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Computer Hardware

CPU

Central Processing Unit - In laymen’s terms, that means your computer. This is one of the back bones of your operation, your business. If you lose your computer, you can not find your trades, execute your trades or communicate. Because it is such a crucial part of your business, we can not stress enough how important it is that your back bone is nice and stable. Trading applications in these days are more streamlined than they were years ago. You actually need less of a computer today, than you needed a few years back. Most trading applications run on remote networks, mainly over the internet. Your computer sends queries and views data, the actual processing of the data is done remotely. This means that the main purpose of your computer is going to be displaying trading data and communicating back and forth. You do not need a NASA super computer. Make sure you invest in what you need and save your money for your trading capital. We highly recommend that you dedicate your computer for trading only, buy an extra one with all the bells and whistles for the kids. Your trading computer should be free of anything extra that can slow you down or reduce your stability. That means staying away from videos, music, games and so on.

Computer manufacturer

The stability and reliability of your computer are most important. Make sure you spend the extra money and buy a quality computer from a reputable computer manufacturer. Service and reliability of the company is very important. We buy all of our computers from Dell computers as it is consistently ranked as top in service and reliability.

Speed of processor

You will not be doing any major processing of information as most of the actual processing is going to be done by your data provider. This is one area that you can save yourself some money, so pay attention. The actual speed of the processor is not as important. The lowest speed offered these days is enough. Make sure you purchase a quality processor, such as Intel and not a Celeron. The idea is stability again. One recommendation that we find very useful is running a dual processor unit, instead of single. That means that there are two processors inside and not just one. This allows the computer to divide its tasks between two processors, making it faster and more stable. For example, dual 500Mhz processors will be better than a single 1Ghz processor. This may take a bit more of an investment, but we recommend it for more active traders.

Storage

Most of the data that you will use is going to be stored on the network, at your data provider. The amount of data that you will store on your own hard drive is minimal. Get a small hard drive, don’t need to spend much here.

Memory

RAM, Random Access Memory, is going to make a big difference in the way your computer operates. It reduces errors, increases multi tasking, decreases crashes and adds stability. We recommend that you spend the extra money and use at least 512MB of RAM. It will allow you to run smoother and faster.

Video card

There are some great new video cards out there that allow multiple display monitors to be connected to the same machine. Screen real estate, the amount of information that you can monitor at the same time, is very beneficial for successful trading. We recommend that you run at least dual monitors or more. Buy a good quality video card with multiple monitors capacity. It will allow you to stretch your desktop and see more information.

Monitors

You can not act on what you can not see. You will need to view quite a bit of information when you trade and for long hours. Buy top of the line monitors that are at least 19 inches. You will have to stare at these screens for many hours, so save your eyes and buy the fastest refresh rate monitors you can. At this point, we do not recommend spending the extra money for flat monitors. Only the very best and expensive flat monitors are clear enough to be worth while. Save your money for your trading capital.

Internet connection

You will need to communicate with your data provider and execution system all day long. A fast and stable connection is crucial. A crash or a disconnect from the Internet can cause devastating losses. We suggest that you pick not just the fastest, but also the most stable connection you can find. A backup connection setup is recommended for emergencies, such as when your main connection is down. Redundancy in this area is crucial.

We suggest you use the DAS Trader PRO software offered by Real Fast Trader





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