How to Triple Your Investments Using Today's Top Penny Stock Screener

Jul 5
07:51

2010

Toby Litrell

Toby Litrell

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Many traders have been turning to penny stock screener programs as of late to do just that and guide their trading without having a broker doing it for them.

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Penny stocks are more volatile than most investments which you'll find because it takes far less outside trading influence to directly affect their prices. This explains why it's commonplace to see a cheap stock quickly appreciate in value in the short term. Obviously the key is differentiating between the good picks and the bad.


A penny stock screener is a piece of technology which uses the full spectrum of the market to find overlaps and behavior from the past to the present to determine exactly how current stocks are set to perform in the short-term. It's both reliable and a major timesaver in the sense that you don't have to perform any analytics by using a penny stock screener and instead you can simply invest based on the picks which the program generates for you.


The most important thing to understand about a penny stock screener is how it actually works to determine which cheap stocks are going to perform well. Stock behavior is cyclical and repeats itself just like the greater market itself. Say, for example,How to Triple Your Investments Using Today's Top Penny Stock Screener Articles you have a well performing stock of the past and current stock exhibiting similar behaviors.


Just by looking at that stock of the past, you have and can put together a very precise depiction of what to expect from that current stock. Professional stock traders have been using this technology for several years now to aid them in their market analysis because while this is the most effective way to anticipate market behavior, at the same time it's difficult to take the full range of the market into account without the use of this technology.