How Dual Monitors Allow Stock and Futures Traders An Advantage

Dual monitors, in principle, have been around for quite a few years now. Graphic designers, engineers and traders alike have been using the setup to maximise monitor real estate for many years. Dual (or more) displays lets you extend your computer desktop and allows you to become a “power user” who may have many apps open and visible concurrently. Most people have noticed images of professional traders utilizing countless monitors. They may seem silly, and several most likely are born not by necessity but by vanity, however multiple screens can certainly offer you a more complete look at the markets. A few good-sized screens enable you to surround yourself with information that is instantly accessible by simply turning your head. In the event the markets are unstable, this can be a vital necessity for any serious trader.

How Dual Monitors Display More of the Market

When you’ve got one monitor, it is likely you have one or two charts up. You’ve got your order entry window up, then maybe some table-based scanner. Because you have these on one screen, they are most likely teeny enough to fit but also small enough to be difficult to read when the time comes. You’ll also most likely have several applications minimized, and when you need these, they must be manually maximized. When split second decisions are necessary, this is just too much time and too much work. Several screens make it possible for quite a few programs not only to run together, but they enable you to run them all in a manner you can view.

For instance, when you have a few screens, you may have 2 displays focused on charts. One monitor shows the futures contracts you find attractive with lots of space for your preferred indicators. Mac-d, moving averages — these kind of indicators fit your monitor easily and enable simple viewing. Your second monitor could show your favorite stock charts in a similar setup. A lot of people show the exact same specific symbol on several charts, every one displaying a different time interval and/or indicator group. Recognizing a stock’s pattern of movement both in long and short time frames will help you to make critical choices with a lot more useful information. Your third monitor can display your order entry screen and maybe your preferred cable television financial news channel. You can find feeds of those channels both free or for a little fee, and with dual or triple monitors, they fit seamlessly in your workflow.

Dual Monitor or Triple Monitor Suggested Setups

When setting up your multi-monitor trading pc, keep a couple of of these ideas in mind:

You’ll choose the same exact graphics card for every set of two monitors, so ensure that the selected card facilitates a pair of displays utilizing formats your monitors work with (DVI or VGA plugs)Your pc’s power source and fan have to be sufficient enough to power and cool these kind of hardware improvements
Horizontal configurations are less complicated to observe than top to bottom, as vertical configurations require continuous up-and-down head motion
Focus on just 2 monitors. If you need more, go from there. There is no need to leap straight to 3 or even more displays if it’s not required
Conclusion: Trading With Multiple Monitors

Dual or triple displays boosts your market awareness when it’s time to make those quick, significant trading decisions. Begin with 2, then keep adding them until you’ve found the best number. Way too many screens will be a distraction and lead to neck strain. When you’ve found the correct number, nevertheless, dual screens (or higher) will serve you greatly in trading plus in general productivity.

Russell and Jason are stock and futures traders who enjoy writing about technology and the markets. Visit their dual monitors website for more information about trading setups.

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