Sunday, January 16, 2011

New Toy/Tool

Well, I finally took the plunge into new technology for trading.  I've been struggling with the decision to buy a smartphone that would allow for easy monitoring and trading without being tied to the computer. 

The main question has been whether to go with iphone, Android or Blackberry. 

Blackberry was immediately out of the running because it seems to be more email focused with other apps taking a backseat.  Perhaps this is a false impression, but I didn't seriously consider this option.

iphone is clearly the leader and in fact, my broker (Firstrade) has a iphone specific app).  So this would have been the easy choice.

However, I elected to go with an Android.  I specifically selected the HTC G2 because I use Google Docs so prominently in my screening and tracking.  Also, Firstrade has promised to follow-up with an Android app. 

So far, I've made some changes to one of my spreadsheets to allow for easier viewing via the mobile platform.  But I'm sure this will result in many other changes to my trading approach in the coming months.

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