Emini Trading Update – Friday 4 Nov 2011 (16:29)
If I hear the word “summit” one more time … Agh, so much going on. I can hardly keep up with the news feeds. Not that they impact my trading but just because I’m fascinated by the goings on.
Question of the day …
From Jim F.
“Can you tell me if there are any special system requirements my computer needs to have in order for it to handle all the data that will be pumping through it?”
There are no specific recommendations on computer specs but the best advice is to get something current and fast. That doesn’t mean a custom built machine just a high spec current machine. The two most critical components are a fast Internet connection (10+ Mbps) and sufficient RAM (4-8 GB).
I use tick charts for my day trading and they are more computer intensive than time-based charts. So I’m pushing my machine a little harder than most traders. On the other hand, I only have 3 windows open during the trading day, following 1 instrument – while other traders have dozens of windows open, following dozens of instruments.
More information here on Running charting software.
More information here on TradeStation system requirements.
Links of the day …
A piece of brilliant analysis from Zero Hedge on reverse repos and withdrawal of market liquidity. Plus here’s the European picture. This would seem to support the “U” turn we’ve seen in Treasuries and the USD.
And in case Repos are a mystery to you, nice little video from Khan’s Academy.
Then some rousing stuff from Martin Armstrong, including:
“Everyone claims we live in a democracy, but in truth, this is just a corrupt republic … government always turns into corrupt vile things dominated by oligarchies.”
Read the full piece from Armstrong here: A Crisis in Democracy.
And finally, HT to Barry Ritholtz. I love Japan and have so much respect for the Japanese. Before and after photos of the tsunami.
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