Lots of monitors just to show off?

[marketsurfer]

it boils down to personal taste. some of us enjoy driving a ferrari, others are happy in a mazda. they both serve the same purpose and will get you to your destination. it just depends how you want to go thru life....

best,

surfer

 

[plumlazy]

Quote from nitro:


Compartmentalize.

As I get older, I seem to have more problems remembering names and remember how to spell things.

I hope it is not early Alzheimers :eek:

Now, what was it that I meant to say?

nitro

What you meant to say was, *I'm almost certain that it's early alzheimers :eek:

I have have been noticing it progressing on me also. Luckily it hasn't affected me too bad yet affected me too bad yet affected me too bad yet affected me too bad yet affected.....uh.......

Now, what was it that I meant to say?

 

[howardy2k]

Quote from Mr Subliminal:

Two elderly women were eating at a restaurant one morning. Ethel noticed something funny about Marge's ear and she said, "Marge, did you know you've got a suppository in your left ear?" Marge answered, "I have? A suppository?" She pulled it out and stared at it. Then she said, "Ethel, I'm glad you saw this thing. Now I think I know where my hearing aid is."


Three sisters ages 92, 94 and 96 live in a house together. One night the 96 year old draws a bath. She puts her foot in and pauses. She yells to the other sisters, "Was I gettin' in or out of the bath?" The 94 year old yells back, "I don't know. I'll come up and see." She starts up the stairs and pauses. "Was I going up the stairs or down?" The 92 year old is sitting at the kitchen table having tea listening to her sisters. She shakes her head and says, "I sure hope I never get that forgetful." She knocks on wood for good measure. She then yells, "I'll come up and help both of you as soon as I see who's at the door."

 

[RAMOUTAR]

Quote from Chris Watts:

I work at a prop firm, and sometimes think that some traders simply have way too many monitors. For example, there's a row of korean guys who sit near my group. Each of them has 7-8 monitors each. Perhaps if they made thousands of dollars on a daily basis it would be justified, but I'm finding out half of them are pikers and the other half avg a couple hundred a day. Do some of you feel having more monitors actually helps your trading? or do most of you have them for purely "show off" purposes.

I personally have 4 (99% of the time, i'm just watching 2) and have absolutely no need for any additional ones.

I use ONE monitor. It may just be habit, and like many ETrs here, I started trading actively well before the days of multi-monitor setups. I personally find those setups very distracting. Why? One simple reason..."The more you look at, the less you see." I use every window on my screen to enter, manage and close positions. Frankly, the way I feel is, if a window is going to flash, make a noise and divert my attention, it better be a damn good reason. If a window or program distracts me and does not contribute to my trading, I eliminate it. I don't need to have the charts expanded during the day, since I already have a vivid print of them in my memory. All of my scanning is done before hand.

Try this...make a list of all the windows you need to trade. Then try and fit all of those windows on one screen. This exercise mya help you increase your focus. Give it a shot.

 

[Ken_DTU]

fwiw, I find having 6 monitors helps *tremendously* since it's important to see thumbnail charts for breakouts, market internals like:

nasdaq trin
compq
large time and sales windows
sector breakout charts

etc..

http://www.dtu1.com/!!6mon.gif

for example..


but to each their own, if you can trade competently with just 1 monitor, that's fine too.

hey some informercials show guys in bed trading from a laptop too.

Seriously, experimentation with a number of trading setups is a good overall approach, as every trader "does their own thing", we're all different, in what works for us.

A "power trading rig" probably isn't needed for slower trading, swingtrades etc... for precision first-hour open range breakout scalps though, I find having a more complete picture of the market, is very helpful.

my setup has changed a lot in the last year, that's an older screencap, still, hope it's helpful, thought-starter etc..


ken


LXK what a mover today 7/21

 

[RAMOUTAR]

Quote from Ken_DTU:



but to each their own, if you can trade competently with just 1 monitor, that's fine too.

I do have multiple layouts. Most of my primary page is made of thumbnails and tickers.

 

[RAMOUTAR]

Thumbnail charts that is.

 

[RAMOUTAR]

Quote from marketsurfer:

it boils down to personal taste. some of us enjoy driving a ferrari, others are happy in a mazda. they both serve the same purpose and will get you to your destination. it just depends how you want to go thru life....

best,

surfer

 

[corvus]

Quote from marketsurfer:

in an ideal world, a wall of monitors would suit me fine.

Yeah, especially now that you are trading forex too, eh? I was thinking about one in the shower, one in the car, one in the bedroom...chicks dig it.

 

[corvus]

Quote from nitro:


Compartmentalize.

As I get older, I seem to have more problems remembering names and remember how to spell things.

I hope it is not early Alzheimers :eek:

Now, what was it that I meant to say?

nitro

No wonder you need all the extra monitors.