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Author Topic: Does monitor size affect trading?  (Read 667 times)
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September 17, 2023, 01:10:08 AM
 #61

Those who have good trading conditions and are experienced are the ones who profit from their trading. But it is no effect that it is possible to profit from trading on the big screen, it is about the good experienced trading that one can profit from in person. But trading on a big screen is better and looks much better than trading on a small screen.

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September 17, 2023, 04:06:50 PM
 #62

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
Yes, for beginners it certainly is very confusing. But it's a step by step process where a new trader gets to learn these techniques done by the experienced ones.
Like having a multiple monitors setup and the larger ones. It all comes with an experience and someone who knows how to do and checks all of those charts understands why he needs it.


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September 17, 2023, 05:23:40 PM
 #63

Those who have good trading conditions and are experienced are the ones who profit from their trading. But it is no effect that it is possible to profit from trading on the big screen, it is about the good experienced trading that one can profit from in person. But trading on a big screen is better and looks much better than trading on a small screen.
I agree that the size of the screen does not affect finding profits in trading, your expression is the same as @Oshosondy previously.

But speaking of a "better experience" whether large or small the screen used in trading I think it depends on each individual's comfort.
I personally am very comfortable with a 14 inch screen for trading, when I tried several times to carry out trading activities using a wider/long curved screen like the people out there, it made me dizzy and made me uncomfortable so I returned to the previous screen.

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
Yes, for beginners it certainly is very confusing. But it's a step by step process where a new trader gets to learn these techniques done by the experienced ones.
Like having a multiple monitors setup and the larger ones. It all comes with an experience and someone who knows how to do and checks all of those charts understands why he needs it.
I understand that using a wider screen can provide better mobility in reading data because it can display more data that we need to carry out an analysis. I think beginners actually display more data for the analysis process.

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September 17, 2023, 05:36:04 PM
 #64

Trading skill depends entirely on a person, how he conducts trading or what kind of device he uses to conduct training is entirely up to him. Many trade well only through their smartphones and there are some traders who use three monitors and mobile phones for trading.  Basically, you should trade the way you trade that will benefit you. If a trader feels that he can do good trading using a good monitor from a mobile phone then that person should purchase a good quality monitor and conduct trading activities. However, if multiple monitors are used from the mobile phone, then the candles can be monitored very well and accordingly, trading or selling at a specific time can be done very well. That is why a trader uses multiple monitors to take his trading skills to another level.
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September 17, 2023, 05:39:13 PM
 #65

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 not for aesthetics for sure. But yes as a person who is starting his trading you don't really need to necessarily have all this into your system. A new trader can easily start with it. It does makes your trading a bit easier, infact if you scalp then it could make your trading a lot easier but at the end you have to trade using your brain and that can be done only by your skills not the skills of your system or monitors.
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September 17, 2023, 10:04:18 PM
 #66

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?
Can I relate it thus;
Watching football match on a 32 inches TV and watching same match on a 75 inches TV with smart graphics. Will the type of TV used affect the outcome of the match? Definitely no. But the comfort that the 75 inches TV will give to the site cannot be compared to what 32 inches will give. With the 75 inches TV, you might not miss any scene or beautiful moment.
Likewise, bigger screen gives bigger pictures of the market. But then, the bigger and better the picture, the tendency to make a nice or error free analysis.  We also have to consider ergonomics and work comfortability. If you can afford the expensive hardwares, go for them and you will have another experience.

I will not fail to mention that another reason they show those expensive appliances is to make people believe they are successful in trading and register with them.

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September 17, 2023, 10:45:34 PM
 #67

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?

For hardcore traders, or should I say full-time, that might be a mandatory thing to must-have.

"They want to see everything" and they really need to have a wide scope of view, especially for day traders. With the volatile world of crypto, lots of actions can happen even for a bit of a minute. Having multiple trades currently in action, a big screen should help them monitor all of those.

Self-preference indeed. These traders are more comfortable seeing that way.

Of course, the outcome still depends on their own strategy regardless if they are using big screen or not.

