question from a beginner, page-9

The advantage of the penny stocks is that you can purchase sufficient at modest cost to be able to get a result, it is a cost efficiency thing.
But you need to be able to trade instantly IE be sitting at the screen with a system that gives on line access in real time , if you have a job -- forget it, the trade will have happened before you get home

The example that you showed is a poor stock to buy for the purpose of trading because it is being heavily manipulated and is not a natural oscillation
There are lots of others that have high degree of regular up and own movement that you won't get lost in the queue

As an entry level system for trading you can achieve a good result with a system of not being greedy and have tight stops, when I did this I worked on 7% to 10% profit sell - 5% loss sell, with about 5 trades per day

If you trade in quality stocks you need a lot of money

IE - trade penny stocks 5 times a day or quality stocks once a the day, trading 5 times a day on cheap stocks gives a greater margin for error

There is a heavy qualification --- 10 baggers are the same as winning tattslotto ever day so trading penny stocks is betting on small returns not big returns, you therefore need to keep your trading costs low

Remember there is no such thing as a "sure thing blue ribbon stock", look at some the top stocks of 10 years ago and half of them are gone.

Also as with any investing you still have to do your research and don't use a pin to choose, after having done all the work if the Bot traders get to your stock you have had it anyway regardless of the quality