Day Trading Robot Review and Experiment

I recently recommended that a friend of mine, my brother in law, who has never touched the stock market in his life give Day Trading Robot a try. For those unaware, this is a stock picking system which scours the market looking for the makings of profitable trends in different stocks and advises you to trade accordingly. You may be surprised by the results of our little experiment/Day Trading Robot review.

For the purposes of this article, my friend will be referred to as Ted. Ted’s been interested in investing in the stock market for years now, but has always been wary of the obvious risk involved, particularly in today’s market. I’ve been day trading for a few years myself, enough to know that the recession is anything but a bad thing at least for investors right now.

Ted put down $250 and I staked him another $250 for a combined $500, and he decided that if he lost this money then that would be a sign that stock market trading just wasn’t for him, let alone Day Trading Robot was a failure. I opened up an online trading account for him and showed him how to easily transfer the money to his account and the basics of how to enact a trade, all simple to pick up stuff.

I already have Day Trading Robot, so we simply used my “account”. I won’t get too technical in terms of the investment specifics, but long story short in the first week, the system recommended a total of 9 trades. 7 turned out to be winners, 2 did not. I want to clarify something for those who don’t know anything about this system or these kind of systems in general. Much like real traders, they don’t win EVERY single trade. But the best ones win the vast majority of theirs and the winnings more than make up for their losses.

In following every single one of Day Trading Robot’s recommended trades, that $500 turned into $1300 over the course of a week. While Ted almost begged me to let us cash out and sell off everything to get out while we were ahead, I had to almost insist that we stay in another week. The second week, the system recommended 11 trades, 8 were winners, we lost money on 3 of them. Ultimately that $1300 turned into $2200. Ted has since bought his own account for Day Trading Robot and continues to enjoy some extra income each week because of it.

The reason for Day Trading Robot’s high winning rate is simply because it’s a well designed system which analyzes real time market data around the clock and uses mathematical algorithms based on winning trading techniques to detect profitable trading opportunities. Again, you won’t and shouldn’t expect to win every single trade, but if you as I do place every single recommended trade, you will ALWAYS come out ahead. Sometimes it’s more, sometimes it’s a bit less, but it of course depends on your investment and is a fantastic way to earn some extra income without spending much time on it.

Author: Jonathan Langley
Article Source: EzineArticles.com
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