Day Trading For Dummies Part 2: Hardware To Get Started In Day Trading
After you've got your day trading starting capital (which I covered in Part 1 of Day Trading For Dummies), here's a quick summary of the hardware you'll need to be a successful day trader …
1. A trustworthy, stable business PC
Your day trading computer should either run Windows natively or else simulate the Windows environment well enough to run the day trading software you need (virtually all the good trading software is PC-only). You don't need the latest, greatest hardware because any standard "business" PC will be fine.
2. At least two monitors, perhaps even three
I highly recommend you get a second monitor attached to your system. You'll need to keep your chart(s) open on one screen while you do all your other computing work (surfing, emailing, writing, and so forth) on the main screen. Otherwise you'll go crazy by having to constantly pop the charting window up and down while trying to get anything else done. The end result in such a situation is that you won't get anything at all done well.
So get a second monitor (or even a third monitor). To support this, buy either a video card that will support two monitors simultaneously, or else a second (or third) one-monitor card. You don't need the high-end cards intended for gamers or video editors as your day trading graphics needs are very basic.
Such a setup will make your life as a day trader much, much easier.
3. A stable and reliable broadband Internet connection
If you're relying on dial-up or anything that's slow and/or prone to connection breakages to get onto the Internet, you must upgrade to something better. No exceptions!
Cable or DSL connections are generally sufficient in most areas, although some wireless connections will be good enough also if the underlying connection is fast and stable.
As long as it's fast and has at least 99% uptime, that's what you're aiming for.
About the Author
Find out more on this topic with a free professional traders e-course including 3 special reports and a 25 minute video. Click here...
Brian Heyliger is a successful futures day and swing trader who specializes in the e-mini S&P, Treasury Bond and other high-probability, high-profit markets.
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