Here are some reasons why some people would believe Day Trading Robot is a scam:

-A naive person who is new to the stock market decides to spend all his or her bank account on one stock tip provided by the system. The tip turns out to be a bad one so the person loses all the money.

-The person did not set a limit on the stock price. He or she lets the penny stock go up high, and believe that it will keep on skyrocketing. Suddenly, it plummeted so now it is worth 2 cents.

-Doesn’t take the time to learn and practice. When you first start as a beginner, treat yourself like a beginner. Take some babysteps to test the system. Lets say you have $1,000 to invest, you don’t want to dump all that into one stock. Get the feel of how investing in penny stocks work. Start off with about $100 per trade.

-Penny stocks are very volatile. Do not stay in one too long. Just like the 2nd reason above, set a price limit. This is short-term only.

-Buying that same stock again in hopes that it would continue to rise. This happens to a lot of investors. A lot of these people are the people you hear crying, “I will never invest in penny stocks again,” because all of a sudden it falls down to a few pennies. Don’t re-invest in the same one!

If you have self-discipline, Day Trading Robot might be right for you. Don’t expect overnight success because the people who claim that they were scammed are the people who were expecting it.

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My advice to you though is when you get a list of penny stocks don’t buy any of them. Why? You can’t buy a stock based on price alone. I can’t guarantee you’ll lose money if you do rush out and buy but I can assure you that if you do make money it will be because of luck rather then judgement.

I like to play poker, so I liken a list of penny stocks with the players in a poker tournament. Each one of them may pay you off, but each one of them could leave you broke. Once you get a list of penny stocks shouldn’t you be a bit more careful than the poker novice that jumps into shark -infested waters and gambles? Of course you should but what should you do?

When I first got a list of penny stocks I invested in the cheapest stocks, can’t recall how much they were but I do remember my money didn’t last long.

Before you even get a list of penny stocks you should have assessed the risks you wish to take and come up with an investment strategy depending on your tolerance to risk. Penny stocks are for the small investor (usually) one that is willing to take more risks than the high rollers, who like a steady return over time. I choose because I figured that these were small companies so far off the radar the big investment houses knew nothing about them so it would give me a head start.

If you do have a list of penny stocks here’s what you should do. Research every company, their finances, and their management. Look at market trends and look at the plans that company has for the future.

Penny stocks can be rewarding and frustrating in equal measure. Do not rush into investing by picking from a list of penny stocks, just do your research. If you can’t be bothered with research then have a look below.

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Forex does not trade futures, stocks, or options. It’s a market where currency is traded. Unlike the stock exchange, FX doesn’t have a board or panel that governs its actions, nor is there any type of arbitration process if someone feels that they were cheated by another trader. Members work things out on their own through credit agreements and word of mouth. Self regulation is the key to controlling the FX market.

Forex day trading can be like a vacation for the trader who deals with other financial products in the other markets. There’s less governing bodies that you have to deal with, which in turn means there’s less regulations and binding rules.

For instance, in the FX market, there’s no such thing as an “insider trading”. If you know something that can be beneficial to yourself and the exchange rate of a currency, then you can capitalize on it that information at will.

Before you get a mental picture of forex day traders carrying loads of cash ready to exchange, sell, or trade, you should understand a few things. The forex market doesn’t really sell anything. Trades are done online and can be best described as a speculative market. The market exchanges one currency for another.

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