My first EVER penny stock trade was a flop! It's ok as I have several reasons why it was a loss, but should have been a $320 profit!! 1) I didn't put in a sell limit order even though my target was 1.96. 2) I didn't know you could sell out of market hours if you have a limit order in place. 3) Using a rubbish broker as I can't use Etrade since I'm in the UK. 4) Trading on my mobile with terrible signal! Overall I've learnt several VALUABLE lessons and very happy with what I've learnt.