2015 Pictures of Your Trading Stations

[nakachalet]

They left because of many reasons, some didn't respect the risks, some were ballsy then ended up being afraid after the market taught them a lesson, some didn't adapt well enough. And keep in mind that most didn't "blow up" in a massive loss of capital, more so gradual declines in profitability and not enough to sustain their overhead (we each pay thousands a month). But that being said our office track record overall is still good.

To address the multiscreen setup argument, I would agree it's completely not necessary to make money in the markets but it depends on your style of trading. Longer term traders probably need just one screen but I'm predominantly a day trader and xtrader just lends itself to easily having more ladders. I found that (for myself) the more ladders you see the more likely you are to put on a trade in one of those ladders out of instinct. Meaning I saw my profits rise as I put more, and now I'm pretty much at the limit so will have to make do. But not everyone is like me. And I by no means think everyone would benefit of a multiscreen setup but definitely some people do.

Also the left half are just for when I "switch" to doing research and programming and I use separate computers for that, I have 3 for simulations and testing and others for charts and coding algos. Making the physical switch of workspace actually does help change your work mode I've found.

hi rlando87

just curious.

do u really do all these tasks while you are trading live with real money acct, pls?

you must be a virtual super supertrader to be able to accomplish all these tasks,
while focusing on your entry and all.

....Also the left half are just for when I "switch" to doing research and programming and I use separate computers for that, I have 3 for simulations and testing and others for charts and coding algos. Making the physical switch of workspace actually does help change your work mode I've found.

 

[rolando87]

Naka, I switch tasks when the markets I follow go dead around the asian session (afternoons). So I dont have to worry about trading.

 

[jk90029]

It looks nice.

But the cost for the monitors does NOT reward back to you, I believe.

10 pieces of monitors costs roughly 10*300=3K in additions to VGA monitors with multiple output roughly 1K.
As much as 4K with extra electricity comsumption can be done with two or three monitors, in my past experience.

 

[xandman]

Good point on changing work spaces. One workflow can be a distraction to the other.

 

[p0box4]

My setup; charting looks slightly different now.
I used to trade lots of forex pairs in the past, now i only trade 2 indices so 8 screens is a little bit overkill now
However i still like it to see the multiple time frames without having to click trough them.

 

[qxr1011]

no heads sets, no TV, no Bloomberg, no news, no radio...

nothing fancy: just two 20" screens - one for porn (or ET which is also a porn in itself), one for trading..

and keep in mind that u have just two eyes

 

[wrbtrader]

...To address the multiscreen setup argument, I would agree it's completely not necessary to make money in the markets but it depends on your style of trading. Longer term traders probably need just one screen but I'm predominantly a day trader and xtrader just lends itself to easily having more ladders. I found that (for myself) the more ladders you see the more likely you are to put on a trade in one of those ladders out of instinct. Meaning I saw my profits rise as I put more, and now I'm pretty much at the limit so will have to make do. But not everyone is like me. And I by no means think everyone would benefit of a multiscreen setup but definitely some people do.

Also the left half are just for when I "switch" to doing research and programming and I use separate computers for that, I have 3 for simulations and testing and others for charts and coding algos. Making the physical switch of workspace actually does help change your work mode I've found.

Agree...we as traders need to find that workspace setup that we feel comfortable in being a trader. Sometimes it requires trying different workspace setup, different locations in the office, lighting and everything else.

Simply, our office space design which includes beyond just the desk does have an impact on our trading. I'm talking about our health (e.g. stress, back, legs, wrist, eyes, neck, feet, digestive, blood circulation and so on)...this really is more of an issue for those trading for a living and at their desks for long periods of time. You may not take it serious but I remember once someone in the office I traded in many years back...the guy was making about 8k per day and he had this crappy chair that he used for sentimental reasons (I think it belong to his dad or something like that)...5 months in that chair and he started complaining about soreness in his back. Months later, his back goes out. He couldn't trade for about 3 weeks.

That's lost productivity...lost income (8k per day for 3 weeks) and stress because he has a family...he was not much help to them with that bad back problem for 3 weeks. He later got rid of that chair and got one that properly supported his lower lumbar, he made sure his monitors were setup at the proper eye to monitor distance and many other things at his desk...along with doing a mid-day stretching routine. After that, no more problems. The guy has an expensive lifestyle and he really could not afford to have another episode like being knock out of work for 3 weeks or more. It's a big concern for anybody that's basically self-employed.

Seriously, these are issues for anyone that works at a desk...not just a concern for traders.

Anyways, a good friend of mine is an interior designer for business and I was shock at the amount of scientific and psychological research that shows changes in our stress level, physical health, productivity just by making changes in our work environment.

Simply, if trading is a career...our trading environment needs to be a key piece of the trading plan.

I myself will soon be switching to the "standing workspace" (no more sitting down while trading) because I'm not getting younger and I want to keep my good health status. There's ton of free information on the internet about these issues. I highly recommend people research it and make changes in their trading environment if needed.

Successful trading involves more than just trade signals.

 

[nakachalet]

in addition to all the trading equipments and aparatus a trader would
very much want to have for their personal trading edge and all, there are other
far more important trading essentials that each must have, above
and beyond what every trader can acquire with money;
in order to become even remotely successful and profitable in trading.

just a thought question:

for those avid traders, regardless whether you are
trading sitting and relaxing on your 8,000 usd comfy massage chair or
trading standing up with your 300 usd nike:

are you certain that all those trading for a living,
trade all days and at their desks for long periods of time....?

is it probable that some of them just trade for a few hours each day?

is it probable that some only trade a few days week?

essentially, i do agree with most that trading setups are personal and you must
have what you need in order to trade profitably and comfortably.

but the most important of which is never the hardware, nor software,
nor whatever that most traders talk about everyday....

succinctly, some of the most important tools that ALL profitable traders must
individually and personally possess.... are a combination of the followings,
may i venture to guess:

their trading setups that would show them with consistency:

1-the direction of the variation of price continuum

2-the longevity of that directional signal

3-the velocity of that signal--directional specifics, and

4-the impending directional changes toward new directions,
buyers/sellers exhaustion

5-the normal visual and/or statistical juxtaposition to arrive at all the above
with certain degree of functionality, validity and reliability.

6-even with all the above, traders with such vast advantages, would only
humbly admit, that certain surefire setups are not always profitable.

7-the 'holy grail' setups are almost always profitable only when applied to certain market conditions.

that is one among several major reasons why BACKTEST almost always produces discouraging conclusions, even if you have a profitable formulae
on hand.

i'd better stop ranting at this point. thx much for your time and indulgence .
profitable trading everyone. so long.

WONDER SHOULD I GET OUT OR NOT
posted for fun and pleasure and entertainment only, with no trading value whatever, implied or otherwise.

 

[stillgrinding]

here's mine. I'm downsizing soon as I have been getting distracted a bit too much lately.

 

[nakachalet]

View attachment 158036 here's mine. I'm downsizing soon as I have been getting distracted a bit too much lately.

great setup indeed. practically a money GRINDING machine.... LOL

like it very much. thx for sharing.

and here is mine, demonstrating market's cooperation which is intended for fun
and entertainment; no trading value whatever implied or otherwise;
no intention to get tangled up nor with any person or entity. enjoy.
profitable trading to everyone with one or forty trading screens.