Hi everybody. Eddie Z here from EZ Trading Computers.
Let me ask you a quick question. Is your computer fast enough to trade with? Have you ever really thought about that? Maybe a better question is, what happens if you try to trade with an underpowered old or slow computer?
The biggest risk you have as a trader is something called slippage. Slippage is when you enter an order to buy or sell and the price you get filled at is completely different than what you expected.
Let me give you an example. Let’s say you put in a market order to buy Apple when it’s being offered at $95.05, but when you get your order confirmation back, it says you paid $95.51. This is what I mean when I use the word slippage. It costs traders thousands in lost profits.
Why does this occur? Slippage usually occurs when a trader’s computer is underpowered.
What most traders don’t realize is that the sheer volume of real-time data coming into your computer can overwhelm the processor and create a bottleneck. This bottleneck creates a tiny delay in your pricing data. This means that the prices you see on the screen can be old and stale. Even just a fraction of a second to a two-second delay can wreak havoc on your trading methodology.
TEST YOUR COMPUTER’S SPEED
So how can you tell if your computer is truly fast enough to trade with?
Fortunately, I’ve developed the speed test that you can run right now to determine if your computer has enough horsepower. The first thing we need to run the speed test is to determine what processor you have in your computer. The processor is the engine of the computer, and your engine needs to have enough horsepower to defeat slippage.
To determine exactly what processor is in your computer, please select the appropriate link below, and I’ll walk you through exactly how to find your processor. Do that now.