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No longer are stock pickers reserved for the highest profile traders out there. Nowadays anyone can use a picker to take the doubt and risk out of investing by relying on mathematically charged algorithms which take the entire scope of the market into account every time they look for a profitable trading opp. With so many choices on the market it can be difficult to know what the difference is between all of these programs, so I test them firsthand and share my results with anyone interested, so here are the best stock pick reviews.
Right now I'm going to focus on Day Trading Robot as it is the best penny stock dealing picker I've ever used. I mentioned how the full past scope of the market is taken into account every time one of these programs look for a pick. They do this because the market has a habit of progressing in regular patterns which repeat them every few years, so by applying the past to current market data these programs can put together remarkably accurate depictions of where the market will go next in the immediate future. Once Day Trading Robot has made its picks it notifies you so that all that is left to do is trade accordingly.
Amongst all of the stock pick reviews which I've conducted, I'm glad that at least the publishers of Day Trading Robot realized what a perfect combination putting this technology and penny stocks together would be. Penny stocks, given their cheaper prices, are more easily affected by smaller influence in the market. As such, quite commonly you'll see a penny stock go on a huge jump, oftentimes doubling or tripling in value in a short period of time of just a few hours or a day. These are fast moving stocks many times and having an effective picker enables you to differentiate between those which are set to go on a profitable trend and which are static or worse due to drop in value.
For example, my first pick which I received was for a cheap penny stock valued at 15 cents a share. After buying up 1000 shares I began my experiment by checking in on that stock. It quickly rose to 31 cents the next time I logged in. I had to log out and back in to make sure I was reading it correctly. I began checking on it every hour at that point as it kept climbing, finally topping off at 48 cents before dropping again. I sold at around 46 cents, more than tripling my initial investment, and no more work was done on my end than enacting the recommended trade as it came to me.