Mobile phone vs. laptop vs. tab...what's your preferred device for day trading? - page 3.

Zilon

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Quote from: 9thsky on August 18, 2021, 01:09:19 AM

Note: Question is SPECIFICALLY to experienced day traders who have been day trading for several years and spend AT LEAST four hours a day trading.

If you're day trading full time and you have all the time in the world for it...and you can only choose one of those devices, which would you choose...and most importantly, why that one instead of the others?

I will go for a laptop because it saves me the time for unnecessary back testing. Using Android will require back testing to see if price action has obeyed the set-up I'm about to trade which will require me to trade and most times even after the back testing the picture might still not dispi clearly. But with a laptop I can instantly view view previous price action just in one glance

AakZaki

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My main trading tool is still a Desktop Pc, because everything can be done in front of a Desktop PC. If you only use a smartphone or tablet the work will be limited. The analysis will be limited and it will be more difficult.

More secure and free to use a Desktop PC. Every day I spend about 4 hours doing analysis in front of a desktop PC. Cell phones and tablets are only portable devices to check the market and do some entry if you are outside the house.

semobo

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Quote from: Fatunad on August 19, 2021, 12:07:54 PM

Quote from: semobo on August 19, 2021, 11:57:51 AM

Quote from: 9thsky on August 18, 2021, 01:09:19 AM

Note: Question is SPECIFICALLY to experienced day traders who have been day trading for several years and spend AT LEAST four hours a day trading.

Atleast this kind of multi screen setup will be there when someone successfully day trading for years

~

And when someone is day trading they have to look into the analysis all the time so small screen will be a bit annoying thing for them.

You would once realize these when you are already aware on how this market works and you would surely be finding out on what are the things needed for you to get comfortable towards your trading career.
When you don't know on what you are doing then having those multiple screens would really be irrelevant.If you are not a daytrader then those kind of set-up wouldnt really be that much needed
but when you are really making out some trades on active basis then you would really be needing this if you do know on how to maximize or making yourself efficient.
It would really be according to needs since we are totally different to each other.

I didn't mention this is for the beginners but OP said when you sre day trading for years then what you will prefer then ofcourse proper setup is indeed. And I won't recommend the day trading if someone actually don't have the deep knowledge about analysis since they can lose all the profits they made in a day or months with single bad trade.

Fatunad

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Quote from: semobo on August 19, 2021, 11:57:51 AM

Quote from: 9thsky on August 18, 2021, 01:09:19 AM

Note: Question is SPECIFICALLY to experienced day traders who have been day trading for several years and spend AT LEAST four hours a day trading.

Atleast this kind of multi screen setup will be there when someone successfully day trading for years

~

And when someone is day trading they have to look into the analysis all the time so small screen will be a bit annoying thing for them.

You would once realize these when you are already aware on how this market works and you would surely be finding out on what are the things needed for you to get comfortable towards your trading career.
When you don't know on what you are doing then having those multiple screens would really be irrelevant.If you are not a daytrader then those kind of set-up wouldnt really be that much needed
but when you are really making out some trades on active basis then you would really be needing this if you do know on how to maximize or making yourself efficient.
It would really be according to needs since we are totally different to each other.

semobo

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Quote from: 9thsky on August 18, 2021, 01:09:19 AM

Note: Question is SPECIFICALLY to experienced day traders who have been day trading for several years and spend AT LEAST four hours a day trading.

Atleast this kind of multi screen setup will be there when someone successfully day trading for years

And when someone is day trading they have to look into the analysis all the time so small screen will be a bit annoying thing for them.

Cling18

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Quote from: airdata on August 18, 2021, 04:06:17 AM

Mobile, Tablet and Desktop all is good for Trading, but main things is knowledge. Still many traders use smartphone for trading but it is correct that have many advantage for using desktop. We can see all feature of Exchange, Trading chart, buy/sell order, history and also more with clearly.

Every gadget that could access exchanges and trading sites would be good and convenient to use so we could pick what we're comfortable with. Yes, the desktop has an advantage because there's no limit when it comes to accessing s the features of exchange but a mobile phone will also be convenient since we could do trading anywhere and anytime.

