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	<title>Comments on: Computer Requirements for Traders</title>
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	<link>http://theessentialsoftrading.com/Blog/index.php/2009/07/30/computer-requirements-for-traders/</link>
	<description>Information and resources for those looking to learn about trading and the markets</description>
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		<title>By: Naoki</title>
		<link>http://theessentialsoftrading.com/Blog/index.php/2009/07/30/computer-requirements-for-traders/#comment-14696</link>
		<dc:creator>Naoki</dc:creator>
		<pubDate>Wed, 19 Aug 2009 19:03:10 +0000</pubDate>
		<guid isPermaLink="false">http://www.theessentialsoftrading.com/Blog/?p=1323#comment-14696</guid>
		<description>Thanks to all for the useful information!

Seems, that a minimum of two monitors is necessity rather than a luxury. I&#039;m leaning towards 3-4 x 22&quot; for the desktop. A minimal 15&#039; laptop for travel and backup with external monitor connections.

As for the workstation/desktop, I put more emphasis on reliability rather than performance. That is having adequate contingencies for power failures, HDD crashes, component failures, virus &amp; spyware protection, liquid spillage on keyboards, mice chewing your DSL cable,  etc...I&#039;ve gone through one too many to know that problems will likely happen when you need it to work the most....

I had a demo of Bloomberg terminals - the service not the computers, and came to same conclusion as John. There was nothing compelling to justify $2k per month, at least for the retail trader. Perhaps for the institutional trader....</description>
		<content:encoded><![CDATA[<p>Thanks to all for the useful information!</p>
<p>Seems, that a minimum of two monitors is necessity rather than a luxury. I&#8217;m leaning towards 3-4 x 22&#8243; for the desktop. A minimal 15&#8242; laptop for travel and backup with external monitor connections.</p>
<p>As for the workstation/desktop, I put more emphasis on reliability rather than performance. That is having adequate contingencies for power failures, HDD crashes, component failures, virus &amp; spyware protection, liquid spillage on keyboards, mice chewing your DSL cable,  etc&#8230;I&#8217;ve gone through one too many to know that problems will likely happen when you need it to work the most&#8230;.</p>
<p>I had a demo of Bloomberg terminals &#8211; the service not the computers, and came to same conclusion as John. There was nothing compelling to justify $2k per month, at least for the retail trader. Perhaps for the institutional trader&#8230;.</p>
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		<title>By: John</title>
		<link>http://theessentialsoftrading.com/Blog/index.php/2009/07/30/computer-requirements-for-traders/#comment-14643</link>
		<dc:creator>John</dc:creator>
		<pubDate>Mon, 03 Aug 2009 22:00:50 +0000</pubDate>
		<guid isPermaLink="false">http://www.theessentialsoftrading.com/Blog/?p=1323#comment-14643</guid>
		<description>And more importantly, not worth the extra cost because they don&#039;t provide any added benefit to the retail trader that occurs to me.</description>
		<content:encoded><![CDATA[<p>And more importantly, not worth the extra cost because they don&#8217;t provide any added benefit to the retail trader that occurs to me.</p>
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		<title>By: chris</title>
		<link>http://theessentialsoftrading.com/Blog/index.php/2009/07/30/computer-requirements-for-traders/#comment-14641</link>
		<dc:creator>chris</dc:creator>
		<pubDate>Mon, 03 Aug 2009 21:08:24 +0000</pubDate>
		<guid isPermaLink="false">http://www.theessentialsoftrading.com/Blog/?p=1323#comment-14641</guid>
		<description>Bloomberg machines are too expensive for individuals.</description>
		<content:encoded><![CDATA[<p>Bloomberg machines are too expensive for individuals.</p>
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	<item>
		<title>By: John</title>
		<link>http://theessentialsoftrading.com/Blog/index.php/2009/07/30/computer-requirements-for-traders/#comment-14633</link>
		<dc:creator>John</dc:creator>
		<pubDate>Mon, 03 Aug 2009 15:27:54 +0000</pubDate>
		<guid isPermaLink="false">http://www.theessentialsoftrading.com/Blog/?p=1323#comment-14633</guid>
		<description>Ivan - In what regard?</description>
		<content:encoded><![CDATA[<p>Ivan &#8211; In what regard?</p>
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	<item>
		<title>By: Ivan</title>
		<link>http://theessentialsoftrading.com/Blog/index.php/2009/07/30/computer-requirements-for-traders/#comment-14632</link>
		<dc:creator>Ivan</dc:creator>
		<pubDate>Mon, 03 Aug 2009 14:51:24 +0000</pubDate>
		<guid isPermaLink="false">http://www.theessentialsoftrading.com/Blog/?p=1323#comment-14632</guid>
		<description>How come no one mentiones Bloomberg?</description>
		<content:encoded><![CDATA[<p>How come no one mentiones Bloomberg?</p>
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		<title>By: Larry</title>
		<link>http://theessentialsoftrading.com/Blog/index.php/2009/07/30/computer-requirements-for-traders/#comment-14624</link>
		<dc:creator>Larry</dc:creator>
		<pubDate>Fri, 31 Jul 2009 03:08:58 +0000</pubDate>
		<guid isPermaLink="false">http://www.theessentialsoftrading.com/Blog/?p=1323#comment-14624</guid>
		<description>There are companies out there that make desktop systems designed especially for trading.  They are very powerful and designed to support multiple video cards to handle multiple monitors.  Low end is about $3000, without monitors.  The companies point out that your trading software (generally) will be unable to use more than about 2 processor units at a time (but maybe more in the future?).

