In trading, timing is everything.
As day traders, our split second decisions ensure we get the best entry and exit prices. Of course you can have the best broker, best charts, best scanners, but it means nothing if you don’t have the best hardware.
Think of a race car. You wouldn’t get the best suspension, best tires, best transmission, only to put an old steam engine in. Heck no, it needs to run on a state of the art, fuel injected, turbo and tuned beast.
Your computer needs to be that power house engine giving you the performance required to trade optimally.
When building a day trading computer, consider these specifications to ensure optimal performance:
Having sufficient RAM is crucial for smooth multitasking and running trading software efficiently. We recommend having a minimum of 16 GB of RAM for day trading. This allows you to handle multiple applications, charts, and data streams simultaneously. If your budget allows, upgrading to 32 GB or even 64 GB will provide better performance, especially when expanding to a multi monitor setup.
The processor is the heart of your trading computer and plays a significant role in its overall speed and responsiveness. A processor with multiple cores and high clock speed is ideal. Look for at least a quad-core processor, such as an Intel Core i5 or i7, or an AMD Ryzen 5 or 7. These processors offer sufficient power for running trading software and handling real-time data feeds. If budget permits, consider upgrading to a higher-end processor like an Intel Core i9 or AMD Ryzen 9 for even better performance.
Storage is important for quick data access and efficient system performance. It’s recommended to use a solid-state drive (SSD) rather than a traditional hard disk drive (HDD). An SSD provides faster boot times, application loading, and data retrieval. Aim for a minimum of 250 GB SSD for your trading computer to accommodate the operating system, trading software, and data. Additional onboard storage is only needed if you are working locally with large datasets. Consider getting a higher capacity 1TB SSD or adding an external hard drive.
A good display setup is crucial for day trading as it allows you to analyze charts, monitor market data, and spot trading opportunities effectively. Consider the following factors for your display setup:
These specifications serve as general guidelines, and your specific build may vary depending on the complexity of the software you use and the money you want to spend. It’s always a good idea to check the system requirements of your preferred trading software before buying any components.