How should I trade stocks?
I am a cautious investor, looking to invest a small amount of cash into penny stocks. I am new to this so I am only going to use $50 dollars to start with. I want to trade with a fee that isn’t going to be too big that it will take away from my earnings. Thanks.
You will need more than $50 to open an account with any reputable brokerage firm here in the United States.
Penny stocks are not considered investment quality securities but rather trading vehicles and should not be purchased by amateurs.
Penny Stock Investing – Penny Stock Trading Explained (Pt.1)