Bot software for penny stocks, for those of you that don't know, is simply a software package for your computer that will trade on the stock markets automatically, without your input. Usually you need to set it up and give it some basic rules, and then it will trade profitably with no effort on your part. It seems great, but it can backfire - follow these tips to find the best bot software for penny stocks.
Find something that's truly automated. There are lots of different bot software for penny stocks, and some of them claim to be automated when they really aren't. All they will do is track the price and then recommend you purchase or sell at a given price. You'll still need to contact a broker or open a live trading account to get any trades done. Not exactly automated huh?
Get something with a proven track record. Programming these things is NOT easy, and as such there are a few out there which really don't work as well they claim to. Before you part with any money to buy your bot software for penny stocks, see if you can find some proof of past trades or some general ROI (return on investment) figures.
Make sure it really does work with penny stocks. In reality penny stocks are no different from the more expensive kind, only cheaper. You will find though, that some bot software for penny stocks doesn't work with penny stocks at all, as it is set up to only work on the top 100 or 500 stocks, of which there will be few if any penny ones.
Don't be afraid to pay for good quality. Just like anything in life, bot software for penny stocks that costs next to nothing is going to be worth next to nothing. If you can find something that you can definitely see proof of earnings for, why wouldn't you pay for it? Some of these things are very profitable, but only for those that buy them. . .
Bot software for penny stocks really would change the world if more people knew about, and hopefully you now know a little more. Click the links below for the most profitable bot software in the world.
Click HERE to learn how to get 106% return on your stock investments - it's right here, and it's fast and easy
CLICK HERE to learn how you can get automated software to make money from the best penny stocks on autopilot
Felix Gould is webmaster at StockTradeTipsnTricks.com !