1. Never risk more than you can afford and are willing to lose. Be sure the money you are using to invest isn't going ot be used to pay your rent, mortage or put food on the table.
2. Don't fall in love or marry a penny stock. Just because someone says the stock will go to .50 or $1, doesn't mean that it will. Do not hold stocks too long.
3. Small profits add up big in the long term. If the stock goes up like expected, sell a small portion or be satisfied with a smaller percentage of profit to at least get back your starting investment. Over time small percentage profits add up!
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