gabbie2010
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August 27, 2023, 03:41:59 PM |
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Is it just for aesthetics? or does trading on a big screen have an effect on the outcome of your trade. I often see that professional traders have created a work space for themselves where they invest heavily into hardware and big monitor screens. So I wonder if trading on bigger monitor screen has a better effect on trading because I think that with the big screens a trader will be able to make better analysis. Is this my opinion correct or is there no special effect that trading on big screen has?
It's obvious full time experience traders with huge trading capital would definitely create a work space for effective trading, of course those multiple big screens would enable them to analyze multiple timeframes at a time while using one of the system for entry, however that doesn't mean small traders should must also utilize or opt for multiple screens or work station to trade, an Android phone with a small screen can also be used to trade that means the trader will switch to different timeframe or better still utilize TradingView which is a better platform alternative to mobile MT4 or MT5 platform because of it ability of using customized indicators.
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usekevin
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August 27, 2023, 04:05:09 PM |
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Is it just for aesthetics? or does trading on a big screen have an effect on the outcome of your trade. I often see that professional traders have created a work space for themselves where they invest heavily into hardware and big monitor screens. So I wonder if trading on bigger monitor screen has a better effect on trading because I think that with the big screens a trader will be able to make better analysis. Is this my opinion correct or is there no special effect that trading on big screen has?
The professional trader will create their own work place for the trading,it is more better option to trade in the systemic way.Then the trader can increase their limit in the trading by the systematic trade.The systematic trade will have many system to monitor the price of investing coins,it will have many number of employees to find the exact price of investment.The monitoring with big screen will help the trader to find the accurate value of investment and it made us to earn more profit as compared to normal trade.
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safar1980
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August 27, 2023, 05:53:46 PM |
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For me, a large monitor is 60 inches, but I have not seen traders with such monitors. The larger monitor size allows traders to view multiple charts, indicators, and other financial data at the same time, but all this does not require a large monitor. I am comfortable with 2 monitors of 24 inches, but since I do not trade every day, I watch movies and YouTube on the second monitor.
60 inches is surely too wide, it is not a proper size for trading. Yes, it is only appropriate used for viewing the charts or displaying certain data. But since it doesn't really needed, it is unnecessary to have 60 inches monitor. I think 14-15 inches are enough for trading, it is the standard/common size for laptop monitor. Or if we want to have a larger size, a computer with monitor 18-20 inches is enough. The laptop is used only on a trip, but constantly trading with a laptop is not very convenient. Some traders trade from the phone, but I don't understand them. For trading, I need to use a comfortable environment. It is ideal to use a widescreen LCD monitor or 2 standard monitors of 20-24 inches.
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AmoreJaz
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August 27, 2023, 09:44:59 PM Last edit: August 27, 2023, 09:55:55 PM by AmoreJaz |
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For me, a large monitor is 60 inches, but I have not seen traders with such monitors. The larger monitor size allows traders to view multiple charts, indicators, and other financial data at the same time, but all this does not require a large monitor. I am comfortable with 2 monitors of 24 inches, but since I do not trade every day, I watch movies and YouTube on the second monitor.
60 inches is surely too wide, it is not a proper size for trading. Yes, it is only appropriate used for viewing the charts or displaying certain data. But since it doesn't really needed, it is unnecessary to have 60 inches monitor. I think 14-15 inches are enough for trading, it is the standard/common size for laptop monitor. Or if we want to have a larger size, a computer with monitor 18-20 inches is enough. The laptop is used only on a trip, but constantly trading with a laptop is not very convenient. Some traders trade from the phone, but I don't understand them. For trading, I need to use a comfortable environment. It is ideal to use a widescreen LCD monitor or 2 standard monitors of 20-24 inches. i can agree with here. but laptop is more than enough to trade. but when it comes to using smartphone, i am also not very comfortable. but if you are mobile, this will do especially if you need to execute a trade and you can't wait. but if you have a wide screen, that would be better of course. however, do remember it is not owed to the screen why you will become a successful trader, it is the skills and experience that matters.
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nurilham
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August 27, 2023, 09:57:38 PM Last edit: August 27, 2023, 10:14:43 PM by nurilham |
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i can agree with here. but laptop is more than enough to trade. but when it comes to using smartphone, i am also not very comfortable. but if you are mobile, this will do especially if you need to execute a trade and you can't wait.
