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Updating Your Trading Computer for Today’s Day Trading

By Thomasgalvin Subscribe to RSS | March 17th 2012 | Views:

Times have definitely changed from the times when our fathers and grandfathers used to trade stocks. With all of the growing technology around us, it is imperative that we keep up with the times. The business field sure doesn’t have a problem with doing so, so you will need to be able to do the same. For day trading, very few people still use paper charts. Everyone has gone digital. It’s important to keep in mind that any computer won’t do the job. If you are serious about day trading, then you will need a trading computer that is built for the industry.

You can find a trading computer customized just for you, right online. There are a variety of places that sell computers for trading, but many of them are unfair and shady. If you’re not careful, you could end up paying more than you have to for a PC that should cost significantly less. Now, this doesn’t mean that you should find any computer that you can get your hands on at an affordable price. The computers you will find inside of Best Buy and other electronics stores are built for home use and light business tasks. Day trading requires a setup that will allow you the speed and power that is much needed in today’s stock trading field.

The programs that you will be using for your day trading requires lots of memory RAM and processor speeds and capabilities. Without these, you will have a slow computer that computes inaccurate data. The numbers in stocks are changing every second and you will need to see this data as soon as it changes. A slow PC won’t give you real time data, which will delay your trading abilities and possibly cost you money.

It is also important that you have a trading computer that has multiple monitors. With multiple monitors, you will be able to see the various windows you have opened, all at once. This means less clicking around with your mouse. Since laptops are unable to connect to multiple monitors, it is more than necessary for you to have a trading PC that is a desktop. The multiple monitors that you purchase should all be the same brand and model, so buy them all at the same time to ensure this.

Other factors you will want to look into are the graphics card, CPU fans or cooling system and hard drive space and speeds. You should go for hard drives that give you TBs worth of space and high rpm speeds, so that you’re able to access your data fairly quickly.

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