Is this my opinion correct or is there no special effect that trading on big screen has?
Trading on a bigger screen has no effect on the outcome of the general market and where price is heading but it has on the experience of traders. Ordinarily, what a trader could miss viewing a setup on a small screen could be easily heightened or highlighted on a big screen. It's more so when one has to draw lines of support and resistance over a period of time to mark supply and demand zones. Bigger screens are for better trading experience, and every trader likes to have such an experience. Except for the constraints of cash in buying bigger screens, I ain't sure there's any trader who wouldn't want them. At least, have them at home as a rally point for consultation. 
Topic: Does monitor size affect trading? (Read 720 times)
Those with better skills I don't think they need it. Whose skill is good doesn't make much impact on big screen or small screen. But it will be very convenient for the newbies. It will be easy to see the big chart hole on the big monitor. The facility will be open to all, but ties are best used according to skill and need. But I will say what's the use of keeping the monitor big if you don't have the skills. Efficiency should be increased first. Buying a bigger monitor for convenience is not a bad thing if you can afford it.
Might people think that if they use big screen, they will become profitable but that is wrong? Convenience is the only advantage that big screen gives to traders as you can do more searches easier but the results are quite the same as it depends on the capabilities of the trader. In fact, one of my friends uses a mobile phone and is still able to earn more and succeed than others who use laptops. That is why I would say that it doesn't really matter, the most important is to have a better understanding of trading and make use of effective strategies. trading on which we could really be able to say that it might really be that able to make them good trades if ever they do really find out the relevance on having that multiple monitor but its true that it would really vary or just depend because we know that not all would really be able to afford on making trades with having lots or a couple of monitor on which only one should be enough or suffice and its true that profitability wont really be
depending whether you do have more than one monitor or not because it would really be all depending on how well you do trade but cant really deny that having multi monitor does really give out that kind of convenience.
Just like into my situation on which i do have two monitors which one is intended for social media use and the other one would really be used for regular browsing.
It's a hard question. Pretty much like asking if a big screen affects the work of graphic designers. Most will tell you that it's not the size, but quality of the display that needs to show colors as close to the truth as they can be, without any artificial changes, shadows, uneven lighting... But most of them also work on big screens. There are some who use smaller ones, but whoever has the money to buy a large high quality display will do it, although the work can be done on a professional tablet (like the iPad Pro) that's just 13."
Large display isn't a must, but it helps a lot, whatever you do.
Large display isn't a must, but it helps a lot, whatever you do.
Is it just for aesthetics? or does trading on a big screen have an effect on the outcome of your trade. I often see that professional traders have created a work space for themselves where they invest heavily into hardware and big monitor screens. So I wonder if trading on bigger monitor screen has a better effect on trading because I think that with the big screens a trader will be able to make better analysis. Is this my opinion correct or is there no special effect that trading on big screen has?
I consider big screen for the ease of technical analysis, and splitting the screen across timeframes also.
All technical analysts knows that timeframe matters a while lot and good setups always considers beyond just one timeframe and this is aided by big screens. Other reasons also contribute to big screen preferences but amongst all, for me, its tor the variations during technical analysis.
Those with better skills I don't think they need it. Whose skill is good doesn't make much impact on big screen or small screen. But it will be very convenient for the newbies. It will be easy to see the big chart hole on the big monitor. The facility will be open to all, but ties are best used according to skill and need. But I will say what's the use of keeping the monitor big if you don't have the skills. Efficiency should be increased first. Buying a bigger monitor for convenience is not a bad thing if you can afford it.
Might people think that if they use big screen, they will become profitable but that is wrong? Convenience is the only advantage that big screen gives to traders as you can do more searches easier but the results are quite the same as it depends on the capabilities of the trader. In fact, one of my friends uses a mobile phone and is still able to earn more and succeed than others who use laptops. That is why I would say that it doesn't really matter, the most important is to have a better understanding of trading and make use of effective strategies. If you talk about speed and efficiency, then size of your screen can make a trader a million times better.
With a bigger screen size, your productivity a d efficiency improves, your analysis turns up to be amazing and pleasing to the eyes.
