I was also subscribed to VIX Day Trader. I think one of the problems is that he trades almost everyday. It would be better to just trade on the days where the direction is more certain. Also his system is not 100% algorithmic. Usually the algorithmic systems seem to do better in XIV / VXX trading. The ironic thing is, this is the developer who pushed for autotrade scaling limits as he had too many big subscribers and he was continually increasing his subscription prices from around $65 to the present $189. And now many of the subscribers have left.