The modern art of trading has become one of the most profitable ways of making a profit. If you intend on specializing in online trading, you must build a computer that will perform well. The usage of other devices such as tablets or smartphones is simply not sufficient. A powerful trading computer will allow you to multitask and monitor several graphs at once.
Considering that you’re probably new to building computers, you’ll need a guide on how to do it properly. There is an option which involves purchasing a ready-made computer. However, that is not advisable as most of these pre-built computers do not perform well. The reason for that is the general amount of data that gets processed. You have to combine several high-end components and ensure that they are compatible. Here are some tips on how you can achieve just that.
RAM and Processor
The first thing to take into account is definitely the processor. It is the most important component as it is the one in charge of calculating everything. Understandably, the quality of the processor solely depends on your budget. If you’re not willing and able to spend more, you can opt for an Intel i5 or i7 processor. There are several variations of these processors with 4 and 6 processing cores. Even though they are not the best on the market, they can do the job.
On the other hand, if you want the best of the best, try purchasing an Intel Core i7-6950x – a processor with 10 cores.
As far as RAM (Random Access Memory) is concerned, anything ranging from 8gb to 16gb will suffice.
As mentioned, there are a lot of pre-built computers that usually come with integrated graphics cards. These might work with casual computer use because they can easily process images and video files. However, in trading, this is simply not enough. You will need to install an external video card with enough power to support the trading software. One major difference between the two is that integrated cards do not support multiple monitor use.
When it comes to quality, NVIDIA and AMD are the best manufacturing companies currently on the market. Your graphics card does not have to be top-notch. You can opt for some of the more budget-oriented cards. These are some examples:
- GeForce GT 720
- EVGA GeForce GTX 1070
- EVGA GeForce GT 740 (Superclocked)
- PNY Quadro K620
- Nvidia Quadro K1200
Storage Drive and Cooler
Hard drives also play an important part. The amount of digital information that you can store depends on what hard drive you purchase. There are two options regarding your storage. You can either buy an HDD (typical hard disk drive) or SSD (solid state drive). In comparison to HDDs, SSDs have faster performance. The reason for that is because their chips do not contain moving parts. That ensures faster data writing and reading. In regular computer use, they are used for system files in order to ensure that everything runs smoothly. It is similar to online trading. You will need an SSD to use it as your primary drive. Everything else can be stored on the regular HDD.
The only way to prevent your processor from overheating is by purchasing a good cooler. The best budget-friendly one is definitely Cooler Master Hyper 212 EVO. There are far more expensive coolers on the market (such as liquid coolers). However, that would just be a waste of money. Less expensive coolers will do the job just fine.
Serious trading and high-end computers basically go hand in hand. If you’re getting into trading, then you really need to invest in a decent machine. The most optimal configuration would have a processor with 6 cores, 16GB of RAM, and a 4K graphics card. Make sure that the graphics card supports the use of multiple monitors. As far as the hard drive is concerned, purchase an SSD as your main drive, and HDD as your storage one. Finally, a cooler should have at least two fans to ensure that nothing overheats.