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Author Topic: Mobile phone vs. laptop vs. tab...what's your preferred device for day trading?  (Read 515 times)
Fatunad
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August 19, 2021, 05:07:54 PM
 #41

Note: Question is SPECIFICALLY to experienced day traders who have been day trading for several years and spend AT LEAST four hours a day trading.
Atleast this kind of multi screen setup will be there when someone successfully day trading for years

~

And when someone is day trading they have to look into the analysis all the time so small screen will be a bit annoying thing for them.
You would once realize these when you are already aware on how this market works and you would surely be finding out on what are the things needed for you to get comfortable towards your trading career.
When you don't know on what you are doing then having those multiple screens would really be irrelevant.If you are not a daytrader then those kind of set-up wouldnt really be that much needed
but when you are really making out some trades on active basis then you would really be needing this if you do know on how to maximize or making yourself efficient.
It would really be according to needs since we are totally different to each other.

R


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August 19, 2021, 05:49:05 PM
 #42

Note: Question is SPECIFICALLY to experienced day traders who have been day trading for several years and spend AT LEAST four hours a day trading.
Atleast this kind of multi screen setup will be there when someone successfully day trading for years

~

And when someone is day trading they have to look into the analysis all the time so small screen will be a bit annoying thing for them.
You would once realize these when you are already aware on how this market works and you would surely be finding out on what are the things needed for you to get comfortable towards your trading career.
When you don't know on what you are doing then having those multiple screens would really be irrelevant.If you are not a daytrader then those kind of set-up wouldnt really be that much needed
but when you are really making out some trades on active basis then you would really be needing this if you do know on how to maximize or making yourself efficient.
It would really be according to needs since we are totally different to each other.
I didn't mention this is for the beginners but OP said when you sre day trading for years then what you will prefer then ofcourse proper setup is indeed. And I won't recommend the day trading if someone actually don't have the deep knowledge about analysis since they can lose all the profits they made in a day or months with single bad trade.
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August 19, 2021, 07:35:02 PM
 #43

My main trading tool is still a Desktop Pc, because everything can be done in front of a Desktop PC. If you only use a smartphone or tablet the work will be limited. The analysis will be limited and it will be more difficult.

More secure and free to use a Desktop PC. Every day I spend about 4 hours doing analysis in front of a desktop PC. Cell phones and tablets are only portable devices to check the market and do some entry if you are outside the house.
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August 20, 2021, 07:42:20 AM
 #44

Note: Question is SPECIFICALLY to experienced day traders who have been day trading for several years and spend AT LEAST four hours a day trading.

If you're day trading full time and you have all the time in the world for it...and you can only choose one of those devices, which would you choose...and most importantly, why that one instead of the others?
I will go for a laptop because it saves me the time for unnecessary back testing. Using Android will require back testing to see if price action has obeyed the set-up I'm about to trade which will require me to trade and most times even after the back testing the picture might still not dispi clearly. But with a laptop I can instantly view view previous price action just in one glance
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August 20, 2021, 07:53:53 AM
 #45

Note: Question is SPECIFICALLY to experienced day traders who have been day trading for several years and spend AT LEAST four hours a day trading.

If you're day trading full time and you have all the time in the world for it...and you can only choose one of those devices, which would you choose...and most importantly, why that one instead of the others?

Tab or Laptop will be the best as compared to mobile phone. The thing is the display screen of the tab or laptop is huge compared to the phone. We should analysis the market well with the good display or bigger display. Myself choose the laptop and not tab. Every person will have his own opinion on this.

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August 20, 2021, 08:58:05 AM
 #46

Atleast this kind of multi screen setup will be there when someone successfully day trading for years



And when someone is day trading they have to look into the analysis all the time so small screen will be a bit annoying thing for them.
This setup is the typical setup for the day traders. But I think if you're just starting out, you can use your other device as long as they've got a bigger screen like the tablets and laptops will do too.
Analysis for some time in a day and I think you're good at doing that within a few hours. Doing that all the time will make you lose your time for doing other things but at least you get to do that within a few hours

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August 20, 2021, 09:03:41 AM
 #47

Note: Question is SPECIFICALLY to experienced day traders who have been day trading for several years and spend AT LEAST four hours a day trading.

