If you want to keep a close eye on different charts, indicators, news items, high volumes and so forth, it’d be a good idea to invest in a multi-monitor trading set up. Relying on a single screen limits you and as many pro traders often agree, working with multiple monitors can significantly rev up one’s business.
So, how can you go about setting up a fully-fledged trading platform without breaking the bank? Below are some guidelines on how to pick monitors and monitor stands for your trading station.
How to Properly Set Up Multi-Monitor Trading Station (Factors to Consider)
Your trading station can make or break your forex ventures. As a wise investor, your first shot at success begins with making sure your office, whether at home or out there, is fully-fitted with the right kind of stands. Here are some things to look for when shopping for monitor stands.
Different Monitor Stands
Experts generally recommend going for stands that are VESA compatible. Such stands normally come with standard holes drilled directly into the frame, making it easier to screw in compatible monitors. While at it, it is important to consider the number of monitors you’d like to have on your workstation. If you’re a small trader who scouts a handful of markets, then you may want to go for a stand that supports up to 2 screens.
However, if you’d like to be flexible and take the future into account, you may want to go for a 4-screen or 6-screen monitor. Of course, you don’t have to use all mounts at once. You can leave some of them vacant so you add more monitors as your trading business expands.
Ergonomics and Convenience
You should never settle for less. Always go for a monitor set up that gives you the freedom to tilt the monitors or adjust the height as you please. Fortunately, most modern models come with spring-loaded rising mechanisms alongside integrated cable management. There are even some stands that come with a clamp-style mount that is attached to a riser pole which helps you free up desk space beneath the monitor.
As you can see, all these features are meant to help you make the most of trading experience. So, don’t skimp – go for a set up that not only looks good but also adds convenience to your trading routine.
Wall Mount vs. Through-The-Desk Mount
If you would like to work on an unobstructed desk space, then a wall-mounted set up would be your best bet. However, if you’re working on a temporary workspace or your landlord doesn’t allow one to mount heavy items on the wall, then through-the-desk mount would be an ideal option.
In general, wall mounting is ideal for advanced traders who would like to accommodate extra monitors and free up desk space. Through-the-desk mounting is recommended for a maximum of 3 monitors so as to avoid overcrowding the desk space and keep the entire set up stable.
Recommended Monitor Stands
1. Loctek Dual Monitor Mounts Stand
Made of high-quality aluminum, this monitor stand is quite durable and at the same very flexible. Therefore, you can tilt, rotate, swivel and extend any screen effortlessly with just a simple touch. In addition, it can support two monitors with 10 to 27 inches screen size and up to 11 pounds.
On top of that, the stand is 100 x 100 mm or 75 x 75 mm VESA mount compatible and can rotate up to 360 degrees. What’s more? The installation process is pretty straight-forward and you don’t need any technical skills to handle it. In fact, you can choose to clamp it to the side of a table/desk or just mount it via a grommet hole.
2. Viotek Articulating Hex 6-Monitor Stand
If you are thinking of setting up more than three monitors, this articulating stand from Viotek can be an excellent option. Thanks to its sturdy base that provides a solid foundation, the stand is capable of holding up to six monitors weighing 22lbs on each arm. It also features flexible arms that allow you to tilt the screen 15 degrees or rotate it 360-degrees for maximum viewing capacity. Additionally, you can adjust the height of the stand to suit your needs. As if that’s not enough, the stand can hold monitors between 13-inches to 27-inches and uses VESA quick-release plates that make assembling and disassembling easy.
3. Mount-It! Triple Monitor Mount (MI-2753)
This is a triple mount stand that features a grommet base and a convertible clamp to allow for different assembly options on your desk. Each of its articulating arms can hold around 14.3 lbs of weight. On top of that, it boasts extra-long arms that are fully adjustable so you can easily find the height that works for you. The arms also allow you to tilt your monitor 90-degrees or rotate 180-degrees. Further, it comes integrated with audio and USB ports for easier and faster connections. On top of that, it is both VESA 75 and 100 bolt pattern compatible for easy one-click assembly and disassembly.
