We are experiencing the most turbulant stock market in recent history.
One day the market is wildly higher and the next it is just as wildly lower.
If you are a day trader this type of volatilty is a great way to make money.
Of course, you need to be quick on your feet.
Buy! Sell! Sometimes trades lasting minutes or less.
Day trading is very difficult and not many are successful at it.
Most people don't have the temperament it takes to successfully trade this way.
Usually when most people have losses they want to wait until the market recovers, then they'll get out and hopefully break even.
But successful day traders know that sometimes you will take a loss and you have to take it and move on to the next trade.
There are a lot of brokers who are willing to give their advice on what stocks to buy, but you have to wonder if they have another motive...
like making commissions or if they really have superior information that can lead to stock profits.
Could be a little of both really, but wouldn't it be nice to increase your confidence in a stock pick? A couple of computer programmers developed a stock picking program that has picked stocks that can double your money a high percentage of the time.
The program analyzes stocks using technical analysis; analyzing volume traded, Support and Resistance levels, Trend reversal patterns, channels a stock trades in and consolidation patterns.
The program can easily monitor hundreds of stocks at the same time, making it more effective than your average individual stock picker who is doing good to monitor a few stocks at a time.
They claim to double your money in trades that usually happen within the first 3 hours of trading.
They don't claim to make money on every trade, but their record is unbelievably good.
Their software program is so expensive that the average person can't afford it up front.
I suppose after some successful trades you could take another look at the cost of it.
But they do have an alternative.
They offer a weekly newsletter and updates that can provide some very profitable trades.
In these turbulent times information is very important.
Having a successful advisor in your corner can be the difference between making money in the stock market and losing your retirement account.