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Seeking computer recommendations

  #1 (permalink)
 kctpac 
Auburn ma
 
Experience: Intermediate
Platform: Td Ameritrade
Trading: es
Posts: 23 since Jan 2011
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I am in need of a new computer. Does anyone use a iMac for trading ifso what specs do you have? Thank you

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  #3 (permalink)
 
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 Anagami 
Bangkok, Thailand
Legendary Hedge Fund Trader
 
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kctpac View Post
I am in need of a new computer. Does anyone use a iMac for trading ifso what specs do you have? Thank you

You might find it quite difficult to trade with iMac. From what I understand, there just isn't lot of support in terms of trading apps.

You are never in the wrong place... but sometimes you are in the right place looking at things in the wrong way.
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  #4 (permalink)
 
MiniP's Avatar
 MiniP 
USA,USA
Market Wizard
 
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kctpac View Post
I am in need of a new computer. Does anyone use a iMac for trading ifso what specs do you have? Thank you

what do you need the computer to do?

-P

"Truth is not what you want it to be; it is what it is, and you must bend to its power or live a lie"-Miyamoto Musashi
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  #5 (permalink)
 kctpac 
Auburn ma
 
Experience: Intermediate
Platform: Td Ameritrade
Trading: es
Posts: 23 since Jan 2011
Thanks Given: 30
Thanks Received: 9

I am replacing an old PC that I want to trade with and other home use.

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  #6 (permalink)
 
MiniP's Avatar
 MiniP 
USA,USA
Market Wizard
 
Experience: Intermediate
Platform: NinjaTrader
Broker: NinjaTrader Brokerage
Trading: ES,
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kctpac View Post
I am replacing an old PC that I want to trade with and other home use.

okay but what are you running, are you running algos do you use a ton of indicators do you need to have 50 charts open at once how many screens, do you see all the questions you need to ask your self? I personally buy refurbished computers and tweak them to what I need.

-P

"Truth is not what you want it to be; it is what it is, and you must bend to its power or live a lie"-Miyamoto Musashi
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  #7 (permalink)
 kctpac 
Auburn ma
 
Experience: Intermediate
Platform: Td Ameritrade
Trading: es
Posts: 23 since Jan 2011
Thanks Given: 30
Thanks Received: 9

I am a newbie. Dont know what Algos are available out there. Can you enlighten me ?

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  #8 (permalink)
 
MiniP's Avatar
 MiniP 
USA,USA
Market Wizard
 
Experience: Intermediate
Platform: NinjaTrader
Broker: NinjaTrader Brokerage
Trading: ES,
Posts: 1,157 since May 2017
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kctpac View Post
I am a newbie. Dont know what Algos are available out there. Can you enlighten me ?

my suggestion would be to trade with what ever you currently have and save your money for market education or funding your account.


-P

"Truth is not what you want it to be; it is what it is, and you must bend to its power or live a lie"-Miyamoto Musashi
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  #9 (permalink)
 carofa 
Tallinn Estonia
 
Experience: Master
Platform: MT5,MT4
Broker: FP markets
Trading: Forex
Posts: 42 since Dec 2018
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Thanks Received: 50

save the money ! start with Demo accounts because 80 Percent are loosing money !!!

purchase a normal cheap PC and spend the money for subscribing to an automated signals from traders with
a long trading history . This way I learned a lot about trading .

Most cheap Brokers are afraid of US Customer because of News like this : "A US Court has ordered Tallinex Ltd., an Estonian company, licensed in St. Vincent and the Grenadines to pay 10,289,391 USD in restitution to U.S. Customers, as well as a 681,888 USD civil penalty, the U.S. Commodity Futures Trading Commission (CFTC) says."
https://www.forexbrokerz.com/news/estonian-fx-broker-tallinex-ordered-to-pay-back-10-million-usd-to-us-citizens

So if you are not in the US the Trader world looks different! (and your VPS Server is anyway in New York)

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  #10 (permalink)
 thadolius 
Idaho Falls, Idaho / USA
 
Experience: Intermediate
Platform: NinjaTrader
Trading: ES
Posts: 6 since Jul 2013
Thanks Given: 74
Thanks Received: 1


While I don't use an iMac, I have been using an older 15" macBookPro with retina display and a 2.4GHz i7 chip(early 2013). I run it as a dual boot machine with the 256GB SSD split in half, running Win 7 Pro in the BootCamp partition using NinjaTrader 8 as the trading platform. It is hard wired to my router during trading hours. I run it as a hot standby for my main trading computer or trade from it when I'm traveling. The performance over wifi is suboptimal due to the vastly higher latency, but my workaround is using MIT entries & exits to ensure fills at the expense of more slippage.

On the mac side, I'm running Mojave (mac OS 10.14.3). The 256GB drive is a bit small to split in half & have a reasonable amount of room for lots of stuff, but a 128GB SD card works well as a home most user files. My MBP is getting close to end-of-life, so I'll be looking for a replacement later this year

I know of a guy in Germany who is using a mac Pro with an 8-core Xeon with the whole SSD dedicated to Windows so he can run NinjaTrader 8. Apparently, it's a very fast PC running in Windows mode & with the dual AMD graphics cards he can run twin 4K TVs as monitors.

Currently, my $ would be on the 27" iMac Pro with the 16-core Xeon W chip & as much ram & SSD as you can afford. The 5K display is outstanding when I saw it at the ABQ Apple store in New Mexico.

Best wishes finding a factory refurb to your specifications.

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