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Author Topic: Phone or laptop? Which one do you prefer to use for trading?  (Read 286 times)
Oshosondy (OP)
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August 21, 2024, 01:34:12 PM
 #1

I am not referring to forex or trading stocks or commodity. I am referring to crypto trading.

I prefer to trade crypto  with phone. I have a laptop but I noticed that I do not like it to trade unlike phone. I do not know if other people are like that or they just prefer to use laptop. That is why I bring this survey. To know people that use laptop to trade crypto than phone or otherwise.

The reason I prefer phone is because I am faster with it and very it is simple and straightforward than trading on computer.

Pleas if you are not a trader, do not come here to choose laptop or computer. Do not post on this thread if you are not trading on crypto exchanges.

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August 21, 2024, 02:40:47 PM
 #2

I am not referring to forex or trading stocks or commodity. I am referring to crypto trading.

I prefer to trade crypto  with phone. I have a laptop but I noticed that I do not like it to trade unlike phone. I do not know if other people are like that or they just prefer to use laptop.
On smart phones, you have more risk to make mistake because of smaller screen than your laptop or desktop computer. On smart phones, you can misclick on the screen and mistakenly make your trading order too.

I prefer to use laptop, computers for important things like trading, storing my coins in investment portfolio, and when making transactions in cryptocurrency or in bank transfer too. On smart phones, I am worry that I will more easily make mistakes. Smart phones give you flexibility, portability and convenience but in security, it's worse and in risk management on trading order action, it's worse too.

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August 21, 2024, 06:51:10 PM
 #3


I prefer to trade crypto with phone. I have a laptop but I noticed that I do not like it to trade unlike phone. I do not know if other people are like that or they just prefer to use laptop. That is why I bring this survey. To know people that use laptop to trade crypto than phone or otherwise.

The reason I prefer phone is because I am faster with it and very it is simple and straightforward than trading on computer.


Seriously I would say there is ease and simplicity that comes with actually using phone, like me I have my trading exchange on my phone because I prefer it to that of laptop and also because I don’t need to actually be with my system (laptop) always, so I can simply track my trades. Most at times some applications are not available for laptops you will have to use extensions which I don’t like but pretty much all top exchanges have their laptop apps too.

So I actually do have my exchange on phone and enter my traders there, I tell you I am not comfortable taking out technical analysis there (reading chats) I usually prefer larger screen, most at times I use the laptop and sometimes I even use larger screens like TVs for the analysis and then simply enter the trade from my phone. I think this is what most people I know do

R


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August 21, 2024, 07:24:15 PM
 #4

Because of the simplicity that comes with mobile phone, I think I will prefer mobile phone for trading than using a system, although using a computer also comes with it own flexibility of usage on the site, but there are still other features that makes mobile phone more user friendly aside the displays which is the only advantage of using computers to trade on exchanges.

Also prefer using my laptop to surf the net when I want to read, so if and when I want to do my trading analysis, I usually do that on my laptop, since I normally do trading analysis when I am home, where I can conformably read chat on wide screen.

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August 21, 2024, 07:49:28 PM
 #5

For technical analysis, I am more comfortable to draw a line on my PC for charting and there are a few indicators that you can't find on the phone than using a laptop.
Like the VWAP indicator, I can't see this on the phone to any different exchanges Binance, Bitget, and OKX are the most intraday players used to identify the current trend in a shorter time frame.
And there are lots of things that you can't find on the phone than on a laptop which is more flexible for technical analysis the only good thing why I use the phone is to monitor the news, prices, and alerts and you can immediately perform analysis and you can quickly take a position or buy if you see an opportunity.

There is also a good advantage on the phone there are many trading tools and apps you can find on the phone than on the laptop.

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August 21, 2024, 07:54:59 PM
 #6

I personally use my pc or my laptop for trading because with pc I can use technical indicators way better because of the bigger size of the screen.

I do used to trade on my iPad and Android based tablet a few months ago but the experience wasn't satisfactory and that's why I shift back to pc and laptop for trading.

I currently use my high end gaming pc for trading but soon I'm going to shift to my laptop for trading and I'm going to stick to my laptop for long term I believe.

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August 21, 2024, 08:34:41 PM
 #7

I personally use my pc or my laptop for trading because with pc I can use technical indicators way better because of the bigger size of the screen.

