In the market for a new machine, what is important? - Tech Support | futures io social day trading
futures io futures trading


In the market for a new machine, what is important?
Updated: Views / Replies:2,933 / 24
Created: by wldman Attachments:0

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 
Thread Tools Search this Thread
 

In the market for a new machine, what is important?

  #11 (permalink)
Elite Member
MIAMI,FL
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: Private
Favorite Futures: Zn,6E,6J
 
sharky's Avatar
 
Posts: 1,060 since Jun 2009
Thanks: 624 given, 3,875 received

i have a dell with 8 gig,ddr3,I.7 it is plenty fast enough for everything i need,if you dont want to have multiple cards you can also use usb external cards for more moniters...sharky

KILLING THE MARKETS DAILY
Reply With Quote
 
  #12 (permalink)
Elite Member
Chicago Illinois USA
 
Futures Experience: Advanced
Platform: Ninja Trader
Broker/Data: IB
Favorite Futures: duh hammer!
 
wldman's Avatar
 
Posts: 2,077 since Aug 2011
Thanks: 971 given, 2,641 received

Good Morning Mike...

I only use 4 monitors and sometimes that seems like a distraction. That link does establish a new low water mark for price on the machine I am looking for. I trade two products, usually three minute timeframe, I look at 6 charts listen to a news feed, run NT7, a browser and BMY arcade. Do I need that kind of machine? DB

Reply With Quote
 
  #13 (permalink)
Elite Member
Chicago, IL USA
 
Futures Experience: Intermediate
Platform: MultiCharts + CTS T4
Broker/Data: Advantage Futures, IQFeed.net
Favorite Futures: YM, ES, EU, US, S
 
furytrader's Avatar
 
Posts: 153 since Jun 2011
Thanks: 109 given, 144 received

Answer
This post has been selected as an answer to the original posters question Answer


From what I've read online, getting an SSD is useful to speed up boot times but it doesn't do a heck of a lot for normal hard drive usage (I may be wrong about this - it's simply what I read). Also, they cost an arm and a leg over a traditional HD.

As for Windows 7 Pro - the big differences there is that Windows 7 Home Premium can only address up to 16gb of RAM, so if you want to be able to handle more, you'll need to have Pro. Also, Windows 7 Pro can log onto domains, while the home versions cannot. Being able to log onto a domain is probably only relevant if you use the machine at work or have a business-grade network at home.

One other thing - you can probably save yourself some $$$ when you buy your machine by buying the upgraded memory separately. When I bought my most recent HP desktop, they wanted something goofy like $120 to add an additional 4GB. Using the Kingston Memory website, I was able to determine what type of memory I needed for this machine and then ordered it off of Amazon.com. I was able to upgrade an additional 8GB for $60.

Finally, as others may have noted, you may want to check out www.passmark.com to spec out different CPU scores. I originally was going to buy an AMD six-core processor but then went ahead and bought an Intel I7-2600 because, although its a quad-core, its CPU score is 50% higher than the AMD I was looking at.


Last edited by furytrader; October 26th, 2011 at 08:37 AM.
Reply With Quote
 
  #14 (permalink)
Elite Member
new york
 
Futures Experience: Beginner
Platform: SC, NT
Favorite Futures: CL, GC
 
Posts: 213 since Sep 2009
Thanks: 99 given, 113 received

Answer
This post has been selected as an answer to the original posters question Answer


wldman View Post
have put down so far.

core i7 2600k
asus sabertooth
ddr3 RAM 16G
ati fire pro 2460
1.5 T hard drive or
equivalent SSD
Win7 Pro 64 bit

Can I buy something like that online from Dell or will I have to hire someone to build it for me? Does anyone know if this is a premium but not unnecesssary build? Im thinking based on component prices this should cost around $2,000. Does anyone have any ideas on this? DB

Have you check Dell Outlet? Their XPS 8300 is great. But they do go by fast. The specs is identical to what you have listed, except Ram is 8 or 12gb and the video card is ATI 6770, and they go for like 650 shipped. You might have to use chat to see if they have any inventory. Good luck.

The i5 is much cheaper.

20% coupon: 4QH8?F?0CQ9M3Z

Good til end of October.

Reply With Quote
 
  #15 (permalink)
Elite Member
Chicago Illinois USA
 
Futures Experience: Advanced
Platform: Ninja Trader
Broker/Data: IB
Favorite Futures: duh hammer!
 
wldman's Avatar
 
Posts: 2,077 since Aug 2011
Thanks: 971 given, 2,641 received

Thank you everyone...

you guys are really helpful and Im grateful for the input. DB

Reply With Quote
 
  #16 (permalink)
Urban Samurai
Chicago IL
 
Futures Experience: Intermediate
Platform: Ninja, MT4,TOS, SC, Matlab
Broker/Data: CQG, AMP, MB, DTN
Favorite Futures: E/U, G/U
 
forrestang's Avatar
 
Posts: 1,039 since Jun 2010
Thanks: 226 given, 688 received

I would say if this is 'ONLY' a machine for trading, the SSDs and that much memory are probably a bit of overkill.

