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Author Topic: Phone or laptop? Which one do you prefer to use for trading?  (Read 561 times)
Pandu Geddon
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August 22, 2024, 08:17:28 AM
 #21

Nowadays we can see people closer to mobile phones. By using mobile phones we can do trading activities anywhere and anytime. But for me using devices such as computer screens and laptops provides its comfort.
I do not make trading a daily activity that may take up time. So using a device where I can't use it all the time can be a limitation that I make myself not always do or even force trading.

I have a fear that if it gets closer to me and I always access it easily, I myself cannot control my activities. So I will trade when I am on my computer screen. Even though I can do it on my mobile phone.

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August 22, 2024, 08:25:18 AM
 #22

Nowadays we can see people closer to mobile phones. By using mobile phones we can do trading activities anywhere and anytime. But for me using devices such as computer screens and laptops provides its comfort.
I do not make trading a daily activity that may take up time. So using a device where I can't use it all the time can be a limitation that I make myself not always do or even force trading.

I have a fear that if it gets closer to me and I always access it easily, I myself cannot control my activities. So I will trade when I am on my computer screen. Even though I can do it on my mobile phone.

That's another side of it, I agree Grin Sometimes I am tempted and do use the phone though, but usually - PC as well.

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August 22, 2024, 08:50:01 AM
 #23

I think it will depend on each person's habits. Because you often use your phone to trade and over time it will form a habit for you, so when you switch to using a laptop you will find it more uncomfortable and inconvenient than using a phone. But I bet you, if you use a computer with a stable configuration like a Mac with a fast internet connection, you will find that using a laptop feels much better than a phone.
Every time I place a trading order, I prefer to use my phone because it may be a habit, but when analyzing charts and markets, I cannot do it on my phone, I need a laptop. I do a combination of both but when I trade I spend most of my time on my laptop screen.

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August 22, 2024, 09:22:46 AM
 #24

So far, I am more comfortable using a laptop or computer. that's because the display is wider, and it is easier for us to carry out analysis compared to smartphones. However, when in an emergency, or circumstances really don't support opening a laptop or computer, I will use my smartphone. Well, I can use both, but most often it's the laptop

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August 22, 2024, 09:39:55 AM
 #25

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.

I choose to trade on laptop of course, I'm a old and traditional trader so it's good for me if I have a big screen in front of me to see who's going on the market. Although there could be some traders who uses phone just like you, but I guess we should prefer to be very comfortable and so I have my laptop with me to trade.

I've open to try and trade on my phone several times, but I'm slow and I think I tend to make a lot of mistakes as well. One advantage of phone is that you can take it everywhere to do trades and I also have seen exchanges trying to promote themselves with that marketing that you just need a phone to be able to trade.

 
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August 22, 2024, 10:09:51 AM
 #26

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.

Are there people that are still using laptop to trade because I do not find it very comfortable to use. When I am doing my technical analysis, that is when I use my laptop so I can get the best view but for trading I use my phone and not the exchange website either but their apps. Apps are very convenient that is why I use them. I can access my trading account from anywhere with my phone and it is fast and straightforward as you said. The user interface on mobile apps are also very friendly too and I enjoy them. Cryptocurrency exchange are really putting in efforts to make our trading experience very good but one problem I have with them is the constant listing of new coins that are not worth trading because they do well in the market as they get dumped after they get listed.

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August 22, 2024, 12:07:16 PM
 #27

If you're comfortable with phone, I am amazed. I can't do that as screen is too little for me but it doesn't need for someone to have large screens or monitors to trade because you only need to put orders for your trades. I'm more comfortable doing trades on my desktop and any other task that I have to do is, I have very much comfortable with it.

But when there are trades that I have to make like there's a need for me to buy some specific coins that I am waiting for the dip, and I'm not on my desktop and needs to buy that as soon as possible, of course smartphones are way to go. I don't have to be a day trader for that, just some casual buys are needed to do.

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August 22, 2024, 12:19:13 PM
 #28

Definitely, laptop.

It has already been said, but a very small screen makes it easier to tap in the wrong place, apart fro that it is much more convenient and better for your eyes to watch to a larger screen.

It also worries me the fact that you always carry your phone with you, and taking into account that trading have much in common with gambling, you could lose focus in other important activities in your daily-life, and you may end up overtrading.

In addition, I think that trading via browser is important from the point of view of privacy, because afaik most apps from exchanges are not privacy-friendly.

So, to me, the best option is an intermediate option between phone and laptop, which is trading in the browser version of the exchange in a medium size to large tablet.

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August 22, 2024, 01:53:55 PM
 #29

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.
I also prefer to trade in my smartphone. I do spot trading and futures trading only and I use exclusively Binance because this is the best option right now for me. I find their web platform very complicated. I had to spend some minutes to find my opened futures position on their futures trading page but on the other hand, their mobile app is very intuitive with great UI/UX design.

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.
Modern smartphones have big screens and when you make a serious decision, there is usually a two-step verification. I think that our experience depends on the exchange that we use. I personally find Binance's mobile app far better than its web platform. I like Binance's design better than other exchanges but to be fair, I haven't tried applications of other exchanges. It's very individual. Some might have a better web platform while others may have a better mobile app.

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August 22, 2024, 01:58:51 PM
 #30

It actually depends on where we are, I myself still use both, namely Laptops and Smartphones. Smartphones are easier to use and easier to see the market. I usually use a laptop for execution and analysis techniques.

However, when trading I often use a smartphone, because for me this is a very portable device and easy to carry anywhere. By using a smartphone, as a trader we can trade wherever we are, as long as we are still connected to the internet. So this allows us as traders to stay connected to the market and be able to make decisions when there is a trading opportunity.

