Perhaps you’re thinking of launching into home trading? Then again, you could already be a trader and you’re considering increasing the number of monitors you’re working with. The question is how much do the tools really make a difference to your success? Is a 6 monitor setup worth it? Then again, a lot lies in the type of computer you have. Check out Trading Computers to give you an idea of how much faster and reliable your main work component could be. That’s the difference for exceptional trading.
How a 6 Monitor Setup can Make a Better Trader
People often ask how many monitors they need to up their trading game. The short answer is that it depends. Everyone has a different approach so it becomes a very personal choice. Having said that, there are definite advantages to having a 6 monitor setup, regardless of Mac or Windows 10, as described below:
- Extra space to track trends
- Optimum multi-monitor setup
- Ergonomics balanced with space
- Ultrawide versus multi-monitor approach
Extra space to track trends
Traders need lots of space to track various price fluctuations, news articles, and financial reports. If you’re a trader then you’ll also be following your trading tools and software platforms. Furthermore, depending on what type of trader you are then you’ll be tracking hourly, daily, or even in chunks of 15 minutes. Scalpers actually track across minutes and seconds. If that’s you then you’ll definitely benefit from a 6 monitor setup.
Essentially, having a multi-monitor setup allows you to arrange all your charts and graphs so that you can easily view everything at once. You don’t have to look for your mouse or click through the various charts across your display units. All these thanks to your awesome graphics card but more on that later.
Optimum multi-monitor setup
Now the question could be whether you should go for two, three or 6 monitors. If you’re new to this then it’s often helpful to start with two or three and build up from there as you get used to the equipment. Having said that, some traders go up to as many as 20 monitors.
A good approach though is to plan how many charts and graphs you think you need to track. Most monitors can easily show four charts across their display so you can work out the math. For example, you would be comfortable viewing 12 charts across three monitor display units.
Ergonomics balanced with space
Another point to bear in mind with a multiple monitor setup is your ergonomics. This basically refers to how much twisting and straining you’ll need to do to view everything comfortably from your seat. For instance, having too large a multi-monitor setup could be awkward for your neck or shoulders. That’s also why it’s useful to start with two or three and build up gradually.
Ultrawide versus multi-monitor approach
You might now also be wondering whether the ultrawide monitor screens are worth having. Some of these are curved which could be something you prefer. Moreover, you might find that you strain your eyes less with a curved screen. Although, bear in mind that the screens are heavier and more difficult to mount with less flexibility of movement. Therefore, it’s really down to your own personal choice. Having said that, most traders do seem to prefer a normal multi-monitor setup especially because the edges are a useful cut-off point between the charts.
Trading Requirements for Ultimate 6 Monitor Setup
As a trader, it’s not just about your multi-monitor setup. You also need the right equipment to deal with all those monitors as detailed below:
- Laptop versus desktop
- Integrated graphics cards
- Monitor Resolution
Laptop versus desktop
These days, both laptops and computers can deal with a 6 monitor setup although you might want to double-check the specifications. Essentially, you’ll need to make sure you have an integrated graphics card, a good amount of RAM, and CPU power. Generally, a RAM of 16GB or 32GB is preferable with a CPU of around 4GHz.
Most computers use AMD or Intel chips for their processing power. You’ll also see them specified with their number of cores. These essentially allow the computer to process information simultaneously, making it more effective.
Integrated graphics cards
A graphics card is what makes the images come up accurately on your display. They’re very important for traders because the more power they have then the more quickly they can update the charts. This hardware is sometimes referred to as a video card and it can also be externally mounted. That’s usually something that gamers do as they need even more power but you’ll find that trading computers have you covered when it comes to graphics card processing power. In those cases, you’ll often see the top brands such as Radeon and NVIDIA.
Whether you have a 6 monitor setup or have settled with three or four, you’ll need good resolution. A good rule of thumb here is to go for a screen resolution of 1920 x 1080p or higher. That means having a 23 or 24-inch screen size.
Final Thoughts on Becoming a Better Trader with a 6 Monitor Setup
Like many things in life, the optimum number of screens you use for trading depends on your preferences and trading focus. A good starting point is to plan how many charts you need and assume that each monitor display holds four. From there, you can calculate your ideal multi-monitor setup. Then again, make sure you have the right computer to support your screens with sufficient RAM, CPU, and graphics card processing power. After that, it’s up to you to make the equipment work for you and your trading strategy.