Nowadays, you can set up the perfect day trading computer setup. Still, the tons of brands, models, and specs can be overwhelming for a beginner. Of course, several critical factors require careful consideration. For example, you can’t replace a CPU. Also, you should make sure you have connectivity for at least a couple of additional monitors.
Luckily, we’re here to assist you in setting up the ultimate trading workstation. Perhaps, you’ll need to follow a few simple steps. Hopefully, you’ll get the best out of your day trading computer setup.
Do numbers matter?
Firstly, there’s a common misconception about the number of monitors required for day trading. Contrary to popular belief, deciding how many displays to install depends solely on your preferences. Besides, there are various positions in terms of inches, arrangement, or quantity.
Usually, most day trading computer setups have from two to six monitors. In most cases, the more displays, the more distractions at hand. Still, some traders prefer to buy and sell stocks using six or more screens. Ultimately, you can start small and build up if you feel so.
Which are the essential components in a day trading computer setup?
When trading, you’ll often have to perform multiple tasks simultaneously. Therefore, you’ll need a real powerhouse with fast response times. In other words, quality is essential. You must make sure your day trading computer setup meets relevant criteria. Here are the most critical components that you must carefully choose.
Typically, the processing unit is the most crucial part of any day trading computer setup. Ensuring your system has a formidable force in terms of CPU will provide optimal trading performance. Therefore, a quad-core Intel i7 or i5 would be enough to supply your needs.
However, you must also have a decent amount of short-term memory. In some cases, it may be even more vital than the CPU. After all, you’ll perform intensive multitasking. That’s why you should have at least 8GB of RAM. Better yet, a 16GB of RAM will allow you to use a large number of applications seamlessly.
Perhaps, you can take on this aspect more lightly. Bet on the brand, and chances are high that you will get better quality. You can pick either Asus or Gigabyte. These brands will secure a faster transfer of data between the hard drive and your RAM.
Arguably, solid-state drives are champions in terms of response times. Compared to their predecessors, they allow for effortless booting and launching. What’s more, you don’t necessarily need a large SSD. Unless you have different plans, a 128GB or 256GB SSD is ideal for a day trading computer setup. Still, you can hook up an additional HDD storage drive.
As previously mentioned, the number of monitors you plan to use in your configuration depends solely on your preferences. Still, it’s up to you to get the best size for your needs. Usually, you’d do great with a couple of 24-inch or 27-inch screens. Just make sure they have a high resolution.
Also, you should choose the right graphics card as it will power your multi-monitor setup. Therefore, you should go for a dedicated video card, preferably a GeForce GTX one. Typically, a GPU of at least 2GB will be a decent start without splashing out on a high-endn card.
Last but not least, you shouldn’t forget the monitor stands. As you’ll be employing at least two additional displays, you’ll need somewhere to place them. It’s essential to provide easy visibility. In such cases, you might need some functional racks. There are plenty of options on the market, so you’ll have a relatively easy task. Make sure your monitor stand has extra features. Also, don’t forget to get racks with elbows. They will allow for easy adjusting when needed.
Is the Internet connection essential?
In general, day trading opts for lighting-fast decisions. Therefore, you’d need a fast internet connection. Ultimately, you should look for a download speed of at least 4 Mbps and 1 Mbps for optimal day trading experience.
Besides, you should take a more careful look at the type of connection you’re getting. For example, you must avoid DSL at all times due to the slow response time. Typically, a broadband internet provides a standard rapid connection. Of course, Wi-Fi is still a decent choice, but it’s not advisable for security reasons.
Get to Work with a Premium Quality Day Trading Computer Setup
All in all, creating a decent day trading computer setup doesn’t take much. All you have to do is pay closer attention to the essential components. Ultimately, you should remember that talent isn’t a substitute for hardware. Therefore, you should first bet on a more robust computer.
What’s more, try and develop strategies that will benefit you. That way, you’ll be able to make the most out of your day trading computer setup. Of course, you can always rely on professionals to provide you with a premium-quality machine. If you’re looking for a pre-made configuration, Trading Computers is the best place to get you started.