The modern trader has much more freedom when it comes to choosing the kind of mode they will use for the trade. It is possible to choose the location of work, the time of work and even the kind of machines to use. This is why you can spot people working on some form of charts on laptops, desktops or even smartphones anywhere and at any time. But what kind of machine is the best for trading? This question is almost always accurately answered by the individual trader. If you are not acquainted with the trade, however, you might need some help to make the right conclusion. We will specifically focus on desktops and laptops in this piece in a bid to answer the question.
The first thing that you should ask yourself is – how much power do you need to trade? This question is important because there is a difference in power between laptops and desktops. For laptops, you are limited to the type of device that you choose. If it comes with a specific kind of processor, storage or RAM, you are more likely to stick with it regardless of how much power you need. This is not the same case with desktops. The average power that a laptop packs is also smaller compared to the average desktop. For desktops, you can get the highest level of power in the market because computer technology is much more advanced for the bigger machines. Desktops also allow you to add various components easily in case you need to upgrade. If your focus is power, therefore, then you might incline towards desktops. But this is a simplistic view of the market. Let us analyze the benefits of each type of machine.
The Benefits of A Desktop Machine
As a general rule, the desktop is the go-to choice for every trader. This is because desktop machines pack enough power to do just about anything in the trading realm. The machines are also suitable for the office setup and they provide top-notch performance and comfort. Other than that, the desktop is the ideal machine for:
- Space allowance for future upgrades and improvements
- Turbocharging capabilities
In short, desktop machines are not just designed with enough space to add various add-ons like extra video cards, RAMs, processors and other things; but they are also capable of achieving top speed with turbocharging. The desktop is thus the ideal machine you should be thinking of when pondering about your spread-trading and general market strategy execution. Using the latest indicators and algorithms has a huge impact on memory. Even the latest laptop machines would thus struggle with some issues that a desktop wouldn’t.
The Benefits of A Laptop Machine
Even though desktops have clear advantages over laptops, it does not mean that laptops are completely pointless. The fact is that even smartphones can be used in the trading business. For laptops, the issues of convenience are the most important. Sometimes, it is just not possible to sit on the usual desk to do all the trading chores. The seasons, commitments and even finances can play a big part in necessitating a laptop for the trade. Traveling is especially a tasking affair, and you simply cannot take your desktop with you on your travels. You are thus better off with a high-powered laptop that has the right specs. Here are some of the specifications you should consider when choosing a laptop:
- An appropriate screen size – preferably 15 to 17 inches
- Sufficient USB ports for extra connections
- The latest generation of processor
- At least 16GB of RAM
As you might have noticed, the emphasis on speed and power is crucial. Whether you are choosing a desktop machine or laptop, there are simply some options that cannot make the cut. At the end of the day, a powerful laptop that has just the right features can easily beat an average desktop. The best thing to do therefore is to go for the best features that you can manage to get in the market. New algorithms are always popping up in the trading business and you need to be prepared to handle them with a machine that checks the necessary benchmarks.