If you're day trading full time and you have all the time in the world for it...and you can only choose one of those devices, which would you choose...and most importantly, why that one instead of the others?
I will go for a laptop because it saves me the time for unnecessary back testing. Using Android will require back testing to see if price action has obeyed the set-up I'm about to trade which will require me to trade and most times even after the back testing the picture might still not dispi clearly. But with a laptop I can instantly view view previous price action just in one glance

The speed of visible was high in laptop as compared to phone and tab. The reason behind is Windows OS and it had huge processor. Which is not available in the android based tab or mobile. The transaction is also fast in laptop as compared to the phone. So use the laptops for better trading experience.

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August 20, 2021, 02:10:54 PM
 #48

Mobile, Tablet and Desktop all is good for Trading, but main things is knowledge. Still many traders use smartphone for trading but it is correct that have many advantage for using desktop. We can see all feature of Exchange, Trading chart, buy/sell order, history and also more with clearly.      
in anywhere mobile can be easily carried to everyone, and mostly people using smart phone. and all of exchangers has developed apps for mobile users. even i am started my first trading in binance apps (when i have not desktop/laptop), it's easy accessible in mobile phone.
  
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August 20, 2021, 02:22:06 PM
 #49

Among the three, laptops are more convenient for day trading because of the ease of access to different tools in the charts.
Laptops and Desktop PCs are used most often for technical analysis. Bigger screens give more information about the assets.
More information gives a better understanding about the price action. Phone and tablets are only used when the person doesn't have access to his system.

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August 20, 2021, 02:29:59 PM
 #50

My main trading tool is still a Desktop Pc, because everything can be done in front of a Desktop PC. If you only use a smartphone or tablet the work will be limited. The analysis will be limited and it will be more difficult.

More secure and free to use a Desktop PC. Every day I spend about 4 hours doing analysis in front of a desktop PC. Cell phones and tablets are only portable devices to check the market and do some entry if you are outside the house.
That's the best choice I agree because most exchanges have their complete features in one place or page in PC because they have more spaces to fill in compared to a computer that doesn't have any of that and has to move it to different page or buttons just to fit it in or worse make a shortcut of it in the least visible part of the page which leads to confusion from people who transitioned from PC to phone.
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August 20, 2021, 02:49:55 PM
 #51

Note: Question is SPECIFICALLY to experienced day traders who have been day trading for several years and spend AT LEAST four hours a day trading.

If you're day trading full time and you have all the time in the world for it...and you can only choose one of those devices, which would you choose...and most importantly, why that one instead of the others?
I will go for a laptop because it saves me the time for unnecessary back testing. Using Android will require back testing to see if price action has obeyed the set-up I'm about to trade which will require me to trade and most times even after the back testing the picture might still not dispi clearly. But with a laptop I can instantly view view previous price action just in one glance

The speed of visible was high in laptop as compared to phone and tab. The reason behind is Windows OS and it had huge processor. Which is not available in the android based tab or mobile. The transaction is also fast in laptop as compared to the phone. So use the laptops for better trading experience.
Each device will have advantages and disadvantages and whether what devices you will use to trade, you should know it because only you will know which devices can give you easiness and comfortable to trade. I like to trade using a personal computer or laptop, but if I am going out and not carrying my laptop, I use my mobile phone to trade and so far, that works best for me, and I do not have a problem using mobile phones. That will depend on how you trade and where you want to trade to know what devices will help you trade.



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August 20, 2021, 11:39:28 PM
 #52

As far as I know (from my friends who are day-traders), while I am not a full day-trade(I personally will use a laptop at home and mobile phone when outside)..
They will use several devices of the monitor and also laptop. But at least, that day-trader will use more than one device.
Commonly they will have a bigger monitor in order to monitor and measure price movements, charts, and also various indicators that have been set.
ANd they will also use another device (computer or laptop also to do something else and other analysis.

