costco computers desktop
I have heard many questions about my computer set up for online trading. Firstly, the hardware set up was very little to do with the success (profitability IE) day trading online.
I am constantly amazed at all that multiple monitors online merchants to connect their computer systems. I am also surprised at the number of processors and other goodies that are integrated in systems.
There are several companies that meet the computing market niche because they know that when people first start online trading, they go into a buying frenzy and spend lots of money for a system, because it is built for online commerce. "
Traders beginners tend to buy the latest technology at a high price points and use the because they need to make a profit. This brings me to a point that you should take note read before buying any system computer for your business trading online.
Point Number One:
This is not the hardware or configuration is the trader who makes money trading online.
Now that we have on the road, let me make a few points. Your Internet connection should be with a reputable company. If you spend money, this is the place to do it. If you can not unable to connect to your data services online or your brokerage accounts, you can not trade.
Also, why you do not need Technology latest and greatest, you also can not use the older computer and worst of 1995 are still running Windows 95.
A good rule is to check with your mapping / data flow, and even your provider high speed internet and see what specifications minimum they recommend and make sure you're above them.
Let's start looking at all the items you need. This is a simple list if you're not overwhelmed.
- 1) A reliable broadband Internet connection. (DSL, cable, satellite)
- 2) A computer on the minimum specifications set forth by your mapping / data flow of the company. (I like having at least 4 GB to 6 GB of memory on board since I have many windows open at once)
- 3) A monitor that is at least 19 inches. The bigger the better. I do not believe in multiple monitors, since I try to keep my trading plan is very simple, multiple monitors tend to create a paralysis of the information since there is such a thing as too much information. Multi monitors also add considerable cost to your system because you need each and buy as many or more end graphics cards
- 4) A UPS (uninterruptible power supply) This will keep your computer desktop, monitor, modem power if a power outage at your office. Believe me you do not have a job set line and then not be able to manage because you have no power.
Costco offers all these items (except Internet connection) at very good prices. They also have a policy of 90 days of return and a concierge service and that is why I buy my systems from them.
Just an FYI, I went to Costco and configured an HP desktop. I have the same setup and went to one of the companies computer that focus on computers for trading online merchants with multiple monitors and cool, "Trading" names computer. Guess What? For the same specifications, Costco was $ 747.67 cheaper. Just some food for thought. (I am not affiliated with Costco anyway except for holders of a membership card. This example was used to prove a point)
Michael MeAngelo
http://www.onlinetradingday.com
