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1. #What is the best laptop for general home use software#
2. #What is the best laptop for general home use windows#

Fortunately, trading laptops are as powerful as trading desktops, so you should definitely get a trading laptop if you plan on traveling a lot. I personally travel a lot, and it’s really difficult to travel with a desktop computer. One of the advantages of being a trader is that you can “work” anywhere you want. The good news: YES, you can use a laptop for your trading.

#What is the best laptop for general home use software#

So you can use the software on a PC, on a Mac, or even on your phone! What is the best trading Laptop? As an example: In order to run the software PowerX Optimizer that I personally use for my trading, you only need a browser like Safari, Chrome or Firefox. The good news: More and more charting software packages are now web-based. So it’s better to buy a PC, as much as it hurts me to say this.

#What is the best laptop for general home use windows#

When using a Mac, you need additional software like Bootcamp or Parallels which allow you to run a Windows Operating System on your Mac.īut that defeats the purpose of a Mac. These days, most trading software is developed for a PC. If I had a choice between more RAM and a slightly slower processor, or less RAM and a faster processor, I would definitely choose more RAM. RAM is measured in gigabytes (GB), and built-in RAM will generally start at 4GB, but most traders should get at least 8GB of RAM. How much RAM do I need to trade?Ī general rule of thumb: The more RAM, the faster your computer will be. It should cost you anywhere between $600 – $1,000. If you need a computer, go to Best Buy and ask for a “gaming computer.” Trust me: These gaming computers have enough power to satisfy all your needs. In my opinion, there’s no need to pay thousands of dollars for a specific “trading computer.” Now that you know the main criteria, let’s talk about… What is the best computer for trading stocks? So make sure that you have the best service and support agreement possible that allows you to get your computer repaired or replaced in 24-48 hours! When your trading computer breaks, you need a new one, and you need it now. You don’t want to “ship your computer to a support center” and then wait 2-3 weeks until they fix it. And when you have a problem with your trading computer, you need awesome support. It doesn’t matter how much you spend on a computer, at some point, there WILL be problems. Most of the time I’m trying to figure out where my mouse pointer is.”Īnyhow… I recommend that you have at least TWO monitors: – One monitor for your charting software and – One monitor for your trading platform to enter your orders.įor 95% of traders, two monitors are enough!Īs a trader, you need your trading computer! After all, THIS is your main tool! You need your trading computer for your charting software, and you need it to enter your orders. He said: “Well, I like it, but there’s a small problem.”Īnd he said: “I have so many monitors…. I asked him: “How do you like your trading computer?” When I got to his office, it definitely looked very impressive. He was very excited about it, and he asked me to come over and check it out. Here’s a funny story: A friend of mine bought one of these fancy trading computers with 8 monitors. But you don’t need 6 or 8 monitors as some people try to tell you. When trading, you should have multiple monitors. SSD drives are a little bit more expensive, but DEFINITELY worth it! It’s important that your computer has enough cooling so that it doesn’t shut down on you.Īnd the best hard drive is a so-called “Solid State Drive”, also known as SSD drive. One of the most common points of failure is overheating or hard drive failures. And it needs to keep running throughout the day when you need it. Your trading computer needs to start when you switch it on. This is a big one: Whether you are day trading or swing trading, you need a computer to make your trading decisions. This means that most of the calculations are done on powerful computers in the cloud and no longer on your computer.īased on my experience, any computer that is less than 2 years old is usually fast enough to process all the data you need. These days, many trading software packages like TradingView or PowerX Optimizer are cloud-based. To be honest, THIS was more important in the past than it is today. Nothing is worse than missing a trade because your computer “needed a moment” to calculate your criteria. And it needs to be fast enough to run your software to make the calculations that you need. You need a computer that is fast enough to keep up with the market data. There are four key ingredients to a great Trading Computer: 1.) Speed, 2.) Reliability, 3.) Multiple monitors, and 4.) Service & Supportīefore we talk about the best trading computer, let’s take a look at each of these criteria: 1.

A “Trading Computer” is a superior, extremely fast computer that is specifically designed for traders.