My first trade in the penny stocking world, and i took some of the lessons i"ve learned from the Complete Pennystocking Course book, and the dvds, and countless hours of lessons i've watched, and I lost.  If it weren't for learning about the discipline and "cutting losses quickly" teachings, i'd probably be in a lot worse shape than losing about $17.  Not too stoked on the outcome, but very thankful for the lessons learned through textbook & real life teachings.