemist wannabe videos ) ..well good for you

And please with that "eliot" waves theory ...
"There is a standard joke shared by technical analysts that if you were to put twelve Elliott Wave practitioners in a room, they would fail to reach an agreement on wave count and the direction in which a stock is headed."