FOREX SYSTEMS/SIGNALS
COLLECTIVE2
Over 8000 different TRADIING STRATEGIES covering stocks, forex, futures and options. Subscribe to as many as you want and receive signals instantly, or trade them automatically. Free trial available for many systems.
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Collection2 Review
Collective2 is a web site that collects and monitors the real-world performance of more than 8000 trading systems covering stocks, forex, futures and options in the world. It allows user to research a trading system or trading advisor. And you can sign up to make use of the information in this site for free.
In Collective2 you are able to scan and filter the extensive list of systems to find one that fits your trading style. You are able to filter the list according to the age of a system, number of trades, average trade length, profit factor, Sharpe ratio, overall returns for the last 30/60/90 days, annual return, maximum drawdown and overall popularity among other users.
Once you find that a system that you like, you can then subscribe to the system and receive every single signal instantly via email, mobile or instant messenger. Alternatively you can set it up to trade the signals automatically in your trading account.
In Collective2 collection there are systems that offer different kind of services – some may require you to pay a small monthly membership subscription fee and some may offer if for free. But generally the highly profitable signal providers do require subscription.
There are also different kinds of subscription method. Some will offer a free trial period where you will receive signals completely free of charge to see how they perform before committing yourself; there are those that charge a fee only if the signals for the latest month has been profitable.
Nevertheless, my personal take is that as long as the system is able to give me profit then the subscription is worth it.
Because of the sizable collection of trading systems in Collection2, it is therefore better to go through the tutorials first and learning how to navigate your way around the site. This way will you will able to harness the full advantage of this site and find the system(s) that is(are) suitable for you.
If you would like to find out more about Collective2 and check out some of the systems that are featured on their site, you can do so by clicking here.
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