Trading might seem like selling and buying stocks, but many factors impact profits. For instance, traders need a laptop that can improve their exchange odds to make more money with trading–a few milliseconds may be all it takes!
Wall Street traders will often try misleading inexperienced investors by claiming this process is easy when making decisions based on technical analysis or trading fundamentals require years of experience.
If you are a trader, there are certain features you need to look for when making your selection. This article will discuss some of the best laptops for trading and provide useful tips on what to consider when making your purchase.
Top 9 Laptops for Trading Comparison Table
|Image||Name||Processor||Storage Size||Rating (1-5)|
|1. Apple MacBook Pro||Apple M1 chip||512 GB SSD||4.8|
|2. Dell XPS 13||Core i7||512 GB SSD||4.1|
|3. HP Pavilion 15||11th Generation Intel Core i7-1165G7||512 GB SSD||4.6|
|4. Microsoft Surface Laptop 4||Intel Core i5||512 GB SSD||4.6|
|5. ASUS TUF Gaming F17||Intel Core i5-10300H||512 GB SSD||4.6|
|6. Lenovo Yoga 7i||11th Gen Intel i7-1165G7||512 GB SSD||4.5|
|7. ASUS VivoBook S15||Intel Core i5-1135G7||512 GB SSD||4.6|
|8. HP Pavilion x360 14||Intel Core i5||512 GB SSD||4.6|
|9. Acer Aspire 5 A515-44G-R83X||AMD Ryzen 5 4500U Hexa-Core||256 GB SSD||4.4|
What to Look for in a Laptop for Trading
Your laptop should have multiple displays, which makes it easy to track different market indexes in real-time. You need an RTX 2060 mid-range graphics card, which can handle four independent HD monitors.
You may need to invest in dual cards to operate more independent monitors when operating more aggressive setups. A 2X RTX 2070 would be appropriate for eight 1080p monitors, and they would increase the trading outcomes; you would go for the 2X RTX 2080 Ti for multiple monitors at 4K.
You may decide on the Quadro NVS line, which supports eight displays on a single card or opt for the Quadro NVS 810, which is more efficient.
Your trading computer needs multicore processors with high speeds, which run complex calculations quickly. You can opt for the i7-8700k or the 9700k, which effectively drives eight physical cores with 16 threads and a GHz clock speedcore.
You may also need ten i9-9900X core processors necessary for any workstation application.
Your trading laptop should be solid and reliable, and the trading computer should come with a highly efficient power supply. Bronze efficiency ratings or more would be better for your trading laptop.
Moreover, you can opt for solid hard drives, which will be durable and efficient in the long run. Some of the best trading computer hard drives include the 7200 RPM drives, with an additional speed bonus. You should check the configuration to figure out the trading computer’s reliability.
Add More Memory
Buy a trading laptop with more memory. You should buy a laptop with more RAM as it is a long-lasting investment that improves the trading outcome. A 4GB laptop might handle everyday tasks and transitions but might not perform trading effectively.
An 8 GB RAM would be an improvement from the 4GB memory and is the laptop for traders as it improves trading outcomes and can run the trading software without any issues.
On the other hand, 16 or 32 GB are special laptops, and you can upgrade the laptop internally or with external storage.
With a low budget, you can go for the 128 GB or 256 GB SSD laptop, which would be effective for trading. However, a 512 GB SSD laptop is the best for trading, and you can choose 1 TB if you want to store more documents.
Choose a Larger Screen
You should buy a trading laptop with a large screen as you need to see most of the graphs and statistics well. You will also need to connect to an external display when trading.
The Battery Life Matters
The battery should last long, making it possible to trade when you are not close to a power source. Successful traders should be able to switch on their laptops conveniently at any location and access trading information, increasing the chances of making profits.
Consider Your Budget
Although the budget can guide you when choosing a trading laptop, you should not settle for a cheap laptop that meets your trading needs. It is wise to know that expensive laptops have the desirable features which make trading seamless. Thus it would be safe to save money before heading to the laptop stores.
The Apple MacBook Pro is among the best trading laptops and has specifications such as an Apple 8-core M1 chip CPU and 16-core Neural Engine Processor, Apple 8-core GPU, 8 GB DDR4 memory, 256 GB SSD, and weighs about 3 pounds and comes with up to 20 hours battery life.
The MacBook surpasses expectations, as Apple is known for making impressive devices, but it does not come at a low price. This device is reliable for trading, and the price is reasonable since it improves the chance of making profits.
It has a Mac OS operating system. Everything you do on the laptop will be fast and fluid, making it easy to use.
The laptop will be an excellent buy as it launches its 512 GB superfast SSD storage app, allowing users to open files instantly. You can use the laptop for general purposes, but it is a good device for traders as they enjoy more than 20 hours of uninterrupted power supply.
