Basics to Avoid Disaster

If you want to avoid losing your money in a crash like the one Ark 1 experienced in the image below you should consider the following steps.

1. Check for Real Trades

Some strategies on collective2 are built purely on hypothetical data. Others are built on actual trade data compiled from the trade leader’s account and/or subscribers. It may seem like simulated data is enough. In some cases it is. However, there are some significant difference. If you don’t know how to tell if simulated data is reliable, then I would disregard all trades that don’t have AutoTrade history as demonstrated in the images below.

2. Check For Too Much Leverage

It has become very easy to check for leverage use on collective2. I am very happy about that. Per the screenshot below you want to be checking that there are not massive spikes in leverage use and that the overall leverage use isn’t excessive.

See my Brokerage Accounts

In addition to this blog you can follow my live brokerage accounts anytime. The three links below will take you to a third-party website called collective2 where I record and publish my personal trading decisions. If you have questions let me know!

Retirement Account #1:Patience is a Virtue

Retirement Account #2: My Roth IRA

Paper Trading Account #3: Leverage and Patience

Disclaimer

This is not investment advice. This website is designed to talk about investments but it is not designed to give you personalized investment advice. This site is generic and should not be used as the basis for any investment decisions. This is for entertainment and educational purposes only.

The owner of PatienceToInvest.com is also a trade leader on Collective2.com. We may receive compensation by promoting some collective2 strategies over others.

Investing is risky and can result in the loss of all your capital and even more than your original capital in some cases.

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