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Trader Beware: Still More Bitcoin Scams to Avoid

When you’re online hours a day, especially when you’re dealing with financial trades every day, it’s super important to stay vigilant about scams. A key part of being vigilant is staying up-to-date on the latest cons. Right now, a lot of those new cons have developed around the cryptocurrency market.

In a previous article, we discussed how to guard against fake exchanges, wallets, and Initial Coin Offerings (ICOs). In this article, we dive deeper into other techniques of cryptocurrency scammers.

Phishing

When you’re trading in bitcoin or cryptocurrencies, sooner or later you’re going to come across phishing scams. In most cases, you’ll receive an email that will look like it is from your cryptocurrency exchange or wallet provider.

The phishing email will ask for information to verify your identity. After you supply your account information, the scammers have what they need to go into your actual exchange or wallet to steal funds. (more…)

Trader Beware: Can You Spot These Common Bitcoin Scams?

In a previous article, we talked about avoiding tech support scams. If you own a computer, you’re liable to be a target of those scammers. But that’s just the tip of the proverbial online scam iceberg. Today, we’ll look at a new type of scam, targeting traders looking to cash in on the new bitcoin […]

Traders: Don’t Become a Victim of a Tech Support Scam

Most of my customers are great at trading, but not so great at knowing what to do when their trading computer has a hardware or software problem. Unfortunately, there are lots of scammers out there looking for just this type of person. They know how much you, as a trader, depend on your computer. And […]

Are You Still Falling for These 5 Trading Computer Myths?

Have you ever mistaken a myth for the truth? We all have.

For example, everyone thinks lightning never strikes the same place twice. That’s a myth. And a dangerous one at that.

You’ll never hear the Weather Channel announcer telling you to go stand where lightning has already struck because you’ll be safe there.

A myth many traders seem to live by is that a stock trading near a 52-week low is a good buy. As I like to tell my trading students, “You can’t catch a falling knife.”

Being a successful trader and believing in myths don’t go together. And 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 about trading computers I hear all the time from traders calling our office. (more…)

What Can Bluetooth Do for Your Trading Business?

Bluetooth is an often-overlooked resource for improving efficiency in any trading business. For example, traders can connect Bluetooth devices like headsets and cameras to their trading computers. This can transform a computer into a communications powerhouse. If you have been curious about Bluetooth, the discussion below supplies the basics of the underlying technology. It will […]

Is Your Equipment Costing You Money When Trading Over Wi-Fi?

Trading is all about the bottom line. And getting the best possible equipment for your trading setup has a direct affect on your bottom line. In my last post, I talked about the different Wi-Fi standards, including expected speed, frequency, and signal distance. We saw that Wi-Fi 4 (802.11n) operates at considerably slower speeds than […]

Is Your Trading Computer Getting Top-Notch Wi-Fi Speeds?

Have you ever been at a friend’s house and noticed how much faster their Wi-Fi connection is than yours? If you find this happening, first make sure you are comparing apples to apples. I.e., are you using the same Internet Service Provider (ISP) and paying for the same speed tier? Next, if you discover you […]

Keep Your Trading Business Safe with UPS Battery Backup

Imagine you’re working in your office, and you are about to make the trade of your life. Suddenly, the power goes off and your computer shuts down. It’s a nightmare situation. Fortunately, this situation can be avoided by installing an Uninterruptible Power Supply (UPS). However, many traders neglect to set up this basic safeguard. What […]

What’s the Best Monitor for a Trading Computer?

Like most traders, you probably spend your days and nights staring at computer monitors. It makes sense to find out if you are using the right kind of display and what the differences are. LED-backlit displays are what we recommend. In today’s post, we’ll review the difference between technologies and explain why we recommend LED-backlit […]

Video Ports on Your Trading Computer: What’s the Difference?

If you’re like me, you probably use HDMI to connect your trading computer to your monitors. Nowadays HDMI is the most popular video connection. However, you might be curious about all those other connections on the back of your computer. In today’s post, I present a simple compilation of information on the common video ports […]