Much has been said about people getting rich overnight.  Believe it or not, there is truth to this as many people gained penny stock fortunes through investing in the right penny stocks. In fact, there are people who easily make 500-1000% in penny stock investments overnight.  But these people have already mastered the trade with a lot of experience and perhaps losses in the past. There is absolutely no rule of thumb in stock investing.  Often, success comes with a combination of essential factors such as buying the right stock at the right price and selling them high at the right timing.  Smart investors look at the patterns and the trade volume, study company profile and even invest in software to do the monitoring for day to day trading.    But for beginners, they can start learning first before eventually locking-in their resources to some of the thousands of listed penny stocks in the market.

New investors can ask for help from a penny stock broker. Discount brokers can give valuable service to greenhorn investors regarding buy and sell of shares but they do not give other advices that a full service broker normally gives to their clients. Discount brokers can be contacted online and they charge smaller fees compared to full service brokers. The advantage of getting discount brokers is of course, from the name that they carry, you get discounted fees for their services plus you are able to easily access their trading system.  Just remember to transact only with reputable brokers and from a trusted company who has served other investors and has already been around for years. Getting a full service broker is more expensive as they sometimes charge hefty commissions for their specialized skills and valuable advices. Penny stock brokers are rare nowadays especially in micro stocks which makes it another reason why their services do not come cheap.