I just wanted to let the readers of this blog know that I made my first post on BrokerSense.com, my new blog focused on online brokers. Entitled Barron’s Takes on Optionetics, I discussed this weekend’s Barron’s story on OptionsXpress’ Optionetics educational division. Barron’s thinks it’s a red flag for the stock, but I feel otherwise.
I’m designing BrokerSense as a portal to help investors and traders pick out the right broker for them. With dozens of brokers boasting hundreds or even thousands of features, it’s a pretty tough task for people to differentiate one from the next - especially beginners. I have a number of research projects underway that will streamline the process.
BrokerSense is fairly bare-bones at the moment, but I’ll be building it out bit-by-bit every day, adding blog posts, industry data, and broker comparisons. And if you’re a blogger/webmaster, I would greatly appreciate links to BrokerSense.com.
full disclosure: I am long OptionsXpress (OXPS) and I bought more this morning.
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