How to Triple Your Investment Overnight With Stock Picking Software

How to Triple Your Investment Overnight With Stock Picking Software

Stock picking software is designed to find profitable opportunities such as the makings of profitable trends in the market so that you can react accordingly and take advantage of them. Many programs focus on lower risk but high profit potential stocks like penny stocks which are lower in value, enabling you to buy thousands of shares here and there and see them climb as it’s quite common for these inexpensive stocks to go on quick bursts here and there, enabling you to sift a quick profit off the top here and there if you have the right information, the information which stock picking software provides and works so well with for these reasons.

Stock picking software as a technology is growing in popularity and is generally thought to be a smarter lower risk way to trade because no emotions, human error, or guesswork are involved these picks at all. Instead every generated pick is done so based on market data and nothing else. These programs employ algorithms which look at successful trends and bursts in penny stocks from the past and more specifically at the details which led to those trends to form. They then look at real time market data to look for similarities then investigate further until they deem what they consider to be a profitable trend.

From there the stock picking software emails you so that you can trade accordingly. For example, I began using Day Trading Robot several months ago and the first pick it sent to me was a penny stock valued at 19 cents a share. I scooped up roughly a thousand of them for around $ 200. Nearly two short days later sure enough that stock had burst up to 31 cents a share, then eventually maxed out at 48 cents, nearly tripling, about at which point I got out. I only wished that I had put more in, but that being my first generated pick, I still had my doubts. Since then I have had some of the picks it’s generated for me triple and then some in value.

I’d like to point out that not EVERY stock which this stock picking software has generated for me has turned out to be as lucrative and it does vary. But roughly 9 out of 10 picks at this point have all made me money, so I cannot complain. Plus one of the best things to remember during this whole process is that all of the leg work is already done for you, you don’t have to do a thing but place the recommended trades online using a basic online trading account, then watch them explode in most cases.

If you’re not convinced or are still understandably skeptical about the ability of the best stock picking software to deliver you the key to your financial independence and dominate and unravel the secrets of the stock/day trading market, you can give it a complete risk free try by clicking the link in this paragraph.

Construction Software With Real Time Payroll Data – A Worthy Investment

Construction Software With Real Time Payroll Data – A Worthy Investment

Having the right tools for a job is almost as important as having the skills necessary to complete the task.  Yet, many construction companies fail to see the need for a construction accounting software package that captures payroll data in real time.  No doubt they have the skills to complete the job, but this tool can help to make that job more profitable. 

Payroll is an inherent piece of any construction project budget and final cost.  It reflects the manpower labor costs necessary to complete the job.  As such, it is key to have this data at your fingertips at all times and it needs to be as accurate as possible.  The most accurate way to collect this data is in real time.  Having real time data allows decision makers to make sure the project is properly directed and helps them make better decisions before and after deviations are made from the plan.

Estimating up to date figures is inaccurate and takes time, which costs money.  The amount of time it takes is often increased due to the pay structure of many construction companies – often workers with more diverse skill sets receive higher wages.  Calculating the potential costs for 12 workers for varying time periods that have different wages can get confusing and will most certainly take time away from activities that a manager could be doing that add value to the project. 

Real time data leaves no need to estimate or get confused about the financial impacts of using a different labor force.  Even data that is only a day or two old can lead to ineffective monitoring of the project’s bottom line, which can result in decisions being made a day or two later than they should have been.  The impact of these 2-day-late decisions on the bottom line can be pretty big if you consider multiple decisions like this made over the life of a project that lasts for several months. 

These factors have led construction software manufacturers to begin including as much real time data as possible, for good reason.  Today’s market moves faster than ever and new risks arise every day, requiring decisions to be made in the middle of the project that were not expected.  Would you rather make those decisions with the most accurate data you can possibly have or with old data and some estimates?

Beware, however, that too much real time data can be overwhelming at first.  If you’re used to working with the old system of old data and projections, a wealth of real time data can be intimidating.  However, after an initial getting used to period, you’ll soon realize that real time data leads is simply the best tool you can have when it comes time to make those on-the-fly decisions. 

In a perfect world, every construction project would be executed exactly according to plans and would finish exactly on budget.  However, unexpected changes, weather, supply chain issues, and other common hiccups lead to projects that rarely (if ever) follow the initial plan. 

For example, perhaps a big milestone is approaching for a particular project and the supervisor realizes that he does not have the personnel on hand that was planned to complete the task.  As a result, the supervisor has a different group complete the task.  Thus, the actual cost of that piece of the project will either be over or under the budgeted amount.  With real time payroll data, decision makers will be able to see those different costs reflected in actual costs as they happen.  With this data, they can make the best possible decision for how to make up for the overages and finish on budget or how to continue to operate under budget. 

Construction software with real time payroll data gives companies an additional bit of flexibility when executing a project.  Since deviation from the original plan is more of “the rule” versus the “exception,” being able to move forward with the project with the most accurate data possible is a benefit that is most certainly worth having.

David Kraft is a freelance author that specializ

 

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