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Big computer setup need to the next step?


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Big computer setup need to the next step?

  #11 (permalink)
TheSwingTraderX
Wilmington, Delaware
 
Posts: 6 since Sep 2017
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I would like to know the kind of configuration that would be required to trade on a tick chart and also run ThinkOrSwim to it's full potential. I would like to know if there is any benefit in taking data from DTN IQ feed as opposed to the data I'm getting from ToS by default. I trade CL, ES. And also occasionally stocks. Could anyone suggest a configuration and monitor setup. No Budget. And platform suggestions also welcome. Currently Own Amibroker. Other Than TOS and IB TWS. Also I'm looking to add quant strategies and mechanical trading systems in the near future so may this could be kept in consideration for the PC. Mostly using AFL and R and maybe Python.

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  #12 (permalink)
 
Virtuose1's Avatar
 Virtuose1 
Montreal, Qc, Canada
 
Experience: Advanced
Platform: NinjaTrader 7
Broker: Interactive Brokers
Trading: ETF
Posts: 58 since Jun 2011
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Futuresnoob View Post
I was just looking at the battle stations post. Awesome setups. My question is do you think that it is or was a key factor in taking your trading to the next level you were seeking? I currently trade three instruments in my mac book. I'm finding myself later to the party than I would like to be as I fumble threw tabs to get to the instrument that was called. (I changed the wave file to call out the instrument when a signal hits.) Thanks for the help.

For automated day trading (tick data, etc), simply a good reliable laptop with a high speed internet connection is sufficient. I currently use a Dell XPS15-9560 with i7 processor, 16GB Ram, SSD, non-touch display (i.e.: greater battery life) on a 60 Mbps connection and I'm very satisfied. I've tried all kind of other setups over the years (i.e.: more expensive ones, more powerful ones, etc) but this is the best I've add so far as again the key is fast enough reliability.

Discretionary trading would have different needs obviously but I can't comment as 100% of my trading is automated.

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  #13 (permalink)
edward40
Chicago
 
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dbarno View Post
I run 4 monitors with 2 markets on each monitor. I do however admit to having a 3 monitor brain. Fortunately it isn't unusual to have a couple of markets that aren't doing anything. I do not have the patience to watch one market do nothing all day, but can watch many do nothing all day. You will find that some monitors on your layout are easier to see than others. That is where you put your favorite or best moving markets. Totally agree with simple charts and get one of the best units you can afford. Some platforms won't run correctly unless it is a really good computer. Find out what are the minimum requirements for the platform you are using. Only use my trading computer for trading. Email, and other non trading junk go thru a beater laptop. Feel sorry for platform personnel who have to deal with someone's problems after buying a big box laptop for trading.

Are you trading profitably watching three different markets at once?

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  #14 (permalink)
 jokertrader 
NYC, NY
 
Experience: Intermediate
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Futuresnoob View Post
I was just looking at the battle stations post. Awesome setups. My question is do you think that it is or was a key factor in taking your trading to the next level you were seeking? I currently trade three instruments in my mac book. I'm finding myself later to the party than I would like to be as I fumble threw tabs to get to the instrument that was called. (I changed the wave file to call out the instrument when a signal hits.) Thanks for the help.



I now have a 43 inch responsive Tv in 4K able to fit a lot and it's only $300+

Tcl 43s405
Good for gaming so easily good for trading

Have 2 more vertical on the side to have tabbed flip through of charts, browser, and anything else

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Last Updated on December 31, 2017


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