How To Triple Your Investments Overnight With The Best Penny Stock Picker
The fastest way to net a huge profit in the stock market is through penny stocks
. These are easily the most volatile investments to find given that it takes much less outside trading influence to affect their prices. Many traders turn to using a penny stock picker for the difficult but essential task of differentiating between the good and bad stocks or those which are going to appreciate in the short term versus those which will depreciate. This article will explain more about this technology and ultimately how to triple your investments using a penny stock picker.A penny stock picker is a program which generates winning stock picks, but focuses on penny stocks. These programs take past market data and build massive working databases out of it, then apply this information to current, real time market data to find overlaps to further investigate. They do this because the market tends to progress in repeating patterns, on average once every 7 years, so they work to exploit that and it works remarkably well. Professional traders and market experts have been relying on this technology for years, and only recently was it made available to everyday traders.
Penny stocks offer some of the best action in the market because their on average lower purchase prices makes them much more subject to massive fluctuations. For example, the very first pick which I received from my latest penny stock picker which I've used was for a stock valued at 15 cents. I bought 1000 shares, logged out, then checked back the next day to find that it had jumped to 31 cents a share.
I began on and off checking on that stock regularly on the hour for the next couple of days as it continued to rise to my surprise to top off at 48 cents before quickly falling again. Once I got out I had more than tripled my initial investment. My only regret at that point was that I didn't invest more, but I was understandably wary it being my first pick with that penny stock picker.
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