Penny stocks are a different world. Don't bother unless you want to specialize in them.
Find a particular area to focus on, stocks, options, futures, forex, etc. Then spend time developing a plan that is, for starts, 25% risk management, 25% trade management, 25% setup signal management, 25% psychology.
Most people focus on a few things (e.g. trade setups), and forgo the rest. Truth is you need to be competent in a lot of different areas, versus only a few or one.
Think of it this way, if you are building a starter car, you still need cheap brakes, steering wheel, windshield, wheels, engine etc. Just because it is a starter car and is not super slick or fancy, does NOT mean you can skip basic parts.
Lastly become super competent in running your software. Know its limitations and quirks.
