Tuesday, April 06, 2010

Stocks Under $ 1 Target of Day Trading Robot

Day Trading Robot claims to reward its users hundreds or even thousands of dollars per day in profits in the trade in so-called "penny stocks. Jason Kelly, who helped develop the product, saying that" proprietary technology spots specific trends relating to these penny stocks (generally, those that trade for less than $ 1 per share) that will identify one-day spikes in price that will allow day traders to buy low and sell high within a short period.

The website's homepage, says Kelly, he was hired as chief programmer for a small European hedge fund. The fund had just received $ 2 million in seed capital and aims to create a kind of software technology that can accurately predict the financial markets. Kelly describes the software development process in detail on the site.

"Thousands of people get my stock picks every other week and witness returns consistently averaged 80 percent plus," Kelly says on the website. "Most are consistently making hundreds and even thousands of dollars every time a stock pick is released." The robot has already been presented in Business Week and Wall Street Journal, he adds.
Here are some consumer reviews of Day Trading Robot product:

"If you have a bit of time and money you can invest in trading penny stocks, you have nothing to lose in signing up for the free trial offer. If you do not make at least $ 100 in your first 8 weeks, quit the program and it has cost you anything but some time and may take a few losses. "
 
"The big feature on Day Trading Robot is that it does not create" homerun "In other words, it does not look too much high risk / high reward trades. What it does is look for trades that have a medium reward / low risk. This is phenomenal for a variety of reasons. Only if trade goes against you, you need not worry about losing a large percentage of your account! Second, if your goal is to grow your account on a decent speed without fear of losing a large percentage when you start adding to it, it's a great long term strategy? "
 

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