Hey traders! Gone are the days when trading required people to sit before a couple of monitors on their desk all day long to become a successful trader.
Now you have these wonderful gadgets called laptops that not only break the chains of past of staying glued to your desktop but also offer plenty of freedom to work from anywhere at any time.
Now, the most common question traders ask is what is the best laptop for day trading? Both newbies, as well as the professionals in the trading line, often get confused when they think about it.
Sure, you would have many options in mind, but the curiosity of finding the best took you here. Well, what happens is most people desire a fancy laptop, but don’t skim hundreds of those.
After reading all about the laptops that I have reviewed in this guide, you will be able to choose a good laptop for your daily trading business.
Irrespective of whether you own a little cash or a big sum, there will still be an option for you! So, shall we start diving in?
- Best Laptops for Day Trading
- How to Choose A Good Laptop for Day Trading
- What exactly should I look for in a trading laptop if I have a tight budget?
- Should I purchase a laptop with a warranty, and if yes, how much?
- Should I prefer a warranty or features?
- Should I go for the touch screen laptop?
- Bottom line
Best Laptops for Day Trading
Microsoft Surface Pro
Microsoft Surface Pro is a thriving invention in the world of class, elegance, and style. Lightweight and highly-functional, it is best for a fresh start. It is a two-in-one gadget, meaning you can either use is a laptop or a tablet.
You can enjoy laptop mode, tablet mode, or studio mode etc. It can handle multitasking efficiently, and you won’t see it stuck with several programs running at the same time.
Besides, it has high storage and processing speed. So, even after installing lots of applications, you will have plenty of space.
New Apple MacBook Pro
Apple MacBook Pro is a perfect rival of Microsoft Surface Pro. This is preferred by businessmen and professionals because of its reliability and high-functionality.
The best thing about this laptop is its battery life, as by picking Apple MacBook Pro, you will never run out of battery in the mid-trade unless you haven’t charged it for days.
It runs faster even at times of heavy loading and is perfect when it comes to high-graphics display. Also, the one thing that you get with Apple MacBook Pro is the surety of security as it pays special attention to this factor.
Dell XPS 13
This Dell laptop is perfect for those who are not looking for anything bulky. If you get tired of carrying heavy stuff, then here is the Dell XPS 13, which is extremely lightweight, and you’ll not feel a burden carrying it. Even though it is compact, you’ll be surprised at its stunning strength.
With the Intel i7 processor, there is no doubt for its high-performance, and up to 10 hours battery is enough for you to grab it. Besides, it comes with SSD, means no crashing, no vibration, no heat generation. And 1 TB memory makes it an ideal choice with a powerful configuration.
Lenovo legion Y540
After so many highly-priced items, it is time to review something that is suitable for a low budget. So here you are going to have a look at one of the best laptops you can buy when you have a limited price range. It has a handful of benefits. First, it is cheap, and second, it has a really good processor.
Intel Core i7, most unlikely to found in reasonable-priced laptops, is one of the main features of Lenovo legion Y540. Also, 1 TB of storage is great, as well as the operating system.
It really is a great choice, and if you think you want to buy something inexpensive and higher in productivity, you can think of it as a good laptop for day trading.
This is another laptop that is best for those traders who are looking for an inexpensive gadget. By just looking at its performance specs, one can tell it features high-quality as well as high-functionality. It is lightweight, and won’t hurt your muscles if you carry it.
Also, the intel i5 is used, which is still a fast processor in this price range. One good feature that cannot be ignored is, of course, SSD, which means the processor will work absolutely best. The operating system is windows 10, which again highlights its traits.
Samsung ChromeBook 3
Samsung is a brand known worldwide for its reliable products. The same is sure about this one. Samsung ChromeBook 3 is a small laptop, but it has high features. Again, it is not bulky, and what made it more special is up to 11 hours of battery life.
Means, if you have somewhere to go, it will not only fit perfectly in your bag pack but also won’t make you tiring. In addition, its long battery hours will save you from being stressed about power.
Lenovo ThinkPad X1 Carbon
You would love to have Lenovo X1. Before exploring this gadget, you should know why exactly do you need a laptop, either if you are a trader or thinking to opt for this profession. Well, there are a handful of reasons.
