If You're Looking to Triple Your Investments Here is Why You Should Try Penny Stocks

With our recession finally having entered the recovery phase, now is easily one of the best times to begin investing in our economy's history. Many stocks are at all time dropped out prices, so there are a number of smart investments to be made. If you want to make a huge profit in the short term, you should try penny stocks because of the volatility.

I briefly mentioned using an analytical stock program to help you invest. This is a program which does all of the analysis work on your behalf so that all you've got to do is put your money in the stocks which it finds to be potentially profitable.

These programs are adept at and able to find the stocks which are set to go on profitable jumps by simply taking the full scope of the market into account. The stock market progresses in shifts which repeat themselves, almost like clockwork. Stocks behave similarly, so these programs look at the origins of subsequently well performing stocks and look for those similarities in real time market data to find overlaps which later prove to be the basis for its picks.

I mentioned that you should try penny stocks because of the great profit potential and volatility of these stocks. The very first pick which I received from the penny stock focused analytics program I have been using for several months now was valued at 18 cents when I received the signal.

I bought roughly 1000 shares of that stock at the start of that morning and waited until the end of the day to check its progress. It had already jumped to 38 cents within literally hours to give you an idea of how volatile these stocks are. The next trading day it continued to climb but stalled at 57 cents at which point I sold off all of my shares for a more than triple profit.