With a bigger screen size, your productivity a d efficiency improves, your analysis turns up to be amazing and pleasing to the eyes.
Bigger screens make it easier to aim and see smaller changes. If someone doesn't understand it, I encourage you to try to play a shooter on your phone, or try to write an office document. It's going to be much harder than if you had a simple 14" screen. Having an even bigger screen like 20" makes every detail stand out.
An even larger screen will allow you to split it in two and have 2 browser windows next to each other, which is very good for copying text, comparing notes, translating... It can also allow you to have a big chart on one side and your exchange window on the other.
Just remember than a lot of screens won't turn you into a professional trader. This requires experience and luck.
Those with better skills I don't think they need it. Whose skill is good doesn't make much impact on big screen or small screen. But it will be very convenient for the newbies. It will be easy to see the big chart hole on the big monitor. The facility will be open to all, but ties are best used according to skill and need. But I will say what's the use of keeping the monitor big if you don't have the skills. Efficiency should be increased first. Buying a bigger monitor for convenience is not a bad thing if you can afford it.
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however, the function of a larger monitor provides more comfort and experience. This will make it easier for a trader to view and analyze indicators and others more comfortably because of the larger monitor screen. Yes, this is comfort, and comfort can make us more focused and enjoyable in doing various things. And sometimes they need a bigger screen for certain purposes..........
I can attest to this on which having multiple monitors could really bring out that kind of comfort and experience when it comes to accessibility since you could really be easily be able to switch up your eyes to look if ever you do tend to trade or streamhowever, the function of a larger monitor provides more comfort and experience. This will make it easier for a trader to view and analyze indicators and others more comfortably because of the larger monitor screen. Yes, this is comfort, and comfort can make us more focused and enjoyable in doing various things. And sometimes they need a bigger screen for certain purposes..........
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Somewhat its not really that necessary to have 2 or 3 because 1 is really just that enough, it would really be falling down into the category on which it is really that preferred if you are really that liking on easy and good
user experience on having multiple monitors.
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thats true, the comfort could get us more focused into making analysation, imagine making analysation using typical laptop screen, like chromebook which only spans about 11 inches that'd be really scuffed.
If you talk about speed and efficiency, then size of your screen can make a trader a million times better.
With a bigger screen size, your productivity a d efficiency improves, your analysis turns up to be amazing and pleasing to the eyes.
Big monitor does not give any big advantage in trading but can help a trader in many ways and make many tasks easier. Compared to the small monitor, the details are seen in a larger size so that all the issues are easily noticed while doing any chart analysis. It is true that Big Monitor will not give any extra advantage to a trader while trading, but Big Monitor will help a trader to see the market in big picture while doing market analysis. That makes those traders more productive. With a bigger screen size, your productivity a d efficiency improves, your analysis turns up to be amazing and pleasing to the eyes.
If you talk about speed and efficiency, then size of your screen can make a trader a million times better.
With a bigger screen size, your productivity a d efficiency improves, your analysis turns up to be amazing and pleasing to the eyes.
With a bigger screen size, your productivity a d efficiency improves, your analysis turns up to be amazing and pleasing to the eyes.
Is it just for aesthetics? or does trading on a big screen have an effect on the outcome of your trade. I often see that professional traders have created a work space for themselves where they invest heavily into hardware and big monitor screens. So I wonder if trading on bigger monitor screen has a better effect on trading because I think that with the big screens a trader will be able to make better analysis. Is this my opinion correct or is there no special effect that trading on big screen has?
Trading on the big screen of the monitor does not have any special effects but it looks much better and makes it easier to analyze the market. There are many professional investors who trade using such large screen monitors mainly because they can easily understand market trends. Moreover, there is no difference between mobile or monitor, it is possible to trade with experience in both places, there is no special effect. You are right that an investor would benefit from using the big screen for market analysis because they do it. Moreover, trading on a large screen provides many benefits and looks great, which is why most investors use monitor skins for trading. 
