Computer specfications trading setups discussions

bullsback

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i think its okay to use a small setup. i am using about 7 screens is because i am following 4 common intruments, snp500, dax, different time frame, one monitor for web surfing in portrait mode, 2 accounts. Its so much easiler to view across timeframes in a glance without changing anything.

i think bank traders are mostly using Intel Xeons, multiple screens, i seen before 5 portrait mode 24/27 inches stacked side by side in their market making operations. I have seen those trading floors setups..I din set out to emulate them, its was a gradual process.

In essence i am not marketing marking...

If i were to go out, all i have with me is iphone 5...

i recall somewhere u were doing something related in trading, can i ask if you receive informations else where apart from bloomberg? The reason i am asking is that, the news @ bloomberg at backend/middle office is still slower than some of the news on internal chat channel in the bank. So i suspect the bank's risk management team or trading floor got even faster news than bloomberg or reuters or that boomberg at middle office is different from the front office bloomberg.

i dont have any news feeds, all i do is to react to the price and levels... :s13:

Troll answer: My trading setup is a 13" Macbook Air, which I use on my couch in front of Weeds or Orange is the New Black. Buy and hold; buy and hold.

Serious answer: Back when I used to do this professionally, it was two dual-CPU HP xw8000 workstations, with four 19" monitors on each, plus one extra monitor for one of my broker platforms that came with its own thin-client terminal.



Dunno about Reuters Eikon, but Bloomberg is somewhere on the order of $2200 USD a month plus market data fees. I'm fairly sure they won't lease it to individual traders, either: only corporations can get it.

Update: aha, so I found the answer to this. Eikon starts at $300/mo plus market data (and presumably newsfeeds and such as well). Also they will give you a free trial, whereas if you asked Bloomberg for a free trial they would probably be all "ahahahahah no".

Still, here's the thing: nobody serious uses Eikon. The previous Reuters platform - called 3000 Xtra - was reasonably popular, especially in FX and commodities where Bloomberg had never traditionally been popular. But sometime around the late 2000s, everyone started moving from Reuters to Bloomberg and nobody moved back. When I started in the biz I had a Reuters screen and no Bloomberg; when I left I had a Bloomberg screen and no Reuters.

Everybody these days uses Bloomberg.
 
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Shiny Things

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i recall somewhere u were doing something related in trading, can i ask if you receive informations else where apart from bloomberg? The reason i am asking is that, the news @ bloomberg at backend/middle office is still slower than some of the news on internal chat channel in the bank.

There's a difference between the Bloomberg news feed, which is actual journalism with sourcing and editing and all that good stuff; and Bloomberg chatrooms, which are hives of rampant rumour-mongering (just like any other instant messaging service!).

What comes through chatrooms is rumour; it's not news until it hits the Bloomberg or Reuters or Dow Jones wire.

(Actually, funny thing - I've noticed Twitter is even faster than the newswires on a lot of breaking news. Not data releases or things like that where the release is embargoed, but when things happen in the world, a well-curated Twitter list could probably give you a useful head-start.)
 

bullsback

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ic...that explains...

hmm..twitter's a good suggestion haha...:o

There's a difference between the Bloomberg news feed, which is actual journalism with sourcing and editing and all that good stuff; and Bloomberg chatrooms, which are hives of rampant rumour-mongering (just like any other instant messaging service!).

What comes through chatrooms is rumour; it's not news until it hits the Bloomberg or Reuters or Dow Jones wire.

(Actually, funny thing - I've noticed Twitter is even faster than the newswires on a lot of breaking news. Not data releases or things like that where the release is embargoed, but when things happen in the world, a well-curated Twitter list could probably give you a useful head-start.)
 

stocklah

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i think its okay to use a small setup. i am using about 7 screens is because i am following 4 common intruments, snp500, dax, different time frame, one monitor for web surfing in portrait mode, 2 accounts. Its so much easiler to view across timeframes in a glance without changing anything.

i think bank traders are mostly using Intel Xeons, multiple screens, i seen before 5 portrait mode 24/27 inches stacked side by side in their market making operations. I have seen those trading floors setups..I din set out to emulate them, its was a gradual process.

In essence i am not marketing marking...

If i were to go out, all i have with me is iphone 5...

i recall somewhere u were doing something related in trading, can i ask if you receive informations else where apart from bloomberg? The reason i am asking is that, the news @ bloomberg at backend/middle office is still slower than some of the news on internal chat channel in the bank. So i suspect the bank's risk management team or trading floor got even faster news than bloomberg or reuters or that boomberg at middle office is different from the front office bloomberg.

i dont have any news feeds, all i do is to react to the price and levels... :s13:

pls post the screenshots of yr setup.. picture tells a thousand words =:p
 

peterchan75

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Please give your eyes a break. Can't replace your eyes though.
A 23 inch cost less than $250.
 

IronMac

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(Actually, funny thing - I've noticed Twitter is even faster than the newswires on a lot of breaking news. Not data releases or things like that where the release is embargoed, but when things happen in the world, a well-curated Twitter list could probably give you a useful head-start.)

Amazing! I was just reading an article about this aspect of Twitter.
 
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