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What's on your monitor screen/s?


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What's on your monitor screen/s?

 
 
TonyB's Avatar
 TonyB 
Bay Area, CA - US
 
Experience: Beginner
Platform: TOS, TS & MC
Broker: TDA & TS
Trading: Stock, Options and now Futures (ES)
Posts: 516 since Dec 2010
Thanks Given: 227
Thanks Received: 140

I didn't check their website, just the model mentioned by Big Mike and others that has a clamp securing the stand to the desk. The one that whatnext provided is a platform that sits on the desk, so if there ones like that on the link you provided, I''ll check those out, and thanks for the link on chairs.

Started this thread

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stopnlimits
Chicago, IL
 
Posts: 29 since Mar 2011
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Interesting to see what others are using.

 
 
TonyB's Avatar
 TonyB 
Bay Area, CA - US
 
Experience: Beginner
Platform: TOS, TS & MC
Broker: TDA & TS
Trading: Stock, Options and now Futures (ES)
Posts: 516 since Dec 2010
Thanks Given: 227
Thanks Received: 140


Sort of glad others are seeing value too... For a beginner, knowing that one screen might not be desirable, the question soon becomes, well, how many screen might I need. And to answer that, one needs to have an idea as to what is on the screens, or might be... Given what I've seen so far, I feel that a four screen set-up, 24" each, will do the trick. I'll have my 24" iMac off to the side for other "stuff"... I'll need a bigger desk though.

Started this thread
 
 
whatnext's Avatar
 whatnext 
Rockland county , New York
 
Experience: Intermediate
Platform: NT 7
Trading: CL, 6E, SI, ZC
Posts: 230 since Mar 2011
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Thanks Received: 81

I'd take a look at a 24" screen in person and then what it would be like to have four. I might be in the minority, but wish I had gotten 21" and could then add another two.

 
 
TonyB's Avatar
 TonyB 
Bay Area, CA - US
 
Experience: Beginner
Platform: TOS, TS & MC
Broker: TDA & TS
Trading: Stock, Options and now Futures (ES)
Posts: 516 since Dec 2010
Thanks Given: 227
Thanks Received: 140


whatnext View Post
I'd take a look at a 24" screen in person and then what it would be like to have four. I might be in the minority, but wish I had gotten 21" and could then add another two.

I suppose you mean running-out of space on your desk? I was scoping-out 2x2 (24" monitors), and a 48" desk would accommodate. I'm leaning toward getting an L shared desk that is 63 or so inches as then I'd have some future options to expand, if desired. Plus the slight wrap-around shorter portion of the L is where I could put my iMac for email, surfing, or even to have TOS open for options.

Started this thread
 
 
whatnext's Avatar
 whatnext 
Rockland county , New York
 
Experience: Intermediate
Platform: NT 7
Trading: CL, 6E, SI, ZC
Posts: 230 since Mar 2011
Thanks Given: 338
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What I'm saying is you want to be comfortable with your viewing format and taking a look in person couldn't hurt. I like to be pretty close to the screen when looking at charts and it's ok with 4 24" screens but wouldn't be with 6 screens. It's just about personal preference.

I went with the Bush Series C Right L-Shape Desk with a return bridge. It's huge, looks good in mocha cherry and is not expencive.

 
 
TonyB's Avatar
 TonyB 
Bay Area, CA - US
 
Experience: Beginner
Platform: TOS, TS & MC
Broker: TDA & TS
Trading: Stock, Options and now Futures (ES)
Posts: 516 since Dec 2010
Thanks Given: 227
Thanks Received: 140

Nice desk alright, and size is not a problem there... I understand what you are saying, and that's a good point. I've been using a 24" iMac for a while, but I've never used more than 2 monitors at the same time. Never needed to...

Started this thread
 
JetTrader
Edmonton, Canada
 
Posts: 187 since Apr 2011
Thanks Given: 12
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TonyB View Post
While I've seen threads on monitors, how many some the traders here use, stands, and video cards, I didn't find a discussion as to what is typically on these screens. As a beginner, I think it would be very helpful to know the logic or reasoning when deciding what to depict on a monitor, or multiple ones. While I'm sure we'll get differences in approach, I'm sure there will be some commonalities too.

I've seen were some here use one or two monitors, while a good number utilize 3 to 4, and then some have set-ups with many more. Once I understand how this real estate is being used by experienced traders, I'll then have a better idea as to how I might go about my set-up...

As a guess, maybe some here use each monitor for an instrument, like one for the ES, another for NQ, etc... I'd be curious to hear the approach taken. And then, what's typically on these screens. I envision to 2 to 3 charts of various minute and tick increments and a ladder?

Thanks in advance for sharing. And, if there is a more relevant forum, kindly move it there...


Tony,

Less is always more in trading, but only of less contains the information you need to make solid trades. Whether or not one has that information, typically depends on the level of research one has concluded on real market data. Everything comes down to research in this business - what the trader can prove through empirical evidence and then how the trader can enter positions that take advantage of the empirical nature of the issue being traded.

Some can do it with just one screen. Others, will use as many as five (5) or more. Whatever it takes to get the job done, is what it will take for you.

 
 
TonyB's Avatar
 TonyB 
Bay Area, CA - US
 
Experience: Beginner
Platform: TOS, TS & MC
Broker: TDA & TS
Trading: Stock, Options and now Futures (ES)
Posts: 516 since Dec 2010
Thanks Given: 227
Thanks Received: 140


JetTrader View Post
Tony,

Less is always more in trading, but only of less contains the information you need to make solid trades. Whether or not one has that information, typically depends on the level of research one has concluded on real market data. Everything comes down to research in this business - what the trader can prove through empirical evidence and then how the trader can enter positions that take advantage of the empirical nature of the issue being traded.

Some can do it with just one screen. Others, will use as many as five (5) or more. Whatever it takes to get the job done, is what it will take for you.

You know, that sounds applicable to so much in life; and an important reminder,thank you. I'm at the stage now to where I don't know what works best for me. I need to experiment with so much, and I'm really looking forward to it... I'll be living in paper money quite a bit during this initial learning curve...

Started this thread
 
JetTrader
Edmonton, Canada
 
Posts: 187 since Apr 2011
Thanks Given: 12
Thanks Received: 162



TonyB View Post
You know, that sounds applicable to so much in life; and an important reminder,thank you. I'm at the stage now to where I don't know what works best for me. I need to experiment with so much, and I'm really looking forward to it... I'll be living in paper money quite a bit during this initial learning curve...

Well, that's the key - experimentation with a demo account and then digging into the real market data to see if the market left any clues about how it would perform. Your screen set-up will evolve through many different iterations over time, as you try new things. There is no one size fits all configuration and what you ultimately use will depend on the type of trader you decide to become. As a tactical trader, I only need my system and my trading platform. The system gives me the trade profile and I can check the trading platform for any adverse news before entering the position(s). So, for me personally it is all about having access to:

System (generating the trade profile)
News (managing the adversity)
Execution (managing the position)

I've got that down to one screen and I'm trying to get it down to a much smaller PDA, but that's going to be rather difficult if not impossible with the current prototype. However, I believe that I can get the same set-up inside a UMPC like the OQO Model 2.



By the time you are done with a fair amount of indicator design, experimentation, back-testing, market research and live test trading, you'll know precisely what screen set-up will work for you in your production level trading. I certainly would not be worried about screen set-ups at this stage. Go for one screen now and let the mission dictate where to go next.


 



Last Updated on January 22, 2012


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