<prompt> Human: Background: Im a 20 year old college student in BC, Canada, I have no debt and have 5000 left in my tuition savings. I have a couple hundred of gasfoodspending money and was wondering if I should put a couple hundred bucks into penny stocks for day trading? I invested a couple thousand a few years ago through my mom and sat on that for almost a year which over doubled the money I invested. I havent tried investing on my own nor have I tried day trading or investing in penny stocks. The way I look at penny stocks if I put in a hundred bucks in some 2cent stock then it raises one cent I make an easy fifty bucks. Is this right? Sorry if the formatting is bad, this is my first time posting.  <response>: Day trading is essentially gambling. If it were easy to make fast money then analysts with better information, better algorithms, and better everything they would be doing it. 