Technology
enhancements move almost as fast as the trading markets. Well maybe
not quite as fast, but more often than not it seems like tech changes
in the blink of an eye. For instance, Windows XP has now been on the
market for 13 years. This is an eternity in the tech world. This says
a lot for the reputation of the software, but that long of a life is
not a good thing. This doesn’t mean it is still the most reliable
choice for your trading computer. This is, in fact, the furthest from
the truth. This allows us to see that technology has a shelf life.
The components in Laptops only last so long. Over time they are not
able to keep up with the new advancements in technology. New machines
are now outperforming them.
This
should be telling you that your old Laptop is not the best machine to
be trading on. As a stock trader, you need to be able to keep up with
real time information and data. A processor that is 13 years old is
never going to be able to keep up with this pace of information.
Think about it this way. Intel’s processors from 5 years ago are
191% slower than the processors that are on the market now. Those
traders that have newer technology have a high advantage over those
that don’t invest in a new Laptop
trading computer. There is a lot on the line when you using
this outdated technology.
What
does it mean to have this type of advantage as a Trader? Money. This
might seem like a straightforward answer. This is just the fact of
the trading world. Thousands of traders work from their home offices.
This leaves the question of what really gives the best traders an
advantage. There are a few things that come to mind. There are clear
advantages in having a great knowledge base, lots of experience, and
good technology.
The
average life span of any computer is three to five years. If you are
trading a computer that is old than this, you need to change your set
up today. You might be tempted to Frankenstein your machine and just
upgrade certain pieces of hardware. This seems like a good idea on
the surface, but upon further research you will find that it is a bad
idea. The reason for this is that a Laptop trading computer is a
chain of hardware that is tested and composed of pieces that work
incredibly well together. The best stock trading computer is not just
composed of random pieces of hardware installed in one case. It is
composed of the best pieces that work well together.
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