The Best of My Stock Chart Software Reviews

Stock chart software is used by casual investors in the stock market because it enables them to trade with the same information which the pros use on a daily basis. These programs chart the upcoming behavior of stock picks in the short term so that you can invest accordingly without the time or experience required.

In this episode of my stock chart software reviews I’m going to take a look at the penny stock specific “Best Penny Alerts”.

Best Penny Alerts works by maintaining and constantly appending huge databases of stock behavior of the past and taking the best performing stocks in the history of the market and looking specifically at the factors which led to their breakout performances. It then applies that information to current real time market behavior in order to find overlaps between the two to further investigate.

Upon finding even the slightest overlaps, the program is able chart out an expected course for that contemporary stock in the short term so that you can make the corresponding trading moves entirely devoid of emotions or other harmful human related errors.

Best Penny Alerts has the distinction of being different from other software I’ve covered in past stock chart software reviews in that this is a penny stock specific program as I just mentioned.hat this means is that it exclusively targets penny stocks and nothing else.

Penny stocks are known for their increased volatility because it takes far less trading influence to affect their prices to see them go on significant up or downswings, particularly in a short time frame. Because of this, it’s an incredibly different process anticipating the behavior of cheaper stocks versus greater priced stocks.

Therefore, the fact that Best Penny Alerts exclusively targets penny stocks and nothing else is a major asset and helps to make it the most effective software in anticipating behavior of cheaper stocks.

A recent pick which I received from the program exemplifies the kinds of appreciations which you can expect from the best performing penny stocks. I received the pick late Sunday evening when it was valued at 25 cents a share. I purchased 1000 shares, spending $250. Over the course of that first day when the market opening Monday morning, that stock climbed steadily every hour, topping off at 48 cents.

I hung in with a projection of 60 cents from the program. The next morning that stock jumped 8 cents in the first hour as outside investors took notice of that stock’s previous day’s performance. Ultimately, that stock topped off at 63 cents before beginning to dip again at which point I got out. That stock went for nearly a 150% increase in just a period of 36 hours which shows the kinds of profits which you can enjoy when you are able to differentiate between the good and the bad.