In this video, we’re going to talk about a few simple tips to optimize your computer and speed up your overall trading experience.
What’s up everybody. It’s Eddie Z here from EZ Trading Computers, and you’re watching Trading Computer Secrets.
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One complaint I hear from traders all the time is, “My data seems to flash, or burst on and off, during extremely volatile markets and around news events. Sometimes my data — and my computer even — freezes. How can I make this stop happening?
Well, let me tell you, this is a great question. Essentially, there are three keys to preventing data bursts, data delays, eliminating slippage, preventing freezes, and improving your overall data speed experience and your trading experience.
The first key is having a lightning fast and the most up-to-date processor. A processor that has a benchmark score of at least 17,000 or higher is an absolute must. If you want to test your computer’s benchmark (your processor’s benchmark score), click the link below this video and I will walk you through it.
The second key to optimal speed is having plenty of RAM. That is, Random Access Memory. At the very least you want 16 GB.
The third key element is having the fastest and most stable Internet connection that’s available in your area. So let’s talk about Internet connection speed.
In my opinion, the absolute lowest acceptable speeds are 20 Mbps (megabits per second) download speed, and 5 Mbps upload speed. These are minimums, and faster is always better.
These are very low numbers, but they are minimums for trading. We want numbers like 100 to 200 to 500 Mbps download, or 100 to 200 to 500 Mbps upload.
So how do you run a speed test? You visit speedtest.net.
So the easiest way to get there is just go to Google and type in speedtest.net. It’ll come up right here. The page will load.
Sometimes there’s a lot of advertising on this page. Ignore any advertising. Just go ahead and click this big GO button and the tool will begin. So it will pick the closest major server or node near you. In my case, it’s AT&T Miami.
It’s running a speed test right now. It’s testing the download speed. So my download speed is about 900 Mbps. A thousand Mbps would be a full gigabite of download speed.
Now we’re testing the upload speed, and my upload speed is 940. Again, this website is called speedtest.net.
My suggestion to you is that you call your Internet Service Provider and request the highest speed available and that you can afford. Please don’t cheap out and settle for a lower speed just to save $20 or $30 a month.
If your provider tells you that you can’t get at least 20 Mbps, go find a new provider. These days, you should be able to get 50, 100, or even 1000 Mbps download speeds. For some people, unfortunately, you may only have a few choices, like DSL from the phone company, or maybe high-speed from the cable company.
Some people think that 4G from the cell phone companies is an option due to their advertised speeds. However, most tests show that 4G never breaks about 4 or 5 Mbps.
And there is definitely latency or a delay from the time you ping a nearby tower to the time you actually connect when using 4G or a cellular network.
Another option, satellite Internet, is pretty slow also in most cases: 3.5 to 5 Mbps.
Okay, so now you have a brand new computer, and you have tons of RAM, and you have the fastest CPU, and you’ve purchased 100 Mbps download from your cable company, and you’re still getting data bursts and intermittent data.
How can this be?
Believe it or not, this even happened to me. And the answer is in the final mile, the wiring from the telephone pole or the pedestal outside your house or your office to your computer. It could be that the wiring took a lightning strike and damaged the line, or even damaged a splitter like this.
If the wiring in your house is old, it wasn’t really designed for high speed data transmission, or most probably that wire degraded substantially over the years. So call your provider and have them check the entire final mile.
Sometimes having too many lines splitting from the main line can also cause a drop in signal. So there are many, many things that can happen in that final mile. And, you may need to have all of the wiring replaced.
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Thanks for watching. And if you haven’t already, please go ahead and download our Complete Guide to Trading Computers by clicking the link below. This guide is jam-packed with great tips so you can totally optimize your trading experience. My name’s Eddie Z, and I’ll see you in the very next video.
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