Monday, February 2, 2009

Day Trading Robot Review

Day Trading Robot is kind of two things at the moment; a newsletter and an automated trading "robot". Considering the large price tag of the automated trading system ($112,000 per 1 year license), this article is going to assume you're currently more interested in the newsletter... and that newsletter is selling like hotcakes.

The author of the Day Trading Robot newsletter is Jason Kelly, a computer programmer that worked with James Holt (one of the most successful day traders to date) to create the Day Trading Robot. To pinpoint winning price patterns, James created videos of 23 techniques he uses regularly to make thousands per day. The algorithm the Day Trading Robot uses was created based on these 23 trading techniques; this is where the picks you receive in the newsletter come from.

If you consecutively placed the last 7 trades recommended in the newsletter you could have turned $200 into a little over $1.2 million. The thing about that is you couldn't spend ANY of the money from winning trades; it all would have had to get reinvested for 7 straight trades to make that $1.2 million. But even if you followed just 3 of the trades you would have turned $200 into $7,688.

If you have a little capital and are interested in investing this is a good start. One thing I personally do when trading is for every $10,000 I gain, I take $5,000 and invest it in something safer like bonds. So say you start with a capital of $1,000... when I hit $11,000 I take $5,000 to invest in bonds and leave $6,000 to continue trading. I consistently do this, this way I'm building wealth from multiple places and don't have "all my eggs in one basket".

Day Trading Robot comes with an 8 week money back guarantee - so for a week or two just watch the picks and calculate the profit you COULD have made making the trades. I'm confident you will, but once you consistently see the trades making profit jump in with your cash. If for some reason the trades aren't resulting in profit, get the refund you're entitled to!

See, when we think logically there's literally no risk; you watch the picks before investing any capital. If there's profit, you invest and make some pretty easy cash. If there's no profit, you don't invest any capital and get your refund. Literally risk free!

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