the most important thing to know pump and dump is information. You just need information soon, you can get more profit. but how to catch the information soon is really a difficult lesson which i dont know. I just try to read news everyday and give the prediction.
That's right, you need to be updated with the correct information as the price can easily pump and dump, when your updated, you can easily make money in the pump and dump trend because normally the price will pump so much when there is a good news which will help you maximize your profit and when there is a dump, it will dump hard which will also give you a good chance to buy at a very cheap price, what is important is just the right timing.