Just like the professionals in coding and designing work with specific laptops, the rule goes the same for the trading. And Lenovo fulfills all the needs and requirements of a trader perfectly.
With a fast processor as i7 and up to 15 hours of battery life, at a reasonable price, with high memory and storage, it really is amazing.
How to Choose A Good Laptop for Day Trading
Okay, as you all know there is not any “perfect laptop” that is proved to be best for you but surely there is a wide range of laptops, each having distinctive features so that you can have a deep insight in them and find out what stands as the best for you.
So here, in this buying guide, you are welcome to explore all the best features of laptops, including what you should look for as well as what you should avoid deciding your laptop for day trading.
You must be wondering why it is on the top. The reason why battery life is more important than any other feature is that it links you to the core of the trading system.
Of course, you are not investing your money just so when after sitting hours in front of your laptop, the battery betrays, and the laptop gets shut off in the middle of the trade.
To avoid that, you should go for a laptop that at least has 6 hours of battery life. If it is 8 or 10 hours, then voila, you are good to go.
After the battery, comes RAM. It stands for Random Access Memory and is responsible for all the temporary read/write functions. This short-term memory matters a lot in your trading profession as it allows you to switch between several things quickly.
As while trading you work with more than one application or program, your laptop should have enough RAM to support you to the top. You can decide on a laptop having RAM between 4 GB to 8 GB, however, if possible, 16 GB would be really fantastic.
Screen size and resolution
No doubt, trading online means sitting before a laptop for hours, and this time is no less than 5 or 6 hours, so it is better you choose something that is safe for your eyes too.
Also, a high-resolution display is a must to make the screen brighter. Looking at the dim screen for so long can result in eye pain and other infections.
This takes us to the screen size, which should be between 13’’ to 17’’ to keep your eyes safe from staring too long into tiny numbers and characters on the screen. As for resolution, pick something of 1920 x 1080 pixels.
Do you remember that big box that earlier used to come with monitors? No question, a CPU, or Central Processing Unit, will be your best assistant while trading if you just pay a little attention to this brain of your laptop.
It has evolved into a processor with time and is considered as the main component when it comes to a high-functionality laptop.
So, when you are looking for it, try to find an Intel-Core i7, which is the best. If not, i5 is also okay. With that, the processing speed should be no less than 2 GHz.
Okay, here is the thing, there are two types of storage drives. One is HDD and the other SSD. You should consider the former one, Hard Disk Drive, only when you cannot find the later, Solid State Drive.
Beyond dispute, the contemporary SSD if far better than the traditional HDD in terms of crashes, heat generation, and vibration. It is because there are no moving parts in SSD; thus, it is best to pick.
Besides, since you will be working with many software at one time, it is necessary to have a storage device that can quickly manage to save data, and SSD is faster and reliable than HDD. However, you can also get a combo if you wish.
What exactly should I look for in a trading laptop if I have a tight budget?
In case you have a limited budget, you can still get a good trading laptop by investing precisely in the best processor and RAM. Look for at least i5 Intel processor and 8 GB RAM.
Should I purchase a laptop with a warranty, and if yes, how much?
Yes! You should always look for a warranty if possible. It helps you safeguard your purchase. The typical warranty for a laptop goes between three months to one year.
Should I prefer a warranty or features?
You should remember that performance specs, such as a high RAM and processor, or storage, and battery life, comes first. Do not buy a laptop with the least features just so it has extended warranty. However, you can consider a good laptop with a warranty.
Should I go for the touch screen laptop?
Yes, as long as you are comfortable with it. Most people, nowadays, prefer 2-in-1 laptops for their daily use, but you should go for it only if you can handle it easily.
Now I’m not saying that having the best laptop means you will soar the heights of success, of course, that depends on your hard work. But I must say that a notebook with certain performance specs would do have a helping hand in your success.
People take it forever to think which brand they should invest in, so to find out and help you explore what your heart desires and mind accepts, as well fits your requirements, I recommend Microsoft Surface Pro.
It not only has enough RAM and battery life but also ranks high in processor and other requirements. All the best!