subject: Trading Computers Guide: Common Buyer Mistakes: [print this page] Hello My Name is Eddie Z, Ive been trading the stock market and other financial markets for 20 plus years. Additionally I have been building, testing and configuring trading computers, stock trading computers and multi monitor trading computers since the first day I needed real time data. As a full time electronic markets trader and computer nerd, I have the ability to offer traders a unique look into trading computers and multi monitor trading computers.
As an expert, I get asked nearly every day, what mistakes do people make when it is time to buy multi monitor trading computers ? There are a multitude of errors and I will go over the top several so you do not fall victim.
The first common mistake I see is that new traders think they can trade on a laptop computer, netbook computer or even the new Ipad. As traders, we need to think speed. Speed in terms of screen navigation and processing power. Most of these miniaturized computers use touch pads and in general, these finger motion devices navigate less than half as fast as the hand held mouse pointing device. These few seconds can cost you money. Also these little computers are optimized for miniaturization not processing power and speed. A multi monitor trading computer that full size will blow the doors off these little machines.
Second common mistake I hear about is that people think they are saving money by going down to Walmart, Fryes or HHGregg to buy a name brand machine at a discounted price. There are a few problems with this approach. You will wind up buy an inferior mass manufactured machine that has been optimized to make the builder the biggest profit possible. In other words, Dell and HP use low grade, cheap components in their computers in an effort to compete and gain market share. Additionally, their tech support and warranty are poor. Certainly not good enough for stock trading computers and multi monitor trading computers.
Perhaps the biggest mistake traders make when buying trading computers is not doing any research. They tend to use their old computer until its worthless and then are stuck getting the first thing that comes along. Traders really need to avoid this because there are companies out that will take advantage of your lack of knowledge.
In conclusion, you must do your research before spending thousands of dollars on trading computers, stock trading computers or multi monitor trading computers. Do your homework ahead of time. There are many good resources and articles online to educate traders.