How to Safely Double Your Investments in Hours Using Day Trading Stock Picks

Apr 21
07:48

2010

Toby Litrell

Toby Litrell

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If you don't have the time or experience to devote towards analytics, you might consider using this software to tell you exactly where to invest. Here is how day trading stock picks work to double your investments in the very short term.

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Originally,How to Safely Double Your Investments in Hours Using Day Trading Stock Picks Articles day trading stock picks software was only available to a high profile, full time traders. This technology has since become available on a consumer-based level to all traders.


The market progresses in patterns which repeat themselves on average once every 7 years. This can be used to your advantage when trading if you can take this into account when analyzing contemporary market data. The problem is this is difficult to do manually which is why computerized day trading stock picks programs were originally developed to begin with.


These programs take the entire scope of the past market into account in the form of keeping trend databases which they apply to current real time market data to identify similarities to further investigate. Eventually the program identifies what it deems as being a profitable pick and notifies you so that you can trade accordingly.


The day trading stock picks programs which deal primarily in penny stocks are especially ideal because penny stocks prove to be some of the most random, strongest fluctuating, but potentially most profitable investments in the market. Because these stocks are valued a great deal less than more expensive stocks, typically for just pennies (hence the name), they are much more easily influenced and affected, so it's not uncommon to see a penny stock quickly double or triple in value over the period of a few hours or a day. The hurdle of course is identifying these stocks which is why many day trading stock picks programs specifically are designed to target and find this stocks which are set to go on profitable jumps and trends.