Archive for the ‘How to’ Category

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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7 Chrome Extensions to Level Up Trading Day Productivity

Amazing Chrome Grill on Vintage Lime Green Mustang

We can all use a little help getting through our busy trading days. Plenty of free apps are now available to do just that. Many of them are extensions to the Chrome browser favored by most traders.

In fact, so many browser extensions are available it’s hard to pick out the ones that offer the most benefit to traders. The Chrome Store has thousands of extensions in categories like productivity, accessibility, communications, and more.

Today we spotlight a few of the apps most likely to be valuable to you as a trader. I think you’ll find at least one thing here to level up your trading day productivity.

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VPNs Aren’t Just for Corporate-Based Traders Anymore

Young woman using laptop in a coffee shop

If you’ve worked for a big company any time recently, and wanted to connect to the company’s computer system from home, you probably had to make that connection via a VPN (Virtual Private Network).

If you thought the purpose of the VPN was to make the company’s network extra-secure, you’d be right. But if you thought VPNs were just for big companies, you’d be wrong.

VPNs are now offered as a paid service to anyone needing the extra level of security they provide. As a trader, this could be you. Especially if you would like to be able to trade securely while sipping your morning latte at Starbucks.

In this post, I’ll give you a high-level overview of what VPNs are all about, and why they could be important to your trading business. Plus I’ve linked to a few articles that will give you even more information in case you decide you need to get on the VPN bandwagon.

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Going Incognito on Your Trading Computer? What, When and How

Dog in fake nose and glasses

Most traders have tried incognito mode (aka private browsing) on their trading computer at some time. It sounds neat and makes you feel protected. But just how protected are you?

Like so many things on the web, there are some widely held misconceptions about private browsing. It’s a good idea to understand when incognito/private browsing can be useful for your trading business and when it’s not.

Keep reading so you’ll be able to make better decisions about when to go incognito in the future.

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7 Dropbox Alternatives for Sharing Trading-Related Files

File Sharing Helps Collaboration in Your Trading Business

For years now, many of us in the trading community have relied on Dropbox to make it easy to share files. Dropbox was one of the early pioneers in file sharing, and it’s still popular among the trading community.

Larger trading businesses routinely share lots of data files and screenshots with both internal and external users. But even if you’re just trading out of a home office, there are likely to be times when you want to, say, share your trading analysis spreadsheet with a family member.

If you’ve just been sticking with Dropbox for your file sharing, you might not be aware of some newer solutions that are as good as or better than Dropbox.

Here are some alternative file sharing solutions you may want to try for your trading business. Interestingly, some of these alternatives can be used on the fly. I.e., you don’t even need to sign up for an account.

One of these may be just perfect for your needs.

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How to Use Call Forwarding to Simplify Your Trading Day

Smiling Shopper Gets Market Update on Smart Phone

For many traders, a mobile device is an essential business tool. Traders carry their mobile phones everywhere to stay in touch with the market.

But depending on the situation, sometimes problems arise with getting trading information on your mobile trading device.

In those situations, call forwarding can be an elegant solution to the problem. You can leave your business device at home, at the office, or in your car, but still have access to the calls.

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Don’t Let Avoidable Hardware Failures Handcuff Your Trading

If you’ve been a reader of this blog for any time at all, you already understand the importance of regular back-ups. In fact, if you’ve just been using a personal computer for any time at all, you understand about back-ups. Sometimes files and data just get gone. Stuff happens. You might accidentally delete something. Your laptop might get stolen. But in my experience, the most likely cause of data loss is hardware failures. Hard drives don’t last forever. Other computer components don’t last forever. Your trading computer has many critical hardware components:  CPUs, GPUs, RAM, hard disks, fans, and more. Failure of any one of these components will bring your trading to a halt, and may result in data loss. What you may not know about is that there are multiple easy ways to regularly monitor the state of your hardware. Such hardware monitoring can prolong the life of your trading desktop and/or laptop. (more…)