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I asked him: “How do you like your trading computer?” When I got to his office, it definitely looked very impressive. He was very excited about it, and he asked me to come over and check it out. Here’s a funny story: A friend of mine bought one of these fancy trading computers with 8 monitors. But you don’t need 6 or 8 monitors as some people try to tell you. When trading, you should have multiple monitors.
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SSD drives are a little bit more expensive, but DEFINITELY worth it! It’s important that your computer has enough cooling so that it doesn’t shut down on you.Īnd the best hard drive is a so-called “Solid State Drive”, also known as SSD drive. One of the most common points of failure is overheating or hard drive failures. And it needs to keep running throughout the day when you need it. Your trading computer needs to start when you switch it on. This is a big one: Whether you are day trading or swing trading, you need a computer to make your trading decisions. This means that most of the calculations are done on powerful computers in the cloud and no longer on your computer.īased on my experience, any computer that is less than 2 years old is usually fast enough to process all the data you need.
WHAT DOES HAVING MULTIPLE DESKTOPS ON MAC DO SOFTWARE
These days, many trading software packages like TradingView or PowerX Optimizer are cloud-based. To be honest, THIS was more important in the past than it is today. Nothing is worse than missing a trade because your computer “needed a moment” to calculate your criteria. And it needs to be fast enough to run your software to make the calculations that you need. You need a computer that is fast enough to keep up with the market data.
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There are four key ingredients to a great Trading Computer: 1.) Speed, 2.) Reliability, 3.) Multiple monitors, and 4.) Service & Supportīefore we talk about the best trading computer, let’s take a look at each of these criteria: 1. A “Trading Computer” is a superior, extremely fast computer that is specifically designed for traders.