This happened when I typed fast to input code in text editors of my Windows 8.1 ultrabook. How to fix this glitch?
Odd - I've never seen that issue. What model is your Ultrabook?
I found that a freeware "TouchFreeze" can fix this problem. It has been suggested by lots of people in Microsoft communities as well.
TouchFreeze is a free software which automatically disables the touchpad of your laptop as soon as you start typing. Since the touchpad is disabled, the cursor will not jump automatically while typing.
You just need to install the software and it'll sit in system tray. Its very simple to use and doesn't need any configuration. If you want to close it, you can right-click on its icon in system tray and select exit option.
If you are using a laptop and facing similar problem, you can give this freeware a try using following link:
Download TouchFreeze for Windows
Windows 8 and later operating systems come with a built-in option to prevent accidentally moving cursor while typing. You can find this option in PC Settings (Metro Control Panel).
1. Open Charms Bar by moving your mouse cursor to top-right or bottom-right corner of screen and then click on Settings option.
2. Now click on "Change PC settings" option given at the bottom.
3. It'll open Metro Control Panel or PC Settings page. Now go to "PC and devices -> Mouse and touchpad".
4. Now you just need to change the value of "To help prevent the cursor from accidentally moving while you type, change the delay before clicks work" option. First change its value to "No delay (always on)". If it doesn't work for you, try to change its value to "Long delay".
It should permanently disable the annoying cursor jump problem.