Research work

Before buying any penny stocks, make your research work instead of buying a penny stock posted on a message board or in a chat room. Do your own research and due diligence.
Adopt high-probability trades rules

Don’t go for long term investment. It’s rarely the case that a penny stocks can make you a lot of money if you invest with it long term. It is possible that the selling of stock can not reach your expectation. Very few of these penny stocks are actually legit companies therefore most will never go up in the long-term.