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.
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.
Topic: Does monitor size affect trading? - page 3. (Read 676 times)
Big or small screens have no influence in trading.
1. Analysis skills (Technical and Fundamental)
2. Understand candlesticks, doji and so on.
3. Experience
4. As well as actions in trading
Maybe these 4 things can help you make trading activities easier and profitable.
1. Analysis skills (Technical and Fundamental)
2. Understand candlesticks, doji and so on.
3. Experience
4. As well as actions in trading
Maybe these 4 things can help you make trading activities easier and profitable.
I don't think it will be that much of significance honestly, what does monitor size would affect trading, if you are doing some chart analysis, even using mobile phone would suffice, if you want to see the orders taking place, mobile phone would also suffice, i would say there are so many traders out there that quite literally make their career through mobile phone, I think its more of a gimmick honestly to use humongous size of monitor to see the market meanwhile even if you see all the data of the trading assets all you want, it wouldn't even affect your decision for your trading.
I guess its just more comfortable to have humongous size of monitors but in the end it doesn't make that much difference, but if you want to invest in having good monitor for the sake of your comfort in your working activities then no problem I guess.
I guess its just more comfortable to have humongous size of monitors but in the end it doesn't make that much difference, but if you want to invest in having good monitor for the sake of your comfort in your working activities then no problem I guess.
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?
For hardcore traders, or should I say full-time, that might be a mandatory thing to must-have.
"They want to see everything" and they really need to have a wide scope of view, especially for day traders. With the volatile world of crypto, lots of actions can happen even for a bit of a minute. Having multiple trades currently in action, a big screen should help them monitor all of those.
Self-preference indeed. These traders are more comfortable seeing that way.
Of course, the outcome still depends on their own strategy regardless if they are using big screen or not.
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?
Can I relate it thus;Watching football match on a 32 inches TV and watching same match on a 75 inches TV with smart graphics. Will the type of TV used affect the outcome of the match? Definitely no. But the comfort that the 75 inches TV will give to the site cannot be compared to what 32 inches will give. With the 75 inches TV, you might not miss any scene or beautiful moment.
Likewise, bigger screen gives bigger pictures of the market. But then, the bigger and better the picture, the tendency to make a nice or error free analysis. We also have to consider ergonomics and work comfortability. If you can afford the expensive hardwares, go for them and you will have another experience.
I will not fail to mention that another reason they show those expensive appliances is to make people believe they are successful in trading and register with them.
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?
It's not for aesthetics for sure. But yes as a person who is starting his trading you don't really need to necessarily have all this into your system. A new trader can easily start with it. It does makes your trading a bit easier, infact if you scalp then it could make your trading a lot easier but at the end you have to trade using your brain and that can be done only by your skills not the skills of your system or monitors.
Trading skill depends entirely on a person, how he conducts trading or what kind of device he uses to conduct training is entirely up to him. Many trade well only through their smartphones and there are some traders who use three monitors and mobile phones for trading. Basically, you should trade the way you trade that will benefit you. If a trader feels that he can do good trading using a good monitor from a mobile phone then that person should purchase a good quality monitor and conduct trading activities. However, if multiple monitors are used from the mobile phone, then the candles can be monitored very well and accordingly, trading or selling at a specific time can be done very well. That is why a trader uses multiple monitors to take his trading skills to another level.
Those who have good trading conditions and are experienced are the ones who profit from their trading. But it is no effect that it is possible to profit from trading on the big screen, it is about the good experienced trading that one can profit from in person. But trading on a big screen is better and looks much better than trading on a small screen.
I agree that the size of the screen does not affect finding profits in trading, your expression is the same as @Oshosondy previously.But speaking of a "better experience" whether large or small the screen used in trading I think it depends on each individual's comfort.
I personally am very comfortable with a 14 inch screen for trading, when I tried several times to carry out trading activities using a wider/long curved screen like the people out there, it made me dizzy and made me uncomfortable so I returned to the previous screen.
Most traders have bigger screens and it's not just for aesthetics but it's needed for them to view the charts precisely and widely.
The outcome varies and depends to the decision of the traders but with the help of bigger monitors or screens.
That contributes to the decision that they make because lines and curves are more visible than the smaller ones, so in short it is helpful.
On the one hand, a lot of data is a good thing, but on the other hand, it can all be confusing. It takes a lot of experience and great intuition to make sense of it all. A beginner doesn't need a lot of data, especially on large screens. It will only confuse him. This is my opinionThe outcome varies and depends to the decision of the traders but with the help of bigger monitors or screens.
That contributes to the decision that they make because lines and curves are more visible than the smaller ones, so in short it is helpful.
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.
