Tagged: Contabo VPS
- This topic has 100 replies, 23 voices, and was last updated 3 years, 5 months ago by Bart Meijrink.
December 20, 2018 at 9:55 #7812
All you need is desktop computer(because you can update the RAM when you place more Meta Traders) and broker regulated from FCA.
No need to spend extra money for Forex VPSDecember 21, 2018 at 23:08 #7835
You are right John, but I am not sure if it is only RAM needed to place more Meta Traders, as I am now the hardware guy…if someone shares more professional opinion on that would be very useful!December 24, 2018 at 7:28 #7882
I’ve actually been doing a lot of homework on this topic the past week. My current set up is a 7 year old Sony Vaio, so this thing is crawling when running FSB or EA Studio. Since EA Studios runs on Popov’s servers I’ve been using it way more until I can get a new computer. Looking at building a PC with a 12-16 core processor, and probably going to go 32gb of Ram so I can actually USE my computer while running either FSB or EA Studios at lightning speeds. It would actually come out to be cheaper than buying a gaming laptop or pc which usually comes with a 6 core processor and 8gb of ram. I’m not a computer expert by any means but cores+ram=lightning speed is all I needed to know!December 24, 2018 at 10:00 #7884
you are right, no need to have gaming computers as they put inside normally more powerful video cards which makes them more expensive. That is why the Forex VPS normally are with poor resolution but higher RAM and cores.
CheersDecember 24, 2018 at 10:06 #7885
I did the stupid mistake to take gaming computer, and it went to my son after that. Then I took a Forex VPS, and now I am looking for desktop…as said above no need to spend money for Forex VPS, even it gives some kind of security.December 24, 2018 at 18:08 #7897
Don’t feel bad, I was very close to swiping my card on a gaming laptop this weekend. I decided to look at how much it would cost to build a PC with the focus of processing power for the builders instead of graphics and frame rates for gaming. Check out a youtuber Joey Delgado. I’ve been watching his “how to build” videos. Everything he’s picked out for the budget builds are gaming specific. So I started doing homework on a data processing focus components with memory for all the data sets instead of high end graphics cards for frame rates.December 25, 2018 at 16:52 #7908
Good point here, Roman! Thanks for sharing that with the others.
CheersDecember 25, 2018 at 17:30 #7911
Thank you, Roman!
that is very useful information. I will have a look at the videos that you suggest.
Unfortunately I am not IT at all, and I can not build my own computer. May be I will look for some shop where are specialists. I really prefer that, since you guys and Petko suggest that. I think it will be better than using Forex VPS.
Kind regards,December 25, 2018 at 19:54 #7915hamselvParticipant
RegardsDecember 26, 2018 at 12:36 #7928
As far as I know, the EA Studio runs on the browser, but it needs server as well. I mean every app works on a server.
I use laptop and desktop which is just fine to have 5 platforms running without a problem. As I am full time trader, I do not move the laptop at all.December 28, 2018 at 11:28 #7992
Hey Jordan, glad to hear from you again.
Guys, keep in mind that when you use laptops, even you move them, disconnect them from internet or just update the windows, the EAs have their Magic Number which will detect the opened trades after you are back connected.
Also, if you have SL and TP in your EAs you are fine to disconnect from time to time.
But if you do it too often, you will not have precise statistics.December 28, 2018 at 11:43 #7995
@John: I’m not an IT guy either, in my previous career I was a bread baker and now in sales and marketing. Have never put a PC together in my life, but just like with bread, you watch other people do it enough you can ease your way through it. Comes out a lot cheaper, especially to upgrade a few things here and there every few years 😉
@Jordan: My laptop is 7 years old, only running 2 cores and 4gb of ram. This think hates life when running FSB let alone get any other productivity out of it while running. Which is why I’ve turned to EA Studio, but eats up all my ram. So again cant do much while she’s running the softwares. Forum is about it lolDecember 28, 2018 at 21:58 #8027JordanParticipant
do not hesitate to improve your trading machine. I learned with the time in trading that the tools we use as – machines, softwares, courses and all are very important.
You will be able to generate faster EAs, to test more EAs and to build your trading faster. I am sure that your investment will pay back.December 29, 2018 at 10:05 #8039
Jordan, you are absolutely right, but I can say that when trading is not the primary income, one should not spend a lot of money on machines. Just a simple desktop with more RAM and higher cores number would work fine as a beginning.
Now, when the first profits come, those should be invested in more powerful trading machine, Forex VPS or what ever the trader decides.
Normally no one thinks about that because more than 90% of the traders trade manually. They do not need a machine, and nowadays more and more trade from their mobiles, which is ridiculous!
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