Do you have?
I saw a trader with 6, 4 in the bottom row, 2 above the center 2. I don't know if that is really necessary, but I am sure it is. I googled and found some peoples with 8-24 screens. What the heck do you do with the 18+ screens when you can only stare at 6 at a time?
Using all of your knowledge and whatnot, please provide an estimate of the optimal number of monitors needed for a day trader, say at top tier BB. Use models, equations, BS, guesswork, or asking your little brother. That's how the real traders do it on Wall Street.
I've seen plenty of traders here with 6 screens. You definitely need them because 3 or 4 of them are tracking prices, and then you still need 2-3 to actually use.
I think 24 is a little excessive, I don't see why you'd need more than 12
Clearly, the more screens you have, the more money you're making, and the more imporant you look, obvi.
well i have 2 but i'm just a monkey 1st yr analyst
the guys on my desk (equity derivs) have 6-8
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"its the running joke now, we now have fair trade with china so they send us poisoned sea food and we send them fraudulent securities."
i've counted 8 per trader which seems pretty modest. Each one is definitely vital.
I think 4-8 per trader is common. Most use about 6 but many use 4. It depends on the trader. I think four at a minimum is really necessary.
4 42-inch screens, 2 19-inch.
Most energy traders (oil, nat. gas, power) will have 3 or 4 while the 24-power traders usually have 8. I've seen this on multiple trading floors.
power traders have a LOT of work to do besides trading. they have to call up utility companies to route the electricity at a certain time, they have to find a route for the electricity to get from point A to point B, it's a big mess.
4 bid at 6.
Also power traders will have stuff like IIR, and that thing that shows real-time information of how much power is trading out of each power plant on 1 or 2 monitors alone.
how many monitors do analysts have in IBD?
i think 2*19inch is standard these days?
Most FO positions have 2 monitors at least. This includes IBD, ER and AM. This was true for my bank.
I've never used more than 1 screen... a lot of people with whom I have worked in the past also used 1 screen... Some people with whom I work now think they're hot shots or something, and, even though they have 1 monitor, they will prop up their laptops and make it appear as if they have 2 screens... I don't get it. Have never needed more than 1...
Im a Penn student and a friend of mine in Wharton has 8 screens set up in his dorm room like a retard (Im being a little critical). He buys a lot of fancy junk on dad's dollar but of course fancy technology can't replace intuition and plain rigorous research!
and unfortunately some things dont change....like b2 spewing utter nonsense all over threads (clearly wso is patient). on the bright side, at least we still have nystateofminds razor sharp wit. ha ha.
to the question at hand: as a live institutional trader, one screen is disadvantageous. rare was the case that you only had two screens, but that would be the bare minimum in my opinion (one solely dedicated to the markets you monitor and then for all other programs you run) - unless you were in banking, where two screens were about average. on the floor however, three screens were the norm (market, bloomberg/outlook, rotation of primary programs: or some combination). as of my departure from the floor, four was the sought after number (dedicated: market screen, bloomberg/email, 1st major program, 2nd major program). five screens or more were usually reserved for very heavy volume trading where time was off the essence (and even alt+shift wasnt enough) and then very rarely for a few tech savvy research gurus or quantitative geniuses (otherwise it was just another monster ego senior employee as alluded to earlier).
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