New to investing, have some doubts to clarify. For eg, use 10k to buy Stock X at $1 each and sell at $1.10. The profit would be 1k (before deduction of fees)? Is it this simple, any points missed?

Risks Involved. can rise and of course can drop

That strategy is called grid trading.

Yes, it is this simple. However, you need to consider price moves in both direction.

I keep it really simple:

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(Good for people with full time work/business)

if you're a beginner or have no time to learn about trading/investing = choose a investment vehicle and apply DCA strategy

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(Good for people who wants to make trading their full time)

if you have alot of time to learn and willing to take the risk and have cash to lose = You can scalp/day/swing trade and learn how to make money 2-3% consistently