Day trader computer system, multi monitor trading computers
Just as you’d expect your computer to be able to stream movies online, as a day trader, your PC should be able to draw you real-time charts. If your computer is incapable of doing this because it is too slow, then it’s time for you to get a day trader computer system that can. Having one will ensure that you can make the right trades at the right times. It’s important that you know when to get in and out of the market as soon as there is a shift in momentum or direction of the asset’s price.
Lots of Volatility Equals Lots of Data Processing
As you may already Computer system Validation training institute know, the stock market can be quite volatile during certain times of the day or week, which means that your day trader computer system should be able to see exactly what’s going on in the market in real-time. Without this, you’ll be placing trades blindly, which can quickly drain your bank account. The market can become very wavy when there are more trades being done by institutions and Forex robots. This is especially so for global markets. When certain stocks overlap in sessions, such as the European and New York session, things can get pretty hectic.
Successful Trades Have Multi-Monitor Trading Computers
Other than having a high performance system, you should also have a multi-monitor setup. This will enable you to keep your eyes on the real-time charts being drawn, at the same time as you watch the real-time news feeds you have open on under windows. Traders shouldn’t have to click through one or two crowded screens. You can buy multi-monitor trading computers that come with 4, 6 or even 8 monitor hookups. Expand your workspace as much as you like.
Having Fast Processors and Memory RAM
In order to have a fast computer that draws real-time charts, you’re going to need a system that has a fast processor and sufficient memory RAM. This will also dictate how quickly your trades will be executed when you place them. When you have a slow computer, you’re at risk of seeing a slippage in prices, leaving you with lagging quotes. You need to see the actual stock market prices. Slow computers, just can’t keep up. In short, you should have a minimum of 6 GB RAM and a CPU that is ranked in the top ten on the CPU Benchmark ranking system. Today, the best processor out is the Ivy Bridge i-3770.