How to Triple Your Investments With an Online Stock Picker
Many more traders are turning to using an online stock picker these days to point them in the right direction when investing in the market.
If you are new to the stock market or have been at it for awhile now and haven't been making the kind of money that you should be making, here is what you need to know about using an online stock picker.
First, let me explain how an online stock picker works to find and generate winning stock picks.
The market moves in patterns and repeats itself on an average of every seven years.
The stock program keeps this in mind and makes use of mathematical algorithms which construct large working databases made up of past trend data which they constantly update and append so they are constantly getting more effective and sophisticated with time.
It applies past market activity and trends and specifically the factors which led to those trends to current real time market data to identify similarities to further investigate.
Eventually the program finds what it deems as being a profitable trade and notifies you.
Because all of the work is done for you, no outside factors pollute your trades so you get nothing but entirely algorithmically crunched picks with an online stock picker, a point which critics and experts laud in particular.
This also of course means that you don't have to spend time analyzing market data yourself, nor even have to know how to anticipate trends yourself to trade effectively and make money in the market.
Some pickers specifically target penny stocks and these are the programs to go after if you really want to be impressed and see a major profit from your investments.
This is because penny stocks are commonly known to fluctuate wildly, meaning that over a relatively short period of time they'll burst up or down in value.
The trick is finding the ones which will increase in value so you can get in and out in the period of a day or a few to make a quick but substantial profit.
For example, the very first stock pick which I received from the online stock picker Day Trading Robot was valued at 15 cents when I received the pick.
This was on a Sunday, and I bought up 1000 shares or so for around $150.
I logged out of my trading account, then checked back the next day to have my jaw drop on the floor while seeing that that stock had jumped to 31 cents per share over the course of a day.
I continued a much closer watch over that stock from there on out as it continued to climb, finally momentarily topping off at 48 cents a share before tumbling again.
When all was said and done I had exited with about $450, just about tripling my initial investment.
Hopefully you're starting to realize how powerful and profitable a (good) online stock picker can be for you.
If you are new to the stock market or have been at it for awhile now and haven't been making the kind of money that you should be making, here is what you need to know about using an online stock picker.
First, let me explain how an online stock picker works to find and generate winning stock picks.
The market moves in patterns and repeats itself on an average of every seven years.
The stock program keeps this in mind and makes use of mathematical algorithms which construct large working databases made up of past trend data which they constantly update and append so they are constantly getting more effective and sophisticated with time.
It applies past market activity and trends and specifically the factors which led to those trends to current real time market data to identify similarities to further investigate.
Eventually the program finds what it deems as being a profitable trade and notifies you.
Because all of the work is done for you, no outside factors pollute your trades so you get nothing but entirely algorithmically crunched picks with an online stock picker, a point which critics and experts laud in particular.
This also of course means that you don't have to spend time analyzing market data yourself, nor even have to know how to anticipate trends yourself to trade effectively and make money in the market.
Some pickers specifically target penny stocks and these are the programs to go after if you really want to be impressed and see a major profit from your investments.
This is because penny stocks are commonly known to fluctuate wildly, meaning that over a relatively short period of time they'll burst up or down in value.
The trick is finding the ones which will increase in value so you can get in and out in the period of a day or a few to make a quick but substantial profit.
For example, the very first stock pick which I received from the online stock picker Day Trading Robot was valued at 15 cents when I received the pick.
This was on a Sunday, and I bought up 1000 shares or so for around $150.
I logged out of my trading account, then checked back the next day to have my jaw drop on the floor while seeing that that stock had jumped to 31 cents per share over the course of a day.
I continued a much closer watch over that stock from there on out as it continued to climb, finally momentarily topping off at 48 cents a share before tumbling again.
When all was said and done I had exited with about $450, just about tripling my initial investment.
Hopefully you're starting to realize how powerful and profitable a (good) online stock picker can be for you.