Most traders have bigger screens and it's not just for aesthetics but it's needed for them to view the charts precisely and widely.
The outcome varies and depends to the decision of the traders but with the help of bigger monitors or screens.
That contributes to the decision that they make because lines and curves are more visible than the smaller ones, so in short it is helpful.
The outcome varies and depends to the decision of the traders but with the help of bigger monitors or screens.
That contributes to the decision that they make because lines and curves are more visible than the smaller ones, so in short it is helpful.
On the one hand, a lot of data is a good thing, but on the other hand, it can all be confusing. It takes a lot of experience and great intuition to make sense of it all. A beginner doesn't need a lot of data, especially on large screens. It will only confuse him. This is my opinion
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.
Those who have good trading conditions and are experienced are the ones who profit from their trading. But it is no effect that it is possible to profit from trading on the big screen, it is about the good experienced trading that one can profit from in person. But trading on a big screen is better and looks much better than trading on a small screen.
Most traders have bigger screens and it's not just for aesthetics but it's needed for them to view the charts precisely and widely.
The outcome varies and depends to the decision of the traders but with the help of bigger monitors or screens.
That contributes to the decision that they make because lines and curves are more visible than the smaller ones, so in short it is helpful.
The outcome varies and depends to the decision of the traders but with the help of bigger monitors or screens.
That contributes to the decision that they make because lines and curves are more visible than the smaller ones, so in short it is helpful.
On the one hand, a lot of data is a good thing, but on the other hand, it can all be confusing. It takes a lot of experience and great intuition to make sense of it all. A beginner doesn't need a lot of data, especially on large screens. It will only confuse him. This is my opinion
Most traders have bigger screens and it's not just for aesthetics but it's needed for them to view the charts precisely and widely.
The outcome varies and depends to the decision of the traders but with the help of bigger monitors or screens.
That contributes to the decision that they make because lines and curves are more visible than the smaller ones, so in short it is helpful.
The outcome varies and depends to the decision of the traders but with the help of bigger monitors or screens.
That contributes to the decision that they make because lines and curves are more visible than the smaller ones, so in short it is helpful.
The results aren't quite different but if we talk about how comfortable we are when using a phone vs a laptop, it is totally different. Traders have made a choice to have a wider screen for a comfortable view and choose a laptop/PC for some research. However, if you are still found doing with the phone just like with my friend, that is still okay as long as the results seem good. But for me, I prefer to have a bigger screen because I feel that I can perform better than using my phone.
A bigger screen is comfortable when the application is not optimised for all types of screens. The major trading platforms are having this and this very useful mobile apps. I really don't see much difference here rather than being portable. However in case of day traders this might be a different thing altogether because the cases that are often shown in social media of traders using many monitors to track multiple things - truth behind which is not known to me.Even then trading comes from experience and that in my opinion does not depend upon monitor size.
And if the effect is only for comfort, it all depends on each individual, there are those who are comfortable with a small screen because they are used to it or vice versa who require a large monitor for comfort.
I think this is something aside from the technicalities of trading and not everyone cares about this.
The results aren't quite different but if we talk about how comfortable we are when using a phone vs a laptop, it is totally different. Traders have made a choice to have a wider screen for a comfortable view and choose a laptop/PC for some research. However, if you are still found doing with the phone just like with my friend, that is still okay as long as the results seem good. But for me, I prefer to have a bigger screen because I feel that I can perform better than using my phone.
A bigger screen is comfortable when the application is not optimised for all types of screens. The major trading platforms are having this and this very useful mobile apps. I really don't see much difference here rather than being portable. However in case of day traders this might be a different thing altogether because the cases that are often shown in social media of traders using many monitors to track multiple things - truth behind which is not known to me.Even then trading comes from experience and that in my opinion does not depend upon monitor size.
And if the effect is only for comfort, it all depends on each individual, there are those who are comfortable with a small screen because they are used to it or vice versa who require a large monitor for comfort.
I think this is something aside from the technicalities of trading and not everyone cares about this.
legendary
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The results aren't quite different but if we talk about how comfortable we are when using a phone vs a laptop, it is totally different. Traders have made a choice to have a wider screen for a comfortable view and choose a laptop/PC for some research. However, if you are still found doing with the phone just like with my friend, that is still okay as long as the results seem good. But for me, I prefer to have a bigger screen because I feel that I can perform better than using my phone.
A bigger screen is comfortable when the application is not optimised for all types of screens. The major trading platforms are having this and this very useful mobile apps. I really don't see much difference here rather than being portable. However in case of day traders this might be a different thing altogether because the cases that are often shown in social media of traders using many monitors to track multiple things - truth behind which is not known to me.Even then trading comes from experience and that in my opinion does not depend upon monitor size.
