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3 Factors to Consider When Getting Your First Trading Computer

3 Factors to Consider When Getting Your First Trading Computer

What could be the factors to consider when getting your first computer? Trading is an exciting endeavor. You not only have access to profitable signals, but you can also win, profit, and control the risks. Make sure to visit the 1k daily profit site to benefit from the best trading tools as you work your way towards being a profitable trader. If you are serious about trading, you must realize that your smartphone or tablet is insufficient. You should invest in a high-performance trading computer that will not only provide you with market access but will also allow you to monitor various graphs on various displays.

As a newcomer, you’re probably unsure where to begin and are frustrated by questions about the type of hardware your trading computer should have. Yes, you can go to any computer store and buy a computer or a laptop to start trading, but this will not work because the amount of data your computer or laptop will receive is massive. If you want to be a full-time trader, you’ll need a computer with high-performance hardware.

3 Factors to Consider When Getting Your First Trading Computer

Here are three factors you should consider when getting a trading computer.

Processor & RAM

The processor is the computer’s brain, and as the name implies, it aids in calculations and the processing of data and values. When shopping for a trading computer as an aspiring trader, it is critical to stick to a budget. How much money are you prepared to spend? If you are on a tight budget, you can look for a computer with a high-end i5 Intel Processor or a low-cost i7 Intel Processor.

These processors typically have 4 to 6 cores. They are adequate for a low-budget trader. If you need a high-performance processor, consider the Intel Core i7-6950x, which has 10 COREs @ 4.0 GHZ. If you are on a tight budget, you should have at least 8GB of RAM.

Invest in 16GB of RAM or more for the best performance. This will be sufficient to allow you to run all of your trading software smoothly.

Graphics Card

Nowadays, computers with integrated graphics chips are common, but these are insufficient for trading. They can process images and videos quite well, but trading software, particularly charting software, is demanding. In addition, integrated graphics chips do not support multiple monitors. A full-time trader benefits from multiple monitors because it makes it easier to keep track of different trades and charts.
The best graphics chips are produced by two major companies. NVIDIA and AMD are among them. Both provide high-quality graphics cards that can be used with third-party cooling systems. EVGA GeForce GT 720 2GB DDR3, EVGA GeForce GT 740 Superclocked Single Slot 4GB DDR3 Video Card, EVGA GeForce GTX 1070 SC GAMING ACX 3.0, 8GB GDDR5, PNY Quadro K620 Graphic Card, and Nvidia Quadro K1200 Low Power, Low Profile are some low-cost graphics cards for your trading computer. Remember that you don’t need a high-end gaming graphics card.

Cooling System & Hard Drive

Hard drives are essential because they allow for the storage and retrieval of digital data. HDDs are made up of one or more rapidly rotating discs.

Because tile memory chips have no moving parts, data is written and read at a faster rate than HDD. You must have a computer with an SSD as the primary drive if you are a trader. This will house your preferred operating system as well as trading software and other applications.

You can use the HDD as a secondary drive to save other types of data. 

Note: Heat is a computer’s processor’s worst enemy, and the only way to combat it is to install a cooling unit. You do not need to invest in liquid cooling solutions because they are prohibitively expensive. You could simply get the Cooler Master Hyper 212 EVO Single or Dual fan.

Conclusion

As a serious trader, you need to get an edge on the market and one of the ways to do so is by investing in a high performing computer system. Choose a processor with 6 or more cores, invest in 16GB of RAM or more, buy a graphics card that supports 4K or 5K resolution and 3 or more computer monitors. When it comes to the hard drive, buy an SSD as your primary drive and an HDD as a secondary drive. Cooling is important and the best should have two or more fans. Finally, never forget to invest in a strong technical support.

You can always drop in your thoughts and questions in the comments section below. Thanks for your time!

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