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September 17, 2023, 11:09:18 PM
 #68

I don't think it will be that much of significance honestly, what does monitor size would affect trading, if you are doing some chart analysis, even using mobile phone would suffice, if you want to see the orders taking place, mobile phone would also suffice, i would say there are so many traders out there that quite literally make their career through mobile phone, I think its more of a gimmick honestly to use humongous size of monitor to see the market meanwhile even if you see all the data of the trading assets all you want, it wouldn't even affect your decision for your trading.
I guess its just more comfortable to have humongous size of monitors but in the end it doesn't make that much difference, but if you want to invest in having good monitor for the sake of your comfort in your working activities then no problem I guess.

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September 17, 2023, 11:56:37 PM
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 #69

Big or small screens have no influence in trading.

1. Analysis skills (Technical and Fundamental)
2. Understand candlesticks, doji and so on.
3. Experience
4. As well as actions in trading

Maybe these 4 things can help you make trading activities easier and profitable.

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September 18, 2023, 04:06:25 AM
 #70

Back when I used a new trader I got like 4 monitors and couldn’t make any money trading. Now I can trade from my phone and make good trades.

You don’t need many monitors like they do in the Wall Street movies. It helps to have at least 2 so you don’t need to look back and forth between windows. However if you don’t know what you are doing in the first place then having 10 monitors won’t help you at all.

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September 18, 2023, 08:16:53 AM
 #71

Back when I used a new trader I got like 4 monitors and couldn’t make any money trading. Now I can trade from my phone and make good trades.
Your post is funny but it mentions about facts in trading. Traders can start with good capital, prepare good trading tables and many accessories like multiple monitors like you did, but if lack of knowledge and more important experience in trading, risk to lose capital is always big.

If it is a newbie trader, having many monitors and overlook at those monitors will destroy that trader emotion. Bad trading positions and bad results would come unavoidably.

Quote
You don’t need many monitors like they do in the Wall Street movies. It helps to have at least 2 so you don’t need to look back and forth between windows. However if you don’t know what you are doing in the first place then having 10 monitors won’t help you at all.
Monitors are useless and can bring side effects too. I have one more advice for newbie traders, they should not trade on phones because they can make mistakes when opening or closing their positions. If they have computers, laptops, they should use those devices rather than phones for trading.

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September 18, 2023, 08:24:29 AM
 #72

 The primary advantage is the ability to view multiple charts, data streams, news feeds, and trading platforms simultaneously. This enhanced visibility can aid in quicker decision-making, especially when seconds count in fast-moving markets.

Larger screens can offer a clearer and more detailed view of charts, making it easier to spot minute price movements, trends, or anomalies. For traders who analyze multiple assets or use various timeframes, being able to display all this information concurrently without constantly switching between tabs or windows can be invaluable.

However, it's essential to note that while having a larger screen or multiple monitors can improve workflow efficiency, it doesn't guarantee better trading outcomes. Successful trading hinges more on strategy, discipline, risk management, and continuous learning. While a bigger screen might enhance the experience and make certain tasks more convenient, it's just one tool in a trader's arsenal.

So, to answer your question: Yes, there's a functional benefit to trading on larger screens, but it's not a silver bullet for trading success. @OP
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September 18, 2023, 04:15:34 PM
 #73

Yes, for beginners it certainly is very confusing. But it's a step by step process where a new trader gets to learn these techniques done by the experienced ones.
Like having a multiple monitors setup and the larger ones. It all comes with an experience and someone who knows how to do and checks all of those charts understands why he needs it.
I understand that using a wider screen can provide better mobility in reading data because it can display more data that we need to carry out an analysis. I think beginners actually display more data for the analysis process.
Not just the beginners but every trader that's seriously doing their task to trade.
It's vital information that they need to check every time there's movement in the market. That's why bigger or having larger screens are a must for them.
If not, they can just have multiple monitors depending on the use of it but the ideal one is the bigger size.


