Does monitor size affect trading? - page 5.

TelolettOm

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Quote from: safar1980 on August 25, 2023, 04:02:48 PM

For me, a large monitor is 60 inches, but I have not seen traders with such monitors.
The larger monitor size allows traders to view multiple charts, indicators, and other financial data at the same time, but all this does not require a large monitor.
I am comfortable with 2 monitors of 24 inches, but since I do not trade every day, I watch movies and YouTube on the second monitor.

60 inches is surely too wide, it is not a proper size for trading. Yes, it is only appropriate used for viewing the charts or displaying certain data. But since it doesn't really needed, it is unnecessary to have 60 inches monitor. I think 14-15 inches are enough for trading, it is the standard/common size for laptop monitor. Or if we want to have a larger size, a computer with monitor 18-20 inches is enough.

Quote from: Cling18 on August 25, 2023, 04:20:20 PM

No, it doesn't have anything to do with the trading result but if it provides comfortability to the trader, well it could help them create better decisions.

It will be comfortable if the size is appropriate/suitable. But if the size is too wide, it won't be comfortable anymore. I am sure a professional trader won't choose a large monitor with nonsense size, they will choose a normal size that fits with the need of trading equipment. Grin

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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 should trade at your most convenient way, and if having a big screen can work with you then so be it.
Just to remind you that your PC Monitor will not affect your trading at all because it will always depend on your analysis and your strategy towards trading.
There are traders who are just using their mobile phones to trade and the screen is not an issue with them, I think you have to develop your skills that upon looking on a plain price trend you can already see the possible scenario of that trend.

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

...Is this my opinion correct or is there no special effect that trading on big screen has?

Those who know how to trade will get a profit even when using a smartphone. But of course, a large screen for trading is more functional, as it allows you to place a lot of charts and tools without the risk of becoming unreadable due to the small size. It's about the same as watching a movie on a big TV screen or on a smartphone.

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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?

It depends a bit on how much you trade and what kind of information you rely upon. Having a big screen or using multiple screens has some advantages over small/one screen users. The biggest advantage is that you can display a lot of more information at once and don't have to Alt+Tab through multiple layers to find what you are looking for. I think that in today's world any person that work on a PC every day should have at least two screens if their monitor is not that big. The price for a new monitor is relatively low at the moment and if you only need a monitor for office work and trading than you don't have to pick any expensive ones with a short reaction time for gaming. For me it helps a lot if I can have the browser or YouTube open one side, excel in the centre and my portfolio on the other side. But this is mostly for comfort and I wouldn't say that a bigger screen directly leads to better trading results. It's not like you make a better judgement of the market only by looking at bigger numbers on a huge screen. If it makes your life easier use it as an additional tool, just don't rely on it as the solution to your trading problems.

libert19

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Quote from: Bitcoin_Arena on August 24, 2023, 07:25:59 PM

I personally know how hard it is to analyze charts using a mobile phone. So I use my PC to analyze charts and then if I am to use a mobile phone. I only open or close a position using it. Ever tried opening trading view on a mobile phone? It sucks! Grin

Trading view has android app [1], should be more convenient to use.

[1] TradingView Android

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Quote from: Jawhead999 on August 25, 2023, 12:22:59 AM

You can answer it by yourself, what device you're currently use to access this forum? PC, cellphone or iPad? If you have two devices, try to use both of them to post in this forum, which one is more convenient and better for you? same happen with a small monitor and big monitor, you will feel different and know which one is better for your productivity. A big monitor itself will not increase your profit in trading.

Yep, I can relate here, because in my work I use multiple monitors but I am using them because of productivity, I feel productive if I have more than 1 monitor because each monitor has their function but on trading, I don't think so. I don't know how it works.

What I can see only if they have big monitor or multiple, they tend to use it to display multiple pairs in the same time, maybe they are using it to monitor some price action real time? and they can enter on the trade immediately?

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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?

Not really that totally that a serious thing to mind about which i could really even make trades in the convenience of my own phone or mobile specially when im in transit on which it would really be that so easy when it comes

to accessibility which it cant really be denied but the fact that having a huge screen does really give out also that good view on your trading chart on which you could really be able to execute it out well or not really that prone to errors because you cant accidentally click those buttons because of good view angle or space. In my current set up specially on my desktop then i do have triple monitor.
One is for open chart and the other one is for social media and messaging apps and the other one is the screen of my own home based job which it does really bring out that kind of experience which it isnt really
that hassle on making alt+tabs on everytime you are trying to access something.

On the question does it affect trading? Not really because you can still trade with small screens but cant really deny that having a huge monitor is really that something
good in the eyes.

