A Review Of The Best Day Trade Software


by Jonathon Langley - Date: 2010-03-09 - Word Count: 400 Share This!

Day trade software is a good tool to have at your disposal if you're new to investing or simply don't have the time to devote towards analytics. If you're unfamiliar with this technology, these are programs which analyze stock behavior to find overlaps and sniff out upswings in current stocks. There are a number of different programs on the market today, this is a review of what is likely the best day trade software out there right now.

Day Trading Robot is currently the best day trade software available for a number of reasons. Most of this is in the way that it forms its picks. This system primarily sticks to penny stock picks, meaning that most all of the picks which it generates are penny stocks. Penny stocks are generally safer, lower risk investments as a whole. This is because they are typically very cheap, enabling you to scoop up hundreds of thousands of shares for next to nothing. And it's quite common for these stocks to double or triple in value easily over a short period of time, enabling you to make a lot of money in short bursts before getting out.

For example, in my first week with the system, the first pick which Day Trading Robot generated for me was a stock which was valued at 15 cents a share. I bought a thousand shares or so, so I only ended up spending about $150. At logging into my online trade account 2 days later, I found that that stock had shot up to 31 cents. It continued to climb and by the end of the 4th day it topped off at 48 cents a share. I more than tripled my initial investment, ending with near $500. This is a slightly above average example of the experiences which I've continued to have with Day Trading Robot since purchasing it on a whim some 4 or 5 months ago.

This is the best day trade software for anyone who is either new or struggling to make some real money in the stock market. All of the hard work is done for you, so all you've got to do is enact the recommended picks using an online trade account, and that's it. No emotions or guesswork plays into your trades, and you don't have to sacrifice the anxiety or time of your life analyzing hours upon hours of market data yourself.

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