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September 18, 2023, 05:02:20 PM
 #74

Yes, for beginners it certainly is very confusing. But it's a step by step process where a new trader gets to learn these techniques done by the experienced ones.
Like having a multiple monitors setup and the larger ones. It all comes with an experience and someone who knows how to do and checks all of those charts understands why he needs it.
I understand that using a wider screen can provide better mobility in reading data because it can display more data that we need to carry out an analysis. I think beginners actually display more data for the analysis process.
Not just the beginners but every trader that's seriously doing their task to trade.
It's vital information that they need to check every time there's movement in the market. That's why bigger or having larger screens are a must for them.
If not, they can just have multiple monitors depending on the use of it but the ideal one is the bigger size.
Usually this depends on the time frame used in making an analysis, and the shorter the time frame used is shorter the trading time is more and more formulas that need to be used in making analysis, but if in the time of time 1 month more in making analysis, we don't Need to use a lot of data as an analysis material.
And if you are good at remembering a potential based on sentiment, you don't need to display a lot of data in making decisions in trade.
I want to ask if you trade binary options or trading spots? Because this has a different way.

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September 18, 2023, 08:28:57 PM
 #75

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?
You don't need to rack up your brain, the answer is obvious. Have you tried trading on your mobile phone and your computer device? Try comparing both experiences. Big screen gives you a better representation of the charts, indicators, and tickers. So it helps you not to strain your eyes, provide comfortability and aid better execution of trade. More importantly, it should be noted that the overall success of a trader has to do with the skills he possesses and not the computer screen size or workroom setup.

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September 19, 2023, 01:04:38 PM
 #76

Not just the beginners but every trader that's seriously doing their task to trade.
It's vital information that they need to check every time there's movement in the market. That's why bigger or having larger screens are a must for them.
If not, they can just have multiple monitors depending on the use of it but the ideal one is the bigger size.
Usually this depends on the time frame used in making an analysis, and the shorter the time frame used is shorter the trading time is more and more formulas that need to be used in making analysis, but if in the time of time 1 month more in making analysis, we don't Need to use a lot of data as an analysis material.
And if you are good at remembering a potential based on sentiment, you don't need to display a lot of data in making decisions in trade.
I want to ask if you trade binary options or trading spots? Because this has a different way.
I don't trade binary options because I find it more risky than doing spots in the crypto market.
But I am interested in doing that soon when I've got a lot of money to play with that market. Well, as of now, I don't want to get into it because I know that I might not survive there.
So, staying on the spot is the best for me.


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September 19, 2023, 01:30:25 PM
 #77

I guess not. Because that will depend on your skills, professional traders do not use too big monitors and can even use their smartphones to trade.
But someone who trades may feel that a bigger monitor screen can have a better effect on trading and make him confident to analyze the market.
He can pull the line to the old time to check the pattern and find the other information for him and with his skills, he will find the time to enter the market or just watch the price moves.
But no matter what the monitor is, you still need skills to check and analyze the market and without skills, you will get nothing unless the line.
But if you feel that a bigger monitor screen gives you better analysis, you should buy that monitor to help you with your trade.

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September 19, 2023, 02:44:23 PM
 #78

The big screen is very important when we learn because here all the information can be seen and worked on But in terms of trading a big screen is very important for beginners if not for experience you should buy big monitor.Working on a small screen is no longer difficult for a person but doing all kinds of work on a large monitor has advantages.There no difference between the two but for ease of use the bigger monitor will definitely help you work better mentally.
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September 19, 2023, 02:59:50 PM
 #79

I guess not. Because that will depend on your skills, professional traders do not use too big monitors and can even use their smartphones to trade.
-snip-
This has less to do with the skills of the respective trader but with the time frames in which he trades. An (intra-)day trader will need a completely different setup than someone who does market trades. Investopia has written a very good article about this and also shows how such a setup can look like.


Source

The article also gives setup tips and shows pictures of how to arrange the individual screens.
However, this is not for someone who trades every now and then. You have to spend a lot of time trading here so that this effort pays off.

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September 19, 2023, 03:06:04 PM
 #80

It is not a larger screen, but rather several screens where you can track several information at the same time. It is more like a map that you need to see from several perspectives to get a better understanding.
this type of trading requires experienced traders and not beginners who are trying to learn how trading can be done.

I also advise you not to be influenced by posts on Twitter, as most of them depict that they have several screens and an elegant office, which indicates that they are doing something dangerous, but the result is the same if you can divide your screen into several screens.

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