I do used to trade on my iPad and Android based tablet a few months ago but the experience wasn't satisfactory and that's why I shift back to pc and laptop for trading.

I currently use my high end gaming pc for trading but soon I'm going to shift to my laptop for trading and I'm going to stick to my laptop for long term I believe.

@OP, first and foremost, if you want to get the behaviour of the community, you can create a poll so it is easy for you to see the pulse of the traders here.

On my end, I usually use my laptop as I can see the charts bigger and it is quite easy for me to navigate. But sometimes, I use my phone if I need to trade while on the go. I believe, it depends on your situation when you happen to do your trading. For me, I would go for laptop if I am not mobile.

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August 21, 2024, 09:10:12 PM
 #8

I am not referring to forex or trading stocks or commodity. I am referring to crypto trading.

I prefer to trade crypto  with phone. I have a laptop but I noticed that I do not like it to trade unlike phone. I do not know if other people are like that or they just prefer to use laptop. That is why I bring this survey. To know people that use laptop to trade crypto than phone or otherwise.

The reason I prefer phone is because I am faster with it and very it is simple and straightforward than trading on computer.

Pleas if you are not a trader, do not come here to choose laptop or computer. Do not post on this thread if you are not trading on crypto exchanges.
Smart phones makes it simpler and easier for us to trade forex, cryptocurrency, stock, and synthetic indices, but when we talk about market analysis, that's trying to figure out what is happening right their in the market using the chart, laptop outperformed smart phones in this case and gives you an overview of the trending market. However, I majorly use phone to trade and reason I use phone to trade, is because, I can easily carry it about and monitor my trades where I go, and too because of it long lasting battery, and use of phones makes trading much easier.

R


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August 21, 2024, 09:34:12 PM
 #9

Mobile phones are actually easy when you can not go everywhere with your laptop, for me I will prefer using laptop because of the details and wider screen and in time of usage I might get distracted using my phone because if chats and other social media apps I don't know for me but anything I do I still prefer using my laptop their in a lot of differences when it comes to usuage, but am sure their are people that will also be comfortable with phone no matter what they are doing, this is something more personal and what is convenient in term of usage for everyone. And situation I can go with my laptop I won't have a choice than to use my phone, in term of advantage phone works all the time because their places you can not go with your laptop so phone will still win against laptop. And for other valuable reasons and privacy phone is better because when people start seen you will laptop every time they will make a meaning out of it, sticking to phone is just the best especially for our region so their is lot to using phone.

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August 21, 2024, 09:40:32 PM
 #10

For me, I find trading on my laptop or desktop to be best.  The bigger screens let me easily see charts and indicators compared to trying to squint at my phone.  But sure, if Im out and get a mobile alert or something, Ill pop open my trading app to take a peek or place an order real quick and  i think it just depends when and where you happen to be doing your trading on which device works better.  Like if youre on the go then yeah, pull out your phone to check in.  But if youre able to park somewhere and dig in, then the extra convenience of a big computer screen definitely helps in my experience.

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August 21, 2024, 10:00:54 PM
 #11

On my end, I usually use my laptop as I can see the charts bigger and it is quite easy for me to navigate. But sometimes, I use my phone if I need to trade while on the go.
I never trade on the go but as a trader I aways try to monitor the market and for monitoring purpose I use my smartphone but for trading it's a pretty small device and can be cause of losses as it becomes hard to use indicators or charts in a good way using a smartphone due to its smaller screen size.

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August 21, 2024, 10:12:18 PM
 #12

Trading on mobile phones can be very challenging. You have very limited space to do all what needs to be done and you’re always in between zooming in and having to zoom out again. Also, a lot of features are always lacking on the mobile device and even in the landscape mood, you still don’t have that display that would be well compared to a desktop or laptop computer device. It’s always tasking operation to trade on a mobile but, when it comes to desktop or laptop computing devices, you have a whole lot available to you. First of them all is the interface. You just have to try them bith to kote the difference.
While mobile devices might be good for monitoring a trade, laptop and desktop computing devices is good for making analysis and placing trades.

