Thorough research is crucial before investing.
Potential for high gains but also high risk.
Penny Stocks are low-priced shares of listed companies.
Research penny stocks
(financial statements, news).
Open a brokerage account
(compare fees & features).
Technical analysis (short-term): trading patterns, volume.
Fundamental analysis (long-term): profitability, debt.
Have a clear exit strategy (profit targets or cut losses).
Set stop-loss orders to limit the downside.
Diversify your portfolio (don't put all eggs in one basket).
Understand the risks associated with penny stocks and invest conservatively.
Develop a trading plan and stick to it.
Exercise patience and avoid overtrading.