Toby Litrell

Day Trading Robot Scheme? What's the Truth About This Controversial Program

This is my review of and findings with the stocks picker, Day Trading Robot.

Stocks pickers are programs which generate stock picks based on any number of analytical factors. Using a good picker, you can invest in the stock market without having a great deal of experience to put towards it because all of the hard work is done on your behalf short of actually investing.

One program in particular has been quickly making a name for itself amongst traders of all different experience levels.

I briefly touched on this in opening, but how Day Trading Robot works exactly is that it was designed first with a database of past trend data which it constantly updates and adds to as the market progresses further into the future, then it applies this information to current, real time market conditions to find similarities between the two to further investigate. Eventually, once the stocks picker has more than enough to go on to deem it a profitable pick, it notifies you so that all you've got to do is trade accordingly.

The major difference between this stocks picker and most others is that Day Trading Robot predominantly targets penny stocks. This is a good thing because penny stocks are known to be prone to violent and wild fluctuations because of their lower prices and are therefore more susceptible to influence on them. This means that penny stocks offer some of the most profit potential in the market, assuming you can separate the good stocks from the poor performing ones, and this is exactly what Day Trading Robot was designed to do. In many ways penny stocks and this stocks picker are a perfect match.

For example, the very first pick which I ever received from this program was for a stock valued at 15 cents a share. As it was my first pick I didn't try anything to crazy and scooped up just about 1000 shares, or about $150 via my online trade account. I logged out, then checked back in the next day and sure enough (but to my limitless surprise) that stock had skyrocketed to 31 cents over the course of a day. At this point I began compulsively checking in on that stock like a mad man on and off practically on the hour and watched as it continued to climb. Honestly there is no better feeling than watching one of your investments jump like that. Finally, it topped off at 48 cents a share before starting to dip again. I was convinced, I got out and had more than tripled my initial investment at roughly $460 a share.

Source: Free Articles from ArticlesFactory.com

ABOUT THE AUTHOR