Cheskiz

I dont really quite agree on Penny stocks being risky as it is agree that many penny stocks do not have good fundamental and are pretty unstable. However, your profit can reap up to 50% or more if you make the right pick and play it right. Remember this, Trading is hard but risky is just the term amateur or outsiders tend to see as if you intend to earn money from trade, you will have to learn Risk management, Money management and have sets of trading rules, trading systems which will cover some rules to keep your account stable and not get kick off even after a string of loss.

I am a newbie too and have learnt alot of things from lautouzhi and few other's thread. Eg; stocks are not at all risky depending how you percieve it.