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August 21, 2021, 01:43:00 AM
 #53

I'm not a full time day trader, but if i were to be, i'd definitely prefer a big monitor screen for my analysis when i am sited comfortably at my home or in the office and then a tab or Mobile phone when i'm on the go. In other words, my preference changes depends on my current location and activity.

Because real time monitoring is needed in day trading, i consider all devices important to be successful at it.

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August 21, 2021, 02:50:19 AM
 #54

Day trading needs a focused and convenient environment.

As much as possible, always choose the better gadget for this and that's Laptop or Desktop Computer.

But overall, it's still by preference. There are traders who are used to day trade on their mobile although I doubt there are lots of them.

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August 21, 2021, 06:14:15 AM
 #55

I do daily trade mostly in my mobile, it was two years i do this since the mobile app are easy to used, before it i used my PC.
This is actually about preferency and comfortable think, i still use my PC sometimes when i need to draw and do deep analyse, after that i usually execute and monitor my trade in mobile.
Because cryptocurrencies is dinamic, I think it is more suitable for using mobile for daily trade activities.
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August 21, 2021, 06:01:12 PM
 #56

Personally, I do hold the belief that the bigger the screen, the better the trading view and this ultimately leads to a better trading experience.
Although, I prefer to have a bigger screen such as connecting a television to my laptop for my trades, I'd stick to a laptop since the options are limited to just three gadgets.
A bigger screen makes it easier to navigate about and not make unnecessary mistakes

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August 21, 2021, 07:12:33 PM
 #57

I don't do dedicated trading (100%) but I can answer ...

The important thing here is which is the best tool according to your occupations and in that sense the cell phone is a powerful tool (or tablet) because due to its portability they are used even in the bathroom ...

Trying to understand what it means to have all the time to dedicate to trading, there is no preferred one, I would use all three, in fact it is so.

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August 22, 2021, 02:41:09 AM
 #58

I have it on my PC and on my smartphone, I am currently just following the market, but I really like the Binance app, in fact it is much faster on my PC than entering through the browser, I feel that it is much faster.

For traders who do scalping, it is best to have the app everywhere, on the pc, laptop, on tablets, and on the phone, it is essential for them to be aware, in my case it is different because I trade in the medium and long term , and when I want more comfort I go to Bitfinex which also places my order with stop loss and take profit there. I do this for sheer convenience, because I like to have peace of mind and not be aware of the market every minute as some traders do.

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August 22, 2021, 03:50:33 AM
 #59

I personally prefer to use a laptop for daily trading, because in my opinion it is clearer to see the candle that is formed so that it can be easier to determine support and resistance. and usually with a mobile phone I can monitor market movements whether they are in the analysis area or not, so I can travel anywhere

Laptop are indeed the most comfortable to use for daily trading, I like you prefer to use a laptop compared to other devices. Because it requires
a clear display to be able to read the coin price movement chart, with a laptop screen that is large enough to be very comfortable in reading graphs.
For trading, supporting factors are also needed regarding information on the development of the crypto world every day, and very comfortable
reading articles related to the crypto world on a laptop.

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August 22, 2021, 04:29:16 AM
 #60

If you're day trading full time and you have all the time in the world for it...and you can only choose one of those devices, which would you choose...and most importantly, why that one instead of the others?

I haven't day traded for hours in a long time but still I make use of my laptop anytime I want to trade, laptop makes your analysis limitless. The views from the chart would be bolder and clearer. The mobile screem is small compared to that of your desktop or laptop so they'll be more preferable options.

My Mobile could be used to just stay updated with the market using my app that's if I need to do some other stuffs that'll involved me leaving my desktop for some seconds.

Secondly for the security reasons I'll still have to go with my laptop as my mobile is used to access more unsecured sites compared to my laptops. For example my social medias platforms, gaming platforms etc are all access with my mobile so just to stay security cautious with addition to other benefit of using a larger scream, my laptop has to be my go to option.

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