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Most online traders or investors are expected to have
a broadband Internet connection (either cable or DSL)
by 2003. With the increase in the speed of these Internet
connections, traders are demanding faster and better computers
and, in many cases, multiple access points in their homes
and businesses. For these traders, even one split second
can mean the difference between a profit or loss on any
given trade. Most online traders are now moving up to
the Pentium 4 computers and are running Windows 2000 or
XP. They are also upgrading to the new flat-panel digital
monitors, which can significantly reduce eyestrain.
The costs of a Pentium 4 trading computer with four flat-panel
monitors can run close to $6,000. Due to these costs,
a trader should protect his/her investment from damaging
power surges or outages. This can be done with a battery
backup system with high-speed Internet connection protection.
The
best product I found that can do the job is the APC Back-UPS®
VS. It offers high-speed Internet connection protection
for the trader's cable modem, DSL, Ethernet, Single Line
Phone/Fax Modem and DSS systems. It also offers plenty
of outlets to protect trading hardware. It has 3 outlets
with battery backup and surge protection and 3 outlets
with only surge protection. If a power outage should occur,
it keeps the computer and at least two monitors running
for approximately 15 minutes, so the trader can get out
of any of his/her trades and shut down the computer. If
the trader is gone, PowerChute® software developed
by APC can allow the computer to have an automatic safe
system shutdown. If a power surge should occur from lightning,
it also protects the computer's components from being
destroyed.
One of the most appealing reasons I can find for using
a battery backup system is the protection it gives the
trader as he/she trades during the day. Losing power and
having the computer shut down in the middle of a trade
can cost thousands of dollars in losses. The cost of one
of these units is only approximately $100, which is cheap
hardware insurance and a must for any serious trader.
For
more information, go to www.tradersworld.com.
Larry Jacobs' articles also appear in Traders World
magazine, and he can be contacted via email at publisher@tradersworld.com.
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