The reason I’ve put together this stock picker review is because there are so many options on the market today and I’ve had a number of friends ask my opinion on this technology and whether or not it works and who it works for, so I decided to put together this stock picker review based on my current favorite system. If you’re new to the stock market, have been day trading for some time but aren’t seeing the profits you’d like, or simply don’t have the time to devote to day trading, you’ll likely gain something very important in this stock picker review.
Day Trading Robot is a picker which analyzes market data and puts together a remarkably precise depiction of where the market will go next. It does this by exploiting the market’s habit of evolving in patterns which repeat themselves every several years. It keeps massive past trend databases which it constantly appends and references to look for overlaps in contemporary market graphs.
By taking the past scope of the market into account every time it analyzes real time market data it can accurately predict how the market will behave as well as certain stocks in the immediate future. Once Day Trading Robot has made it’s picks it notifies you so that you can trade accordingly with all that is left to do being enacting the trades.
Something I’d like to point out in this stock picker review of Day Trading Robot is particularly what separates it from the rest and makes it the best as far as my money goes. This picker focuses on penny stocks when generating picks, penny stocks which have a penchant of going on profitable jumps. Penny stocks are ideal stocks to target with a picker because of the simple fact that they are cheaper, more potentially influenced trades to make.
Because of their cheaper prices, it takes a great deal of less market activity to affect one of these stocks, making it possible for these profitable massive fluctuations. This is why you’ll commonly see these cheaper stocks double or triple sometimes over the course of a few hours or a day. The trick is identifying those which are due to perform well and those which will remain static or devalue, hence using a capable stock picker like Day Trading Robot which is solely designed to target penny stocks.
For example, the first pick which I received from Day Trading Robot months ago was for a penny stock valued at 15 cents. I invested in that stock, not much, maybe around 1000 shares, and logged out of my account. I checked back in on it at the end of the day to find that that stock had jumped to 31 cents a share. I had just doubled my investment over the course of a day.
I wasn’t used to this kind of activity, so I had to log out and back in to be sure I was reading it correctly. At this point I began checking in and out on that stock compulsively on the hour and watched as it continued to climb – there is no better feeling than that. Eventually it settled at 48 cents a share, hovered for a bit, then began to come back down. By the time I got out I had tripled my investment in a day and a half.
By: Jonathan Langley
Posts Tagged ‘Stock Trading’
The Best Stock Picker Review For Day Trading
March 20th, 2010Stock Brokers – What is the Best One?
March 17th, 2010
Do you know what are the main factors to consider when you have to choose a stockbroker? if you are an experienced stock investor you should know it, but how about beginners that do not know about the basic of stock market investing? we are assuming here that they are going for an online stockbroker and hopefully the points listed below will help you making this important decision.
By researching online you will find several stockbrokers that offer you many and different features;
- Cheaper Stock Trading Commission
- Faster Trade Execution
- Highest Personal And Financial Information Security
- Stock Investing Trading Education
- Advanced Stock Trading Research Tools
While all the items listed are very important and undoubtedly will help you in one or another way, at the end of the day the most important will be the trading commission that stockbroker companies will apply. This is all about lower brokerage or commissions, because this affects directly your net profit.
Once you become a regular trader just a small difference in commissions could results in a significant increase in your income. Meaning that precisely because of this reason, you can be on one side or the another, the profitable one or the looser. We could be talking about thousand of dollars, that is the importance on choosing the right stock brokers.
Nonetheless, the phrase “you get what you paid for” does not apply in this situation, while some companies could have a lot of features, the cheaper one could be just saving you money, offering what you really need and not the needless ones.
To sum up, choosing the right stockbroker is a must, just be sure that you get all the features that make you feel comfortable enough, but with the lower commission possible.
By: Hector Milla
Trading Stocks – The Latest Bold Stock Trading Scam
March 14th, 2010
It has recently been revealed that a few so-called clever individuals scammed quite a few other individuals in a stock scam operation. It was a high tech operation involving hackers and the people affected by it had apparently no clue of what was going on for quite a while. At least 60 people, probably more, were victimized, their brokerage accounts having been broken into and their funds having been used for trading by the perpetrators.
The leader of the group of hackers, a 35 year old man, is from India. He was sentenced to two years in prison by a U.S. judge for starting the whole scheme. He pleaded guilty and agreed to pay a restitution and to cooperate. He worked with two other perpetrators who have also been indicted in the overseas conspiracy to defraud U.S. investors.
It is not known how exactly this scam was conducted, but here is one plausible scenario.
1. Suppose that Joe Doe owns an account at Ameritrade or at some other online broker.
2. Suppose that the hackers get Joe Doe’s account information along with the same information of 59 other people just like him.
3. Suppose that the hackers purchase 100,000 shares of company ABC at 2 cents a share using their own funds, which would cost them only $2000 plus commission and could likely push the price of the stock to 4 cents a share and alert many penny stock fortune seekers that there is action in the stock. They might now join the perpetrators and unwittingly inflate the price of the stock even more, to, say, 5 cents a share.
4. Suppose that the hackers use their 60 infiltrated accounts to purchase 5000 shares in each of them, now at 5 cents a share. The owners of hacked accounts are not likely to notice this quickly as it’s only a $250 transaction and it’s unlikely to be flagged as unusual.
5. Suppose that this sudden coordinated purchase of 300,000 shares at 5 cents a share pushes their price to 10 cents a share, which is quite likely considering others pumping this stock at this point as well.
6. Suppose that the hackers sell their original 100,000 shares, purchased at 2 cents each, for 10 cents each. Notice that as a result of this operation, they would have gotten $10,000 on the initial investment of $2000 minus commissions that are not particularly significant, being probably only a few hundred dollars that would mostly come from the compromised accounts, anyway.
7. Now, since a lot of shares would have been sold, and there was really no fundamental reason for this hypothetical penny stock to rise, its price is likely to drop back to 2-3 cents a share.
8. The whole operation can be repeated again until the owners of the hacked accounts eventually figure out that something wrong is going on here.
But by then they might have lost a grand or two. Eventually though, hackers usually get caught for sooner or later, greed leads to the downfall of such operations. Had those hackers stopped after one or two pump and dump schemes like that, they might have escaped the long arm of justice. Perhaps… Fortunately, this was not the case.
By: Waldemar Puszkarz
