Showing posts with label reviews. Show all posts
Showing posts with label reviews. Show all posts

Sunday, February 1, 2009

Day Trading Robot Review

Overview

The Day Trading Robot downloads data from the stock market and then uses that data to construct a chart that is used to get winning price patterns. When you subscribe to the news letter, you will receive the chart with the top picks of the week every two weeks, which can help you decide which stocks to invest on.


Who's Behind the Product

Jason Kelly was a chief programmer who worked for a small European hedge fund who also helped develop the Stock Trading Robot. After leaving the project, he decided to develop something similar on his own that specializes on the “Penny Stock Market”. Together, he and James Holt, who was a pioneer in the field of “Artificial Neural Networks” and also an expert day trader, were able to come up with the Day Trading Robot.


What You Get

Once you sign up for the newsletter, you will start receiving the “Day Trading Robot” email newsletter every two weeks. The list will contain a list of stock picks that the robot has chosen.


What I Like About It

Stock market trading requires a lot of time and observation. But with the tips that you get from the Day Trading Robot, you can lower your risks and maximize on the profits from your investments without having to spend all your day in front of your computer or in an office. If you are still not sure, I suggest you take the Day Trading Robot for a test run for 8 weeks, which is the guarantee period, and if you don’t like it you can simply get your money back.


What I Don't Like About It

One of the things that I did not like is that the sales letter makes the Day Trading Robot sound a bit too good. Low cost or “penny stocks” are very volatile and thus risky and I doubt the Day Trading Robot will produce winner trades every single time, so I would advise people not to invest money that they don't have to lose.


Conclusion

I would definitely recommend the Day Trading Robot to anyone who is interested in having a profitable method in earning money from the stock market. But I would advise people to start tracking the performance of the picks in the newsletter first before investing your own money. Also start investing with small amounts at first then work your way to larger trades as you get more confident with the Day Trading Robot picks.