Learn the Simple Methods Professionals Use to Profit from the stock market everyday

Updated October 29th, 2010

Stock trading is a great way to make money and create a living.  We’ve experienced this first hand as the team here at SimpleStockProfits.com are successful traders and have worked with many successful traders in our career.  There are few opportunities out there that offer such a pure reward to an individual based on their own abilities and individual work ethic.  Because of this, we can see why you have come to this site to hopefully learn more about trading and how to make it profitable for you.

One of the many pitfalls for new traders is the overabundance of websites and products out there offering you advice and “profitable” stock picks.  Unfortunately, many of those products and websites are scams and, at the very least, can be a time-wasting trap for individuals really desiring to learn how to trade more profitably.

What we’ve done with this site is create a resource that can be used by you to help funnel your time and resources towards products that really do provide value for your trading.  If these products are used correctly, they can help you achieve the next level of profitability in your trading.  Be sure to read the reviews fully to see what product might be a good fit for you.

#1 rated product: MicroCap Millionaires

Day Trading Robot Review

Rating: 10/10

Ease of Use: 5/5
Performance: 5/5

Pros: Consistently Profitable, Needs little user intervention

Cons: None

MicroCapMillionaires is an exclusive (limited to 400 subscribers only) newsletter that has been exceptionally good at revealing penny stocks that are set to rise exponentially. Most often, the newsletter will publish its pick the evening before with limit stop buy and sell prices so you don't have to be watching a computer screen all the next day. This is extremely helpful for those who work full-time jobs but still want to take advantage of the big profits available from these microcap stocks.

We're not allowed to publish the results from these picks right now, but if you want to see for yourself just how good these picks have been, check out the MicroCapMillionaires website here and you can sign up to get the next two picks for free! If you decide to purchase the service, you will have 60 days to try it out within which you can always recieve 100% of your money back. Its practically a no-brainer! The great thing about microcap stocks is that since they are so cheap, almost anybody can afford to purchase them. You have the opportunity to pay very little money, yet experience exponential returns. What a deal!

Click Here to See More Details on MicroCapMillionaires

#2 rated product: Penny Stock Prophet

Rating: 9/10

Ease of Use: 4/10
Performance: 5/5

Pros: Big gains on fewer stocks enabling low commission and start-up costs

Cons: Volatile Stocks means that you need to follow the newsletters strict recommendations to see the best profits

The Penny Stock Prophet is one of the latest among a list of penny stock newsletters out there, but once we used it, we found it to be head and shoulders above the rest. 
We don’t know about the salesy pitch of a broke MIT student discovering a secret formula on its main page, but what we do know is that its algorithm is one the most advanced we’ve seen (and that a good story sells subscriptions!).  From our understanding, where the Penny Stock Prophet shines is in the fact that it utilizes both proprietary methods of picking stocks based on years of historical data as well as an advanced system of “mining” internet data to find exactly where interest is peaking in smaller companies.

One of the ways that has turned many investors off to Penny Stock newsletters in the past, is the much derided “pump-and-dump” system of publicizing a little known company in an effort to drive its prices up.  What happens essentially is that the newsletter writers buy the stock and only then publicize its “great potential,” thereby making the stock rise enough so they can sell it making a profit.  Any newsletter subscriber to a system like this better be quick on the sell button or they will see any of their profits wiped out by all the other subscribers jumping ship in these low-volume stocks.

So just how is the Penny Stock Prophet service any different?  Their two different algorithms work together to determine just when a stock hits a short term bottom based on its psychological support level (or PSL) as they label it.  In effect, it spots a bottom in stocks that already have real interest in them and can take advantage of other stock newsletters by constantly evaluating the wide array of opinions on the internet.  While this might sound like a lot of technical mumbo-jumbo, the point is that this system has proven to work on average of 3 days in advance of major bounces in the stocks it picks.

In conclusion, for private traders that just want to make money following strict recommendations and not deviating from well laid out rules, this product looks like it can certainly be quite a winner.

Click Here to See More Details on the Penny Stock Prophet

#3 rated product: Stock Assault 2.0

Stock Assault Reviews

Rating 8/10

Ease of Use: 5/5
Performance: 3/5

Pros: Many regular and reliable winners – Rarely a loser.

Cons: Gains are generally less than Penny Stock Profit – Helps to have low commission costs to reap the most benefit.

Stock Assault 2.0 is a very impressive product despite its overly aggressive, gimmicky name.  What makes Stock Assault stick out from the crowd is its large list of features – truly a goldmine in and of itself.  In this one software package, you can get real-time stock charts, newsfeeds, and Bloomberg video coverage on the markets.  Now these are things that you can get elsewhere as well, but having them all in one place is an invaluable feature because it helps you keep your focus on trading – where it belongs.

Speaking of trading, Stock Assault does a great job of picking stocks to trade through its proprietary algorithm which tells you when to buy and sell stocks.  In addition, Stock Assault 2.0 resides on your own system so you know you don’t have to rely on someone else’s server or constantly checking your email to get updated stock picks.  While this means that you have to keep on top of the technology yourself, people with a DIY bent will appreciate the autonomy this offers.

As far as performance goes, we found Stock Assault to do quite well, but not quite as well as the Penny Stock Prophet Newsletter.  Stock Assault takes a slightly different bent with picking stocks, focusing on large-cap stocks that make smaller moves over a longer period of time.  The “sweet-spot” for Stock Assault (where most of its trades focus on) is 7-10% gainers over a period of 6-8 trading days.  In addition, once Stock Assault builds up a database on your system, it can give you as many as 10 trades a week.  This enables you to be choosy as to which trades you want to take as well as the opportunity to use other trading systems or criteria to narrow down your picks.

Overall, we thought Stock Assault 2.0 was one of the best stock picking software packages we saw out there and think that with its $47 dollar one-time price and 60-day guarantee it’s a great value for new or experienced traders.

Click Here to Take a Closer Look at Stock Assault

 

If you're interested in higher risk/reward, automated trading, check out our new Forex Trading review page at TopForexTradingSoftware.info