Captain Corporate

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This is a childish way to approach this and I do not think that its going to really matter as much as you think it will. I am not denying the help you may get from a monitor, of course a big one (or multiple regular size ones) would be help if you really know how to use it, that's why there are so many people with bigger ones, however that is not a requirement at all. For example a lot of professional traders on wall street have just one, they also have a screen that shows general market information for all of them at the wall, but the trader has just one in most places. All in all I have seen people trade and profit with their phones, its not the monitor that makes you profit.

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No, it doesn't have anything to do with the trading result but if it provides comfortability to the trader, well it could help them create better decisions. It is important that we have a better working space and equipment so we can focus on what we do. Some professional traders prefer big screens so they could focus firmly on the chart.
However, there are also traders who don't care too much about the equipment and gadgets but rather focus on the strategies and wait for good results. Some of them are just trading using their mobile phones. It all depends on our personal preferences of comfortability. What important is we can deal with every market situation.

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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?

For me, a large monitor is 60 inches, but I have not seen traders with such monitors.
The larger monitor size allows traders to view multiple charts, indicators, and other financial data at the same time, but all this does not require a large monitor.
I am comfortable with 2 monitors of 24 inches, but since I do not trade every day, I watch movies and YouTube on the second monitor.

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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?

Well, a true craftsman or journeyman must have the right tools inorder to excel at their craft. Same goes to those who have made a career out of trading from their homes.
We see cases of traders having to customize their living space by fitting in aesthetics and furnitures that makes the environment comfortable, gamers do same too.

In my opinion, the screen size has little to do with affecting trading, but it such can help one feel more atuned to the environment and easily spot and monitor different trade zones and timelines in one go.

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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.

No, a bigger screen won't have a significant impact on the outcome of trading. Knowledge, experience, and good mentality are the big factors that can bring impacts on the outcome. Professional traders use big monitor, top hardware, and decorate their work space to make them more comfortable in trading. They must spend a lot of time to trade daily, they will make the work space to be as comfort as possible. So, it is very clear that there is nothing to do between the size of monitor with the outcome of trading.

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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?

With or without a big screen trading system, you can make a profit off the market when you trade the right way, however, one thing differential that it does is that during market analysis using a big screen PC, helps the trader to see the bigger picture of the trending market and helps traders make better trading decisions and thereby enhancing their trading experience only if you are already a good or profitable trader.

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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?

Yes, that is you can see the charts bigger but instead of buying a monitor for thousands of dollars they can simply use the split monitors which will do the same work for much less cost but when they have money they don't know where they are spending.

In some case, they simply do it to show off their workplace like a studio for them and we can see the same kind of attitude with gamers.

Apart from this there is no positives for using big screen and regular screen.

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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 it's individual. For me personally, the monitor matters. More of some details may be visible on a large monitor. For some people, monitor size doesn't matter. I think that there is not much difference, but for example, some operations are difficult to carry out from the phone. Therefore, the larger the monitor, the better for me. Also, if you carry out any analysis of graphs, then this can be done better using a large monitor
In my experience, the more experienced a person is in trading, the more monitor he has, and sometimes even several monitors - two or three for better analysis.

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Monitor size really matters for me since you can clearly see all the information you need to see in the chart. If you have a big monitor, your eyes will be relax and no need to be near in the computer just to see small details in the chart. It's also good to see multiple charts in one monitor. So it would be better if your monitor is big, that is trader's dream. However, no matter the size of the monitor it's doesn't affect your trading because you can both make analysis. For you to know, I have friend who can still make profit in trading even though he is only using phone.

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I see where you are coming from. The social media is filled with users showing off their large monitors and RGB lights which are promoted and shows trading going on. This is a narrative that is done by many social media jerks. The objective is to induce a sense of greed for money through these aesthetics and equipment that most people may not be able to afford.

I trade mainly from my smartphone or laptop but I make decent amounts every month in fiat and bitcoin. Most decent traders keep their spending on devices to a necessary amount and not luxury so work on trading not your computers.

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Lol. It's solely due to the fact that bigger and more monitors means you can see the charts in a clearer manner, and that you can fit more charts in those bigger screens. You don't necessarily fit one chart in one single big screen — you can divide them into smaller pieces using certain websites and/or software.

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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?

A big monitor will bring you extra x2 when trading any crypto pair.

I am sure that a big monitor is an element of convenience and comfort for traders during their work, as they spend a lot of time analyzing the state of the cryptomarket. Bigger monitor size = more information can fit. You can also trade behind a small monitor (look at the old movies - in those days, they also somehow traded for profit, right) and at first, it makes no sense for traders, when they are just starting their activities, to spend money on big and expensive monitors. In the end, you can always connect several smaller monitors and the effect will be close to large sizes.

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I think the use of such a large monitor will be multitasking showing several windows simultaneously, this means it must be supported by a high CPU specification.

I personally am not a trader who is said to be a pro, so I don't really need a large monitor size as long as there are no special needs, the most important thing is comfort when viewing it longer.

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