Tigerheart3026

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i feels good in big screen for the trading. btw in my circumstances not possible to open laptop for a few hours.
in mobile phone it's difficult job, mobile can not provide user friendly interfaces, and screen will small there so trouble to see signal.

zanezane

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Quote from: Beparanf on August 19, 2021, 09:45:26 AM

Quote from: zanezane on August 19, 2021, 08:09:40 AM

~

You can classify PC as laptop since the function and feature is same except for its portability. Trading is better on PC/Laptop because you can clearly see the pattern on charts with a bigger screen unlike phone or tablet. You can setup multiple indicators and change it easily via PC but it doesn't mean that mobile and tablet is not good on day trading. It depends on the situation because you do a good TA too on mobile or tab because you can both use the chart and function on both devices. You just need patience to do it properly.

Nope it's different, why is it called laptop then if it's not portable plus laptops are prone to heating really fast you use it for about an hour or so but PC don't have that problem since there's water cooling, and there's also the ability to upgrade to multiple screens. So no, it's not classified as a laptop.

conected

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Quote from: zanezane on August 19, 2021, 08:09:40 AM

You forgot to add PC, it's much better than all of them because it has wider screens so you can do more activities and it doesn't heat up like crazy like a laptop and it can even be reduced when you put coolant and stuff. Another reason why PC is better is even the lowest in the market currently can be used compared to a laptop.

- Wide screen and the ability to cool devices easily are just one of the useful features of desktop computers, more convenience is still worth as you say, a low cost and combined with many different gateways we can trade on many different altcoin charts, once we have day-trading it is still advisable to choose desktop, phone and laptop computers that can make travel comfortable but in general, the most comfortable is still at our house, moving out is only due to mood effects as well as some private work.

Beparanf

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Quote from: zanezane on August 19, 2021, 08:09:40 AM

You forgot to add PC, it's much better than all of them because it has wider screens so you can do more activities and it doesn't heat up like crazy like a laptop and it can even be reduced when you put coolant and stuff. Another reason why PC is better is even the lowest in the market currently can be used compared to a laptop.

You can classify PC as laptop since the function and feature is same except for its portability. Trading is better on PC/Laptop because you can clearly see the pattern on charts with a bigger screen unlike phone or tablet. You can setup multiple indicators and change it easily via PC but it doesn't mean that mobile and tablet is not good on day trading. It depends on the situation because you do a good TA too on mobile or tab because you can both use the chart and function on both devices. You just need patience to do it properly.

batang_bitcoin

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It isn't convenient to use mobile phone as you day trade. Most of the day traders that I've seen, they've got the minimum of two huge monitors on their front following the charts of their chosen coins to trade. That's why if you're planning to do day trading with just using your mobile phone, forget about it but you can have a try and see if you're going to be convenient doing that. But no day trader I've seen really have that preference for their day trades.

zanezane

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You forgot to add PC, it's much better than all of them because it has wider screens so you can do more activities and it doesn't heat up like crazy like a laptop and it can even be reduced when you put coolant and stuff. Another reason why PC is better is even the lowest in the market currently can be used compared to a laptop.

DarkDays

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Quote from: 9thsky on August 18, 2021, 01:09:19 AM

Note: Question is SPECIFICALLY to experienced day traders who have been day trading for several years and spend AT LEAST four hours a day trading.

If you're day trading full time and you have all the time in the world for it...and you can only choose one of those devices, which would you choose...and most importantly, why that one instead of the others?

Desktop tabs hands down. Mobile phones are not the same as laptops, the features are smaller if existing at all and can't perform a trade as fast. The advantage I find with desktop tabs is that you can monitor it better using different monitors and act right away - obviously this is not the case on a phone.

From my experience, phones are great but only for short-term checking and not so much trading.

Rexler

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I prefer laptop to any other device, reasons because it has a bigger screen which could make drawing of lines across candle sticks much easier and also makes analysing chat so easily, well I don't trade up to four hours a day but i can say am good at trading but not perfect yet, can anyone actually be perfect in trading?. Any good trader would agree with me that trading with system seems more convenient and also gives us perfect views of chart patterns.

checkmatesir

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One of my brother is using mobile for trading and he is a good trader as well because he earn a lot from trading even every week , the way he is going to analyze the coins is amazing. So, i preferred you to use mobile for day trading, as i'm also using mobile for trading because it is easy to check the coins and trade in it.

