Trading-PC
I use a Dell Precision Workstation 690 (3 years old) with two graphic adapters (four monitors) and it works well. The Dell T5500 is price worthy and should be perfectly suitable for trading under the condition that you
- choose a strong CPU
- choose a configuration with two dual graphic adapters allowing you to connect up to four monitors (larger monitors are now relatively cheap, so four should do)
- sign up for their onsite service (which is very good)
You should contact Dell via phone for the graphics adapters, as this may not be available in their online shop. Dell uses a bridge to put two graphics adapters into one slot.
Further information on trading PCs can be found in these threads
https://futures.io/off-topic/2643-desktop-specs.html
https://futures.io/vendors-commercia...er-vendor.html
Trading Platform
You can download NinjaTrader 7, which is a free trading platform. You should practice with a simulation account until you become consistently profitable. If you put money on the line earlier, the chances are greater than 90% that you will lose it.
Instrument to Trade
E-mini is a place, where predators feed on newbies. It is not the place to go. The same applies to CL. You do not want to fly a jumbo jet, before you have some experience with smaller planes. I would not even think about trading futures as a beginner, as the leverage will kill you sooner or later.
Do yourself a favour: If you want to trade real money, start with exchange traded funds or stocks. This already allows you to experience the highs and lows of trading without losing your shirt. Once you are consistently profitable, you could switch to futures and increase leverage.
427Rat View Post
I am looking at purchasing a PC desktop ( I currently have a Macbook), I am also looking at purchasing trading software or at least a few demos for now. I am just wondering if anyone had any recommendations as to what I should purchase? I am currently looking at a Dell T5500 ( I would have posted a link but I don't have enough posts yet ) and the current version of NinjaTrader. Any objections or suggestions? Is the base model of this computer good enough to run NinjaTrader?
Also, I am wanting to begin to trade CL but from what I've read it is one of the most difficult things to trade. Should I begin with something like E-mini? If I learn to trade on something besides CL will the experience and system that I develop sort of transfer over into trading CL? Or should I just begin to trade CL with a sim? Sorry for so many questions! Thanks in advance!
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