Sunday, January 17, 2010

Penny stocks: How to pick penny stocks successfully

Proven Formula to Pick Penny Stocks

See Proof of one of ‘The Prophets’ Stock Picks Made Live on February 19th, and Watch what happened in just 2 Days!

Click Here while it lasts

Lately I have been in the quest for a great penny stock trading program that would help me get started in the penny stock exchange and minimise the risks of my investment by applying a proven strategy on how to pick penny stocks.

Penny Stock Prophet is ideal if you are a day trader who is looking for a reliable (and unexpensive) way to know how to pick penny stocks. However, I may add it is also a great starting tool for beginners who don’t have the will or the time to devote to studying hours of stock indicators.

Let’s analyse how this program works and how Penny Stock Prophet picks penny stocks.The process used by this program is that it looks for behavioral overlap between the origins of a well performing stocks of the past and current real-time stocks.

The concept is simple: identical pattern between two stocks helps to forecast the behavior of analysed stocks.

Penny Stock Prophet takes analyses the entire scope and range of the market to increase its efficiency.This is actually the process used by human analysts. The great thing about Penny Stock Prophet is that the automated system finds the same stocks that a human analyst with formal trading education would take manu hours to come up with.

The reason I am reviewing Penny Stock Prophet is that it is one of the few penny stock analysis programs out there worth talking about.This worked great for me because I was looking exactly for a penny stock trading platform that would allow me to leverage my initial investment. Penny stocks can go through appreciation cycles much more profitable than ordinary stocks.

Example: when I started this, one of my first buys (based on the system pick) was a stock that was worth $0.13. I got with more than 1,000 shares which was a few hundred dollars of investment. When I checked back a day or two later I’d already made over 60% in profits, and I was just getting started.I was happy and surprised, since this was my first penny stock investment.

When all was said and done, I had made over 300% profit on my investment. I basically was able to turn around a few hundred, and make them almost a thousand..

I was a bit unsure about trying this product but the 30 days money back guarantee made it for me, I know someone who asked for it and got with no questions asked, so you have nothing to lose by trying it.

Proven Formula to Pick Penny Stocks

More resources on how to pick penny stocks: