A lot of traders choose to only trade in penny stocks when investing the stock industry because in the greater volatility and profit potential in the short term. There are an increased chance of risk, also, because they can easily drop off in value in the same short time frame, so it?s so important and essential to be able to differentiate between the great and bad when investing the stock market place, so this article will look at the most reliable method for doing just that in today?s difficult economic climate.
Analytical stock pickers are getting more effective each and every day and with that their popularity is growing amongst traders of all different experience levels. These programs are now available on a consumer based level and are modeled after the same technology used by professional traders for years to give them an edge in their investing the stock industry. How it works is actually a method called stock behavior comparison.
Stock behavior is very unique and specific, so when you find a current stock exhibiting behavior similar to a stock in the past, you have a precise idea of exactly what to expect from that current stock.
This is the most effective and reliable way to determine stock behavior when investing the stock market and it?s just as effective in cheap stocks as it is in greater priced stocks. A word of warning, however, is that you should get a penny stock specific program if you?re planning on targeting cheap stocks because it?s a different process doing analytics for more volatile investments versus others, so keep that in mind.
With programs like Penny Stock Prophet, you can get a smart stock pick like the first one which I received from it and watch as it appreciates from $.15-$.31 over the course of one trading day and continued to climb and leveled out at $.48 the next day, or overall more than tripling in value.
Source: http://linuxmeeting.net/investing-the-stock-market-how-to-triple-your-investments-safely-overnight/
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