Reply With Quote
 
  #17 (permalink)
Elite Member
Chicago, IL USA
 
Futures Experience: Intermediate
Platform: MultiCharts + CTS T4
Broker/Data: Advantage Futures, IQFeed.net
Favorite Futures: YM, ES, EU, US, S
 
furytrader's Avatar
 
Posts: 153 since Jun 2011
Thanks: 109 given, 144 received

I would agree with Forrest on that one ... if the machine is only for trading, the purveyors of your software should be able to give you technical specs for an optimum operating environment.

The machine I recently bought was for research, and needs a lot of memory and CPU power for various optimizations, scans, etc.

Reply With Quote
 
  #18 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 46,240 since Jun 2009
Thanks: 29,357 given, 83,237 received


wldman View Post
I trade two products, usually three minute timeframe, I look at 6 charts listen to a news feed, run NT7, a browser and BMY arcade. Do I need that kind of machine? DB

Do you need it? That is subjective, but if your goal is to spend as little money as possible to be able to run your charts, then any 4 year old quad core system with 4GB or more of ram would be enough.

It depends on your exact use, and how you define "enough power". For example, at any given time I have about 20 tabs open in my browser (Chrome), which by itself uses almost 2GB of memory.

I have email open on top of that, I am often using image editing software, encoding videos, and running various background tasks.

If you do any backtesting then you probably want a fast machine.

An i5 2500 with 8GB of ram and no SSD is more than enough. But the price to go from i5 2500 to i7 2600 is pretty small, just like memory is incredibly cheap right now.

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote
The following user says Thank You to Big Mike for this post:
 
  #19 (permalink)
Trading for Fun
Singapore, Jurong West
 
Futures Experience: Master
Platform: Metatrader
Broker/Data: OANDA
Favorite Futures: Currency
 
Nasdin94's Avatar
 
Posts: 128 since Oct 2011
Thanks: 11 given, 106 received

I just use my laptop to trade...
Attached to the TV and another monitor that is! (when at home)
Otherwise, trading outside works fine too especially when during a lecture(Yes I'm in college studying)

Laptop specs:
I7 2630
6gb dd3 ram
Standard HDD 650GB NOT an ssd
AMD Radeon HD 6500M ( 2GB ddr3)

Your main focus here would be Graphics memory since as a trading PC you're probably going to be using multiple monitors with high resolutions.

VGA/ Grahics card bus speeds/ cores/ CUDA compatibility shouldnt be a weightage criteria unless you wish to use imaging programs such as Adobe Photoshop etc as imaging programs utilise GPU processing when performing task to accelerate work done.

Ram wise, 4GB should be sufficient unless you wish to multitask. DDR 3 is preffered.

As for the processor, you may want to focus on the amt of cores instead of singular but fast cores or dual cores cause you are running multiple charts/programs at once so it isnt about speed but rather multitasking power here.

Clock speed of the processor shouldnt be an important factor but its important to make sure its at least 2ghz per core unless you wish to do some back testing so a little bit more than that should do the trick as back testing currently only uses 1 core at once unless you're on mt5 which uses all cores at once.


Source: I'm a geek.


Last edited by Nasdin94; October 26th, 2011 at 11:15 AM.
Reply With Quote
 
  #20 (permalink)
Elite Member
new york
 
Futures Experience: Beginner
Platform: SC, NT
Favorite Futures: CL, GC
 
Posts: 213 since Sep 2009
Thanks: 99 given, 113 received


I traded 2 products too, but only used one 5 minutes each, total of 2 charts.

My specs is Q6600 (yes, it is old, shoot me) with 6 gigs of RAM. Two monitors. 1 for trading, 1 for works.

Reply With Quote

Reply



futures io > > > > In the market for a new machine, what is important?

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Jigsaw Trading: TBA

Elite only

FuturesTrader71: TBA

Elite only

NinjaTrader: TBA

Jan 18

RandBots: TBA

Jan 23

GFF Brokers & CME Group: Futures & Bitcoin

Elite only

Adam Grimes: TBA

Elite only

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Why is true tick data so important? h4cked Reviews of Brokers and Data Feeds 14 December 16th, 2010 06:24 AM
Is Volume data in Currency Futures Important? drago1 Currency Futures 5 December 11th, 2010 06:08 AM
The MOST important piece in trading baruchs Psychology and Money Management 13 January 2nd, 2010 04:38 AM
Hypothesis: Yesterday's high/low is (un)important caprica Traders Hideout 10 November 16th, 2009 04:32 PM


All times are GMT -4. The time now is 11:03 AM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2017-12-18 in 0.15 seconds with 39 queries on phoenix via your IP 54.226.113.250