How to Find and Triple Your Investments on Promising Penny Stocks

This is a great time to start investing in the stock market with many stocks at bottomed out all time low prices. Many traders have taken to using stock picking technology to do their analytical work in the market for them so that they need neither the time or experience to devote to the time consuming aspect of analytics.

Stock programs have been around for some time now and only recently did they become available to every day traders. These are programs which perform analytical work similar to that of the major trading houses or that they compare trends of the past to current real time market data. The market regresses in patterns in shifts which repeat themselves over and over again is why we see our market go from bull to bear and back to bull.

Individual stocks perform much in the same way. By looking at the origins of profitable stock picks of the past, if you can find similarities and tendencies in current real-time stocks, you can have a very accurate idea of how that stock will behave in the immediate future which is exactly what these stock programs aim to do.

Some of the most powerful stock programs only target and look for promising penny stocks. I say powerful because penny stocks offer the biggest leaps or drops to be found in the market because their cheaper prices leave them open to greater trading influence.

Because of this, it's common to see a penny stock triple in value in a very short period with little trading influence, so if you can differentiate from which stocks are set to go on these jumps from the unprofitable ones, you can make a great deal of money in the short-term.

For example the very first pick which I received from the first specific promising penny stocks program which I used was valued at $.18 at the time of the pick. It grew to $.37 a share over the course of that day I found as I checked in at the end of the day on its performance. I'd initially invested $180, or 1000 shares at a time of the initial pick and by now I had doubled up and then some.

The next day I of course began compulsively checking on that stock on the hour. It continued to climb all throughout the day, finally momentarily halting at $.57 a share. Shortly thereafter it began to dip in value. By the time I got out, however, I had more than tripled my initial investment on this first of many promising penny stocks picks.

Because all the analytical work is done for you, you don't need to have a great deal of experience in the market to see some reliable gains come out of it. This is exactly what these programs are for, or primarily being for less experienced and busier traders without the time to devote to analytics themselves.