Does monitor size affect trading? - page 2.

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Quote from: Inwestour on September 20, 2023, 07:21:23 AM

Quote from: dunfida on September 19, 2023, 05:44:53 PM

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 stream or accessing your social media unlike when you are always making those +Alt +Tab thing on your Keyboard which kinda hassle or something that not liking because the other browsers are really that been covered. This is why i do have 3 monitor set up on my own rig on which 1 is for trading chart, 2 is for social media apps and 3 is for those searches or for my work on which you could really be able to monitor if ever you do see some odd changes specially on trading.Unlike when you arent that aware then you might be able to missed up some opportunities or trying out to apply some back up plans whenever the market becomes shit.
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.

I assume that this depends on whether the trader is trading one asset or several coins, in addition, this will only be necessary for day traders, since I doubt that long-term traders sit all day in front of several monitors and monitor the market. I assume that several monitors in this case will give an advantage, since this will really allow you to monitor several coins at the same time, but I personally do not have such experience, so it is difficult for me to assess how much this really is.

There is absolutely no need for any long term investor to have more than one screen at all, what are they going to look at in a different screen that they can't see in a single one? Plus, it is important for not just a trader, but a day trader as well, because traders could make moves slowly and do not need a lot of screens whereas a day trader would be making trades within minutes and they may need it, plus a futures trader may need something like that as well.

Basically anyone that needs to do something quickly may need something like this and that is the important part of it. I believe that we are going to end up with an issue that would be a bit more problematic in the end and could be considered a bit of a trouble.

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Quote from: Stepstowealth on August 24, 2023, 07:09:02 PM

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 think the answer to your question is pretty much mentioned in your question. Like you said that the professional traders are created those workplace so the fact is professional trader. I really don't think big screen monitor or small screen monitor makes much of a difference in trading. But for professional traders, time is valuable. I think it's easier to analyze on a big screen and it saves time, I'll actually take it as a main fact.
For example I am a coder, I am coding software on one monitor and watching its output on another monitor. If I want, I can see the output of my code in the browser by pressing alt + tab, but if there is another monitor, I am watching the output and doing another coding, then I can save the time of pressing alt+tab.
So I want to say, first become a professional trader after then big screen can be need ffor you. But for learning or doing trading, I don't think the screen size of monitor is mandatory.

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Quote from: dunfida on September 19, 2023, 05:44:53 PM

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 stream or accessing your social media unlike when you are always making those +Alt +Tab thing on your Keyboard which kinda hassle or something that not liking because the other browsers are really that been covered. This is why i do have 3 monitor set up on my own rig on which 1 is for trading chart, 2 is for social media apps and 3 is for those searches or for my work on which you could really be able to monitor if ever you do see some odd changes specially on trading.Unlike when you arent that aware then you might be able to missed up some opportunities or trying out to apply some back up plans whenever the market becomes shit.
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.

I assume that this depends on whether the trader is trading one asset or several coins, in addition, this will only be necessary for day traders, since I doubt that long-term traders sit all day in front of several monitors and monitor the market. I assume that several monitors in this case will give an advantage, since this will really allow you to monitor several coins at the same time, but I personally do not have such experience, so it is difficult for me to assess how much this really is.

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Quote from: G_Besar on September 20, 2023, 02:43:52 AM

Quote from: MusaMohamed on September 19, 2023, 08:34:12 PM

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.

Beginner traders will of course be very different from traders who are already professional, because most beginner traders have to spend more time learning while using their money to try it, so obviously those who are still beginners will have more screens and emotions that can arise. as a result of some of the mistakes they made. Because even those who have become professional traders have also made mistakes in the past when they were still learning like beginners today, so this is a comparison of two traders with different levels of knowledge.

Its overkill i would say on which a noob tending to make some multiple monitors just to make out some trades is never been that efficient or basically you are still wasting money since you cant really be able to utilize those monitors for your advantage on which you would really be still that focusing on learning those basic stuff on a single monitor which i should say that it would really be just that enough.

2 monitors for a professional trader would really be that enough but just like the rest been saying that it would really be entirely be depending on someones preference because we know that there are people who do have multiple jobs specially to those who do WFH which it is really that necessary to have those multiple monitors for best user experience and that comfort which it gives but somehow
you would really be needing to spend some extra for that kind of benefit on which it would really be still depending with your budget.

The best thing to put focus on is on how you would really be able to make yourself that learning without needing to spend much not literally on trading capital
but on the resources that it really needs.

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Quote from: MusaMohamed on September 19, 2023, 08:34:12 PM

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.

Beginner traders will of course be very different from traders who are already professional, because most beginner traders have to spend more time learning while using their money to try it, so obviously those who are still beginners will have more screens and emotions that can arise. as a result of some of the mistakes they made. Because even those who have become professional traders have also made mistakes in the past when they were still learning like beginners today, so this is a comparison of two traders with different levels of knowledge.

