The Best Penny Stock Software to Turn First Time Traders Into Pros?
If you're interested in day trading penny stocks on any level, consider this review of what I refer to as the best penny stock software after using it for a few months.
Penny Stock Prophet is a stocks analytics program which has the distinction of being one of the only programs which only targets cheap stocks. Because of the greater profit potential associated with being able to differentiate the best keep stocks from the worst of them, this makes Penny Stock Prophet very interesting.
Part of what makes this the best penny stock software is how it works to identify which stocks are going to perform well against which are set to drop in value. It does this by taking the full scope of the market into account which is the common practice amongst high-profile and skilled traders with the major trading houses.
What happens is the stock market travels in cyclical patterns which continue to repeat themselves over every several years, and individual stocks perform the same way. So by looking at the origins of what later proves to be a profitable stock trend from the past, if you can find similarities in real-time stocks which are exhibiting the same behavior, you can put together a precisely accurate idea of how that stock is set to perform.
I mentioned about the penny stock aspect of this program. Because of their lesser values, it is quite common to see a penny stock quickly double or triple in the short term with relatively little outside trading influence on it. You commonly see these stocks go on huge jumps here and there.
Of course they can just as easily go the opposite direction. For this reason, it's a good idea to trust a program like this if you can't do the analytics work yourself.
To give you a better idea of how these stocks can perform and provide further evidence for why this gets my vote as the best penny stock software out there, the first pick which I received from it was valued $.18 at the beginning. I invested accordingly and watched as that stock more than doubled in value $.38 by the end of that first day.
The next morning I began checking on that stock on the hour as it continued decline. It's a great feeling to be invested in the stock and see it climb before your eyes and knowing that you're walking away with that profit. It finally topped off at $.57 a share, more than tripling from its initial value.
That is not to say that every pick has performed as impressively. Some picks took longer to reach their apex is whereas others hit it in hours. The most important reason I hail this as the best penny stock software is the reliability aspect as with this program I've made money on 18/20 picks which it has generated for me since starting with it months ago.
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I heartily suggest that you try and see what makes this the best penny stock software risk free as I have for 60 days to see how invaluable this system can be for you. To get started, click on this link for the best penny stock software link in the above paragraph and begin realizing your financial independence immediately.