Good point... make sure you're trading at a firm where they automatically liquidate your open positions when they decline a certain amount of money, just in case you become incapacitated. Both of the firms I trade with will automatically liquidate my open positions if any of them hit a hard money management stop that I specify.
i do. i'm also using cascaded NAT to separate fun and trading networks http://www.grc.com/nat/nat.htm but on other hand computers are cost close to nothing today...for like $100 you can build system 2-3 times faster than your present P4,and it will consume much less energy,create less heat and will work much faster
I agree with this. Have one computer dedicate to trading alone and the other one as your junk computer. You never know the day you'll be hit by something.
Trading desktop - *Trading apps *eSignal *Internet: 3-4 trusted websites only (e.g bloomberg, wsj) *Turbo Tax and financial statements Personal laptop - *Email *Chat *Web surfing *Photos and documents The above is probably overkill, but if the laptop gets hit, I don't care. If something happens to the desktop (unlikely), I can reinstall Windows and the two or three apps I use in an hour or so.
I don't think it's overkill. It's a small cost to avoid a potential serious pain in the arse. There's also the comfort in not having to be overly paranoid about every little process running on the computer.