It is true. Laptop is enough, it has 15 inch of monitor. We can do anything with 15 inch, it is also comfortable size to see the chart view. I don't see any problem if we use laptop, it already has everything we need for trading. Moreover, laptop can be brought anywhere, it will make it easier to trade anywhere. We don't need to trade at home only. Sure, smartphone isn't quite comfortable for trading. The monitor size is very small and the processor is a bit slow. Yes, it can be an obstacle if we want to trade a coin quickly because we want to accumulate the profits immediately.
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savetheFORUM
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August 28, 2023, 06:53:23 PM |
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Is it just for aesthetics? or does trading on a big screen have an effect on the outcome of your trade. I often see that professional traders have created a work space for themselves where they invest heavily into hardware and big monitor screens. So I wonder if trading on bigger monitor screen has a better effect on trading because I think that with the big screens a trader will be able to make better analysis. Is this my opinion correct or is there no special effect that trading on big screen has?
A bigger monitor doesn't affect your trading activities or increase your chances of making better trades, it is just to have a better vision and be able to trade on a bigger screen just so that you can have bigger charts and figures and enjoy when you trade. One thing that might matter is the speed of your device but that doesn't have anything to do with the monitor or the screen size, better hardware configuration can increase the speed of your system and give you the ability to perform multiple tasks simultaneously without it getting heated up or stuck. Also, it just feels better and more comfortable to have your separate working space with a good setup, a high-end system with great configurations and settings, big monitors, and everything else that you think will make you feel better when you are working or trading, it makes it a bit more effective.
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Kelvinid
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August 28, 2023, 09:45:00 PM |
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The results aren't quite different but if we talk about how comfortable we are when using a phone vs a laptop, it is totally different. Traders have made a choice to have a wider screen for a comfortable view and choose a laptop/PC for some research. However, if you are still found doing with the phone just like with my friend, that is still okay as long as the results seem good. But for me, I prefer to have a bigger screen because I feel that I can perform better than using my phone.
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GeorgeJohn
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August 28, 2023, 09:57:40 PM |
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It doesn't matter for the professional trader who already has the skill and knows just what to look for on the screen. But for the beginner trader who needs to learn about technical analysis and see the full screen so as to get conversant with the details, screen size matter alot. There is also a small group of people for whom whether they be beginners or not their trading is not affected by the monitor screen size
Even with a small screen whosoever that is smart will understand the analysis of trading if is well explained to the learner, been conversant in anything doing is all about your engagement and how desperate you are to achieve it, when someone lacks concentration what do you expect the person to do, definitely it will find whatever you are teaching very difficult, that is while it's encouraging to allow someone to make it's decision towards what it wants to achieve, me specifically I believe achievement of anything it's base on concentration.
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wxa7115
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August 31, 2023, 03:47:43 AM |
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The results aren't quite different but if we talk about how comfortable we are when using a phone vs a laptop, it is totally different. Traders have made a choice to have a wider screen for a comfortable view and choose a laptop/PC for some research. However, if you are still found doing with the phone just like with my friend, that is still okay as long as the results seem good. But for me, I prefer to have a bigger screen because I feel that I can perform better than using my phone.
Smartphones and tablets are without a doubt good devices when it comes to your entertainment and to keep you in touch with other people, but when we are talking about an activity which can make you a lot of money or lose it as well based on your execution then there is no point using those devices at all. A desktop computer will be way more comfortable to use for such an activity and I am sure that almost every single trader out there prefers them as well, and they only use their smartphones to trade when they are away from their desktop computer and they have no other option available to them.
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inthelongrun
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August 31, 2023, 05:03:14 AM |
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Very good traders can still actually perform great trades even without big screens. But having a big screen, a separate comfortable room for trading and many screens help them to become more effective and productive. For instance, you want to see bitcoin/usdt charts with various indicators. So it is quicker and less hassle if you have many screens and bigger screens. Having a lot of screens also helps them monitor more pairs rather than just a few ones.
Not all good traders have these kinds of trading materials but probably all of them dream of having all of it so they can be more focused.
