Stock screening software is used on a daily basis by traders of all experience levels to realize regular and reliable profits in today's current stock market.
Not every stock screening software is as good as the next, so just keep these things in mind to get the best of the best.
First, you can whittle your search down to stock screening software which guarantee your money back in full if you are anything less than satisfied.
This weeds out the scammy and worthless programs which aren't worth your time.
In my mind, the publisher should stand behind the stock picks which their program recommends to you enough to make this guarantee, so don't settle for anything less.
Secondly, you can keep that money back guarantee in mind and receive a handful of stock picks risk-free.
The obvious point of doing this is that you can gauge their subsequent performances in the market without having to risk a dime, getting a feel for the format at the same time.
The best publishers have always encouraged that I firsthand test their stock screening software in this way, and it really only takes a couple of minutes of time to give yourself peace of mind that this program is right for you.
Finally, make sure the stock screening software exclusively targets penny stocks or greater priced stocks.
Because it takes very little influence by comparison to affect the price of a cheaper stop versus a greater priced one which is more established, it's a completely different analytical process anticipating the subsequent behavior of one versus the other.
As such, I have always had the best experience with programs which target one or the other exclusively rather than trying to mix the two and pick up on every soon to be well performing high probability stock across the board regardless of its value.