Author Archive

How to Protect Your Trading Business from Online Scammers

young female trader at laptop with credit card

The online world provides great financial opportunities for traders. But it’s also a world full of scams and fraud. And new scams are being released daily.

Scammers and fraudsters are plotting to get your personal information, infect your trading computer with viruses or malware, hold your data for ransom, and inflict other harm. Be sure you know how to protect yourself and your trading business from attack.

Here are some tips to help you avoid scams and frauds while navigating the sometimes-dangerous waters of the Internet.

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3 Ways to Make All-Day Trading Easier on Your Eyes

Do your eyes get tired after a long day of staring at your 4 to 8 computer screens?

Does all the visual busyness make it harder for you to focus on what’s happening in the market?

Day trading is a very visually intensive business. So any changes you adopt to make trading easier on your eyes will translate to an easier day, and maybe even a more profitable day.

Here are 3 things you can do to give your eyes a break and help you focus:

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Can an Older Trading Computer Benefit from an M.2 Drive?

Years ago, I used to discourage traders from trading on a laptop on a daily basis. They were acceptable while on the road, but just not powerful enough for everyday trading. That’s no longer the case.

Nowadays many traders are using laptops as their main trading computer. But laptops have a more compact design than desktop machines, so the components have to be smaller.

M.2 (m-dot-2) solid-state drives (SSDs) have become an essential ingredient for designing these thin laptops. M.2 SSDs have two primary benefits. Not only are they smaller in size, they offer better performance (speed) than traditional hard drives or even older SSDs.

For traders, the speed advantage of M.2 SSDs impacts key tasks such as file transfers and data compression/decompression.

These and other benefits have made them a must-have for trading desktops as well.

So does this mean it’s a good idea to upgrade your older trading computer (whether desktop or laptop) by switching to an M.2 SSD drive? When does upgrading to an M.2 make sense?

Well, that depends.

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Complete Guide To Laptops For Trading

trading_business_travel

Portability vs. Ability Many traders turn to laptop trading computers in order to have a reliable machine that you can trade on whether you are in your home office or in a remote location. This multi-function approach raises a couple fair questions; -Is portability or ability your main priority in a laptop? -Can you have […]

5 Trading Computer Myths You Shouldn’t Fall For

Have you ever mistaken a myth for the truth? We all have. For example, everyone thinks bulls hate the color red. That’s a myth. Bulls are color blind. It’s impossible for them to hate red since they can’t see it. Another myth you may have heard is the Stock Market is only for rich people. If you believe that to be the truth, you’d surely miss out. Don’t believe all the whining about the markets being rigged. Being a trader and believing in myths don’t match. If we’re not careful we may get caught believing an idea that later turns out to be false. In this post I want to address a few common myths I hear from phone calls I get about trading computers. (more…)

Trading Computers – Should You Switch To Windows 8?

Should you wait to buy a computer for Windows 8 to come out? Day and swing traders need to keep their computers current and fast. Are all the features really necessary for a trading computer in Windows 8? You may not want to delay your computer upgrade while you wait. In this video Eddie Z talks about
  • How Windows 8 isn’t really optimized for traders.
  • Results of his tests with boot up times for hist trading computer.
  • Microsoft’s announcement about discounted upgrades for existing customers
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Is Your TV Watching You Trade? Wear Pants Just In Case.

Family watching tv

It sounds like Big Brother but it appears to be a consequence of Big Advertising and some faulty software that no one was supposed to notice. Not only are the dates and times of the shows being watched being uploaded to a central server but they also manage to pull out the names of all the media stored on your private local network too. For some reason they felt the need to know the names of your personal photos as well even if you turned off the data reporting options on the TV.

Political Donations and Equities Trading in Bitcoins Coming?

bitcoin

Bitcoin is a virtual currency that has no central bank, no oversight, and seems to be gaining acceptance worldwide. The Media is buzzing about Bitcoins and the FEC and Congress are trying to figure out how to deal with them. Investors are talking about them too as they have risen in value from a few dollars to over $700 a Bitcoin in recent weeks. However, virtual currencies such as Bitcoins, just like their real-world cash equivalents, are completely anonymous which makes the regulators nervous.

Your Trading Computer’s Internet Speed May Be Too Slow

For many of us, a high speed always on Internet connection is the key to high performance trading. With so many providers and several types of connections available sifting the wheat from the chaff is more of an art than a science. What you pay for and what you actually receive poses yet another dilemma.