How to Make Money in the Stock Market

When I was 17 years old, I was always looking for a quick way to make a fast dollar. I invested my hard earned cash into a risky penny stock. I got this so-called hot tip off the Internet. I then called up my broker and executed the trade. I was now the proud owner of 1,000 shares of a technology stock named Computer Concepts. The stock was 70 cents per share and they had negative earnings, but I didn't care because this stock was red hot. I was excited the next day because the stock rose 10%. This wasn't enough profit for me, so I waited another day. The next day the stock rose 70% and I thought I better sell while I still had a good profit. I sold the stock that day and made an 80% profit on my initial 700 dollar investment. …