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Fivestar4everMVP
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August 31, 2023, 05:31:10 AM |
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Big screen like I believe others have said have its own advantages to the traders, I agree totally with Mk4 said, big screen grants the trader access to opportunities to view more charts on the screen on the go, and also see it clearer.
For example, I myself have tested to this on several occasions while trading, I connect my laptop to my TV through the HDMI port, and I can really tell of a truth that the experience is absolutely different, aside a better trading experience, this helps me see charts clearly and also gives me the opportunity or ability rather, of viewing chart of different currencies at the same time..
So yeah, there is indeed a good benefits with big screens.
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tjtonmoy
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August 31, 2023, 05:47:25 PM |
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It's all about the viewing experience. The more you see, the better your brain can process that thing. As far as I know, it is better to have multiple monitors than to have a single big screen. You can place those monitors in places where you can see them better and when the work is done, you can put that aside so that it won't distract you. I am telling this from my own experience. If I am working on a single screen and there are other applications or tabs open, I might jump into other apps or tabs and that will delay my work.
In trading crypto, staying focused is essential in order to get the best results. One wrong calculation can lead to very bad things. Switching between apps is time-consuming when you are using a single monitor. Also distracting even if it's a big one. So I will say it helps in trading but not as much as multi-monitor option.
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Hypnosis00
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August 31, 2023, 10:26:42 PM |
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If we are doing this like being a full-time trader, it is better to use a wide-screen monitor for a greater view. Because for me, it really matters a lot especially when using a phone as I was afraid that my buy/sell order would be placed wrong as it happened to me several times that cost me a lot. And I know many traders have this experience which I believe that choosing a bigger screen is ideal and using a computer is good enough to perform well. If we can afford to have it why not? We can really find a different experience and for sure we can also see different results as well.
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jaberwock
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September 03, 2023, 10:54:32 AM |
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The results aren't quite different but if we talk about how comfortable we are when using a phone vs a laptop, it is totally different. Traders have made a choice to have a wider screen for a comfortable view and choose a laptop/PC for some research. However, if you are still found doing with the phone just like with my friend, that is still okay as long as the results seem good. But for me, I prefer to have a bigger screen because I feel that I can perform better than using my phone.
Indeed it's all about preference so therefore the results really can change. It can be good if you use the device that you prefer but no-good if you use the device that you don't like the most. For me, I am a very versatile person, and that means I can use both Phone and PC but if I'm inside the house I prefer to use my PC the most so that I can have a wider view of the market but if I'm outside, a phone or even a smart watch can come in handy for getting signals. My ultimate goal is to have two or more monitors and maybe an upgrade of my CPU/GPU just like what I saw on other professional traders. I think that should make my trades more easier so I'm now saving up to have that kind of set-up.
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EarnOnVictor
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September 03, 2023, 03:56:41 PM |
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The results aren't quite different but if we talk about how comfortable we are when using a phone vs a laptop, it is totally different. Traders have made a choice to have a wider screen for a comfortable view and choose a laptop/PC for some research. However, if you are still found doing with the phone just like with my friend, that is still okay as long as the results seem good. But for me, I prefer to have a bigger screen because I feel that I can perform better than using my phone.
Smartphones and tablets are without a doubt good devices when it comes to your entertainment and to keep you in touch with other people, but when we are talking about an activity which can make you a lot of money or lose it as well based on your execution then there is no point using those devices at all. A desktop computer will be way more comfortable to use for such an activity and I am sure that almost every single trader out there prefers them as well, and they only use their smartphones to trade when they are away from their desktop computer and they have no other option available to them. I strongly disagree with you here, I use both my phone and computer to trade, and even if I would still prefer a wider screen like that of a computer, I will still not entirely condemn the phone version. Human nature is wired to adjust to any condition and the screen size and resolution of the phone version are not so bad that traders can't fit in and adjust to trade comfortably on. The most valid point which I expected you to say is the availability of the same feature in the two versions. This varies among platforms, and once what I trade with is available on the mobile version, then I'm good to go. It's even good to get acquainted with the mobile version because it's handy, you can trade or monitor/manage your trades anywhere you are easily without the burden of carrying your computer about.
