Forex trading with a cheap laptop

MoneyTec Forums Tools of the Trade Forex trading with a cheap laptop

This topic contains 20 replies, has 4 voices, and was last updated by  FXGuru 1 year, 1 month ago.

Viewing 15 posts - 1 through 15 (of 21 total)
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  • #1168

    lwhistler
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    Does anyone trade Forex from a laptop sitting in a cafe?

    There’s a few nice 24 hour cafes in my area with free highspeed wireless, and I was thinking of trading from there to get out of my house. Starbucks also would be a nice location, but not free.

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    #1169

    fxtradera
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    I trade using a laptop. From home. I have control of the traffic and noise in that environment. At least most of the time.

    You looking to meet other traders to hang out with and discuss and trade? You inquiring about the stability of those wireless connections?

    I’m in Toronto. Won’t read into your username that you’re west coast, so let us know.

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    #1170

    4X4X
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    Hello, I too trade exclusively on a set of laptops, connnected to broadband internet through wireless CDMA modem. I use MetaTrader is my charting & trading platform, which is most resource friendly. When I am mobile, I use Metatrader mobile version on my PDA.

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    #1171

    ajhardesty
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    I suggest you find a way to try it before investing in a laptop. I tried it on two different models and hated it — small screen, small keyboard, track mouse. It probably depends on how comfortable you are working on a laptop in general, and I admit that I do not like them. If I had to trade on a laptop, I would give it up. But maybe that’s just me.

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    #1172

    lwhistler
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    Thanks for all the replies.

    fxtradera…..good assumption I’m on the west coast, what was the clue?

    whistler ? (as in the mountain)
    Starbucks ? (Starbucks will soon push out Second Cup from Ont. like they did in BC)

    lwhistler is short for Len Whistler and yes I’m on the westcoast, Vancouver BC.

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    #1173

    murph
    • 0

    I am also from the VANCOUVER area. TRADING for about a year part time, I trade from a laptop from my home. send me a email and we could set somrthing up. murrayhaynes_5 at at at msn.com

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    #1174

    ArnieConan
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    I ran into a trading acquaintance the other day in a coffee shop. He was trading on a laptop. He showed me a tool that allows him to connect to his home pc and use it. Pretty nifty piece of software! He trades often at coffeeshops and he’s found ones that have reliable connections. Sometimes I think I’d like to do the same, but I also can’t stand using laptops, they drive me buggy for some reason.

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    #1175

    fairwind
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    My tuppence worth from West Oz….

    I dont like the small screens of laptops and the only time I use one is when I have a power outage. Its my backup. As for trading in a coffee shop, I think that would be far too distracting for me, I like a lot of “quiet” so I can concentrate.

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    #1176

    Karsten
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    I’ve Been looking at the Pocket PC 6700 for my Qwest account. It uses windows CE. Can I download MT4 mobile and use it for charts and alerts, and call my dealing desk to make trades? I’m hooked up to Sprint PCS vision.

    Advice appreciated

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    #1177

    techinvest
    • 0

    I trade on my Vaio notebook when I’m away from home, and I like to travel so it’s often. I have 6 LCD’s in my setup at home so I get used to the convience of being able to have everything open and viewable at once. A decent tradeoff in MT4 when you’re on your laptop is to have 4 or so charts open per profile (Click where it says default on the bottom bar, for those unfamiliar with the profiles function). I’ll have my trading charts on one, dailys on another and so on. Makes it nice to trade on the laptop and easy to switch between all of them.

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    #1178

    Jerseydevil
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    Thanks for the tip techinvest! I knew there was a better way to manage my charts – I didn’t know this was possible. Thank you thank you.

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    #1179

    techinvest
    • 0

    I just found it out not too long ago myself. Maybe it was a recent update.

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    #1180

    FXdancer
    • 0

    Sometimes laptop is very useful but if you trade at home or in office PC will better. Laptops are often loudy, especially in high temperature and the touchpad is uncomfortable. I have traded on laptop for a short time and I came back to PC’s.

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    #1181

    gmv
    • 0

    Don’t forget that if you have a docking station, you can have the best of both worlds. The docking station lets your laptop essentially function like a desktop. You can hook up a different monitor, keyboard and mouse peripherals.

    Personally, I prefer working on a laptop. Though I just got a new brand and not liking that one as much yet. I get laptops with a larger (15.4″) monitor. Through my docking station I have a second 17″ shared monitor, and I have a wireless mouse set up. I also have a “cool pad” that helps circulate air, and I’ve noticed the fan kicks into high gear less.

    I like laptops better because I can always take it with me if needed. (And personally I LOVE the idea of hanging out at a coffee shop, trading. Assuming it’s not hectic in the shop.)
    I think the bigger issue is whether you get sufficient performance on a laptop. Unless you’re running one of the newer laptops, you might not have enough processor and memory to run the trading platform well.

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    #1182

    ROI
    • 0

    I trade from a laptop using wireless and the last 3 weeks I have had a problem around news time for about an hour the platform and/ or charts freeze on and off and I can’t enter or exit a trade. My signal seems strong and this never happens any other time. I talked to the broker, FXCM, and they said they don’t support wireless because they need a better seamless signal from their end to provide their charts and price feed consistently.
    Does that make sense?
    I don’t seem to have the problem using my PC that is not wireless.
    Anyone know of a broker without this wireless issue? I hate to get a second cable connection to use my laptop in another room.

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