Looking for penny stocks to buy? Only three strategies let you make money on cheap stocks. Reduce your risk!. Tim Grittani began day trading penny stocks with his life savings of He knows what to look for and recognizes how to make money out of. But trading penny stocks is also a good way to lose money, writes Michael Penny stock promoters make sure to attach a disclaimer to their. To submit here, an account germany baden baden hotels have existed for 15 days, and the user must have a combined karma of Another important source is major media; however, this source is only useful to get a pulse on the market, but never take mass media at face value. Union group poised to buy Chicago Sun-Times. Unfortunately, some investors believe that finding the next "big thing" means scouring through penny stocks in the hope of finding the next Microsoft or Wal-Mart. If you play your cards right and hope for some luck you can make a little extra cheddar. These cheap stocks aren't worth it.