Day Trading Penny Stock

day trading
(Day traders) hold stocks for minutes to hours making numerous trades each day usually with a cursory understanding of the companies they trade.  These investors rely on timing and minimize risk by buying and then immediately selling.
(Day traders) come to market each day flat (no position) and leave the day flat. Their behavior is very short-term and often emotional.
The buying and selling of securities on the same day, often online, on the basis of small, short-term price fluctuations
Day trading refers to the practice of buying and selling financial instruments within the same trading day such that all positions are usually closed before the market close for the trading day. Traders that participate in day trading are called active traders or day traders.

penny stock
(Penny Stocks) Stocks that sell for $5 per share or less and are generally considered risky.
A common stock valued at less than one dollar, and therefore highly speculative
a stock selling for less that $1/share
In the United States of America, a penny stock, also known as a micro cap equity, refers to a share in a company which trades for less than $5.00.