Many traders are starting to embrace and regularly rely on this technology to make the kind of money that they want from this market, so here is more on how automated stock trading programs work and how you can use them to make the kind of money that you want in this market.
With us roughly at the recovery portion of this recession, there are a number of great stocks to scoop up at rock bottomed out prices. Without a great deal of experience, you should think about using automated stock trading programs to do all of the analytical work on your behalf.
Automated stock trading programs work by taking the full scope of the market into account. This is essential for putting together precise stock picks and anticipating market behavior because the stock market travels in patterns which always repeat themselves. These programs look at the origins of past successful trends and compare that to current real time market data to find overlaps to further investigate.
This forms the foundation of the stock picks which it makes and is the same system used by the major trading houses to anticipate market behavior, as well.
Some automated stock trading programs only target penny stocks. They do this because penny stocks will fluctuate wildly in the market and accordingly go on a huge profitable leaps. Of course they can just as easily drop in value in that time, so using automated stock trading programs you can differentiate between the two and make a huge profit in a short term.
For example, the first pick which I received from one stock program in particular which only target penny stocks was initially valued at $.18 when I received it. I went to my online trading account and bought up 1000 shares for $180. I logged out of my trading account and checked back in on that stock at the end of the day to find sure enough it had already jumped in that time, doubling in value $.37 a share.
It's a great feeling being invested in a penny stock pick which is rising in front of your eyes. After checking in on that stock on and off on the hour the next day, it finally topped off at $.57 a share. Ultimately I more than tripled my initial investment before the stock began to dip again.
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