If you don't have a lot of money to get started with, you can 't let that stop you. I've always said that all you need to get started with penny stocks. By trading the cheapest stocks on the market you can invest small amounts of money and see huge returns. But how hard is to make a living day trading penny. But trading penny stocks is also a good way to lose money. Sure, it's One allure of penny stocks is you can make 20% or 30% in a few days. If you make that. How are you going to unload it? I've learned to read the filings, the news, research the companies, the ceos, contact their TA and see eurocity casino 888 latest share structure, I've learned to watch Level 2 and watch for MMs I don't like, I've learned to beware of heavily dented companies and crap hyped fluff news. You'd better buy it now to lock in your profit! Once in a while, a company will go through a horrible bankruptcy and end up restructuring or getting bought out at a great discount. What is a Stockbroker What Does a Trump Administration Mean for the Stock Market?