Many traders opt for a multi-monitor setup to view several trading platforms and markets simultaneously and monitor other trading aspects, including high-volume stocks, gainers/losers, time and sales, and watch lists. While having multiple screens can be a great asset for a practical workstation, they can also get in the way.
You need an efficient and functional multiple computer screen setup like this to simplify your workspace and allow for better focus. One option is to buy a company-built system with a supercharged desktop supporting a chassis of monitors.
Choose the Right Hardware
You'll need a laptop or desktop to support multiple monitors to set up a trading monitor system. You’ll also have to determine whether your computer has the components required to handle the graphic requirements of a multi-monitor workstation. Your computer should have the following ports:
- HDMI (High-Definition Multimedia Interface): Designed to transfer high-definition video and audio between devices over a single digital interface.
- DisplayPort: The latest digital display standard for connecting a video source to a monitor.
- VGA (Video Graphics Array): Analog standard for connecting video source to monitor.
- DVI (Digital Video Interface): The industry standard for transferring digital video content from a source to a display device.
If your computer doesn’t have these ports, consider buying an adapter or a docking station. Regarding conversion cables, it’s generally a good idea to have output ports on your primary computer that correspond to the input ports on your monitors.
Purchase Extra Monitors
Once you’re done sorting through the ports and cables, the next step involves the purchase of extra monitors. You want to select monitors with good color accuracy and high resolution. A 24-inch monitor with a resolution of 1080p or 1440p is an ideal choice for trading.
However, the perfect monitor size depends on several factors, such as your existing monitor(s)and the available desk space. You can go for a larger screen, but remember it may be more expensive and take up more desk space. Mixing up different monitor sizes based on your preferences is also possible.
Configure Your PC
When you have your monitors in place, assign tasks as you see fit. Most trading platforms allow you to customize your layout. However, you must configure your computer or laptop to work correctly with multiple monitors.
This is where you decide which indicators and charts you want each screen to display. For instance, if you have a 3-monitor trading setup, you could have the monitor at the center containing major currency pairs, the right side monitoring high-volume stocks, and the left displaying trading time frames.
Once you have decided on your layout, save it as a template to switch between screens with one click quickly. With your software, you can drag a window from the PC to a monitor without interfering with your existing settings.
Importantly, you want to stick with the monitor position you’ve chosen to maximize your chances for success. This way, you’ll develop muscle memory and will be able to react to new information instantly.
Ensure Proper Monitor Position
You must ensure your screens are positioned at a comfortable viewing angle and distance. You could also purchase a monitor stand or mount to improve ergonomics and free up desk space.
The lighting in your workspace is also an important factor to consider. You want to avoid glare, which can cause eye strain and interfere with your ability to read indicators and charts correctly. So, remove your monitors from a light source or buy anti-glare screens.
Final Thoughts
Setting up a multi-monitor system for trading can improve your efficiency and increase your chances of success. You must choose the right hardware, configure your PC, and consider your desk space and work area to create a workstation that allows you to focus on trading and make informed decisions.