If your budget is a bit more constrained, look for a good quality video gaming computer and check the specs carefully.  (If you don&#039;t know what you are doing, find a friend that does; because there are details that can sneak up and bite you.)   Don&#039;t waste your money on the $600 to $900 desktop systems from Best Buy, Staples, Office Depot, or etc.  They are built cheap, and do not have the power you really need.  Check their specifications and you will see.

A few months ago I purchased a gaming system with 6GB of 3 channel main memory, 2.67 GHz Intel Core 2 i7 620 processor (4 dual threaded processors; so it looks like 8 processors to Windows), 0.9GB of dedicated video memory, and a 1000GB 7200rpm hard drive, all for around $1500.  My motherboard is an Asus P6T.  I added a second 6GB of main memory for $100.  That is enough power to loaf along with about 20% memory usage and under 10% processor use while driving dual 24&quot; monitors with about 25 real time charts open (2 of them are 133tick charts that use more compute power; many of the rest are 1 and 2 minute charts), plus email, calendar, web video, twitter, and everything else I have ever wanted to throw at the beast.  The case has room for (literally) another dozen internal hard drives, and I can upgrade to RAID for increased disk speed and reliability just be adding a 2nd disk for $150 and changing the configuration.  The current disk drive is definitely the performance bottleneck, when there is one.  Processor intensive tasks happen instantaneously, even under (ugh) Vista 64bit.  The system is very amenable  to overclocking, if I should ever want to add 25 or 30% to the processing speed, or 10% to the memory speed.

If you envision EVER having more than 2 monitors (that means two video cards to drive 3 or 4 monitors), be sure to get an 850 or 900 Watt power supply (minimum), or you will end up throwing out your original power supply.  For more than 4 monitors, plan on 3 video cards (max is 2 monitors per card, generally), and you will need a 1200 Watt power supply.  Be sure your motherboard can support 2 or 3 video cards with high speed 16x slots, or at least 2 slots of 16x plus 1 slot of 4x.

