How to build your trading PC

A Basic Guide to Trading PCs

A trading computer comprises various hardware components that are aimed at providing an efficient trading computer for serious forex traders. Most phones have easy access to trade forex on brokerage platforms. However, most of these platforms can be maximized by an optimized trading computer setup. These setups can be simple or complex and the style you choose depends on your taste and trading needs. Keep reading to learn about the various hardware components you’ll need to get the best experience regardless of your trading style.

1 Choosing the Right Processor

Your computer’s processor is like a brain that receives and processes instructions. It’s an electronic circuitry and the nature of your CPU determines the kind of hardware you will need. For forex trading, you actually don’t need a sophisticated processor. All you need is a high-speed processor that would be sufficient to achieve the instantaneous trade execution you need. Oftentimes, upgrading a processor can be extremely difficult, so if you have the resources to purchase a costly but more efficient one, go ahead and do so. While trading, you will need to analyze the information presented by the market, while watching the news and managing your trades. Hence, you’re likely to have lots of tabs open simultaneously. Slow processors tend to lag when this happens and this can reduce the efficiency of your trading processes.

Some CPUs have multiple cores allowing them to process different tasks separately. Therefore, it’s best to purchase a quad-core setup with at least 2.8GHZ. An Intel Core i7 or AMD Ryzen 7 would be great.

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2 Hard Drives

Hard drives are storage units that store your computer’s data. Hard drives store the operating system, applications, and other data files such as your documents, pictures, and music.

As a trader, you don’t store a lot of files because most trading platforms and files can fit into a regular hard drive. But, solid-state drives (SSD) are of greater speed than regular magnetic hard drives. Using SSDs can increase the efficiency of your trading computer. An efficient hard drive also reduces the time taken for your computer to boot in case of an unexpected shutdown.

3 The Computer Memory(RAM)

The random access memory runs and processes multiple applications and activities simultaneously. It allows you to store your application while you’re running them. You can use a 16 gigabyte RAM for your trading PC but a 32 gigabyte RAM would be better depending on your budget. If your motherboard has four memory slots then you should consider using a memory of 32gig to increase its efficiency and allow you to easily upgrade when needed.

4  Monitors

The specifications for your trading monitor depend on your preference. You need to choose a monitor that is compatible with other hardware components and provides the best experience in terms of size and resolution. As a trader, paying attention to detail is important so it’ll be best if you chose a monitor with significantly high resolution (preferably 4k). These high-resolution monitors ensure that you can fit a lot of information into the screen at one time. A large resolution created denser pixels which ensure that more information can fit into your screen. A high resolution ensures that you can observe a lot of price data and analyze the data with ease. The size of the monitor depends on your needs but a monitor of 26-34″ will work just fine.

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You can use more than one monitor if you’re interested in monitoring multiple assets simultaneously.

5 The Motherboard

A motherboard is essentially a circuit board that connects your hardware to the processor and ensures that electricity is sufficiently distributed across all its components. When choosing one, make sure that it’s compatible with your processor and also consider the number and nature of ports it has available. Your hardware components should work synergistically to ensure that your video card and processor ports can be connected to the motherboard with ease.

6 The Graphic Cards

The video or graphic cards are used to send information to a display device. As a trader, the nature of your video card depends on the type of motherboard you have and the number of monitors you wish to use.

Video cards work with a GPU and as a trader, you should have a graphic card with at least 2 gigabytes of memory.

7 Operating System

There are various operating systems in use today and Windows is by far the most popular. If you’re a new trader or someone who isn’t tech-savvy, Windows is a great one to start with because it’s compatible with a variety of trading platforms and software.

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