best of financial blogs online trading

Roger Ehrenberg of Information Arbitrage Mar 26, 2008 Email this article to a Friend  Printer friendly page

In my post about moving I left out one important detail: myself and my entire family are shifting from PC to Apple. We've been living in transition for a few years so we held off on making a platform switch, and I wanted to integrate changing computer and music environments until we moved into our new place. And tomorrow is the day.

We're getting an iMac with a giant screen for family use in the kitchen. MacBooks for my wife and boys. A MacPRO for my office and a MacBook Air for travel. An AppleTV for the family room. An Apple Time Capsule and AirPort Extreme for storage. We've gotten a taste of Apple as my older son got a MacBook last year, and I've seen first-hand how incredibly easy it is to operate in an Apple environment. I've spent so much time analyzing Apple from a competitive perspective that it's hard to believe I haven't been a user. But now I'm converting talk into action. I am totally pumped.

I am also excited to really begin using some of the cool applications that have come out since we moved into our temporary digs, like Rhapsody and Sonus. While I know some stuff about edgy consumer technology (a lot of it learned from reading blogs, with perhaps Fredbeing my principle teacher), my home environment has been decidedly 20th century. As I get to use all this fun stuff, experiment and try new things, I'll be sure to report back on my experiences.

by Roger Ehrenberg (Information Arbitrage)

Disclaimer:

Please note that charts and commentary provided by the moderator are for educational purposes only. Any trades placed upon reliance on the moderator’s charts or information is taken at your own risk for your own account. Past performance is no guarantee of future results. While there is great potential for reward trading stocks, futures and options, there is also substantial risk of loss and you must decide your own suitability to trade. Future trading results can never be guaranteed. This is not an offer to buy or sell stock, futures, options or commodity interests.

Most trading systems are based on historical formulas which have worked in the past. However, what has happened before may or may not happen again. You can lose all your money trading stocks, futures, and options and you must decide your own suitability as to whether or not to trade. Only trade with true risk capital you can afford to lose. Only trade markets you can properly afford to trade. Properly funded trading accounts typically perform better than those that are not. Never risk more than 2-3% of your account on any one trade. Always define your risk before entering a trade and place a stop to limit your risk.

There are no guarantees or certainties in trading. Trading involves hard work, risk, discipline and the ability to follow rules and trade through any tough periods during a system’s draw downs. If you are looking for a guarantee, trading is probably not for you. Most people lose money trading. One of the reasons is that they lack discipline and are unable to be consistent. A system can help you become consistent. Ironically, worrying about the monetary aspect of trading can contribute to and cause a trader to make trading errors. Therefore, it is important to only trade with true risk capital.