Day Trading Robot is a recently-released product which supplies stock trading tips. In this Day Trading Robot Review, I am going to talk about some of the things which are NOT mentioned in the sales letter for Day Trading Robot.
Day Trading Robot is not the first, nor will it be the last, to offer this type of information. Stock tips via newsletter were a viable industry long before computers were invented.
People have always wanted to get ahead, to double their money in the markets in the short term, and Day Trading Robot is only the latest product to come along and meet that insatiable need.
Day Trading Robot Review - Is It Real?
Can Day Trading Robot do what it promises?
Cutting through the inevitable gloss, backstory and hype one finds in a sales letter, we get to the nub of the matter - Day Trading Robot is a tool for performing technical analysis of stocks.
Technical analysis is not proprietary to Day Trading Robot. Technical analysis is used by share traders, options traders, day traders and even conservative mutual fund managers to help decide where to invest their money.
Day Trading Robot's claim to uniqueness, or at least superiority, is its ability to learn from its mistakes and improve over time, based on checking its own predictions against the outcomes.
The idea is tha Day Trading Robot will be developing ever more sophisticated rules for choosing stocks.
There is certainly no reason to doubt that computer software could do what is described in the Day Trading Robot sales letter. Without looking at the source code for the software, of course, nobody could say for certain how it actually works, but the process described in the Day Trading Robot sales letter is logically valid and technically feasible.
On the plus side for Day Trading Robot, the company has a bricks-and-mortar office in Miami, and welcomes both visits and phone calls - a reassuring factor when so many of these online offers are from fly-by-night scammers.
Day Trading Robot Review - Does It Work?
This is the big question, of course.
Day Trading Robot targets penny stocks, which means that a small number of buyers can have a significant effect on their price.
Day Trading Robot sends out email tips to clients - probably hundreds of clients within a few weeks of launch - which means that a Day Trading Robot tip is likely to go up just from all the Day Trading Robot clients buying the share, even if it wasn't going to go up otherwise!
Now, cynics among you may well decide that it's worth signing on for the stock tips, just to benefit from the market distortions caused by Day Trading Robot itself. After all, if you know it's going to happen anyway, why not make a profit, right?
Those who think it's wrong to profit from market distortions may find it morally uncomfortable to share in the Day Trading Robot empire.
The promoters of Day Trading Robot are so confident that it works that they are offering a risk-free eight week trial.
Of course, during that time, all the great gains those stocks make may well be artifacts of being Day Trading Robot stock picks, rather than evidence of sheer programming brilliance. It would be impossible to evaluate the actual software's performance unless you got access to stock tips that weren't emailed out to hundreds of keen traders each week.
Mind you, the cynical among us might say, do we really care whether the jump in the share price was accurately predicted by the software or actually caused by the release of the tip? A gain is a gain - let's grab it while it's there.
Day Trading Robot Review - What's The Catch?
There is always a down side to everything, and Day Trading Robot is no exception.
Nobody has a crystal ball, and nobody can control everything.
Some of the stock tips produced by Day Trading Robot will be dogs. They will lose money, perhaps every penny of their value, because these are penny stocks and penny stocks do that.
You may lose the money you invest in stocks after a tip from Day Trading Robot. You may lose all of it.
Even the best traders lose almost as many trades as they win - they just cut their losses earlier and ride their winners longer, so they come out ahead.
If you are going to invest in stocks based on tips from Day Trading Robot (or any other system), take the following safety precautions:
1. Trade only with spare money you can afford to lose.
2. Don't trade with borrowed money.
3. Set a trading strategy and stick to it, no matter what.
4. If the prospect of losing money on a trade causes you stress and emotional pain, find another way to build your wealth.
Day Trading Robot Review - Conclusion
Is the Day Trading Robot offer worth it?
I guess the question is - can you make more money from this than it costs you?
Given the eight-week free trial system, this is a question each user can answer for themselves.
If you have a bit of money and time you can invest in trading penny stocks, you have nothing to lose in signing up for the free trial offer. If you don't make at least $100 in your first 8 weeks, quit the program, and it has cost you nothing but some time and possibly a few trading losses.
And if you don't have any spare cash to invest in trading stocks, you shouldn't even be thinking about buying products like this one!
Find out more about the Day Trading Robot 8 week trial offer.
0 comments:
Post a Comment