I would learn the basics about trading options first and then start trading with a paper account. This will pay off in the long run for you. I traded about 2 months on paper before jumping in with the real $$$.
My opinion is to stay away from the smaller penny stocks. I play the penny stocks in the range of $1.00 - $5.00 area. I stay away from the OTC. Only trade the AMEX, NY & NASDQ
OL, we try to keep this board free and clear of the pink/pennies ......most of us are recovering pink / otc players........while i will still play one every now and then, i dont make a living doing it anymore!