Very nice. Thanks for sharing.Volpri,
Check this out ...
Very nice. Thanks for sharing.Volpri,
Check this out ...
That's a fine computer, you're just spending ~$300 more than you would if you built it yourself.
That's a fine computer, you're just spending ~$300 more than you would if you built it yourself.
I have 2 dedicated PCs for automation, bare bones-but neither does trading-standby, and bought a Dell 17", 500GB drive with 3 year warranty brand new from Walmart for $375 in Nov 2017 for very little manual trading, shipped to the store so no shipping costs. I have some older machines I do backtesting, etc and Acer 17" for email, it used to be machine used for manual so it is five years old-think I paid $300. I use to spend thousands for equipment, not any more. Fast Internet is for me wishy washy cause I live near the border, so automation are on others' servers near the exchanges where those are traded.
If you going to do scalping, fast day trading, multiple orders and have platform coded to help or fully programmed, Internet speed most important, but everything else much less so. If you can afford, get 3 laptops, 1 for dedicated trading, another for backup, and 3rd email, surfing etc. Getting best resolution and video card more important for your eyes than most anything else. I don't notice any speed difference between regular drives and SSD.
Thanks for all the responses!! Im not really manual scalp trading.. but i expect my algo to trade 5 times a day in chop. The reason for going for a hefty computer is the backtesting.. if i want to backtest a 5min chart of the last 360 days then I'm assuming I will need some heft??
am i wrong?
The one thing missing from Dell systems is a decent cooling system. Algos can be quite data intensive and require constant CPU use.
You don't need much computing power with today's hardware level for average back testing. Are you testing on years of tick based data? Is your backtest framework extremely complex and multi threaded? Then you might need specific components. But for the needs you described even a fast quad core CPU is way sufficient. I would rather go for 32gb vs 16gb memory than opting for a 6core vs 4core CPU in case of budget constraints..
OK, here my summary: from what you described you don't need to spend that much on a computer. You clearly are a beginner in this field which is perfectly fine. Get a machine with i5 CPU which is way sufficient for your needs, 16gb 32gb memory, an ssd drive for the OS, 256-500gb, a solid hard disk perhaps 2-4tb. Don't ever waste a penny on a fancy graphics card. You don't need that for trading. The computer should definitely lie way below 1000 dollars for such setup, in fact it should costs closer to 700. The Dell machine is way overpriced for what it offers.
I will absolutely run as many years as I can get with IB in MC.. running powerlanguage and not running on MC.net... I havent gotten there yet
the calculations for the algo shouldn't be calling data farther back than 150 ish bars
the big thing here is I just dont want to get a computer that will satisfy my backtest today... Im trying to make sure I will have plenty of room to grow in this computer... as I get more sophisticated..