Wawa2013

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Quote from: ene1980 on August 18, 2021, 05:05:38 PM

When i am trading or doing my research i need my laptop after that i am fine with the mobile phone to monitor the market as i am comfortable in that way. I am not claiming myself to be a expert in the field but since i am here for a long time i am made some successful bids and made huge profits and that is how i proceed with trading. In short i like trading in a bigger screen Grin

.

The point you said by trading in a bigger screen I totally agree, I also feel comfortable doing research and analysis when trading on a laptop.
Because it is more convenient to compare charts of price movements in the market, and also more comfortable reading articles related to trading
if on a large screen. So since the beginning of learning to trade and until now have started to understand how to make a profit from trading,
I always do everything on my laptop.

palle11

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Quote from: Ekeleboy on August 18, 2021, 02:05:17 PM

You can use a mobile phone as much as you can use a laptop, tab or desktop computer. Finding your way around daily trading is not a difficult task when it comes to the use of these gadgets. But mobile phones is more preferable anyways. The ease of being able to carry it around and not having to seat before a desktop all day. It's mobile.
Add it could access the apps and Web apps you use for trading as you'd access them on a desktop or tab.

I strongly believe that mobile phones give more convenience and comfort in trading especially the experienced traders, yes the newbies will definitely find it to be difficult starting up with trading on phones because they can never understand or enjoy it. An experienced trader finds more comfort with it and that is the area I'm pointing.

I checked online to see certain phones that are good for mobile trading and more are upgrading. Trading has gone mobile and phone companies are upgrading to same level of manufacturing high tech photos with large screen space too.

ene1980

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When i am trading or doing my research i need my laptop after that i am fine with the mobile phone to monitor the market as i am comfortable in that way. I am not claiming myself to be a expert in the field but since i am here for a long time i am made some successful bids and made huge profits and that is how i proceed with trading. In short i like trading in a bigger screen Grin

.

Ryker1

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Well for me --it is a good tandem if I will use laptop and mobile phone while in trading, these tools will help you a lot and I can't able to trade without my mobile phone and if the phone only I can't able to trade to, there must these two devices. When I was a day trader before, I always monitor the price using my mobile phone while executing trades on my laptop. The choices are both laptop and mobile phone, they are the most important in trading before you will start. In my own --I cant able trade-in one device there should be an extra backup.

Myleschetty

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Quote from: palle11 on August 18, 2021, 03:12:13 AM

Quote from: 9thsky on August 18, 2021, 01:09:19 AM

If you're day trading full time and you have all the time in the world for it...and you can only choose one of those devices, which would you choose...and most importantly, why that one instead of the others?

Day trading isn't about having all the time in the world to keep looking at the trading windows and that is why mobile phone is the best this time around. You don't need to seat at home in front of monitor or desktops because you are trading, even laptops are fading away and mobile phones have rightly taken over , you can do everything with mobile phones while trading. You just need a more tech phone and you enjoy your trade from anywhere.

Just as the saying "crypto never sleeps" which is the common slogan of cryptocurrency day trading and if you're used to how they operate or know someone thats do it, you'll know that they spent almost all their time checking the chart and that's the reason why a crypto traders correction centre was established in the UK.

Quote from: palle11 on August 18, 2021, 03:12:13 AM

Quote from: mk4 on August 18, 2021, 02:48:20 AM

Not me, but I know a few "experienced" day traders — just desktops and laptops with multiple monitors. Though they use their phones to check out the charts when they're out and about(when we're out to dinner or a night of drinking), 99.9% of the trades occur on their Windows/Mac devices.

The type of trading that you spend more time on desktops, laptops or monitors can make trading very boring. That was the beginning of trading when very fast smart phones were still not out, expensive and far from the reach of newbie traders and traders who were still struggling. But you can see in your post too that with mobile phone, you can check chart, analyse trade , interchange trading pairs and do everything done with desktops including making orders.

To my understanding, the use of mobile phones happened when the trader was out as said by mk4 but they use a bot to execute 75% of their trading when on mobile or does some few update.

Topic: Mobile phone vs. laptop vs. tab...what's your preferred device for day trading? - page 3. (Read 540 times)