Trading sites switched
to a widget-based model since the advent of technology. Multiple monitors help
you to view and supervise numerous trading components on a single screen - but
that’s only for starters. Double or triple displays seem to make it a lot
simpler to manage, whereas using too many monitors could be too much.
Dual
monitor setup
Dual-monitor setups may
support most traders that depend on a few stocks, futures, or forex pairs. This
screen arrangement can be conveniently accomplished by utilizing an external
monitor laptop or, of course, by attaching two separate monitors to a desktop
computer.
Two monitors will be
used for (1) chart software and (2) Order entry (or trading news).
It is recommended that
two monitors of similar size be placed side by side. This helps make the laptop
screen less than the optimal level for this application, but it can be used if
necessary. If you're on a desktop computer, consider placing any of your apps
on a bigger display, and make sure to place it at eye level to spare some of
the neck discomfort in the future.
Triple
monitor setup
When you exchange
several commodities and want to drive across the market watching for activity,
three screens will support you far better than two. Extra devices enable you to
see more charts and monitor data feeds from places that track breakouts, trade
configurations, and many more.
Three monitors will be
used for (1) chart software, (2) order entry (or trading news), and (3) web
pages, web pages, and other research purposes.
Meanwhile, you can also
divide your setup strategically into three parts: left, center, and right. The
left side of the monitor should display the market movers, high volume stocks,
and the time and sales. Meanwhile, the right side of the monitor should show
the next time frame you are trading.
The middle of the
display will represent the primary time frame for CFD trading. Here,
you’ll be able to see the stock status window as you run through the industry
movers and the watch list. The central segment will occupy two thirds of the
panel. We're offering more attention to the middle segment because that's where
you need to focus your efforts.
What
to Remember
When selecting your
computer, you have a range of choices to choose from. Not only do you have a
choice of brand, you also have to decide on the type of monitor. Monitors are
available in the Plasmas, LCDs and OELDs. One of the most important things to
remember is that you should get the one with a good resolution.
The trading instruments
you are using need to be accurate and you don't need hundreds of charts that
publish simultaneously. What you need is a tidy setup that's all built in.
Also, you should know
what you intend to trade for the day.
You will need this to determine and track the stocks. It is also
important to set the automatic warnings to reduce the workload on your part.
Think of what that would do for you by decreasing the amount of mess in your
trading method by focusing on one monitor at a time.