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August 21, 2024, 10:14:07 PM
 #13

On smart phones, you have more risk to make mistake because of smaller screen than your laptop or desktop computer. On smart phones, you can misclick on the screen and mistakenly make your trading order too.
I have not make such mistake before. The mistake that I have made before is not to adjust the leverage and input certain amount which would be multiplied by the leverage set. But on most exchanges, you can set it in a way that it will not multiply by the leverage but only use the amount of money for the required position.

For technical analysis, I am more comfortable to draw a line on my PC for charting and there are a few indicators that you can't find on the phone than using a laptop.
Anyone that prefer the chart for tradingview will also prefer laptop. I have not seen tradingview before on phone. Some traders do not like the modern chart that the exchanges are having but prefer the tradingview chart.

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August 21, 2024, 10:20:51 PM
 #14

Honestly I almost never enter any trading positions on my phone, I sometimes monitor the positions and scale out or close the position but almost never enter or make the decision to enter a trade by looking at a phone. The screen is way too small. And in the past, especially when there is panic, you are most than likely to fat finger a trade which can lead to losses.

Its the same for a tablet or notepad, best is having an actual desktop computer with dual monitors so you can monitor the markets while having the trading terminal open on your other monitor. This way you don't need to switch back and forth the windows unlike on a notebook computer.

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August 21, 2024, 10:47:23 PM
 #15

The reason I prefer phone is because I am faster with it and very it is simple and straightforward than trading on computer.
You'll be faster and straightforward trading with your mobile phone after you've made your analysis on a computer that has a larger screen. Making technical analysis may be too difficult to do on mobile phones properly without slight errors that will have significance on your trade result.
Trading cryptocurrency on mobile phone will be much more easier if you generally depend more on fundamental analysis for trading decisions.

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August 21, 2024, 11:39:53 PM
 #16

Trading cryptocurrency on mobile phone will be much more easier if you generally depend more on fundamental analysis for trading decisions.
You can see indicators and tools on an exchange app on a mobile phone which can be enough for analysing the market. But having it on computer would be better. What I meant is that if someone does not have a laptop, he can still use the exchange app on the mobile phone to make technical analyses. If the person is good, the person will still use the phone to make money from trading.

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August 21, 2024, 11:52:31 PM
 #17

You'll be faster and straightforward trading with your mobile phone after you've made your analysis on a computer that has a larger screen. Making technical analysis may be too difficult to do on mobile phones properly without slight errors that will have significance on your trade result.
Trading cryptocurrency on mobile phone will be much more easier if you generally depend more on fundamental analysis for trading decisions.
When you talk about trading on mobile phone, do you mean just any mobile phone or the phone must have some specific functionalities and capabilities? When I think about there is a lot of back and forth. And it will difficult if the trader doesn't have a phone, good internet, fast thinker and quick fingers. Using is a phone is not for beginners because of the frustration they may likely encounter with the issues mentioned which is minimized when using a laptop. In my estimation, you only get comfortable with it when you go from a beginner level to an intermediate level.

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August 22, 2024, 05:54:56 AM
 #18

To trigger some trades like placing orders (buy or sell). Mobile phones are really great, with only a few clicks and on the go you can open a trade.

I know some people here much prefer to do analysis on bigger screens but you can also do it on the mobile phone if you prefer, I know such traders do trades only on their mobile phones and they are still profitable, it's just more on preference and how they are used to be.

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August 22, 2024, 07:17:56 AM
 #19

It's more easier to navigate trades in laptop or desktop because it gives you more easier access of the market and other features of the exchange this serves as an advtange for the details you sometimes get overlooked and if you make a put position in these you can now make a close position with your phone because it's easier to click you don't need to get worry about how to flat your next trade with the market. In short I do hard navigation in PC or laptop and make an easy task with my mobile phone.

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August 22, 2024, 08:02:45 AM
 #20

To trigger some trades like placing orders (buy or sell). Mobile phones are really great, with only a few clicks and on the go you can open a trade.

I know some people here much prefer to do analysis on bigger screens but you can also do it on the mobile phone if you prefer, I know such traders do trades only on their mobile phones and they are still profitable, it's just more on preference and how they are used to be.

I can not agree more than this because you are correct. I think you use both phone and laptop to trade and know the advantages of one over the other. To open and close a position, to make trades in the spot or margin market, I prefer to use phone. This even makes me to prefer making analyses on phone. But I know that analyses on laptop is better if you know how to do it.

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