joe s 

I have a falcon computer it is getting old I am looking into another one check out a video by Eddy Z he tells you what the minimum internet speed and possessor speed to use in his opinion. Im looking at Intel Core 8-Core i7-11700k Benchmark 25,320 and AMD RYZEN 9 3900X - 12 Core Processor Benchmark 31,885 and 8 monitor support but these are pricey Joe

I compared costs, part offerings and configurations from so many companies.

I finally settled on Magic Micro. Phantomtrader might have a company that has competitive pricing.

It's always interesting who offers what and for what price.

I found that the "trading computer" companies make hefty profits on their builds.

I was originally inspired by Clay Trader on youtube. He showed that you don't have to pay the big bucks to get what you want.

With gaming pc companies catering to the masses, their pricing seems to be so much better.

I went with a Ryzen 5 3600X, 32 R and a Raytheon card for 4 monitors.

However, I only run 2 monitors with DP and 1 with HDMI as I share this 43 in tv with my old pc which I conduct all other work on.

I'm happy with the 3600x. Of course it suits my personal needs. But that 3900x sounds great!

My goal is to get down to 2 monitors for the trading PC. I'm slowly getting there.

joe s 

I have a falcon computer it is getting old I am looking into another one check out a video by Eddy Z he tells you what the minimum internet speed and possessor speed to use in his opinion. Im looking at Intel Core 8-Core i7-11700k Benchmark 25,320 and AMD RYZEN 9 3900X - 12 Core Processor Benchmark 31,885 and 8 monitor support but these are pricey Joe

Hi - You might want to compare the prices of the individual components at tigerdirect.com. That should give you some idea as to what profit margin the vendors are making.

https://www.tigerdirect.com/applications/category/category_tlc.asp?CatId=22&srkey=processors

Also your internet speed is important - I can get around 900/35 max in my area and it usually delivers about 800/35 reliably. So if I bought the most expensive processor out there but wasn't getting 1000/165 with very low latency, I'd be wasting my money.

phantomtrader 

Hi - You might want to compare the prices of the individual components at tigerdirect.com. That should give you some idea as to what profit margin the vendors are making. https://www.tigerdirect.com/applications/category/category_tlc.asp?CatId=22&srkey=processors Also your internet speed is important - I can get around 900/35 max in my area and it usually delivers about 800/35 reliably. So if I bought the most expensive processor out there but wasn't getting 1000/165 with very low latency, I'd be wasting my money.

Good point. When we moved to the woods of Montana, speed was 3meg. Finally up to just under 10meg. It does work. I do miss my fiber 100meg.

My wife and I both run off this connection. 2-Nt8's and 1 Bookmap. Yes, we get some Bookmap latency sometimes when the NQ is highly volatile. I make sure during those times, I have a pending limit order placed and do not do market orders during those times.

Just commenting showing that one can scalp even with an antiquated connection. If fact, back in 1999, I had a 128k connection.

redbarntrades 

Good point. When we moved to the woods of Montana, speed was 3meg. Finally up to just under 10meg. It does work. I do miss my fiber 100meg. My wife and I both run off this connection. 2-Nt8's and 1 Bookmap. Yes, we get some Bookmap latency sometimes when the NQ is highly volatile. I make sure during those times, I have a pending limit order placed and do not do market orders during those times. Just commenting showing that one can scalp even with an antiquated connection. If fact, back in 1999, I had a 128k connection.

We live in the mountains - near Lake Tahoe - Spectrum is our provider and overall, it's very good. Their support is excellent. NQ will have some latency during volatile times regardless of internet speed and computer guts. Just the nature of the beast.

phantomtrader 

We live in the mountains - near Lake Tahoe - Spectrum is our provider and overall, it's very good. Their support is excellent. NQ will have some latency during volatile times regardless of internet speed and computer guts. Just the nature of the beast.

That's a pretty spot down there. Used ride my KZ1000 around there back in the 90's. Reno, Virginia City, Tahoe and Carson Pass. . Lot's of good times. Recently sold the bike and started trading again.

Thanks for the comment!

I will check them out

Here are today's trades on NQ.

Trades for today.
Trade 1- fast momentum move short only about 2 minutes into the open..full 100 tick winner.

Trade 2- 2nd wave Pullback to the 13655 area, the 1 minute pin can be seen at that area.. 87 tick winner

Trade 3- lousy entry at lows of the day..forgot I'm not scalping these days..lol 50 tick loser

Trade 4 Nice pullback 2nd wave..1 minute candle had reached outer EMA bands and 5 range had hit a resistance area I had drawn.. got 90 ticks

Trade 5 - Saw a 2nd wave A entry on 5 range coupled with huge momentum-trade was near lows but I felt it could hit target..I got 87 ticks and I had moved target up so that it didn't have to surpass the low of day and possibly bounce.
Overall a good day. Statistics are showing big improvement using my 1:2 risk reward ratio of approx 100 tick targets to 50 tick stoploss.
trades 5 4 21 1


trades 5 4 21 2


trades 5 4 21 3


trades 5 4 21 4


trades 5 4 21 5

Thanks lancelottrader for all the good insights

joe s 

Thanks lancelottrader for all the good insights

Thank you. I think, like most retail traders out there, this has been an ongoing experiment to find something that can work on a consistent basis. I have made very few changes to my system in the last few years and although I was finally seeing some profitability, I wasn't entirely satisfied. I felt I could be better. I can honestly say that I am starting to get the results that I had originally envisioned many years ago when I was starting out..before the harsh reality struck over and over.

If I actually stated the amount of money I've lost and the horrible feelings of failure I experienced over these last 13 years or so, one might doubt my sanity or intellect for persisting at this.
But right now, I actually am feeling better about this than at any other time since I started...maybe even a little euphoric. Hopefully, this will continue.