Beginning
traders often overlook how important a great stock trading computer
is to their success. It is a misconception among traders that you can
trade on any computer that is available. However, this is a huge risk
and will inevitably result in lost profits. A trading computer is
designed and built specifically for the use of trading stocks and
currencies.
You
might be able to get away with trading on your 10-year-old desktop,
but if you do then you should count yourself lucky. All to often
traders upgrade their computers only after they have experienced
slippage or a lost execution. Successful traders know that this is a
huge risk. Your stock
trading computer needs to be able to process data in real
time. Your trading software requires substantial processing power to
complete this task. If you didn’t invest in a great trading
computer 10 years ago, chances are that your old computer doesn’t
have the ability to do any of the tasks that it will be asked to do
for your trades. You need a ton of RAM and great graphics cards to
run your trading platform and multiple screens. In your old computer,
your processor is going to be very outdates and will act like a
bottleneck for your trades. Even in the past 5 years processors have
wildly changed. Intel just announced that their 2014 processors are
191% faster than its previous models released 5 years ago. You can
see how dramatically technology changes and how your 10-year-old
computer components won’t be able to keep up with newer tech.
All
of this has the real possibility to end in a disaster for your broker
account. Not only is it possible it’s almost a guarantee. You
should invest in a custom built trading computer to make sure that
all of your hard work is not lost on an underpowered trading
computer. You can spend all day finding the 2 or 3 stocks that are
going to breakout and make huge profits for you, but if your computer
can’t execute that trade in real time all that effort was for
naught.
You
need speed and power to be able to complete successful trades. The
best trading computer will offer you exactly that. You need these
features to be readily available and to always provide you with a
seamless experience during market hours. This means you need a great
processor, tons of RAM, and a fast hard drive. A standard computer is
not the same thing as a trading computer. If you don’t arm your
business with a quality trading computer, you are selling yourself
short.