Tag: Day Trading Robot

Learn To Trade From A Day Trading Robot

Posted by admin – July 5, 2009

Once someone has mastered the basics of trading, the biggest hurdle is actually finding good ideas to watch for a trade.  Some people subscribe to chat rooms with other traders, some people like to watch real time news, and others like to program computers to scan the market or use a day trading robot to help them find ideas in real time to make money.

One of the key reasons to use a day trading robot is that it applies a set of formulas in exactly the same way every time and is unbiased by outside factors.  The real key is finding a day trading robot that is reliable in its stock picks and is easy to use.  Of course, this is no easy task as there are a lot of imposters out there or more likely, stuff that used to work but no longer does because of changing market conditions that the day trading robot cannot adapt to.

One key component of any day trading robot that should be essential is the ability to find stuff in real time, but give you enough time to actually act on the information it provides.  It does no good to use a day trading robot that scalps something so fast that you cannot even get an order in should you choose to follow what it is doing.  Of course in this situation, you could just let the day trading robot trade your account for you, but I know a lot of traders are really uncomfortable with that notion and they like to retain control.  In addition, there are always nuances that occur each trading day that a computer program cannot take into account but a human trader can.

Anyone looking to use a day trading robot should be aware of limitations and plan to use it as a part of an overall trading plan.It is fantasy land to expect a trading robot to be right 90-95% of the time, or for it to make 40% every month in your account.  I can tell you 100% anyone who has such a tool would never sell it or lease it out - they would be living on a private island off the wealth it creates daily.In order to get the maximum benefit from using a day trading robot, you need to have realistic expectations for performance.

The Day Trading Robot

Posted by admin – March 28, 2009

You’ve probably heard about The DayTrading Robot because it’s become one of the most popular stock pick products available online. The confusing thing for some may be that there are actually two different products for sale from the Day Trading Robot website. One is the software which makes the picks which costs over $100,000 per year currently and the other is the newsletter which contains the latest stock picks by the software and it’s availbale for less than $100 lifetime. This second choice is far less expensive really just as effective.

The Day Trading Penny Stock Picking Robot focuses on penny stocks because they are the stocks with the largest percentage gains day to day. If you want to make a fortune very quickly then “blue chip” stocks are just not going to work because they’ve already reached a very high level. This is really obvious when you stop and think about it. The whole game of making money on the stock market is picking the stocks which have the highest percentage gain, not the highest price gain. It’s important to understand this concept because it’s essential to understanding why this software is focused on penny stocks.

When you go to the official website of The Day Trading Robot you will find truly astonishing evidence of the power of this software. On December 16th the software said it was time to pick TLLE at just 13 cents. By the next day that same stock was over 40 cents. It does not take a math genius to know that 40 is more than three times 13.

A very simple example of how much money you can make with a 300% gain is to imagine that you put $1000 into a stock that goes from 13 cents to 39 cents. That’s 300%. You would have $4000 instead of $1000. If you sell it at that 39 cent price you’ve just made yourself $3000 in a single day while only risking $1000. You could trade high priced stocks for many years and never make a 300% gain. That’s the logic behind buying and selling penny stocks.