Day trading can be simple or difficult, depending on the day trading computers we’re using. To make life easier, there are certain technologies that can be used to allow us to perform essential tasks more quickly. If you’re looking to make your job easier, then it’s imperative that you learn about the components that computers for stock trading need. Many day-traders lack these important pieces of the puzzle and they pay dearly for it in the long run. You can save yourself thousands by upgrading your trading setup for one that will run seamlessly. Just make sure to watch out for scammers out there looking to take advantage of novice traders who are spending thousands more than they have to on computers.
Gaming Computers vs. Trading Computers
One mistake that day traders make is going for gaming computers. The hype surrounding these deals with high performance, speed and graphics, but one must keep in mind that these are made specifically for gaming. What works for video games isn’t necessarily going to work for day traders. Gaming Computers are made with components that support great graphics and that alone isn’t enough for a day trader.
On the other hand, day trading computers are specially designed with the day trader in mind. Instead of aiming for graphics, customized computers for stock trading cater to data. These Computers are designed to calculate thousands of possible trades in fractions of a second. Just last year, there was a flash crash on computers that were being overworked by too much data input. This can be avoided when you have a PC that is ready to handle such activities.
It’s not about Multiple Monitors, it’s about Multiple Charts
Having multiple monitors is highly recommended for day trading professionals. The reasoning behind having multiple monitors is to be able to view the multiple charts you have opened. This allows you to analyze important information fed into the software for generating specific results. Since your computer is constantly redrawing charts on each of the monitors and indicators are always running, your PC will need to be able to provide the speed and reliability needed. This all comes down to your motherboard, RAM and processor. When these components are low quality, traders will witness a lag in the data displayed. As you know, day traders need real-time data.
Purchase a Computer Designed for Non-Geeks
This brings us back to gaming computers, which are technically designed for the geek-minded. If you’re not into taking apart your machine and inserting components, then these aren’t for you. Most day traders are looking to unpack their computer, turn it on and begin working. Having a computer that works for day trading is good enough.
If you’re interested in buying a trading PC for your home or office, then you will need to learn everything you can about the components it needs. Luckily, there are trading computer customizers out there who can help you.
Thomas Galvin