Penny Stock Guide Review - Penny Stock Prophet
Penny Stock Prophet is one of the few programs on the market today which narrows in and only deals with penny stocks.
As these cheaper stocks offer some of the most volatile action be found in the market I figured if any program could successfully predict patterns in them, you can make a great deal of money in the short-term.
Consequently I've tested a number of these guide/pick programs which specifically focus on cheap stocks, so here is my review of the penny stock guide program, Penny Stock Prophet.
The first thing to mention about this penny stock guide is how exactly it determines what is a profitable trade and what is not a profitable trade.
This program works much like the major trading houses when they predict market behavior in that it takes the entire scope of the market into account every time it analyzes real time market data.
The market as a whole travels in patterns of cyclical behavior which repeat themselves every several years which is seen easily in the fact that we've gone in and out of recessions quite regularly throughout our economic history.
By looking at the origins of profitable trends in the past, if you can find similarities in the origins of current real time market data, you can put together a remarkably accurate picture of how that stock will act in the short term so that you can trade accordingly.
As I mentioned, this penny stock guide program only targets penny stocks.
Penny stocks require a great deal of less market influence to send them moving around quickly, so there is a lot of money to be made if you can predict how one of them will act in the short term.
I've been using this penny stock guide program for quite some time now and I'll reference my first trade with it as a stepping point.
The first pick was valued at $.
18 when I first got this program.
I bought around 1000 shares for about $180 simply using my online trading account and logged out.
I check back in on that stock several hours later to find it had already doubled in value to $.
37 a share.
This is far more than I'd expected so at this point I continued to check in and out of that stock every several hours.
By the next afternoon it had briefly leveled out at $.
57 a share.
This being my first pick coupled with the fact that this pick had already far exceeded my expectations, I got out with more than triple my initial investment.
I suggest that you take some of your profits and reinvest them in the subsequent picks which the penny stock guide program generates like I have since learned to do.
I would also like to note that not every pick which I've received from this program has acted so profitably.
I have, however, made money on 18 of 20 of the trades which it has generated for me and many stocks have performed about the same if not better.
The main point is that all of the analytical work is done for you, so you don't need the experience yourself to see some reliable gains come from the market.
As these cheaper stocks offer some of the most volatile action be found in the market I figured if any program could successfully predict patterns in them, you can make a great deal of money in the short-term.
Consequently I've tested a number of these guide/pick programs which specifically focus on cheap stocks, so here is my review of the penny stock guide program, Penny Stock Prophet.
The first thing to mention about this penny stock guide is how exactly it determines what is a profitable trade and what is not a profitable trade.
This program works much like the major trading houses when they predict market behavior in that it takes the entire scope of the market into account every time it analyzes real time market data.
The market as a whole travels in patterns of cyclical behavior which repeat themselves every several years which is seen easily in the fact that we've gone in and out of recessions quite regularly throughout our economic history.
By looking at the origins of profitable trends in the past, if you can find similarities in the origins of current real time market data, you can put together a remarkably accurate picture of how that stock will act in the short term so that you can trade accordingly.
As I mentioned, this penny stock guide program only targets penny stocks.
Penny stocks require a great deal of less market influence to send them moving around quickly, so there is a lot of money to be made if you can predict how one of them will act in the short term.
I've been using this penny stock guide program for quite some time now and I'll reference my first trade with it as a stepping point.
The first pick was valued at $.
18 when I first got this program.
I bought around 1000 shares for about $180 simply using my online trading account and logged out.
I check back in on that stock several hours later to find it had already doubled in value to $.
37 a share.
This is far more than I'd expected so at this point I continued to check in and out of that stock every several hours.
By the next afternoon it had briefly leveled out at $.
57 a share.
This being my first pick coupled with the fact that this pick had already far exceeded my expectations, I got out with more than triple my initial investment.
I suggest that you take some of your profits and reinvest them in the subsequent picks which the penny stock guide program generates like I have since learned to do.
I would also like to note that not every pick which I've received from this program has acted so profitably.
I have, however, made money on 18 of 20 of the trades which it has generated for me and many stocks have performed about the same if not better.
The main point is that all of the analytical work is done for you, so you don't need the experience yourself to see some reliable gains come from the market.
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