Why would you want to cycle the engine without the spark plug in it? That's bad for the CDI among other things. It's also still going to want to draw the fuel/oil mix from the carburetor. Even if you close the petcock, the internals will run dry and generate vacuum and eventually screw something up and you'll prolly be buying another engine because you can't start that one. If you want to move the bike around, pull the clutch lever like the rest of us. The engine should only be cycled when you're trying to run it. If you want to ride the bike without engine running, pull clutch lever and pray the grease on the bucking ball holds up.
To start the bike, make sure petcock is open, set the choke lever from 3/4 to full choke, pull clutch lever and pedal to around 5-10MPH. Release the clutch, pedal hard and give it some throttle at various positions. If it kicks off, pull clutch lever and come to a stop - giving it throttle if necessary to keep it running. Let it run for about 30 seconds, turn off choke, pedal hard and release the clutch lever. Ride around 10-15mins with varying throttle positions so that the engine is fully warmed up. Come to a stop with clutch lever pulled and adjust idle screw until it idles without throttle. Let it cool down for 20 mins or so and ride it again. I do this a few times with 2-strokes when new to heat-cycle them. Always check fuel level before a ride, and it's good practice to check to see if anything on the bike has become loose.
When the engine is cold, it will need some choke. When the engine is warmed up, it shouldn't need choke anymore to start. Avoid engine braking for deceleration, these engines oil themselves under a load. If your engine ever refuses to start, you likely have a fuel delivery problem, dodgy kill switch, blown CDI, bad plug, bad wire or maybe bad luck. Often it's bad treatment that kills these simple little engines. Pedaling around without a spark plug is bad treatment.