Trading PC Hardware
When I think about day traders, the first thing that comes to mind is a wall of screens, a guy in business casuals, and the bustle of Wall Street in said guy’s own home office. Yet it still amazes me that more than one day trader that I know doesn’t know exactly what trading PC hardware is needed to make their operation run as smooth as it needs to run.
So for all those traders out there that want to improve your operation by setting up a multiple monitor computer system that runs to perfection, every time, this article is for you.
Deciding just how many screens are needed is a challenge in and of its self. As most day traders have 3-4 programs running, we could easily say that a computer that runs 3 screens is the bare minimum. But the mindset of a successful entrepreneur can never be the bare minimum, can it? Minimalism just won’t cut it. So, I typically suggest at least a 4 monitor computer, but most guys get a 6 monitor computer, just to be on the safe side. Of course 8 monitor computers are nice, and why stop there. You could get a 12 monitor computer. Really, it’s your call. I always recommend staying away for wide screen monitors, as I think you can fit more data on a standard screen. There are a number of good manufacturers for the monitors themselves. Personally, I stick to Dell and Samsung. Both have a history of quality and will also save on costs in the long run (typically.) NEC also makes a high quality monitor that I recommend as well.
Next on the list of trading PC hardware, you must consider what type of processor you need, the amount of ram, and most importantly the video card or cards you’re going to run. Let’s start with the processor. Intel has 3 very powerful processors available. But let’s start with the lowest power first. The Intel i3 dual core boasts 2.93 GHz, or 3.06 GHz of power. This is perfect if you’re going to stick with a dual monitor setup. Next on the recommended list is the Intel i5 dual core starts 3.2 Ghz of power all the way up to 3.46 GHz of power. The best and most powerful is the i7 dual core processor by Intel. This processor will get you a full 3.33 GHz of raw processing power.
Next up is RAM, and I highly recommend you do not slack here, as this will have great effect on your ability to trade in real time. Between 4 and 8 GBs are available. DDR3 has become the standard with the newest motherboards. It typically runs at PC16000/2000Mhz. Again, don’t skimp; even with a dual monitor system- get the best with this trading PC hardware.
Finally, I want to talk about video cards. With so many options available, where do you start? It all depends on what you are trying to accomplish. The ATI Radeon HD4670 may be perfect for a 2 monitor computer, but if you are going with 4 or six monitors, then you’ll need to step it up a bit. For quad monitors, the 512MB GDDR3 NVS450 Quadro4 is perfect, while with 6 monitors I suggest the 2GB GDDR5 ATI Radeon HD5870 Eyefinity6. These video cards provide a bulk of processing power that computer nerds have been dreaming of for years.
Hope this helps with your trading PC hardware decisions, and I wish you luck when you finally decide to piece your system together! Until next time, take care.