Monday, January 12, 2009

Important Tips to Decide on the Best Penny Stock Picking Robot

Those who are new to penny shares will at least understand that if a penny share were to increase to 2p, then you will double your money.

Penny share companies are the smaller companies listed on the stock exchange with fewer assets or a shorter trading history. This makes them volatile, and much more likely to move a large percentage.

Have you even once thought of what works for stock traders who trade in Penny Stocks? Are you on the look-out for a stock picking guide that will provide you with graphical details to decide on the finest penny stock picking robot or software?

In that case a software like this must give you the following advantages:

1) It should simply work on your computer at home without any changes.

2) It should be free of bugs that can trigger huge financial losses.

3) The original software should be licensed and have teaching material to use the software appropriately.

4) It should have been planned to work with unpredictable penny stocks.

5) It has, in addition, to be able to study past price patterns to forecast future direction. It should then present this information visually to facilitate effortless penny stock picking.

6) It has to be able to keep a check on hundreds of stocks based on these graphical patterns.

7) It must be able to recognize a bullish trading pattern.

8) It must be able to utilize the analysis and the conclusions over long term and weekly trading patterns.

9) It should have the ability to identify the precise moment to procure a stock that is going up. This it has to be able to do after keeping an eye on and testing the stocks.

10) It should have the ability to study stock markets indexes like volume traded, consolidation patterns, resistance levels, various trading channels as well as the trend reversal patterns.

11) By monitoring these graphs the software must be able to learn to guess the exact direction of stock prices for numerous positions. This it should be able to do by tracking minute movements of different stocks.

12) It must also be able to store the graphical patterns in its records to check and learn.

13) The software should have the capacity to track numerous charts per second.

14) The software has to have the capacity to check the forecasts with what actually happened to learn the market dynamics.

Finding the right product is very important, don't shell out on anything that isn't right for you, only stick with something that will allow you a FREE trial so you'll know whether or not it suits you first.

For an 8-week free trial of the stock picking robot that answers all the above concerns positively, and a free newsletter to help you find ways to double your stocks, visit: http://lunamercato.com

Alan Snell is an expert in stock picking and wants to share his expertise with others.

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