Outrageously cheap stocks have long been the sole target for many day traders. Because of their cheaper prices, penny stocks are inherently more vulnerable to strong trends so it's quite possible to make a large profit or a huge loss in the short term. This article will identify and differentiate between the two so that you can predict exactly how one of these penny stocks is going to perform so you can invest accordingly.
Penny stocks just like greater valued stocks travel in patterns which repeat themselves. Stock behavior is very specific and unique, so comparing stock behavior is the most effective way to anticipate future stock behavior used by professional traders. This is why so many traders who work for large investment companies rely heavily on automated algorithmic stock pickers which anticipate market behavior by comparing trends.
Penny Stock Prophet is one such program today which is available to everyday investors a home-based level. Just like professional trading software that the pros use, this program looks at well performing, outrageously cheap stocks of the past and then finds overlaps in current stock behavior which exhibit similar traits before they go on their trends. This is one of the better penny stock specific programs because it exclusively targets cheap stocks which is essential because it's a different process altogether when it comes to anticipating market behavior in cheaper stocks.
Taking advantage of their money back guarantee, I tested this program first hand and had my first generate pick jump from $.15-$.48 in a span of less than 36 hours or two trading days. This is very apparent of what you can expect from these cheap stocks which is why like to reference that first pic.
The great thing about a program like this is the you can test it for 60 days and received a handful of its outrageously cheap stock picks and then follow their performances along in the market without having to invest a cent of your own money.
See for yourself just what outrageously cheap stocks are capable of and make the kind of of money that you can make when you can differentiate between the well and poorly performing stocks first hand by clicking this link for tripling your investments on outrageously cheap stocks.
Article Source: http://EzineArticles.com/?expert=Jonathan_Langley
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