Friday, November 2, 2018

High Level Requirements of a Trading Desktop (context India and NSE):

Requirements of a Trading Desktop (context India and NSE):
 ===================================================
Apps To be Run:
Following apps  are used for Charting and trading.
A. Charting software ( Amibroker, Ninja Trader, MT4 so on)
B. Trading Platforms
  •  Zerodha PI
  • NSE NOW
  • FyersOne
  • Finvasia Scalpert
  • Microsoft Edge (Chrome and Firefox are not needed)
C. No. of Instruments
  • NIFTY
  • BANKNIFTY
  • Setups in the Future stocks (50-60)
OS - Most of the softwares (esp. amibroker) can work on windows 10. 

Scanning for setups:  Typically, you would use scripts in the charting software to do the scanning. Charting software such as Amibroker (Pro version) creates multiple threads as many as physical cores and hence the scanning becomes much faster.

No. Of Monitors:  1 for Trading platform, 2nd for stocks, 3rd for (NIFTY and Bank Nifty)
Internet Connection: High bandwidth wired connection
                                  4G connection incase high band width connection fails
Additional machine : laptop, mobile or tablet 

Configuration on Windows 10: Windows 10 needs to be tweaked for high performance. Should be able to boot up in few secs if power reset has to be done during market hours.

Reliablity : Very high

Bloatware : Zero

Antivirus : No 3rd party Antivirus

No Firewall (Firewall sucks): Not required if you are using the machine only for trading. Many data plugins such as Truedata have this requirement.

HD - Not more than 256 GB. In which case you do not require HDD rather SSD or NVME SSD is required.

Desktop PC usually makes lot of noise. You need good CPU cooler and noise reduction
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 References:
1. http://www.mydaytradingtutor.com/5-biggest-misconceptions-trading-computers/
2. http://www.mydaytradingtutor.com/daytrading-computer/
3. http://www.tradingcomputers.com
4. http://falcontradingsystems.com
5. https://www.pugetsystems.com
6. https://claytrader.com/blog/build-the-best-stock-trading-computer-for-your-money/

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