While laptops can be carried anywhere, they usually require a larger space and of course are heavier to carry around. Therefore, I who often travel, laptops may be very rarely used unless I am at home. Actually, both of these can make it easier for us to trade, it's just that the choice depends on the individual's condition where they are.

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August 22, 2024, 02:43:12 PM
 #31

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.
Totally depends on how you would really be doing your trades but for me then i would really be that comfortable when trading up with my PC or Desktop on which i do really that make things more faster
considering that you do have a mouse a big keyboard and a big monitor on which you could really be able to make things more faster than with small screens. My current set up is on 3x monitor
on which i could really say that it is really that too convenient and comfortable when executing trading analysis on which you could make multiple tasks on simply switching up in between browsers if you
would be needing too. The only good thing when you do make use of mobile phone is on the moment that you are really that on transit and you would really be needing to check up your trades on which you could really be able to say that having your phone would really be able to make yourself that check out everytime anytime or anywhere in regarding into your open trading orders and this is why its not really that shocking that people would really be that wanting or loving on making use of this way. For me then since im not a busy person whose really that making some travels and im a freelance worker then it would really be just that
fine on having this kind of set up. In overall, then it would really be just that entirely depending into someones condition since not all would really be doing on the same thing.
This is where they could be choosing up according into those conditions on which its a normal thing to be done.

R


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August 22, 2024, 02:49:07 PM
 #32

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.

I use phone whenever I already have strategy set on my trade for the same as your due to convenience and quick reaction whenever there is a trend on the coin I’m trading that time.

But I use my desktop to analyze first the coin I’m going to trade using tradingview because it offers much better visibility especially on finding patterns on charts and signal on indicators which is very hard to do using small screen such as mobile.

I usually combine both desktop and mobile phone but most of the time I use mobile since my trading strategy is always long term right after I determined the range of the price changes of certain token.

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August 22, 2024, 03:20:52 PM
 #33

Most of the work can be done from your smartphone itself. But being an old skool guy I prefer using a laptop whenever I get the chance to trade and have my laptop nearby.

Often markets are swinging and these movements need to be caught and orders placed, for such swift takes, if your laptop is not on already, you might want to use your phone.

Using the laptop gives you more freedom to open many browser windows and sheets and multitask. This can be done on phone too but thats clunky.

 
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August 22, 2024, 03:40:59 PM
 #34

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.

         -     If safety is the basis, it is safer to use a desktop than a mobile device. Although the mobile device is only useful because of its portability, no matter where you go, you can open or do your trading activity as long as you have a data connection on your device. In short, the phone is very handy.

But it's still more convenient on the desktop because you can do your trading activity better. This is just my personal experience; it seems that for me, in case of emergency,
the phone device is okay.

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August 22, 2024, 04:41:48 PM
 #35

Honestly speaking well for my own test using a smart phone to trade it really make my work faster but I will still say the PC is also good to but not fast for my test and also the smart phone is a portable device that can be carried easily around, well this may sound funny most time when I am going to the restroom and I have some important works to do at time I also do take my phone to the restroom and why also it can be use public place without people noticing you are trading.

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August 22, 2024, 04:41:53 PM
 #36

Its also like the Tiger Woods concept.

If you are a good player, you dont need an expensive club to play Golf. If you are a horrible player then an expensive Golf club won't help you.

Its the same with trading. I see all these people with a trading setup of 5-6 monitors and all they do is lose money month after month. Then you got the seasoned whales which just trade off their phone and make thousands a month. Its up to the experience really when it comes to trading.

And you know how to saying goes. You cant teach experience, its something you just need to go thru to be a good trader.
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August 22, 2024, 04:44:43 PM
 #37

To be honest, I use both. Let me elaborate it a bit. I use the laptop or big screen to analyze the chart and to read the patterns. Basically, I open TradingView with all the tools on the laptop. On the other hand, I select the quantity I need to buy and set the leverage to buy the coins on the phone. I do this so that I can get the coins faster at the desired price that I want. For many people, using two devices is not comfortable. I have also seen people completely avoiding phones while trading. This is because of the distractions, I guess.

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August 22, 2024, 05:02:33 PM
 #38

Trading on mobile is more practical than doing it on a Laptop / PC, I chose on mobile because even when traveling, I can still do it in a simpler way in my hand.

Yeah doing analysis on mobile is limited by the small screen but if you are used to doing it on mobile it will be fine what you do, then when people are longer at home they will use Laptop/PC.

For now most trading is done on mobile.

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August 22, 2024, 05:18:47 PM
 #39

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.
I trade crypto regularly. I find that computer screens help me a lot for chart viewing. But I use phone for trading. Trading over the phone is more convenient which can be done on a laptop or computer but it is less interesting especially those who trade on the phone will be able to easily understand the difference. Moreover, a big advantage of the phone is that I get the opportunity to continue my trades in any situation, which would be a bit difficult to do on a larger device like a laptop. But for those who only use computers, the matter is completely different because they are used to do that so they will prefer laptop. According to me a new trader can easily learn trading through phone but laptop computer will not be as easy compared to phone.

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August 22, 2024, 05:19:07 PM
 #40

Hmm, OP in order to execute the trades, I'd prefer a smartphone because it is more often accessible while for a desktop or laptop, you need to sit in front of them haha, but you need to know that while doing analysis smartphone is really troublesome. Mobile phones are always accessible if you've already done most of your analysis you can use the smartphone to execute trades easily.

So in my case, i prefer to use both of them on need.

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