How to Choose Monitors For Stock Trading
Not all computer monitors will help you get the most out of your trading strategies. Different monitors come with different refresh rates, resolution, sizes and contrast. Let’s explore some of the factors that set different screens apart.
A large screen gives you additional space to arrange your charts and, therefore, it would be a good idea to have this fact in mind when shopping for monitors. You can start out with 24-inch monitors if you’re on a limited budget although 27-inch and 32-inch monitors tend to offer the best bargain thanks to their ability to accommodate extra charts.
Resolution & Contrast
Resolution and contrast play a huge role in your trading experience. Generally, pundits recommend at least 1920×1080 as the best fit for day trading – and this is because of the long hours one is likely to spend behind the screens. Besides that, you need to go for a unit that offers top level resolution with each shade of gray gradated cleanly and no backlight bleeding. These additional features ultimately help you enjoy images with excellent color fidelity – and this ensures you don’t miss out on any important updates.
A lot can happen in the markets within a few minutes. Keeping that in mind, it’s best to go for a unit that offers north of 60Hz in refresh rate. Normally, the higher the refresh rate, the better. Lower Hz rating means slower loading speeds and this might disadvantage you as a trader.
Recommended Monitors for Multi-Monitor Setup
1. Dell U2415 24-Inch Led Monitor
Featuring 1000:1 contrast ratio, the Dell U2415 monitor claims to offer superior performance and at an affordable price. This feature, together with its 1920 x 1200p resolution, allows you to enjoy great screen clarity with minimal eye strain. The monitor also spots various ports including two HDMI and USB 3.0 for easy connections. On top of that, it is VESA compatible thereby allowing you to either mount it to a stand or to the wall. Also, the device comes equipped with a 24-inch screen featuring widescreen anti-glare display for optimal viewing experience up to 178 degrees. Further, its display boasts a refresh rate of 60Hz which ensures you don’t miss out on anything thanks to its fast reaction times.
2. ASUS 32” PA328Q Professional Monitor
Our next recommendation is the ASUS PA328Q that boasts a 32-inch screen with 4K display thereby giving you adequate space to arrange your charts. In addition to this, it is equipped with a sturdy stand that allows for pivot, tilt, height and swivel adjustments. Also, it has a wall-mount capability for better viewing positions. As if that’s not enough, its display has a resolution of 3840 x 2160 pixels and a refresh rate of around 76Hz.
Therefore, you can enjoy clear images that update every second so you never miss out on any opportunity. Additionally, it features ASUS unique Eye-care technology alongside TUV certified Flicker free to minimize eye fatigue and ensure smooth trading experience.
3. NEC PA272W-BK LED-Lit Monitor
Coming at a hefty price tag, this model from the brand NEC is a professional-class monitor. It comes with tons of amazing features including a resolution of 2560 x 1440 pixels with a maximum refresh rate of 60Hz. Therefore, it has no problems delivering sharp, accurate and nearly-perfect images. What’s more? Its display utilizes a GB-R-LED backlight and boasts a contrast ratio of 1000:1 thereby ensuring superior screen performance and great color accuracy.
As far as mounting of the monitor is concerned, this is a VESA 100 compatible unit which makes it easy to assemble and disassemble. This feature also allows you to either mount it to the wall or monitor stands. Moving on, the NEC PA272W-BK flaunts superb viewing angles and is backed by a four-year warranty for added peace of mind.
You don’t have to put up with a tiny computer screen or a cluttered desk space especially if you’re in the trading world to excel. So, go ahead and invest in a clean set up that’s all integrated. Once you do that you’ll be able to track everything that’s happening on your target markets and, therefore, explore more money-making opportunities.
Blake is a self-made online day trader with a knack for adventure. On his free time, he loves reading and learning new methods in the trading as well as improving his jiu-jitsu skills. He currently resides in New York City.