There are two issues that stock investors face in their quest to find and invest in stocks that will turn a profit.
For many would be investors the greatest fear about investing is the unknown. It can take the best professional fund managers years to learn and develop their own stock picking strategies. Setting out as a newbie can be scary and it requires you to have a lot of faith in the stocks you pick. Learning which indicators to ignore and which to look for in a stock is not easy.
The sheer number of stocks out there and the volume of data available about companies and their stocks has increase enormously in recent years. The advent of the Internet has increased the availability of fee information significantly. This has had the affect of meaning that stock picking by hand has become much more time consuming, simply because there is so much more analysis that can be done on so many more companies.
How to solve these two problems
There are now automated stock picking software available for reasonable prices that will help solve the above two problems for you. Such software has long been used by large investment banks and professional traders and has only recently become economical for the individual.
Stock picking software is basically a computer program that has been written to perform a strategy. All stock picking strategies are just a long list of checks and indicator that need to be met in order for you to buy the stock. The advantage of software doing this are that they are already programmed so even investors with very little investment experience can pick winning stocks and that they save those investors huge amounts of time.