Using the wrong tools and the wrong software for stock trading can be a fatal mistake for your business. But one thing’s for sure: the stock market is not the easiest field that you can work in, but once you get used to it, you have to make sure that you’re prepared with all the necessary tools.
However, you might have all the necessary knowledge when it comes to stock trading and the stock market, but all that information is useless if you can’t use it digitally in a way that is appropriate for how things work in today’s society. What does this mean? Well, in the digital era that we live in, everything needs to happen fast. And if you want to keep up with everything that is going on, you might want to get the best device that can help you succeed and conduct your business in the best way possible.
One thing that every stock trader should be careful about is the software that they’re using. In this article, we will discuss the best laptops that a stock trader should use in order to run their software with no problem and keep their business going. Here you can find information for all the technical details that you need to know about and you can also check out the mini-list of pros and cons at the end of each section of the article. Without further ado, let’s take a look at the best laptops for day trading and stock traders:
1. Apple 15″ MacBook Pro
You’re probably already aware of this, but it’s a well-known fact that Apple laptops are some of the most reliable devices on the market right now. But there’s a pretty big price that you have to pay in order to enjoy this laptop’s features. So if your budget is lower than $1,000, you might want to skip this section.
This device has a 15.3′ inch IPS LCD display with the resolution of 2560×1600. When it comes to 15-inch displays, the Apple 15” MacBook Pro is as good as it gets. For the price that you’re paying, you also get a 128GB PCIe based SSD. Why is that a good thing? Well, it is already a well-known fact that a laptop will perform a lot better if you are using an SSD. And that’s exactly why Apple sells most of their laptops with pre-installed SSD, whereas the majority of Windows laptops come with a hard drive.
With a 7th Gen Intel i5 processor, this machine has 8GB DDR3 RAM and it’s also capable to maintain its battery for up to 10 hours. The battery life aspect is very important in stock trading, and one such Apple product makes it easier for everyone to stop worrying when it comes to this part.
There are numerous features worth mentioning on the pros list, but here are just some highlights: long battery life, best display on the market and high performance. As you would imagine, the cons list is short, but we still have to mention some aspects like the fact that the laptop only has two USB Type-C ports or that you can’t upgrade the RAM or the SSD.
2. Acer Aspire E 15 (8th Gen)
Not everybody has $1,000 dollars to spend on a laptop, right? That’s when this Acer device makes its appearance costing only $600 (almost half of the price of an Apple MacBook Pro). The full HD ISP, 15.6-inch display might not be the best on the market at the moment, but there has to be a difference between one such device that has a pretty decent price, and the ones that cost at least $1,000.
This model comes with an 8GB DDR4 RAM, but the great news is that if you need to run some heavier tasks on this laptop, you can always add RAM in the additionally available slot. One of the more impressive features of this laptop is definitely the 256GB SSD, and if that’s still not enough storage for you, you can always add HDD/SSD in another additional slot.
Another great feature that this laptop brings is the backlit keyboard, which is a pretty unusual one because most companies wouldn’t offer a backlit keyboard for a lower price device. Also, battery life for this device is pretty decent: up to 8-9 hours (although Acer claims that it can even last 15 hours).
As the most important item on the pros list, we have to mention the fact that it is indeed the best affordable laptop that can be used for stock trading. Also, it has a pretty decent performance, that allows you to run all the necessary software for stock trading. There’s not much left for the cons list, besides the fact that if you would like to use this laptop for playing games, it is not recommended, given the fact that it heats a little while gaming.
3. Lenovo Y700
Unlike the previous model, this one is perfect for all the gamers out there that also conduct trading activities. With a GTX 960M graphics card, that is not available for the MacBook Pro, for example, this laptop allows you to do some hardcore gaming and can be suitable for running any other software, even the one necessary for stock trading.
Good news is that if this 15-inch laptop is not big enough for your taste or needs, there is an available 17-inch laptop that’s basically the same as this one. The Intel’s 6th Gen i7 processor makes it easy for a stock trader to conduct his business at a rapid pace. It is not the latest best-performing processor available on the market, but it’s great for trading activities.
If you need lots of storage on your laptop, and a stock trader usually does, you might want to go for this one. Besides the 128GB SSD, this device also has 1TB memory on its Hard Disk, which should be more than enough for any stock trader out there.
The fact that its performance is amazing and that it has great JBL speakers are definitely aspects worth mentioning on the pros list. As for cons, we could include the fact that its battery only lasts for 4 hours (if you are a stock trader that has to use multiple apps at the same time).
