Using the right computer optimizes the functions of the trading software you’re using. It is fast and reliable, so you can make the right decisions in an instant. Otherwise, you might end up missing market opportunities and suffering from catastrophic losses.
With too many options for a stock trading PC, deciding what to pick can be overwhelming. Read on and learn from our recommendations in this short guide.
PC for Day Trading: Components and Specifications
One of the most important components is high-speed RAM. A great option is 16 GB of RAM if you want to view data in split seconds.
In addition, your day trading PC build needs a fast CPU or processor. The minimum speed should be at least 2.8 GHz. It will directly impact the processes and programs your computer can handle at a given time.
Of course, you need a monitor or screen in your trading PC setup. The minimum resolution should be 1080p. You might also need at least two screens if you want an easier way to monitor your trades.
A graphics card is also a must-have. It must have 2 GB of RAM if you’re using one or two monitors. If you have more than two screens, it should be at least 4 GB.
Lastly, the best trading PC needs a good hard drive. Aim for a solid-state drive or SSD. It’s reliable and can quickly retrieve information.
Essential Tools and Accessories for Your Day Trading PC Set-up
Aside from the main components, you also need different tools and accessories, including the following:
- Mouse: This will make it easy to hover over the screen. Make sure it’s ergonomic, so you’ll feel comfortable even after a day of trading.
- Keyboard: You’ll be inputting data on your computer through your keyboard. Go beyond aesthetics and consider your comfort as well.
- Backup Battery: Power interruptions can happen, and it can ruin your trades. As such, it is wise to invest in a backup battery for your peace of mind.
What are the Differences of Day Trading PCs
One of the major differences in day trading PCs is their specifications. These are not just mere numbers. Rather, they directly correlate to the day trading PC performance. Hence, you need higher specs if you want more reliable performance.
Meanwhile, price is also a significant difference you’ll encounter when searching for the best PC for day trading. As a beginner, you don’t need the most expensive option. However, the more expensive ones are often the most advanced.
Whether you’re looking for a thinkorswim PC or a computer that runs any other trading platform, they can also differ in terms of usability. If you’re a beginner, find one that is easy enough to operate.
Top 5 Desktop Computers for Day Trading
To make things easier, here’s a quick roundup of our recommendations for the best PC for day trading:
- HP Envy 34” All-in-One Desktop: The sleek and space-saving design makes it a great choice. Its monitor has all the necessary components for the computer to run.
- Dell OptiPlex 26″ All-in-One Computer: If you need something more compact, this is a great option. The processor has Turbo Boost, which makes it extremely powerful.
- HP Pavilion Desktop PC: With a dual-core processor and 8 GB of RAM, it’s powerful enough to handle demanding trading applications.
- Apple 21.5-in iMac Desktop: This is even smaller than the computers mentioned above. It comes with a 7th Gen i5 Intel Processor, which is responsible for its reliable performance.
- Dell G5 Gaming Computer: Don’t let the name discourage you. It’s powerful enough not just for gaming but also for day trading.
What Should I Look for in a Computer for Day Trading?
As you narrow down your options for the best PC for day trading, one thing to look at is the technical specifications. It’s also crucial to look at the costs, especially if you’re on a budget. Don’t forget to read reviews as well, and learn from the real-life experiences of other traders.