How Your Laptop Trading Computer Helps You Maintain A Small Margin Of Error

Maintaining a small margin of error within your trades each day is the main goal of seasoned traders. During your trading education, you were taught to use tools and metrics in order to establish a system that allows you to avoid errors.

The next important thing to consider is what your Laptop trading computer hardware is going to do to protect you from errors. This means evaluating the type of processor, RAM and Internet connection you currently have. Successful traders know that these are important components in their trading day. These traders have found during their career that trading on underpowered computer isn’t worth the amount of risk that you’re taking. The ability to access market information and process real-time data is priceless. Any trader who is encountered a large error that cost them thousands of dollars of trading capital knows that you cannot put a price on avoiding these types of situations. Once you have encountered this type of loss you’ll do just about anything to avoid this happening ever again.

You need to have the correct hardware installed on your Laptop trading computer in order to avoid slippage. Slippage occurs when your trading computer struggles to communicate information in real time. This delay is often only a few seconds. However, these few seconds of out-of-date information can cost you thousands of your trading capital. The high risk involved with slippage isn’t worth avoiding the small investment it would take to arm yourself against this.

A great processor is the main hardware requirement to keep yourself out of the line of fire with slippage. Seeking out the best processor for trading can be a daunting task. Processor manufacturers seem to be speaking a different language when they advertise the high-powered specks. They tend to measure quality and speed in two ways. They often speak about how many cores the processor has and what the gigahertz output is. In order to convert this language to laymen’s terms the industry has developed a universal measurement in order to compare different levels of processors. This is called benchmarking. You can find several free sites on the Internet that will allow you to type in the model of several different processors to see how they compare. These scores are measured in the thousands. The minimum benchmark for trading computers is 7500.

Whether you are a seasoned trader or new to the industry, you should definitely benchmark your current processor and see how this compares to the minimum benchmark for trading.