Tripling your investments in the stock market is easy when you have the right information. Cheaper stocks are known for going on huge appreciations in the short term because it takes little trading influence to affect their prices. This article is going to tackle a method in which professional traders as well as casual traders are using to unearth promising cheap stocks.

Professional traders have long relied on stock behavioral analysis technology to guide their trading. These programs build huge databases of breakout stock trends from the past and to identify the factors which led to those breakout performances. The program then applies this information to current real-time stock behavior to attempt to identify even the smallest overlaps and similarities in behavior as this tells you everything of what to expect from the current stock.

As mentioned, some of these programs only target and go after promising cheap stocks which is a major asset considering it's a completely different analytical process anticipating the behavior of a cheap stock versus a greater priced stock.

A recent example of one of these promising cheap stocks which I received from a penny stock specific program was valued at 12 cents. I picked up 1000 shares of that stock, spending $120. I didn't have a chance to check in on that stock's performance over the course of that first day until the market closed with that stock having climbed steadily throughout the day to 26 cents a share.

When the market opened the next day, I checked in on that promising cheap stock's performance on the hour as it climbed steadily, noting that it jumped 6 cents in the first hour which is explained by outside investors taking notice of its breakout performance.