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Day Trading Computer & Trading Screens - What You Really Need to Trade? 🔌💻

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What trading hardware do you really need to trade? http://www.financial-spread-betting.com/course/using-computers.html PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE! Assuming you are taking this business seriously and want to make some decent money out of it - well times have changed; fortunately for us we need far less. I had a trading desk shared with other traders and I had some 8 screens. That was required because the software wasn't much software. These days I find a laptop to be sufficient in most cases although sometimes I do use my workstation where I have 4 screens setup. But really I think what you need are 2 screens because you need to be able to temporarily drag things to another screen while still keeping focused. The idea of having multiple screens is that you can focus on the market you're trading but in your peripheral visions you can spot other things happening. Try to buy the most powerful computer or laptop you can afford because you don't want your system to fail you when you most need it!
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Text Comments (37)
Maitrayan Ghosh Roy (24 days ago)
2 Screens
MastenPark (1 month ago)
If you only talking about hardware your video title said it all. If you are talking about what needs to run on said computer well this video fell short I don’t even day trade and I could have came up with a better list than that. For example what you should have said in addition to the obvious is Good Charting software. (Ex ESignal) You did mention that Good Broker( Ex. Speedtrader )-to execute the trade Good Stock Scanner (Ex Trade-Ideas)- to be able to find the stocks to trade Good News provider (Ex Benzinga) -to find the catalyst for the stock move
Ashley Lemmer (2 months ago)
peter smith (2 months ago)
Or you could an ultrawide screen, doubles as two screen
Ravanger1 (4 months ago)
i prefer 20 screens
Very informative! Thanks mate!
jorge humberto gonzalez (5 months ago)
Peaceful Body and soul (5 months ago)
hello, what spacifications are required for a pc which will be on for 24 X 5 for a forex trading? what u suggest??
UKspreadbetting (5 months ago)
I would go for a high-end one like a gaming pc; an i7 should be sufficient.
Ebin Lazar (5 months ago)
Hello there mate, amazing content throughout this channel. Have you guys ever done a video about tax in UK for forex traders? If not are you able to help us with one. Thank you so much.
UKspreadbetting (5 months ago)
If you trade with a forex broker: Treat gains and losses like CFD Trading - gains are taxable but you can offset losses against future gains (in subsequent years). If you trade forex with a spread betting provider Gains are non-taxable. But if you suffer losses you can't offset them against future gains (in subsequent years).
Mustavo Gaia (6 months ago)
How much distraction do you accept during a session. I mean check unrelated news, even social media, just for unwind whilewaiting for the next trade or the current trae do reach target.
ConradJupiter77 (6 months ago)
and a crystal ball.
Aaron Woodland (7 months ago)
Love all the vids it's so helpful
valicourt (7 months ago)
Old laptop. Works fine. All depends on what and what time frame you trade.
Ronald Tambio (8 months ago)
1 piece of hardware easily overlooked.. I mean easily overlooked.. is a UPS. I run a laptop with two screens. My UPS is there to help me close a trade in an event where the power does go out. My modem is connected to my UPS. And yes there is still Internet even if the power does go out. Since the Modem is still being powered by your UPS, you can still mange your trades. With my laptop, two screens, my two modems, all less than 100 watts.
Ramon E Alvarez (10 months ago)
pierre1122 (10 months ago)
I dont know your name or where you come from, but you help me a lot with my forex trading !!! I traded only stocks before, but now I know how to trade forex with you good advices !
Darth Forex Vader (1 year ago)
trading from the holiday inn removed my anxiety of poor internet resources
Darth Forex Vader (1 year ago)
minimum 6GB processor was advised to me through my mentors
mohd huzaifah (1 year ago)
coffee station
Andre Colonese (1 year ago)
any suggestion for a good-decent broker?
UKspreadbetting (1 year ago)
Check our recommended alternatives here http://www.financial-spread-betting.com/spreadbetting/compare-spreads.html in particular InterTrader and Ayondo - both are regulated. InterTrader forms part of GVC; a listed company on the London Stock Exchange with a market capitalisation close to 2 billion.
RAYAD KARIM (1 year ago)
anybody knows what the name of this Guy presenting these vidoes
UKspreadbetting (1 year ago)
chris smith (1 year ago)
You forgot a decent UK broker who pays out when you win x pips
Sarajlija Sanjo (1 year ago)
Agree with all of it but you forgot the most important thing. A LOT OF COFFEE...yes, A LOT OF GOOD COFFEE. Sincere thanks, all your videos are absolutely fantastic and educational. I wish I started trading 10 years ago. Sonny from Seattle.
David Snelling (1 year ago)
I use a good quality laptop (Dell XPS). While at home, I connect to two full HD screens via a docking station (thunderbolt connection). When I need to, I take my laptop into work which works well because it has all my regular software on it and the battery lasts all day. I use Sharescope pro for charting, plus level 2 and Stockopedia to create watch lists from fundamentals. I only swing trade and this setup works well for me, happy trading :-)
Paul Peace (1 year ago)
A 12" notebook and a 5" Android ; both with MT4. Wi-Fi and back up modem would be enough. Notebook could be split to 12 tile windows...
58 Genders (1 year ago)
what is a good software for charts? All of them are like 99$/month lol
Videha Dhothaka (1 year ago)
Tradingview is the best. Free.
UKspreadbetting (1 year ago)
Try ProRealTime - it is a great charting software and offered for free to InterTrader clients. Check them out here http://www.financial-spread-betting.com/intertrader/intertrader.html
Nikolay Chankov (1 year ago)
I am dreaming of a 4k TV as a monitor (not all tvs are suitable though), but for now I am using a laptop + extra 23" screen
Tom Thumb (1 year ago)
Nikolay Chankov and how’s your trading going ?
Joe Eoj (1 year ago)
FIRST!!!!!!!!!!!!!!!!! i got a 3 screen pc btw

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