The results aren't quite different but if we talk about how comfortable we are when using a phone vs a laptop, it is totally different. Traders have made a choice to have a wider screen for a comfortable view and choose a laptop/PC for some research. However, if you are still found doing with the phone just like with my friend, that is still okay as long as the results seem good. But for me, I prefer to have a bigger screen because I feel that I can perform better than using my phone.
Smartphones and tablets are without a doubt good devices when it comes to your entertainment and to keep you in touch with other people, but when we are talking about an activity which can make you a lot of money or lose it as well based on your execution then there is no point using those devices at all.A desktop computer will be way more comfortable to use for such an activity and I am sure that almost every single trader out there prefers them as well, and they only use their smartphones to trade when they are away from their desktop computer and they have no other option available to them.
Human nature is wired to adjust to any condition and the screen size and resolution of the phone version are not so bad that traders can't fit in and adjust to trade comfortably on. The most valid point which I expected you to say is the availability of the same feature in the two versions. This varies among platforms, and once what I trade with is available on the mobile version, then I'm good to go.
It's even good to get acquainted with the mobile version because it's handy, you can trade or monitor/manage your trades anywhere you are easily without the burden of carrying your computer about.
The results aren't quite different but if we talk about how comfortable we are when using a phone vs a laptop, it is totally different. Traders have made a choice to have a wider screen for a comfortable view and choose a laptop/PC for some research. However, if you are still found doing with the phone just like with my friend, that is still okay as long as the results seem good. But for me, I prefer to have a bigger screen because I feel that I can perform better than using my phone.
Indeed it's all about preference so therefore the results really can change. It can be good if you use the device that you prefer but no-good if you use the device that you don't like the most. For me, I am a very versatile person, and that means I can use both Phone and PC but if I'm inside the house I prefer to use my PC the most so that I can have a wider view of the market but if I'm outside, a phone or even a smart watch can come in handy for getting signals.My ultimate goal is to have two or more monitors and maybe an upgrade of my CPU/GPU just like what I saw on other professional traders. I think that should make my trades more easier so I'm now saving up to have that kind of set-up.
If we are doing this like being a full-time trader, it is better to use a wide-screen monitor for a greater view.
Because for me, it really matters a lot especially when using a phone as I was afraid that my buy/sell order would be placed wrong as it happened to me several times that cost me a lot. And I know many traders have this experience which I believe that choosing a bigger screen is ideal and using a computer is good enough to perform well. If we can afford to have it why not? We can really find a different experience and for sure we can also see different results as well.
Because for me, it really matters a lot especially when using a phone as I was afraid that my buy/sell order would be placed wrong as it happened to me several times that cost me a lot. And I know many traders have this experience which I believe that choosing a bigger screen is ideal and using a computer is good enough to perform well. If we can afford to have it why not? We can really find a different experience and for sure we can also see different results as well.
It's all about the viewing experience. The more you see, the better your brain can process that thing. As far as I know, it is better to have multiple monitors than to have a single big screen. You can place those monitors in places where you can see them better and when the work is done, you can put that aside so that it won't distract you. I am telling this from my own experience. If I am working on a single screen and there are other applications or tabs open, I might jump into other apps or tabs and that will delay my work.
In trading crypto, staying focused is essential in order to get the best results. One wrong calculation can lead to very bad things. Switching between apps is time-consuming when you are using a single monitor. Also distracting even if it's a big one. So I will say it helps in trading but not as much as multi-monitor option.
In trading crypto, staying focused is essential in order to get the best results. One wrong calculation can lead to very bad things. Switching between apps is time-consuming when you are using a single monitor. Also distracting even if it's a big one. So I will say it helps in trading but not as much as multi-monitor option.
legendary
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Big screen like I believe others have said have its own advantages to the traders, I agree totally with Mk4 said, big screen grants the trader access to opportunities to view more charts on the screen on the go, and also see it clearer.
For example, I myself have tested to this on several occasions while trading, I connect my laptop to my TV through the HDMI port, and I can really tell of a truth that the experience is absolutely different, aside a better trading experience, this helps me see charts clearly and also gives me the opportunity or ability rather, of viewing chart of different currencies at the same time..
So yeah, there is indeed a good benefits with big screens.
For example, I myself have tested to this on several occasions while trading, I connect my laptop to my TV through the HDMI port, and I can really tell of a truth that the experience is absolutely different, aside a better trading experience, this helps me see charts clearly and also gives me the opportunity or ability rather, of viewing chart of different currencies at the same time..
So yeah, there is indeed a good benefits with big screens.
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