Works well for me, and I think something like this is worth your consideration as a serious trading system at a bargain price.</description>
		<content:encoded><![CDATA[<p>There are companies out there that make desktop systems designed especially for trading.  They are very powerful and designed to support multiple video cards to handle multiple monitors.  Low end is about $3000, without monitors.  The companies point out that your trading software (generally) will be unable to use more than about 2 processor units at a time (but maybe more in the future?).</p>
<p>If your budget is a bit more constrained, look for a good quality video gaming computer and check the specs carefully.  (If you don&#8217;t know what you are doing, find a friend that does; because there are details that can sneak up and bite you.)   Don&#8217;t waste your money on the $600 to $900 desktop systems from Best Buy, Staples, Office Depot, or etc.  They are built cheap, and do not have the power you really need.  Check their specifications and you will see.</p>
<p>A few months ago I purchased a gaming system with 6GB of 3 channel main memory, 2.67 GHz Intel Core 2 i7 620 processor (4 dual threaded processors; so it looks like 8 processors to Windows), 0.9GB of dedicated video memory, and a 1000GB 7200rpm hard drive, all for around $1500.  My motherboard is an Asus P6T.  I added a second 6GB of main memory for $100.  That is enough power to loaf along with about 20% memory usage and under 10% processor use while driving dual 24&#8243; monitors with about 25 real time charts open (2 of them are 133tick charts that use more compute power; many of the rest are 1 and 2 minute charts), plus email, calendar, web video, twitter, and everything else I have ever wanted to throw at the beast.  The case has room for (literally) another dozen internal hard drives, and I can upgrade to RAID for increased disk speed and reliability just be adding a 2nd disk for $150 and changing the configuration.  The current disk drive is definitely the performance bottleneck, when there is one.  Processor intensive tasks happen instantaneously, even under (ugh) Vista 64bit.  The system is very amenable  to overclocking, if I should ever want to add 25 or 30% to the processing speed, or 10% to the memory speed.</p>
<p>If you envision EVER having more than 2 monitors (that means two video cards to drive 3 or 4 monitors), be sure to get an 850 or 900 Watt power supply (minimum), or you will end up throwing out your original power supply.  For more than 4 monitors, plan on 3 video cards (max is 2 monitors per card, generally), and you will need a 1200 Watt power supply.  Be sure your motherboard can support 2 or 3 video cards with high speed 16x slots, or at least 2 slots of 16x plus 1 slot of 4x.</p>
<p>Works well for me, and I think something like this is worth your consideration as a serious trading system at a bargain price.</p>
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	<item>
		<title>By: chris</title>
		<link>http://theessentialsoftrading.com/Blog/index.php/2009/07/30/computer-requirements-for-traders/#comment-14621</link>
		<dc:creator>chris</dc:creator>
		<pubDate>Thu, 30 Jul 2009 21:41:11 +0000</pubDate>
		<guid isPermaLink="false">http://www.theessentialsoftrading.com/Blog/?p=1323#comment-14621</guid>
		<description>I like two monitors. I put up charts of intra-day on one and daily on the other. Or, I monitor postions on one while charting on the other. If need be I can do fundamental research or check news on one monitor while keeping a chart or open positions on the other. I do this with my laptop. It&#039;s not that powerful of a machine.</description>
		<content:encoded><![CDATA[<p>I like two monitors. I put up charts of intra-day on one and daily on the other. Or, I monitor postions on one while charting on the other. If need be I can do fundamental research or check news on one monitor while keeping a chart or open positions on the other. I do this with my laptop. It&#8217;s not that powerful of a machine.</p>
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	<item>
		<title>By: eToke</title>
		<link>http://theessentialsoftrading.com/Blog/index.php/2009/07/30/computer-requirements-for-traders/#comment-14619</link>
		<dc:creator>eToke</dc:creator>
		<pubDate>Thu, 30 Jul 2009 17:50:50 +0000</pubDate>
		<guid isPermaLink="false">http://www.theessentialsoftrading.com/Blog/?p=1323#comment-14619</guid>
		<description>here is a description of my own setup http://etoke.wordpress.com/2009/03/25/my-trading-platform/

I primarily trade stocks and perform stats intraday. I have a realtime feed of around 450-500 stocks which does take quite a lot of resources, so that is one of my primary concern.

best regards,
eToke.</description>
		<content:encoded><![CDATA[<p>here is a description of my own setup <a href="http://etoke.wordpress.com/2009/03/25/my-trading-platform/" rel="nofollow">http://etoke.wordpress.com/2009/03/25/my-trading-platform/</a></p>
<p>I primarily trade stocks and perform stats intraday. I have a realtime feed of around 450-500 stocks which does take quite a lot of resources, so that is one of my primary concern.</p>
<p>best regards,<br />
eToke.</p>
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