The Apple MacBook Pro has 500 nits brightness and a 13.3-inch retina display with vibrant colors, which give incredible image details. You can view its screen from different views, a feature that comes in handy during trading. The laptop also offers a FaceTime HD camera with sharp video calls and an advanced image signal processor, far better than previous models.
The MacBook is also loaded with a PCIe SSD which performs at 3.6 GB per second, making it better than other competitive laptop models in the market, as its performance supersedes any other HD models.
Its SSD delivers clean fats and smooth results, which makes it a reliable trading device. It brings peace of mind during gaming as you can complete the task faster, leading to better outcomes.
The Dell XPS 13 is a premium laptop with an FHD display and acts as a 2-in-1 device for trading. The latest model is marketed as a gaming laptop integrated with the Intel Iris Xe Graphics card, making it suitable for trading.
A laptop with such a display provides more screens for trading as you can easily view the graphs, calculations, and multiple stock investments. Its display is the unique aspect of the laptop model, as it has a 13.4 inch, 1920 x 1200 pixel panel and an infinity-edge touchscreen.
The touchscreen is super helpful for a trader as you can make your moves easily without pressing the different buttons on the laptop. You will easily swipe from one screen to another and monitor changing trade rates, making it easy to profit.
Its display supports the 10-finger multi-touch, which improves productivity as you can easily run the intense graphics.
The laptop has many browser extensions and new apps, which makes trading possible. Moreover, it has different connectivity ports ready for the future, such as Thunderbolt 3 speed and USB 3.1, and the keyboard is backlit, making it possible to use in a dim room.
Despite many software programs running in the background, the laptop will not slow down, making it perfect for traders who need to stay at the top of their game. You can easily access different graphs and calculations and run multiple screens making the trading seamless.
HP has been a leading manufacturer of multimedia laptops, but most of its devices are not affordable. However, it is a good choice for traders as the HP Pavilion 15 has a large, responsive screen.
It provides instant response and first-class connectivity, which advanced gamers require. Its graphic performance provides fresh and beautiful visual effects, another advantage for traders.
Moreover, the HP laptop model offers 8 hours of battery life, with a 15.6-inch Full HD IPS micro-frame display and a larger screen ratio. This laptop is built for the theater and is suitable for gaming as it does more activities in less time—the Windows 10 Pro system with a one-year warranty on the product.
Frequently Asked Questions
How Much RAM is Required for Trading?
Trading requires more laptop space, and you would need 8GB more; the more RAM, the higher the likelihood of the laptop performing different tasks effectively.
You would need a laptop with a higher RAM as it makes it easy to swipe through the apps and read the statistics, contributing to better trading and higher income.
What is the Best Trading Software for Beginners?
There are many trading apps for beginners online, and among the best are Webull, Acorns, and Public.com. Before investing in one of these apps, you should ensure your laptop has enough capacity to store the apps and browser extensions.
However, you can invest in a good laptop handling all this software.
Which Laptop is Best for Day Trading?
The HP Pavilion 15 laptop is best for day trading, as it has fast speeds. You would want a laptop that offers maximum speeds when trading during the day. Moreover, the screen is super sensitive to touch, and you can easily swipe from one page to another and read all the statistics effectively, which helps in trading.
Is a Gaming Computer Good for Stock Trading?
The Apple MacBook Pro is best for stock trading as it has high storage capacity making it suitable for trading. It has a long battery life making it suitable for stock traders who are always on the move.
Moreover, the laptop can easily accommodate stock trading software and browser extensions.
Is Cryptocurrency a Good Investment?
Yes, cryptocurrency is a good investment, as you can mine currency and participate in the stock exchange for a profit. However, it would help if you had a good trading laptop that makes it easy to trade the stock.
Is 8 GB RAM Enough for Stock Trading?
Yes, the 8 GB RAM is enough for trading compared to the 4 GB RAM, as the latter does not offer enough space for the software and trading. However, the higher the RAM, the better the laptop will perform during trading.
What Processor Do I Need for Trading?
You will need some of the latest processors, such as core i7 and i9, and you should look out for the processors when buying a laptop. The previous processor models, such as i5, might not be best suited for trading.
How Many Screens Does a Trader Need?
Although you can trade with one screen, ultra-wide monitors would be better as they can comfortably fit four charts on the screen. Thus you can choose the screen numbers depending on the charts you want to examine.
For instance, if you are following 12 charts simultaneously, you need at least three monitors.
Trading is an intensive activity, and you should have the right laptop, which makes your work easy. For instance, you can choose a laptop with 8 GB RAM or more, as the more RAM space, the better the trading experience.
Moreover, it would be best if you went for laptops with the latest processors as they make it easy to make trading moves faster, leading to increased productivity and more profits. Good luck finding the laptop which meets your trading needs.