His name is George Fontanills, and he’s smiling because he increased his net worth by more than 800% in four months. Over the weekend, Barron’s covered the recent acquisition of Fontanills’s company, Optionetics, by the respected options broker optionsXpress. The article concludes with this:
After 10 years of applying his Optionetics strategies, Fontanills’ wealth wasn’t what you might expect. When opening his Fimat account in 2003, he listed his net worth as $4 million. Four months earlier, his sworn financial statement in…
Commissions are a cost of doing business, and as such shouldn’t be ignored. It’s worth the trouble to spend a few minutes checking that your commission structure matches with your trading style, and that you’re getting the best rates available.
But paying too much attention to commissions can be a double-edged sword: there’s a certain type of trader we hear from pretty regularly, the sort who obsesses about commissions, 60/40 tax treatment, exchange fees, etc., such that they seem to spend…
We’re pleased to announce that we have joined the optionsXpress Xecute autotrading program, which means that, if you’re a subscriber, you can now have our newsletter positions autotraded in your optionsXpress account.
optionsXpress is consistently ranked as one of the top options brokerages by Barron’s and others, and they’ve been around since 2000 – an eternity in the young world of retail options brokers. OXPS have some very well-developed trading tools and screeners available for customers, and although their platform is web-only, it…
Monday, September 28, 2009
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