Day Trading Robot Review – What They Don’t Tell You In The Sales Letter
Posted on May 4, 2009
Filed Under Webkinz in Stock | Leave a Comment
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.
Each day, the robot downloads data from the stock market to construct a chart of each stock… over the past 7 days. These charts are then referenced against the encrypted trading patterns…
Each day, the robot downloads data from the stock market to construct a chart of each stock… over the past 7 days. These charts are then referenced against the encrypted trading patterns…
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.
Read competent info in the sphere of working with children – this is your personal knowledge base.
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