What is the "Benchmark Score?"
Is Your Computer Fast Enough for Trading?
Check Your Benchmark Score Now!
Is your computer truly fast enough for trading? Have you ever really considered this? A better question might be: What happens if you try to trade with an old, slow, or underpowered computer?
The biggest risk you face as a trader is something called slippage. Slippage occurs when you place an order to buy or sell, but the price at which your order is executed is different from what you expected.
For example, let's say you place a market order to buy Apple stock when it's being offered at $95.05, but when you receive your order confirmation, it shows that you paid $95.51. This difference is slippage, and it can cost traders thousands in lost profits.
Why does this happen? Slippage often occurs when a trader's computer is underpowered. Many traders don't realize that the sheer volume of real-time data flowing into their computer can overwhelm the processor, creating a bottleneck. This bottleneck causes a small delay in the pricing data, meaning the prices you see on the screen might be outdated. Even a delay of just a fraction of a second to two seconds can wreak havoc on your trading strategy.
So, how can you tell if your computer is fast enough for trading? Fortunately, I've developed a speed test. The result of this test is something we call the benchmark score. Once we determine the benchmark score we will know for sure if your computer is truly fast enough to trade with.
The first step is to determine what processor is in your computer, as the processor is the engine that drives your system. Once you know what processor you have in your computer we can determine the Benchmark Score.
To find out which processor you have, click the appropriate link below, and I'll guide you through the process. Go ahead and do that now.