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TheUltraElite
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September 16, 2023, 07:00:47 AM |
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The results aren't quite different but if we talk about how comfortable we are when using a phone vs a laptop, it is totally different. Traders have made a choice to have a wider screen for a comfortable view and choose a laptop/PC for some research. However, if you are still found doing with the phone just like with my friend, that is still okay as long as the results seem good. But for me, I prefer to have a bigger screen because I feel that I can perform better than using my phone.
A bigger screen is comfortable when the application is not optimised for all types of screens. The major trading platforms are having this and this very useful mobile apps. I really don't see much difference here rather than being portable. However in case of day traders this might be a different thing altogether because the cases that are often shown in social media of traders using many monitors to track multiple things - truth behind which is not known to me. Even then trading comes from experience and that in my opinion does not depend upon monitor size.
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uswa56
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September 16, 2023, 08:11:59 AM |
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The results aren't quite different but if we talk about how comfortable we are when using a phone vs a laptop, it is totally different. Traders have made a choice to have a wider screen for a comfortable view and choose a laptop/PC for some research. However, if you are still found doing with the phone just like with my friend, that is still okay as long as the results seem good. But for me, I prefer to have a bigger screen because I feel that I can perform better than using my phone.
A bigger screen is comfortable when the application is not optimised for all types of screens. The major trading platforms are having this and this very useful mobile apps. I really don't see much difference here rather than being portable. However in case of day traders this might be a different thing altogether because the cases that are often shown in social media of traders using many monitors to track multiple things - truth behind which is not known to me. Even then trading comes from experience and that in my opinion does not depend upon monitor size. I also think so, it won't have a big effect, it just affects the level of comfort which allows it not to affect other aspects of the trading we do. And if the effect is only for comfort, it all depends on each individual, there are those who are comfortable with a small screen because they are used to it or vice versa who require a large monitor for comfort. I think this is something aside from the technicalities of trading and not everyone cares about this.
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Ziskinberg
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September 16, 2023, 02:05:55 PM |
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The results aren't quite different but if we talk about how comfortable we are when using a phone vs a laptop, it is totally different. Traders have made a choice to have a wider screen for a comfortable view and choose a laptop/PC for some research. However, if you are still found doing with the phone just like with my friend, that is still okay as long as the results seem good. But for me, I prefer to have a bigger screen because I feel that I can perform better than using my phone.
A bigger screen is comfortable when the application is not optimised for all types of screens. The major trading platforms are having this and this very useful mobile apps. I really don't see much difference here rather than being portable. However in case of day traders this might be a different thing altogether because the cases that are often shown in social media of traders using many monitors to track multiple things - truth behind which is not known to me. Even then trading comes from experience and that in my opinion does not depend upon monitor size. I also think so, it won't have a big effect, it just affects the level of comfort which allows it not to affect other aspects of the trading we do. And if the effect is only for comfort, it all depends on each individual, there are those who are comfortable with a small screen because they are used to it or vice versa who require a large monitor for comfort. I think this is something aside from the technicalities of trading and not everyone cares about this. That's it, as long as we are comfortable using whether it is a mobile phone or not, there is no problem with that. But for me, I prefer to have a bigger screen as I could work so well compared to using my phone. Indeed, it was just the view that differed but it also affected the result of my trade based on my experience. And for one reason, I often commit mistakes from using my phone which makes me decide not to use it anymore. If we can afford to have a bigger screen, why not do it and see the results?
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terrific
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September 16, 2023, 02:08:49 PM |
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Most traders have bigger screens and it's not just for aesthetics but it's needed for them to view the charts precisely and widely. The outcome varies and depends to the decision of the traders but with the help of bigger monitors or screens. That contributes to the decision that they make because lines and curves are more visible than the smaller ones, so in short it is helpful.
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Unbunplease
Legendary
Offline
Activity: 1806
Merit: 1161
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September 16, 2023, 09:17:43 PM |
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Most traders have bigger screens and it's not just for aesthetics but it's needed for them to view the charts precisely and widely. The outcome varies and depends to the decision of the traders but with the help of bigger monitors or screens. That contributes to the decision that they make because lines and curves are more visible than the smaller ones, so in short it is helpful.
On the one hand, a lot of data is a good thing, but on the other hand, it can all be confusing. It takes a lot of experience and great intuition to make sense of it all. A beginner doesn't need a lot of data, especially on large screens. It will only confuse him. This is my opinion
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