There are quite a few things to remember when buying penny stocks, but I'm going to give you just 5 of them at this time. Why five? Because I don't want to over load you with too much in just one article. These five things will help you more than you know.

1.Trade Without Your Emotions - Many times people will go by their "gut" feeling when they buy shares of a company. Sure we all want to "hit it big" with that one company that will make us some great return on our investment, but just because we fell that this one company is the one, doesn't mean that it is.

2. Due Diligence - No matter what the value of a stock share is doesn't mean that we don't look at the fundamentals of the company to see if they are doing the right thing to help the company grow. Research will always be the biggest part of your investment strategy.

3. Great Stock Tips - Let me tell you this right now. There is no such thing as a great stock tip. If someone tells you that thy have one for you, you need to forget what they said and like I said in #2, do you homework.

4. Don't Buy And Hold - After you buy stock in a company doesn't mean that you just sit on it and your portfolio will grow. In the long run it will, but in the process you will lose valuable ground. Stocks go up and down on a daily and weekly basis. Stocks are effected by the markets and at times they will take a hit even if the company is doing the right thing.

5. Exit Strategy - Whenever you get into a stock you need to know what you're going to do to get out of it before you buy. How much are you willing to lose in the stock is just one of the things to think about. How far will you take the ride up before you get out of the stock is another.