The Future of Online Trading…

Posted by Howard
on October 30th, 2008

There are going to be some fantastic businesses built on the backs of this bust. Especially in the online brokerage and banking business.

Yesterday I spent some time in Chicago with Jon Najarian of OptionMonster fame. Jon is a great leader. He has been in the trading trenches forever. He wakes up at 4 to work on his trading business and his brand. It’s leading by example. Yesterday, I got a tour of TradeMonster.com . It is beautiful. It is very web 3.0. The trading platform and site is written in Flex. It is built by people who have traded forever.

I use Interactive Brokers. I have no complaints (other than their cumbersome security). I also hear good things about Thinkorswim.com and many of my friends use it. I have never felt the urge to try anything else.

I am opening an account at Trademonster.com as we speak for Lindzon Capital, my hedge fund. Skip Shean who runs sales and marketing gave me the tour has made this community a pretty good offer.

Open an account now and get $5 trades until the end of January. Use the sign up code ‘Howard’ to get the special offer. It is a fantastic offer for those looking to switch or open their first online account. You will get the basics too the most complicated option strategies from what I saw.

Disclosure – Just a fan, not a business relationship.

The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.