How You Can Double Your Money in a Handful of Hours on Hot Penny Stock Picks

Penny Stock Prophet is one of the only stock pickers on the market today which exclusively targets cheap stocks with the intention of finding hot penny stock picks. If you want to make a huge killing in the market without the experience or time to devote towards, here is what to know about this technology and hot penny stock picks.

First, what I will mention is how this technology even works to decide what makes a profitable stock pick. Much like the major trading houses do, Penny Stock Prophet looks at the origins of trends from past market data and compare it to current contemporary data to find similarities and overlaps.

This is effective because the stock market travels in patterns which go on to repeat over and over again which is seen in the fact that we've gone in and out of recessions and recoveries like clockwork throughout our economic history.

By looking at the origins of a successful trend of the past, if you can find similarities in real time market data, you can put together a very precise idea of exactly how that stock will act in the immediate future. From there all you've got to do is trade. accordingly after the program generates a pick for you.

As I mentioned, Penny Stock Prophet only targets penny stocks to deliver hot penny stock picks which I believe is a decisive advantage over other stock programs which target greater valued, more traditional stocks.

The reasoning for this is because penny stocks act much more sporadically in the market and take less market influence to send them skyrocketing in price. It's very common to see hot penny stock picks double in value over the course of anywhere from minutes to hours to days. Of course they can just as easily go in the other direction, so it's good to have an analytical program working on your side to decipher between the two and deliver only hot penny stock picks.

To give you a better example of how this program works, the very first pick which I received was valued at $.18 a share initially. I scooped up around 1000 shares for about $180 with my online trading account, and logged out. I check back in on that pick just a handful of hours later to find that it had already jumped up to $.37 a share, just more than doubling in value over the course of a few hours.

I don't think there are too many better feelings than watching a stock which you are invested in quickly rise in value before your eyes. I continued to check up on that stock regularly on the hour as it finally topped off the next morning at around $.57 a share. When all was said and done, the pick more than tripled in value by the time I got out.

That's not to say that every pick has behaved quite so profitably, but I have made money on 18 of 20 trades with some performing better, some performing worse, and many performing very similarly. One of the great things to take away is that you don't need to have a great deal of experience in the stock market to use one of these programs and make some money from the stock market.