Trading with various types of assets like shares, stocks, bonds, and digital currencies is one of the best ways to secure long-term profit and save the value of your assets. While the main processes are not changing, the way how people trade has changed significantly in recent years. The main reason for that is related to the development of new technologies. There is no need to contact your broker by using the phone or other sorts of communication when you can use digital platforms for that.
One of the most important things in this process is to check the statistics all the time. In case you want to use your mobile device for that, it could be a problem because you won’t be able to analyze so much data in a short time. Therefore, you will need a good laptop or desktop PC. If you need a good device for trading, the best option is to check Flacon Trading Computers by visiting falcontradingsystems.com. Here are the specs you should look for.
Is it Necessary to Have a High-End PC?
It is a common misconception that you can use any sort of device for these processes since they are not so complicated. However, while you don’t need a beast that is required for the most recent video games, having a good PC will make a difference since there are so much data to process and analyze all the time.
Therefore, you should focus on getting the right hardware, especially when it comes to processor, RAM, graphics card, and memory. Your budget represents a huge factor in the selection. When it comes to processors, you can get a decent one even with a tight budget. However, using a laptop that is several years old and has an average i5 processor might face some lags and other issues.
If you want to secure the best performances, the right choice would be to invest in a more recent i7 processor with at least 10 cores. The average RAM in most devices that we can find these days is 8 GB, which would be enough. However, you will gain much more power by adding the additional 8 GB.
Most people interested in trading would rather choose a laptop instead of a PC because they can carry it around and complete tasks on the go. However, the common issue with laptops is that they often have lower specs when compared to PC, especially in terms of the graphics card. Many devices come with an integrated video card even though some of them cost a lot of money.
There are a lot of $1,000+ models that don’t have a decent graphics card. On the other side, these cards can be very expensive, especially when it comes to models that can support the most recent video games. However, you don’t need anything extraordinary. Instead of that, an average device will provide you with the required performance.
For example, a GTX 1070 from NVidia is a great choice since it is priced at around $350, while it will perform perfectly when you are using trading software. You can find a laptop with all the required features for under $1,000. However, this price will give you only average results.
The next thing to pay attention to is memory. You will need enough storage to keep your data and secure the proper functions of the system. In that matter, the best solution is to install SSD memory or get a PC that has one. Also, the software can process a lot of data in a short time, which can lead to increased heating, which means that you will need a proper cooler as well.
The key features that you must secure are speed, security, and reliability. Also, you will have to analyze a lot of information, which means that those smaller laptops with screen sizes of 14″ or 13.3″ are not the best options.
However, you can keep them home and add a screen. Moreover, while MacBook is known for good performance, it is not the best for these processes. If you want to have more than one screen, you don’t need more than two as well since that can only mess with your focus. Therefore, the perfect number of monitors is two.
What Are the Best Models?
This is one of the best desktop devices that you can get for trading. It has amazing specs which make it perfect for many other things like playing video games, creating content in various software like Photoshop, Illustrator, and more. The processor is the latest i9 with 12 cores. When it comes to RAM, the standard version has 32 GB, but you can upgrade it up to 128 GB. If you are looking to get more memory, the storage can be upgraded to 2 TB of SSD.
Moreover, you can connect three screens with the basic model, but there are available upgrades where you can add up to 12 monitors. That is perfect for those trading on different markets every day. The price is around $2,000. Moreover, if you are looking for something more affordable, you should check the model P-32.
In case you prefer having a laptop so you can carry it with you all the time, this is one of the models you can find on the market today. It has amazing characteristics like the i7 processor with 8 cores, up to 64 GB of RAM (Random Access Memory), a decent storage of 500 GB SSD, and a bigger screen.
Also, we have to mention the excellent graphics card, the model RTX 3070, which is one of the best on the market. Moreover, you can also connect several screens to it when you are at home. The value of this model is around $3,400. There are more affordable versions as well, like F-22, F-15, and F-10.
The Bottom Line
As you can see, you can choose between desktop and laptop configurations as long as they have the right hardware. The key factors that could affect your trading are the quality of the processor, memory, and the type of graphics installed.