4. Razer Blade Stealth
There are two types of stock traders: the ones that work from home or from an office, or those who are always running around having to carry their laptops with them all the time. If you find yourself in the second category, the device we’re going to discuss in this section is the perfect one for you. This laptop has an incredible weight of fewer than 3 pounds. But as you would expect, for such a high-performing laptop that is so easy to carry on-the-go, you will have to pay more than people usually do.
When it comes to the display, you have to options: 12.5 inches or 13.3 inches. I know there is not a huge difference between those two, but for a stock trader, it can make that difference, given the fact that in this job you have to work with a lot of numbers and charts.
In the storage options area, this model of the laptop comes with three: 256GB, 512GB or 1TB SSD. Of course, the price is different for each option out of those three. You should consider the fact that this laptop has 6GB DDR4 RAM, which makes it perfect for heavy tasking such as video editing or playing video games, and of course, running stock trading software.
If we talk battery, it can be a pretty good feature for Razer Blade Stealth, given the fact that it lasts up to 7 hours if you only conduct basic online activity (like research and web surfing for example. If you are one of the heavy users, that number might go down to only lasting for 4 hours.
The premium build quality is for sure at the top of the pros list, along with the high-quality display and the great performance. The fact that is quite expensive for a laptop fits pretty well on the cons list, and also, there’s no dedicated GPU.
5. ASUS ZenBook UX330UA
Even though it is not the latest release by Asus, this model is a great deal for any stock trader out there who has a lower budget. With 8GB DDR3 RAM and 256GB SSD storage, the ASUS ZenBook UX330UA has a pretty decent display and gives you the opportunity to conduct your stock trading activities and succeed with your business while doing it.
It is true that you can’t update the RAM, but this model is a pretty fast one as you can surf the web, use stock trading software, do some video editing and even play some video games. In case you love gaming, you should keep in mind that Intel’s HD 520 integrated graphics card is not the best idea for heavy gamers, but can work out pretty good for older games.
Some of the best features of this laptop are its weight and battery life. It is surprising that it only weighs 2.6 pounds, which makes it very easy to carry around the entire day. As for the battery life, this is where it gets quite impressive! With lightweight usage, its battery can last up to 12 hours. If you’d like to use it for something more than that, it can still last up to 10 hours. That’s pretty impressive, isn’t’ it?
The list of pros is mostly dominated by the two features mentioned above: battery life and weight. As for the cons list, there’s not much to mention if we consider the price, but the quality of the display could have been better for sure.
6. Dell XPS 15
As we mentioned before, a laptop with a wider screen would be perfect for a stock trader. And this is where Dell XPS 15 makes its appearance, a device that offers great quality for an affordable price.
The 15.6-inch screen comes with two available types of displays: 1080P and 4K. Of course, it sounds amazing to work on a laptop that offers you 4K quality, but you might want to consider the battery life aspect before making a decision. That means that your battery might die much, much sooner when using a 4K display. Now you might ask why would you choose the Dell XPS 15 only for its display quality when you can easily go for a MacBook Pro? Well, it is very simple actually: the Dell model is a lot cheaper.
The GTX 1050 4GB VRAM graphics card makes it possible for a user to use all the necessary software for stock trading and almost anything else, so the performance of the laptop is great. And to take the great news even further, if you also love gaming, this Dell laptop can works amazingly well for you.
At the top of the pros list, it wouldn’t be right if we wouldn’t mention the amazing display. But we also can’t throw aside the fact that the laptop does very well when it comes to gaming or heavy tasking. It is safe to say that there are no items on the cons list? Really, if we consider the price of the device, there’s nothing more than you could ask from this laptop.
If you want to give yourself the best shot at succeeding in your career as a stock trader, you have to be very careful when it comes to picking the right tools before taking this path. Of course, one of the most important aspects is the software that you use, because you might miss on a lot of money if you don’t use the right one.
But don’t forget to consider the fact that you need a great laptop that entirely supports the software that you need and even more than that. You might love video editing on the side, or gaming, or any other heavier task for a laptop, so that’s why you need to get a laptop that will help you conduct your activities as a stock trader and other activities in your spare time.
Blake is a self-made online day trader with a knack for adventure. On his free time, he loves reading and learning new thing as well as improving his jiu-jitsu skills. He currently resides in New York City. Learn More >>