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Topic: Does monitor size affect trading? - page 6. (Read 737 times)

legendary
Activity: 1862
Merit: 1209
August 24, 2023, 11:22:59 PM
#10
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.
member
Activity: 467
Merit: 13
August 24, 2023, 11:09:30 PM
#9
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?
If you are a trader, you need to check the charts clearly and analyze them. If you have a small screen, it will be really difficult to check the chart and see the overall view. But if you have a big monitor, you can clearly see the overall action and the history.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
August 24, 2023, 10:56:46 PM
#8
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?
This is about practicality, there are some people out there which trade on their smartphones, however the screen of any smartphone is smaller than a monitor, so you risk reading the price wrong and as a consequence making a mistake, and depending on how bad you read the price the magnitude of the mistake can be smaller or bigger.

So instead of taking such a risk trading using a big screen is recommended, also if you trade several markets you could even use several monitors, now this will only save you a few seconds as you can always switch desktops with ease, but when execution is key and a few seconds can be the difference between winning and losing then it is better to get more monitors to aid you as a trader.
sr. member
Activity: 602
Merit: 387
Rollbit is for you. Take $RLB token!
August 24, 2023, 09:46:00 PM
#7
No special effect than to have better trading experience because big screens are better than smaller screens.
Bigger is better but screens only need to be big enough. We don't actually need to use oversize screens just for trading and think such screens are helpful for our trading and positively increase our trading accuracy and profit.

Our profit is from our entries and exits which are determined by our knowledge, experience and patience to keep up our discipline for position open and closing. If we don't have enough factors, only an oversize screen is useless and can not help us to increase our profit.

Bigger screens potentially affect our emotion more that will cause more bad decisions and also negatively affect our eye-sights in long term.
legendary
Activity: 3080
Merit: 1292
Hhampuz for Campaign management
August 24, 2023, 08:51:19 PM
#6
It's more convenient with big screens, especially if you are a day trader. It could be helpful in that case. It's like having better tools that can lead to better results. If you are serious about trading and considering it as a full-time job or venture, investing in that kind of setup is essential. As for me, I use my laptop and it works for me, but I'm not a big-time trader. Smiley
newbie
Activity: 14
Merit: 8
August 24, 2023, 08:47:04 PM
#5
it's not only for aesthetics. trading with a wide monitor gives you better experience in trading since you can have a larger size of chart. I'm trading with a triple monitor setup since I'm trading with different coins. Also monitor size give you space if you're going to use multiple screen windows has that feature where you can split your screen with different tabs. It doesn't have affect the outcome of your trade but gives you more insights with the move of the market. You can use big monitor if you have a lot of budget but if you're starting on trading only you can start with only what you can afford. before I only use 24 inch monitor the basic one but now im using 32 inch wide monitor and 2 extra 24 inch curve monitor.
copper member
Activity: 2128
Merit: 1814
฿itcoin for all, All for ฿itcoin.
August 24, 2023, 06:25:59 PM
#4
Most of them do it, so they can be able to carry out Technical Analysis or view multiple charts at ago, but it has less to do with the outcome of the trade. It has more to do with convenience

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
sr. member
Activity: 1022
Merit: 368
August 24, 2023, 06:23:11 PM
#3
It doesn't matter for the professional trader who already has the skill and knows just what to look for on the screen. But for the beginner trader who needs to learn about technical analysis and see the full screen so as to get conversant with the details, screen size matter alot. There is also a small group of people for whom whether they be beginners or not their trading is not affected by the monitor screen size
legendary
Activity: 1652
Merit: 1208
Gamble responsibly
August 24, 2023, 06:20:15 PM
#2
No special effect than to have better trading experience because big screens are better than smaller screens.
full member
Activity: 658
Merit: 172
August 24, 2023, 06:09:02 PM
#1
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?
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