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Upgrading Your Computer For Trading
Reliability and timing is everything in the day trading industry. Without it can mean the difference between you making money or losing money. So how can you guarantee these two factors in your daily trading life? The simple answer is to have a customized computer for trading. Using just any ol' computer that wasn't built to survive and prosper, can completely devastate your trading portfolio.
So what makes a good computers for trading? Well, in short, you'll need a computer that is like a black stallion – fast and powerful.
This means that you'll need a high-speed processor and lots of RAM and hard drive space. Of course, you'll need to have these components and other parts of your computer made from the best manufacturers in the business. You'll even need ultimate visibility to review everything at once, so this suggests that you'll be needing multiple computer monitors. If you're not too familiar with computers and their pieces, you can view an easy-to-read guide for buying computers for trading.
A lot of newbies make the mistake of using low-powered laptop computers (which should be avoided anyway) and desktops for their day trading. Then when a power surge or other malfunction takes place, they are left with a broken or slowed down computer. Not only is this annoying, but it could end up costing you thousands or even millions of dollars. Staying on top of your trading game is important and every second counts. Imagine clicking your mouse to buy or sell and it doesn't go through because your memory RAM isn't sufficient to handle all of the software you have open. You've missed out on an opportunity to conduct a successful trade.
If the current computer that you have isn't upgradeable, then it's time to look for special computers for trading. There are multiple refurbishing companies out there that offer trading computers, but be careful – majority of them are ripping you off. Some of the things you should be looking for in your new computer includes multiple monitors, fast processor (4 GHz or higher), lots of RAM (6 GB or more) and a high quality motherboard. The motherboard is more important than you may think. When the motherboard isn't sufficient, all the other components become insufficient. It would be like placing a 8 cylinder engine with 4 cylinder parts.
Don't let a slow, mediocre computer get in the way of your day trading. You should be in control of every aspect of your day trading in real time. Your PC should work just as quickly as you make a decision. Make sure to read over the computer buying guide to ensure that you're getting nothing less than the best.
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