I was always interested to find the believable stories of those investors who were novices, but knew how to choose the right stocks to help their portfolios increase. And I detested those who said that they had made huge profits by buying those stocks that hiked up by twenty or thirty percent instantly. I was having a tough time trying to find ways to multiply my profits until I stumbled upon the truth, that the people who achieved success were not resorting to any hi-tech research work nor were they using their own discretion and intelligence.

It was also not the work of the newspapers that were providing them with resourceful information. It was all due to the hard work of the software applications they were using. My investment story also took another turn when I started using this software. Now, I wish to share this secret of mine with anybody who is trying to make a good profit with penny stocks. I will reveal some facts which will help to add to your wealth as well.

I was draining myself by scouring the internet for hours, going through the financial press trying to find some information on the good stocks. I used to analyze the profits made by the companies and their balance sheets and also kept a close watch on the price trends that were fluctuating and felt I had learnt a lot even though my results were not so encouraging. Sometimes I would invest in a bad stock and never got my portfolio growing again. However, I did make some profitable deals investing in good stocks.

The problem in my execution was that I was not aware of the best time to sell my stocks; I would often get a good profit and wait till the values really dipped. Similarly I did not know when to buy a good stock which would give me my money’s worth. This happened regularly and I would end up calculating how much profit I could have made if I had bought the stock at its best price. One of my friend’s who is employed by an investment bank introduced me to the software.

He told me that the banks have been using the software to help them trade easily and he even showed me how the software could determine the profit and the loss on my trading after which my trading has seen a considerable jump. With the automated stock picking service I get my weekly newsletters. Then I do some research work on the companies and invest accordingly that gives me the right time to either buy or sell the stock.

With the help of this service I need to devote just 2 hours every week and am able to earn reasonable money each month, much more than I was earning while spending almost fifteen hours trying to do the research work myself.

The Author’s website Buy Penny Stocks Online features articles, tips and advice to help you understand penny stocks. We also look at What Are Penny Stocks? - and How To Buy Penny Stocks.