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Author Topic: Equipment for trading  (Read 1002 times)
Monkeydonkey99 (OP)
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November 18, 2017, 02:14:46 PM
 #1

Hey people,

Just wanted to know which set up is the best for trading, because i need to get a new laptop and really thinking about going for a macbook.
Trading is not possible with a Ipad Pro.

Thanks a lot in advance!

Greetings
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DaMut
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November 18, 2017, 02:40:54 PM
 #2

i never think about it because in my opinion everything is the best trading equipment as long as it can connect to the internet.
as a traders the most important thing that we must have is connection,
we need a stable connection because we will use it to read live charts.
other than that we need it to make an orders for every trade that we make.
for example right now,
i am using Samsung Tab 3v,and you know it,right ?
it's a smartphone created in 2015ish,i made a lot trade using that thing and so far so good.
equipment is not the problem but the connection is.

how about buying an ordinary thing and use the rest for your capital for trade ?

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kotajikikox
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November 18, 2017, 02:51:37 PM
 #3

you can decide to yourself where are you compatable to use of any gadget for your trading activity, for me not in the equipment to get earn profits in the trading you need to use your strategy and skills for your trading investment.

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November 18, 2017, 02:52:42 PM
 #4

Anything can work for trading. Just make sure that you have a clean machine without any virus that can potentially compromise your login accounts and can cost you your entire trading money. Any machine will do fine as long as it can handle browsing and loads of Chrome tabs so you need to invest on RAM and a fast processor as well. The rest may just go on your bankroll.

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jhenfelipe
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November 18, 2017, 11:04:06 PM
 #5

Device brand/model or OS doesn't matter as long as it can be connected to the internet, you can browse the exchanges/wallets well and is convenient for you to use. It's up to you, just choose what suits you well.

BTW, I've seen several traders using a macbook and they seem to use it without a problem.
mackstuart
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November 18, 2017, 11:11:30 PM
 #6

Yeah it is impossible to trade using an iPad or any of those android devices similiar to the ipads, because you can just touch on a wrong button and you messed it up buying with a different amount of money, or maybe you dump all your coins for dust.
So better to use a laptop, a macbook is not necessary because it is very expensive, i would never buy one of them because it is more than $2000 a simple one of them here in my country, so i prefer to buy a cheap one, but you dont need a lot of requirements in order to start trading, only the basic things.

HasHe
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November 19, 2017, 06:31:28 AM
 #7

Just a laptop and an internet connection either in the form of data card or broadband connection will do.Select te network which offers high speed internet and also confirm that it does not gets link some times because you might be in a crucial stage to take a decision of either selling or buying coins.If internet gets stuck in that stage,then you would be helpless and would either face a loss or lose a good earning opportunity.I have come across such situations earlier.So,better keep this point in mind.
Landagert
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November 19, 2017, 06:36:45 AM
 #8

The most important equipment for a day trader is its internet connection, because a day trader worries of the price fluctuation over a short period of time, hour, minute and even second.

A good laptop or PC is also a necessary, but you no need to invest much on that, because a $250 laptop is sufficient.

Going for $1600 laptop, would not make any different 

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November 19, 2017, 10:00:50 AM
 #9

If you want to be a day trader, then a PC is suitable for it because you have to see many charts, information about altcoins. If you just a holder, then use iphone or ipad is enough because you just have to buy and do nothing more.  Grin

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krauzzer02
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November 19, 2017, 10:07:29 AM
 #10

Hey people,

Just wanted to know which set up is the best for trading, because i need to get a new laptop and really thinking about going for a macbook.
Trading is not possible with a Ipad Pro.

Thanks a lot in advance!

