Penny Stock Brokers 4u

A penny stock robot is a stock picking software that uses either algorithms or gleans information from various informational sources to ferret out those offerings that in passing the requirements set up in the software lend themselves well to outperforming the market as a whole.  It stands to reason that the software’s accuracy depends highly on how well the algorithms and program were written, but it is also important to note that outside factors that the software cannot forecast can still affect the stock’s performance.  Everyday unforeseen circumstances, such as a natural catastrophe’s affect on oil prices, can wildly affect the stock market. However, any time you put a mathematical equation to a problem and thus can minimize the negative effects of emotion on it, you can be sure that your results could see a remarkable improvement than would otherwise be the case.

When a penny stock robot is based on verified hard market data and continues to forecast more winners than losers, it certainly draws a crowd.  One of the problems of this is that once you throw more eager participants into the same pool, you can see the value of those picks unnaturally inflated. While this is a wondrous thing when you are one of those that made a profit, if you are the last one holding on to the shares, your picture is not so rosy.  It is for that reason that if you use a penny stock robot to make your investment decisions, you cannot become complacent and must pay attention to those shares very diligently. You also have to understand that when those shares reach a price in which no one else sees those shares as having anymore upward mobility, the rocket runs out of fuel and you may lose everything you invested in that company. Thus, the bottom line is not to get too greedy on any one stock. Keep your money flowing and never risk more than you can afford to lose.

There are a number of penny stock robots available, including the following:

• Marl Doubling Stocks Robot – Offers a newsletter by subscription rather than actual software with a money-back guarantee if you are not satisfied
• Penny Stock Prophet – Developed by James Connelly, a mathematics undergraduate, it uses a mathematical anomaly that he found in which he says he can discover undervalued stocks that are getting ready to explode
• Stock Assault 2.0 – Trading software that states it uses an advanced artificial intelligence engine to accurately choose when to buy and when to sell shares that it picks for you, and does so in such a way that it is not giving the same stocks to everyone which can result in prices being affected by large volume trading.
• Forex Megadroid Robot 7 – Uses RCTPA technology to predict stock winners.
• DayTradingRobot.com – a stock gem sent to your email address every Sunday so you can take advantage of it at the opening bell on Monday
• Fap Turbo – A forex robot that claims they can double your money every month

There has been some debate as to the legality of stock robots. Generally speaking, the worst offenders are the ones that purport themselves to be more effective than they actually are in business simply to take your money.  Since some robots are programs that basically do what you can do on your own given the time and energy to do so by researching through the behemoth of information available, these are obviously not illegal in any way. What falls into the gray area are those that get their information from sources that are not public, by means of hacking into internal networks and thus performing a sort of insider trading environment.  When you get involved with a penny stock robot, often you have no idea exactly how it performs its “magic” and if they are not legal and get shut down, you will lose what you paid for it.

Another option besides actual stock robots is the various stock prediction tools offered by many of the stock brokerage websites. Using these you can use real-time tools to spot fast moving shares and other trends indicative of a hot stock pick. Granted, this is doing the work yourself, but they generally do not cost you anything to use if you have an account with them.

There are many levels of stock picking software with the less involved ones being affordable for the new day trader, but should you decide to get more involved, you may find the cost of the more sophisticated programs to be out of your reach. In this circumstance, your best option would be to look into using such a program through a subscription.  Although these can run as much as a couple hundred dollars a month, if they are providing the level of information that enables profits much higher than otherwise experienced, they are certainly worth the price tag.

One such subscription service is EquityFeed.  This stock trading platform has various features and the individual exchanges that you can individually subscribe to or bundle together into a package. They have a Microcap Equities Package specifically for the penny stock investor as it includes the OTC:BB and Pink Sheets. The various features are as follows and they can be accessed for a 30-day trail to see which ones work best for you:

• Algorithmic Filter
• Technical Trading Alerts
• Daytrade Montage
• Market View
• News and SEC Filings
• Level 2 Depth
• Limit Alerts
• EFT View
• Index View
• Sector Tools
• Personal Watchlist
• Earnings Calendar
• Fundamentals

As long as there are people hoping to make their fortunes in the stock market, there will always be those that dream of the foolproof method. For this reason we will continue to see both legitimate methods for improving your odds as well as scams to make victims of the impatient and foolhardy that want to take the quickest path.