I use a mobile phone and laptop for trading and I can say that the experience isn't quite the same because it was more comfortable to use a bigger screen than a smaller one. However, using a mobile phone also has an advantage as you can easily bring it and very handy but if the problem is that I often make mistakes I don't use it anymore in placing orders. For me, if we think about being successful in trading, we need also to level up and acquire stuff that we think would help us to grow like having a bigger monitor size.
Yes, again, this relates to the comforts when doing trading activities. For us, most who are only playing with one or several trading pairs, this probably won't have that much of an impact. But for professional traders, who in fact really focus on trading, especially with lots of trading pairs, using a larger monitor and several monitors in one activity can really help.I have a friend who is focused on trading as his main job at the moment and he once told me that one of his desires was to buy a bigger monitor and more advanced devices. And finally he was able to buy these devices. Because it really affects his trading activities, he doesn't just analyze 1 coin but several coins at a time. He spent a lot of time in front of the monitor, and eventually he needed a bigger one that also supported multiple devices as well. So, maybe this will also really depend on how our trading activities are.
I've seen most of the traders using big (or should I say) longer (width) screens in order to understand the charts and the patterns and spot their trading points. However, there had been successful traders ever since these big monitors were not even available in the markets, so it's just a hoax that you need a big monitor to win in trading. You just need 4 things to get going in trading:
1. Discipline
Always remain disciplined towards trading and don't take it as gambling but a business that can actually earn you lots and lots of money
2. Patience
Even if you are disciplined but can't be patient enough to let your trades make you what you expected from it based on its (possible) true potential, then you're losing a fraction of your possible total earnings you could have made.
3. Self-control
Making money in trading is easy, but you must know when to stop. If you have decided a specific percentage for your daily performance and you have reached it that day, then just leave the desk and enjoy outside.
4. Strategy
Last but not the least, a strategy you can stick to. Because without strategy, you can't win long term.
1. Discipline
Always remain disciplined towards trading and don't take it as gambling but a business that can actually earn you lots and lots of money
2. Patience
Even if you are disciplined but can't be patient enough to let your trades make you what you expected from it based on its (possible) true potential, then you're losing a fraction of your possible total earnings you could have made.
3. Self-control
Making money in trading is easy, but you must know when to stop. If you have decided a specific percentage for your daily performance and you have reached it that day, then just leave the desk and enjoy outside.
4. Strategy
Last but not the least, a strategy you can stick to. Because without strategy, you can't win long term.
It is for professional and experienced traders who know exactly what they are looking for. They don't let emotion affects their decisions like newbie traders and they focus on some indicators, information they see fit. Unlike newbie traders, who read many useless information, over attach many indicators on their charts that all together affect their thinking about the market and movement of a coin. With newbie traders, more screens, more emotion, more bad decisions.
I don't fancy TV screen of traders, most of them are doing show off with the blue and purple colours just to impress people that they are really making money mean while, they don't have anything to show in their portfolio at the very end of the day. Trading is not by big screen or curve monitor for impression, it is the amount of money you make at the end of the day that matters a lot. Imagine showing curvy big screen and then you have lots of losses on your trading history.It's good to upgrade your trading desk but I think finding a way to win traded and master them should be utmost priority, if you learnt that quickly and master your own technics and skills, then designed and upgrade can follow because by then, money will be there to enjoy and the live the passionated life you always wanted.
There are small laptops that you can use, and can carry in your hands, they are not big, and they would be enough. Would it hurt to have multiple giant screens? Of course not, I am not saying they are bad, I am just saying that they are not needed.
It is not a larger screen, but rather several screens where you can track several information at the same time. It is more like a map that you need to see from several perspectives to get a better understanding.
this type of trading requires experienced traders and not beginners who are trying to learn how trading can be done.
It is for professional and experienced traders who know exactly what they are looking for. They don't let emotion affects their decisions like newbie traders and they focus on some indicators, information they see fit. Unlike newbie traders, who read many useless information, over attach many indicators on their charts that all together affect their thinking about the market and movement of a coin. With newbie traders, more screens, more emotion, more bad decisions.this type of trading requires experienced traders and not beginners who are trying to learn how trading can be done.
