Open a brokerage account that allows trading OTC and low-priced stocks
Fund the account with the amount you want to invest
Research the company’s financials, business model, and recent news
Check the stock’s trading volume and liquidity
Review the bid-ask spread before placing an order
Use limit orders instead of market orders
Verify whether the stock trades on a major exchange or OTC market
Watch for dilution, reverse splits, and frequent share issuance
Avoid stocks with promotional hype or unsolicited tips
Set a strict budget and only risk money you can afford to lose
Diversify instead of putting all funds into one stock
Monitor your positions regularly
Be prepared to sell quickly if the trade goes against you