Greetings

Exchanges sites like Bittrex or Poloniex lag a bit to my PC sometimes the Browser is not responding at all loosing great opportunities to trade to a certain coin because i have a crappy core 2 duo system so my advice was to go for decent laptop with a stable internet connection go for mac book if you have a budget to afford it, for Ipad pro or even Android phone i think it is not possible because the price movement is not good for real time monitoring, you need to refresh to look for an update which is not convenient i tried it on chrome android version so it's not possible.
Shishir99
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November 19, 2017, 10:11:53 AM
 #11

Hey people,

Just wanted to know which set up is the best for trading, because i need to get a new laptop and really thinking about going for a macbook.
Trading is not possible with a Ipad Pro.

Thanks a lot in advance!

Greetings

I think laptop is better that mobile device for trading.
Because some exchanges do lagging in mobile device.
And you can also use tradingview or coinigy very smoothly for technical analysis on laptop.

xantor
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November 19, 2017, 10:38:52 AM
 #12

When u find that u r spending more time trading, u should set urself up with a multi display trading station.

It's easy to get a couples extra monitors and mount them up on display racks to either side of ur main display screen.

U might even find alternative use for them such as watching vids, live feed from ur cctv system, or multi display gaming Smiley

Benefits:

Additional display real estate so u can have more charts for visual reference

such as . charts from other exchanges
charts of other coins u like
feeds from sources like twitter, slack, telegram, etc

happy trading! Smiley
lelou
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November 19, 2017, 10:52:20 AM
 #13

I am trading with my Ipad air 2. some website are laggy but most of the big trading platform are working fine and smooth. You dont need such high-tech device for trading, all you need is a balance and knowledge in trafing.
satria33
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November 19, 2017, 10:55:30 AM
 #14

Hey people,

Just wanted to know which set up is the best for trading, because i need to get a new laptop and really thinking about going for a macbook.
Trading is not possible with a Ipad Pro.

Thanks a lot in advance!

Greetings


You can use anything like laptop (with minimal spec), maybe you use smartphone   Wink
Kimliyo0107
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November 20, 2017, 04:52:49 AM
 #15

the first thing that you need is you need a computer with internet access, so you need a computer with internet access and this is so you can execute your trades so that way you can see what's going on with the prices, what's going on with the stock or how’s the chart moving.
xenxen
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November 20, 2017, 05:47:01 AM
 #16

equipment is not important high ram and fast internet conection is enough. the important equipment is your strategy and skills to trade and knowledge l..

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pooya87
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November 20, 2017, 06:23:21 AM
 #17

you don't really need any special equipment for trading. you can do it with any old computer which has a browser and with the slowest internet connection you can find! you just do the traditional way of trading, you buy things low and then sell them higher a while later.
you can even do it on your cell phone!

the stronger hardware is only needed if you want to use special strategies, like high frequency trading (i don't know most of their names in English though),... for these you need a normal computer with the least amount of Ram and a normal CPU but the important thing is your internet connection which needs to have low latency. you need to get the data fast and send it back fast (executing orders for example). but that is not a necessity for trading or making profit in this market.

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nydiacaskey01
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November 20, 2017, 06:27:23 AM
 #18

Hey people,

Just wanted to know which set up is the best for trading, because i need to get a new laptop and really thinking about going for a macbook.
Trading is not possible with a Ipad Pro.

Thanks a lot in advance!

Greetings

If you plan to be a day trader that requires you to monitor you investment most of the time, get a good desktop and a fast internet connection. time is important with day traders. But if you plan to trade long term, a decent laptop will do and a good Wifi connection is fine, you can even go with a tablet or ipad since after you buy, youll check check the price from time to time with no rush of selling right away.
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November 20, 2017, 06:53:31 AM
 #19

the first thing that you need is you need a computer with internet access, so you need a computer with internet access and this is so you can execute your trades so that way you can see what's going on with the prices, what's going on with the stock or how’s the chart moving.

Yes, you need computer and internet access. But if can't afford PC its better good for laptop to use.there's no need high specification to do trading.its a good for begginers laptop and internet access. Good luck happy trading.
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November 20, 2017, 06:58:27 AM
 #20

I personally use a laptop. Allows me to  trade while on the go, and the screen is large enough to fit all of Bittrex's information.

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