While the theories enabling the stock market to function have significantly evolved over the past century, there are a few fundamental principles that have continued to survive. In theory, investors who are willing to assume a greater degree of risk ought to—on balance—be compensated with significantly greater returns on their investment. Though there are certainly many exceptions to this general rule, there is nowhere that it can be more plainly seen than the penny stock market. A “penny stock” is a somewhat informal term for a stock that is trading for less than $5 and is currently not listed on any major stock exchanges. Penny stocks undoubtedly present a very high degree of risk, which is why they are typically avoided by most major hedge fund managers. But if you are a risk-tolerant trader willing to open and close your positions on a daily basis, then the penny stock market may be exactly what you’re looking for. There is nothing that can possibly guarantee strong returns ...