I don't fancy TV screen of traders, most of them are doing show off with the blue and purple colours just to impress people that they are really making money mean while, they don't have anything to show in their portfolio at the very end of the day. Trading is not by big screen or curve monitor for impression, it is the amount of money you make at the end of the day that matters a lot. Imagine showing curvy big screen and then you have lots of losses on your trading history.
It's good to upgrade your trading desk but I think finding a way to win traded and master them should be utmost priority, if you learnt that quickly and master your own technics and skills, then designed and upgrade can follow because by then, money will be there to enjoy and the live the passionated life you always wanted.
Is it just for aesthetics? or does trading on a big screen have an effect on the outcome of your trade. I often see that professional traders have created a work space for themselves where they invest heavily into hardware and big monitor screens. So I wonder if trading on bigger monitor screen has a better effect on trading because I think that with the big screens a trader will be able to make better analysis. Is this my opinion correct or is there no special effect that trading on big screen has?
Base on my experience actually having a single monitor is not enough reason why im using too my phone just to spare for the additional screen into different time frames, also additional screen gives additional information for example you can make a different TA with the different monitor with the whole potential of the screen so you can easily check if the position is ideal to make an entry or waiting for the confirmation. But you don't need to have a really large monitor 2 to 3 monitor is enough don't get too much excite with the too many monitor its so annoying to your eyes especially at night.
It is not a larger screen, but rather several screens where you can track several information at the same time. It is more like a map that you need to see from several perspectives to get a better understanding.
this type of trading requires experienced traders and not beginners who are trying to learn how trading can be done.
I also advise you not to be influenced by posts on Twitter, as most of them depict that they have several screens and an elegant office, which indicates that they are doing something dangerous, but the result is the same if you can divide your screen into several screens.
That's right, most traders who trade with such a setup where they have multiple big monitors are actually processing multiple things at once, they might be tracking different coins simultaneously or maybe watching the same coin with different indicators and timeframes, or they might have different markets and prices open to decide which one they should choose for a certain trade. And you are right that this is only done by traders who are experienced in this craft.this type of trading requires experienced traders and not beginners who are trying to learn how trading can be done.
I also advise you not to be influenced by posts on Twitter, as most of them depict that they have several screens and an elegant office, which indicates that they are doing something dangerous, but the result is the same if you can divide your screen into several screens.
However, a lot of people might also use this thing to show off, some people who run signal groups might also show such things so that they can trap more newbies because when they see this they will feel that the guy is an expert because he has such a big setup for their trading activities.
Big screens are only for those who look for the charts in all timeframes to understand the trend in each timeframe. They then decide if the trend is bullish or bearish based on the majority timeframes showing where it is heading. Then they mark the support and resistance boxes, and decide their TP and SL for the trade.
I strongly disagree with you, the wider screen has nothing to do with better trade efficiency, what you know is already known. And there is no such thing that wider screen makes you see or do what a smaller screen wouldn't, your laptop would do what any widest screen would do as well as long as it's the same platform, except that the wideness will magnify it bigger in the wider screen.Those who use a wider screen do that for some reasons;
1. Some use it because of their eye issues.
2. Some use it for people to take them more seriously as a trader or to prove that they are expensive.
3. While the last set uses it simply because they love bigger screens.
Big screens are only for those who look for the charts in all timeframes to understand the trend in each timeframe. They then decide if the trend is bullish or bearish based on the majority timeframes showing where it is heading. Then they mark the support and resistance boxes, and decide their TP and SL for the trade. I don't use a big monitor personally, I'm fine with my laptop and I can trade with it as I don't need longer timeframes to decide my current trade.
I use a mobile phone and laptop for trading and I can say that the experience isn't quite the same because it was more comfortable to use a bigger screen than a smaller one. However, using a mobile phone also has an advantage as you can easily bring it and very handy but if the problem is that I often make mistakes I don't use it anymore in placing orders. For me, if we think about being successful in trading, we need also to level up and acquire stuff that we think would help us to grow like having a bigger monitor size.
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