Yesterday, a friend who used to farm Alpha with me came over for tea and said he recently lost a lot of money trading futures contracts.

I asked him why he got into trading contracts, and he said he saw a signal provider posting profit screenshots every day, talking about all kinds of terminology, so he thought he'd make some quick money too.

I got really curious—why would anyone believe in trading signal services?

Can you give me half of your assets?
Yeah, we're strangers, could you do that?
Your answer is definitely No, right?
So why do you think someone else would make money for you out of nowhere, and even be willing to share their money-making opportunities with you?

Now think about it from the other side—why would a signal provider offer signals?
Generally, it comes down to a few scenarios:

First: They let you win a few trades to build trust, then they close the net.
For example, they trick you into buying a Pixiu scam coin or some token, let you taste some profits upfront, and once you're completely convinced, your next big trade probably won't be profitable.

Second: They direct you to a sketchy exchange to do high-leverage trading.
On one hand, they get you hooked on high leverage, and on the other hand, sketchy exchanges can always do fake wicks—losing money is just a matter of time. Even if you make money, you probably can't withdraw it.

Third: They charge a fee upfront, requiring you to pay to join their group, then they "signal" for you.

Fourth: They make money selling courses.

Fifth: They collect signal fees from you or earn referral commissions on trading fees.

Simply put, it boils down to these scenarios—not hard to understand.
If someone says they'll help you make money, generally they're not after making you rich—they're after your money.
Think even deeper:
If I really had a foolproof money-making formula, why would I sell it?