Stocks Under $1 Targeted by Day Trading Robot
July 1st, 2009
Day Trading Robot claims to reward its users with hundreds or even thousands of dollars per day in profits in the trading of so-called “penny stocks.Jason Kelly, who helped develop the product, said " The proprietary technology spots specific trends regarding these penny stocks (generally speaking, those that trade for under $1 per share) that will identify one-day spikes in price that will allow day traders the chance to buy low and sell high within a short period of time.
Kelly says on the Web site's home page he was hired as chief programmer for a small European hedge fund. The fund intended to create some kind of software technology that could accurately predict the financial markets using $2 million in seed capital it had just been given. Kelly describes the software development process in detail on the Web site.
"Thousands of people receive my stock picks every two weeks and witness returns consistently averaging 80 percent plus," Kelly is quoted as saying on the Web site. “Most are consistently making hundreds and even thousands of dollars, every time a stock pick is released.” The robot has already been featured in Business Week and the Wall Street Journal, he adds.
Here are some consumer reviews of the Day Trading Robot product:
“If you have a bit of money and time you can invest in trading penny stocks, you have nothing to lose in signing up for the free trial offer. If you don’t make at least $100 in your first 8 weeks, quit the program, and it has cost you nothing but some time and possibly a few trading losses.”
“inspirepub” on hubpages.com
“The great feature about the Day Trading Robot is that it doesn’t generate “homerun” trades, in other words it doesn’t look for extremely high risk/high reward trades. What it does is look for trades that have a medium reward/low risk level. This is phenomenal for a variety of reasons. First, if one trade goes against you, you don't have to worry about losing a large percentage of your account! Secondly, this is a great long term strategy to grow your account at a decent rate without the fear of losing a large percentage once you start adding to it!”
daytradingrobot-review.com
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