Not to be a dick, but you dont sound like youre ready to be day trading. Stock prices arent everything. A 10% gain is exactly that...it doesnt matter what the stock price is as long as you gain 10%. It all depends on your risk aversion and the VALUE of a stock. Stocks dont fluctuate easier just because its $1. Normally, its market volume driving some of those changes. I play mainly small cap biotechs, and normally hold a portffolio of 3-5 companies with various things in their pipelines. Get onto some of the sites and start doing some research. Look into options also. You can control a lot of shares without a large initial investment. Id disagree with Jrmii, the market right now has changed...its no longer a buy and hold (and pray) environment. If you're looking for an investment that you can buy and be hands off go buy a CD.