Using Multiple-Screens to Make a Living
My names are Charles Gordon. I’m a day trader who works remotely from the basement of my home. I became a day trader four years ago after losing my job at an investment company where I worked as a financial adviser. After the fateful event, I tried securing another job in vain because I had a bad credit score and no good company was ready to employ me. After about three months of futility while seeking employment I made the decision to be a day trader. It seemed to be my best shot of generating some cash to pay my mortgage as well as tend my family.
I usually trade in financial instrument and stocks. My daily routine starts at 8:30 and goes till late in the afternoon. My closing time varies each day because of the nature of the trading job as well as the volatility of the market. If you are a day trader, you will agree with me that this is one market which is characterized by madness. The frenzy in day trading requires a man of guts. There are days of highly returns which generate massive profits and other days where high-risk will result to massive losses. This calls for keen scrutiny on the market as well as elaborate and hasty decision making.
Using 6 Monitors Helps my Day Trading Jobs to be Profitable
In day trading, there is always the need to monitor and track different stocks and securities simultaneously. You need to be at a position to jump at an offer as fast as you can when the right opportunity presents itself. Hence all the indicators of how the securities are trading should be live at you face.
There is need to use different monitors to track the metrics and pattern of the various stocks that you are eyeing or have already ordered. This makes decision making speedy because you will know when you jump in or out and thus minimize the high-risk involved with day trading. This also helps you to be at a position to have a profitable day.
Multiple Monitors Help in Getting Real-time Information
Another aspect of stock trading which need to be monitored clearly is the market information. As a matter of facts, information about securities can be much more worthy and profitable as soon as it is available than in the next 5 or so minutes. This apparently means that an extra screen to monitor the market information such as the price momentum is needed. This helps one to be just a few clicks away from a good offer which presents itself.
Several Screens are Vital When Trading in Several Securities
Like I initially said, I trade in both stocks and financial instruments. On a normal day, I may trade in over 10 stock items and two to three securities. This calls for the need of several screens so that I can track all the data related to any particular item that I’m dealing with so that I may not incur losses.
Above all, I believe that using several monitors is a tradition that I’ve adapted and works well in ensuring that I have a profitable day. Ask any day trader and you will realize that this is one career which requires one to stick to the daily accustomed strategy and routine or else you may end up losing money.