Here's my trading station, which I posted yesterday on the trading station thread. The keyboard is an original IBM Model M born on August 21, 1986 and heavy as a watermelon
Oh, and I have to admit - nice setup! I have a slow desktop and a fast laptop and the way they are set up in my room, I have to constanly move my head. I need a fast desktop with 3 monitors instead. Laptop could act as a backup, just in case.
It's a lot more than your desktop that's slow, Bos. And if you'd quit turning your head, you might manage to see a profitable setup and actually trade it! (I think we need to open a separate thread in the Psychology forum to help polarity responders like us. It could be entitiled simply "Why Your Trading Sucks")
NoD that was a good one to Bos... Love those old IBM keyboards and the clicking noise the keys make when you type. (knocks on wood) i'm on a role trading of late so please don't try any of your bi-polar karma on me
I can clearly see you need more monitors. you cant trade without at least six and eight is much better. Plus those are not widescreens. you cant make profits with standard monitors as the stocks will not go your way without widescreens. find something to raise those monitors up so that your head is not pointed down all day. when you look at a double stack of monitors you should be able to look right at the top of the botttom screen with your head level so that you have to look up when looking at the top one. Bad chair also, no good for the back. get yourself a good $600 chair and your back will feel better and you will also want to make more money because you where crazy enough to spend $600 on a chair and need to get it back. You also need more paper lying uselessly around the desk. You cant make money trading unless you have paper with three week old writtings about symbols that you have long forgotten about. Get some useless paper right away. Ok, good trading today. keep up the good work
I agree. The ONLY difference between your daily profit and mine is the sheer lack of monitors with which I am forced to contend. I have to disagree here. A $600 chair expense can be recouped with a single solid trade, whereas the ongoing chiropractic and massage therapy expenses associated with a bad chair ensure that I will never become complacent as a trader. (Shhhh...I "cleaned up" to make it look as if I am a bright, organized, focused trader who never for a single moment stared in perplexity for 20 minutes at a note that said, "Kiva reverse 9.00 narrow range". A more realistic view of my desk is attached.)
NoD... I like what I see... 4 pieces of paper don't add up to a mess though... Tomorrow I'm going to take a photo of my desk versus our Quant guy's desk... his desk is "clean" you are only allowed to trade these on the condition that you make money
NoD, Several things. 1) I am jealous of your keyboard. It would feel really good to enter orders on that thing. REAL GOOD. 2) Missing the big picture, or getting the big picture, seems to be relevant and irrelevant at the same time. Say you have the big picture, but you don't act on it. Now, say you don't have the big picture, but you do act "correctly" on whatever picture you do have. Isn't that better than the 1st? By correctly I mean discipline, honesty regarding the situation you find yourself in (CECO for you, PNC for me). Etc... Do you see what I'm getting at? 3) E-trade won't partial fill you b/c its not direct access and they trade against their customers, e-trade sells your order to a 3rd party, which is why you get the full fill -- always. 4) Yes, following the market on days like today pays. I too hesitated on some signals to the short side today, same rationale as you, most which ended up falling past my expectations without me. 5) What does that advice say on the wall? 6) Last thing, how on Earth are you able to see and judge price action when your price history is crammed into a tiny pane there, practically a horizontal line? _mad