Although we usually only review Forex trading software, this stock trading robot has caught our attention. Released just recently it has already hit its popularity peak and it’s been featured in Business Week and the Wall Street Journal. Day Trading Robot is a neural network based system, which employs chart patterns.
Day Trading Robot works in penny stock market. This market is famous for its large percentage swings, and even though each stock usually trades at under a dollar, these markets are able to bring profits of around $500 a day and sometimes more. I’m pretty sure none of us would refuse to take that. What’s more, such trades are really low risk.
In a nutshell Day Trading Robot analyzes stock market data of the last 7 days and as soon as any stocks match a pattern of an emerging trend, it issues a notification. It also constantly monitors markets and is able to create new patterns for future analysis – that’s the ability empowered by neural networks.
Here’s a quick breakdown of Day Trading Robot’s features:
- Cost: $97
- Setup: Non needed
- Guarantee: 8 Week 100% Money Back
- Stocks supported: Penny stock market
- Demo account: N/A
- Positive to negative feedback ratio: 100%
It is important to note that Day Trading Robot is not a software you would download and install on your computer, it in fact works like a newsletter. The stocks are picked by the main Day Trading Robot system and are sent to you every two weeks or so. Because it is a complicated system that has to be constantly maintained, it is impossible to distribute it as a downloadable software.
A common trade with Day Trading Robot usually consists of buying stocks for up to $500 (it is completely up to you, and you can invest as little or as much as you want, but the recommendation is a few hundred dollars per trade). The stocks usually rise about 100% the next day after they are picked, so you must act quickly as soon as you get the notification.
Final verdict, is it worth buying? The cost of $97 makes it really a no-brainer given the results already tested by thousands of its users so far. In our opinion it is a must try, as we don’t see many high quality stock trading robots out there.