Archive for the ‘How to’ Category

5 Windows 10 Privacy Settings Traders Must Not Overlook

Close-up of red door with PRIVATE sign above mail slot

As I mentioned in a recent post, now is a good time to upgrade to Windows 10 if you haven’t already. Whether you’re upgrading to Windows 10, getting a new trading computer soon, or just never bothered much with your settings, it’s important to understand how to protect your privacy on Windows 10. The main thing is, you don’t want to leave the default settings in place.

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What Are the Best Speakers for Your Trading Computer?

Young man sitting at computer with speaker visible on desk

If you’re like me, you sometimes like to listen to music while you’re watching the market on your trading computer. In this post, we’ll look at some of the better speaker options that make sense for traders.

Most traders use over-the-head headsets for video and/or voice calls (via apps like zoom or skype). And often they end up using them for watching videos or listening to music while they work.

But over-the-head headsets are bulky and can feel uncomfortable for all-day listening. A good speaker for your trading computer can give you reprieve from wearing a headset all the time.

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Windows 7: Why It’s Time for Hold-out Traders to Say Goodbye

Believe it or not, it has already been 4 years since Windows 10 came out (in 2015). Understandably, many traders decided to stick with tried-and-true Windows 7 for their trading computer. However, if you are one of them, now might be the time to move on.

I realize updating the operating system on your trading computer is always a difficult decision. Especially if you are happy with the current state of your machine.

A lot of traders like Windows 7 because it’s a stable operating system. They don’t want to risk the move to a new territory and potentially new problems.

Additionally, Windows 10 isn’t cheap. So, Windows 7 traders are following the motto: If it ain’t broke, don’t fix it. (Although you might still be able to get it for free.)

However, if you’re still on Windows 7, it’s time to revisit that strategy. Here’s why:

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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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What Every Trader Should Learn from the Capital One Hack

On July 19, 2019, Capital One announced that unauthorized access of its systems had exposed personal information about both account applicants and card holders. If your data was among the stolen files, it’s not hard to imagine losing your trading business to identity theft.

Today we’ll look at what we know about the hack: how it happened and what was stolen. Then we’ll review how you can get prepared for the next time. (And there will be a next time.)

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7 Windows 10 Apps for Traders You Didn’t Think to Look For

Man Wearing Eyeglasses Facing Computer

These days, there is an app for practically anything you want to do. Maybe even multiple apps. Problem is, sometimes we get so used to doing something a certain way we don’t think to look around for a better way. This can be especially true for traders who tend to focus exclusively on the markets all day long.

In this post, I want to show you a few apps with the potential to improve your productivity as a trader. Maybe they’ll make a big difference to your workflow; maybe not. But it’s good to pick your head up and look around every so often, just to see what’s out there.

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Voice-Activated Trading: Are the Rewards Worth the Risk?

Although I spend a lot of time talking about cutting-edge computer technology, I haven’t discussed voice technology that much, except for a couple of articles about getting help with general tasks.While Cortana or Google Assistant installed on your laptop trading computer can help find a restaurant in a new town, they haven’t been of much […]

What Traders Need to Know About the Spring 2019 Windows Update

Number 10 formed from bicycle chain links

Although it’s not a trader’s favorite thing to do, every so often you’re going to have to take an update to Windows 10. Microsoft is always updating its software products to add new features, improve current capabilities, and prevent security breaches.

The security updates, particularly, are super-important for traders. And the major updates are fairly unavoidable because of the way Microsoft has things set up.

For Windows 10, Microsoft generally releases two updates a year. As of this writing, the last major update for Windows 10 (version 1903) was in May 2019.

In this post, I’ll take a look at the current update process, along with the features of the 1903 version most likely to be interesting to traders.

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How to Recover Windows Admin Password on a Trading Computer

Couple embrace; woman is holding keys.

Keeping your trading computer secure is a frequent topic of mine, and for good reason. For traders, having your trading desktop or laptop hacked isn’t just inconvenient. It can cause a major financial loss.

One security best practice that’s not often mentioned has to do with the account you use on your trading computer. If you’re the only one on that computer, it’s easy to forget that multiple accounts are even an option.

It’s easy to fall into to the mindset of one user/one account. It’s just quicker to get ready for trading each morning if you don’t have to specify which user account you want.

However, it’s a bad idea to use an administrator account for daily tasks on your trading computer.

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7 Firefox Add-ons for Trading Research & Improved Security

Sleeping Red Fox

In a previous post, I highlighted 7 Chrome extensions that can make your trading day easier and more productive. But plenty of traders aren’t using the Chrome browser. So this time, we’ll look at a similar list of productivity enhancers (add-ons) for the Mozilla Firefox browser.

Firefox is a great browser for your day-to-day online trading. Choosing between Chrome and Firefox is often a matter of which one feels better to you. But it can also become a matter of which add-ons are available to make your work easier.

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