Replies to post #63405 on Rim Semiconductor Company (fka RSMI)

[jarsch501]

Depends on what type of strategy you're doing with options. Options are kind of like a penny stock, but you'll know quite a bit quicker if the speculative investment is going to work out. There are a lot of option strategies you can use that will limit your losses and also limit your gains. I don't trade options and I don't recommend them to 95%+ people.

Twaves does daytrading, swing trades(1-15 days usually), has some value/growth plays, and also does futures trades(S&P500 E-mini). It is definitely worth checking out if you're a proactive investor.

[ElderWolf]

I agree. I mostly use his Value Plays which are strictly stocks. He averages over 100% per year.

When I trade options...I'll do a bull put or bear call spread. That's on the sell side where time decay works IN your favor.

[WHP03]

ML is a very bad broker IMO... anyone not see that their CEO was just fired.. ML lost me several million dollars over the course of my investing life... I wouldn't touch them or anything that has to do with them with a 10' pole.