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Personally monitor size not effect yet in trading because I got comfortable when researching and analyze with chart of some coin trading by using mobile phone, I don't know with an expert or professional trader have user large of monitor size for understanding with chart. Its not really required when trading in bitcoin have to use large monitor size, during we know when support resistance price of bitcoin how large of monitor not really important yet.
All my friend have been success in trading most likely trade by using mobile phone and easily how to manage every time with trading without need to bring large monitor size, but if some professional trader have large monitor for accurate predicting is not wrong because they are enjoying with trading and reading chart by using large monitor size.

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Quote from: hugeblack on September 19, 2023, 11:06:04 AM

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.

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Quote from: Rengga Jati on September 19, 2023, 05:10:00 PM

Quote from: Stepstowealth on August 24, 2023, 07:09:02 PM

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.

Not just for aesthetics or to influence betting results.
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.

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 some individual think they are expert enough that they need the edge advantage of having larger screen so that they could analysis better then its fine.
there's most certainly no harm in having bigger screen when you're quite literally making money out of your career from it.
therefore its some sort of investment too honestly, whatever increase your productivity if you put your money into it, then its gonna be all fine.

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Quote from: Rengga Jati on September 19, 2023, 05:10:00 PM

Quote from: Stepstowealth on August 24, 2023, 07:09:02 PM

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.

Not just for aesthetics or to influence betting results.
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.

But when it comes to trading skills and abilities, it's different. This is a person's ability which depends on how much effort he puts into learning and understanding trading. In this way, his readiness and the maturity of his trading skills and abilities will be better as long as a trader is willing to learn and always upgrade his knowledge and insight, as well as how to manage himself to be ready for a trading career, along with good emotional management, mental readiness and preparedness. financially too. So that a trader can be better prepared in any way for trading, especially crypto which carries high risk.

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 stream or accessing your social media unlike when you are always making those +Alt +Tab thing on your Keyboard which kinda hassle or something that not liking because the other browsers are really that been covered. This is why i do have 3 monitor set up on my own rig on which 1 is for trading chart, 2 is for social media apps and 3 is for those searches or for my work on which you could really be able to monitor if ever you do see some odd changes specially on trading.Unlike when you arent that aware then you might be able to missed up some opportunities or trying out to apply some back up plans whenever the market becomes shit.
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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Quote from: Stepstowealth on August 24, 2023, 07:09:02 PM

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.

Not just for aesthetics or to influence betting results.
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.

But when it comes to trading skills and abilities, it's different. This is a person's ability which depends on how much effort he puts into learning and understanding trading. In this way, his readiness and the maturity of his trading skills and abilities will be better as long as a trader is willing to learn and always upgrade his knowledge and insight, as well as how to manage himself to be ready for a trading career, along with good emotional management, mental readiness and preparedness. financially too. So that a trader can be better prepared in any way for trading, especially crypto which carries high risk.

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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.

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Quote from: traderethereum on September 19, 2023, 09:30:25 AM

I guess not. Because that will depend on your skills, professional traders do not use too big monitors and can even use their smartphones to trade.
-snip-

This has less to do with the skills of the respective trader but with the time frames in which he trades. An (intra-)day trader will need a completely different setup than someone who does market trades. Investopia has written a very good article about this and also shows how such a setup can look like.

Source

The article also gives setup tips and shows pictures of how to arrange the individual screens.
However, this is not for someone who trades every now and then. You have to spend a lot of time trading here so that this effort pays off.

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The big screen is very important when we learn because here all the information can be seen and worked on But in terms of trading a big screen is very important for beginners if not for experience you should buy big monitor.Working on a small screen is no longer difficult for a person but doing all kinds of work on a large monitor has advantages.There no difference between the two but for ease of use the bigger monitor will definitely help you work better mentally.

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I guess not. Because that will depend on your skills, professional traders do not use too big monitors and can even use their smartphones to trade.
But someone who trades may feel that a bigger monitor screen can have a better effect on trading and make him confident to analyze the market.
He can pull the line to the old time to check the pattern and find the other information for him and with his skills, he will find the time to enter the market or just watch the price moves.
But no matter what the monitor is, you still need skills to check and analyze the market and without skills, you will get nothing unless the line.
But if you feel that a bigger monitor screen gives you better analysis, you should buy that monitor to help you with your trade.

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Quote from: khiholangkang on September 18, 2023, 01:02:20 PM

Quote from: terrific on September 18, 2023, 12:15:34 PM

Not just the beginners but every trader that's seriously doing their task to trade.
It's vital information that they need to check every time there's movement in the market. That's why bigger or having larger screens are a must for them.
If not, they can just have multiple monitors depending on the use of it but the ideal one is the bigger size.

