Are you looking for the best trading laptop? If you’re a serious investor then you should put some serious thought into the tools of your trade. When it comes to investing, laptops are probably the most important tool in the shed.
Let’s face it, we live in an electronic age and pretty much all trading is done electronically. Sure, there are still a few brokers who will accept orders by phone or in person, but in terms of staying up to date on market developments and executing trades quickly, a trading laptop is your best best.
Smart phone trading is also becoming more popular, and while we encourage traders to stay connected to markets via their phones, we also believe that having a top-notch laptop for investing is necessary for conducting research and other more complex tasks.
So what should you look for when finding a trading laptop? Read on to find out!
Things To Consider When Buying An Investment Laptop
When it comes to investing you should invest in a good computer. Like we said, your laptop is probably the most important single tool you have. And besides, the better the laptop you buy now, the better the trade in value will be if you decide to upgrade.
We suggest looking at business class laptops, such as Lenovo Thinkpads. Business laptops are usually built of higher quality materials and are more durable. They are also usually equipped with very nice keyboards and input devices. Many also feature extra security measures, such as thumb print readers.
Some are even spill and shock resistant. It’s important to get a durable laptop because if your computer breaks it might cost you precious trading days or otherwise slow down how quickly you’re able to execute trades. We also recommend that you get a solid-state hard drive because they are more durable and you’ll lower your risk of losing data.
Make sure you also get a secure computer. An advanced anti-virus program is necessary for any Windows PC. We also recommend encrypting your hard drive to limit the risk of data breaches. When it comes to trading you’ll have a lot of important and sensitive data on your computer so you need to make sure you take extra steps to protect it.
In the past we would have urged you to get a Windows PC in order to ensure software compatibility. Now, however, more and more software programs use the internet exclusively. This means that Mac and Linux can both be good options for traders. Make sure you check for any compatibility issues with your favorite broker and/or research software, however.
Other Essential Tips For Investment Laptops
At the end of the day you need to find the computer, accessories, and operation system that best suits your wants and needs. This means you should focus on your own needs, not buying a laptop or brand simply because it’s what your friends, coworkers, or anyone else likes. Your laptop is your laptop so make sure you choose the one that’s best for you!
Another great idea is to get a few trading monitors. With the wide range of research tools, websites, and stock reports you can read online, you might find that one screen simply isn’t enough. Buying one or two trading monitors to hook up to your laptop while at home or in the office is a great way to get more screen space!
If you ever need to get rid of your computer, don’t just throw it out. First, make sure you wipe the hard drive because as a trading laptop it’ll almost certainly have a lot of sensitive data on it. Second, make sure you recycle it using the best buy recycling program or another program because laptops contain harmful materials that shouldn’t just be tossed into a landfill.
Remember, as a trader you’re going to all but depend on your laptop! As such you need to take the time to find the best computer that fits your needs! Don’t skimp and cut corners when investing in a laptop!