Usually this depends on the time frame used in making an analysis, and the shorter the time frame used is shorter the trading time is more and more formulas that need to be used in making analysis, but if in the time of time 1 month more in making analysis, we don't Need to use a lot of data as an analysis material.
And if you are good at remembering a potential based on sentiment, you don't need to display a lot of data in making decisions in trade.
I want to ask if you trade binary options or trading spots? Because this has a different way.

I don't trade binary options because I find it more risky than doing spots in the crypto market.
But I am interested in doing that soon when I've got a lot of money to play with that market. Well, as of now, I don't want to get into it because I know that I might not survive there.
So, staying on the spot is the best for me.

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Quote from: Stepstowealth on August 24, 2023, 07:09:02 PM

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?

You don't need to rack up your brain, the answer is obvious. Have you tried trading on your mobile phone and your computer device? Try comparing both experiences. Big screen gives you a better representation of the charts, indicators, and tickers. So it helps you not to strain your eyes, provide comfortability and aid better execution of trade. More importantly, it should be noted that the overall success of a trader has to do with the skills he possesses and not the computer screen size or workroom setup.

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Quote from: terrific on September 18, 2023, 12:15:34 PM

Quote from: khiholangkang on September 17, 2023, 01:23:40 PM

Quote from: terrific on September 17, 2023, 12:06:50 PM

Yes, for beginners it certainly is very confusing. But it's a step by step process where a new trader gets to learn these techniques done by the experienced ones.
Like having a multiple monitors setup and the larger ones. It all comes with an experience and someone who knows how to do and checks all of those charts understands why he needs it.

I understand that using a wider screen can provide better mobility in reading data because it can display more data that we need to carry out an analysis. I think beginners actually display more data for the analysis process.

Not just the beginners but every trader that's seriously doing their task to trade.
It's vital information that they need to check every time there's movement in the market. That's why bigger or having larger screens are a must for them.
If not, they can just have multiple monitors depending on the use of it but the ideal one is the bigger size.

Usually this depends on the time frame used in making an analysis, and the shorter the time frame used is shorter the trading time is more and more formulas that need to be used in making analysis, but if in the time of time 1 month more in making analysis, we don't Need to use a lot of data as an analysis material.
And if you are good at remembering a potential based on sentiment, you don't need to display a lot of data in making decisions in trade.
I want to ask if you trade binary options or trading spots? Because this has a different way.

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Quote from: khiholangkang on September 17, 2023, 01:23:40 PM

Quote from: terrific on September 17, 2023, 12:06:50 PM

Yes, for beginners it certainly is very confusing. But it's a step by step process where a new trader gets to learn these techniques done by the experienced ones.
Like having a multiple monitors setup and the larger ones. It all comes with an experience and someone who knows how to do and checks all of those charts understands why he needs it.

I understand that using a wider screen can provide better mobility in reading data because it can display more data that we need to carry out an analysis. I think beginners actually display more data for the analysis process.

Not just the beginners but every trader that's seriously doing their task to trade.
It's vital information that they need to check every time there's movement in the market. That's why bigger or having larger screens are a must for them.
If not, they can just have multiple monitors depending on the use of it but the ideal one is the bigger size.

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The primary advantage is the ability to view multiple charts, data streams, news feeds, and trading platforms simultaneously. This enhanced visibility can aid in quicker decision-making, especially when seconds count in fast-moving markets.

Larger screens can offer a clearer and more detailed view of charts, making it easier to spot minute price movements, trends, or anomalies. For traders who analyze multiple assets or use various timeframes, being able to display all this information concurrently without constantly switching between tabs or windows can be invaluable.

However, it's essential to note that while having a larger screen or multiple monitors can improve workflow efficiency, it doesn't guarantee better trading outcomes. Successful trading hinges more on strategy, discipline, risk management, and continuous learning. While a bigger screen might enhance the experience and make certain tasks more convenient, it's just one tool in a trader's arsenal.

So, to answer your question: Yes, there's a functional benefit to trading on larger screens, but it's not a silver bullet for trading success. @OP

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Quote from: adaseb on September 18, 2023, 12:06:25 AM

Back when I used a new trader I got like 4 monitors and couldn’t make any money trading. Now I can trade from my phone and make good trades.

Your post is funny but it mentions about facts in trading. Traders can start with good capital, prepare good trading tables and many accessories like multiple monitors like you did, but if lack of knowledge and more important experience in trading, risk to lose capital is always big.

If it is a newbie trader, having many monitors and overlook at those monitors will destroy that trader emotion. Bad trading positions and bad results would come unavoidably.

Quote

You don’t need many monitors like they do in the Wall Street movies. It helps to have at least 2 so you don’t need to look back and forth between windows. However if you don’t know what you are doing in the first place then having 10 monitors won’t help you at all.

Monitors are useless and can bring side effects too. I have one more advice for newbie traders, they should not trade on phones because they can make mistakes when opening or closing their positions. If they have computers, laptops, they should use those devices rather than phones for trading.

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