The beginning of the year is always a time for reflection and a time for looking to the future. Humanity has come a long way over the last decade or so. In 2010, we barely had tablet computers. Now you struggle to find a trader who doesn’t own one. And in 2010, fintech was something that was just a futuristic buzzword, something only people in Silicon Valley were talking about. But now it’s a real thing, and it’s transforming the world as we know it.
What tech is essential for the modern trader today? Let’s take a look.
The modern trader office is rather different to what it was like a few years ago. Technology has arrived in earnest. Now trading offices are incomplete without a good smart TV. Smart TVs help keep traders up to date with the latest news, but they go beyond the traditional functions of a TV. Essentially, they’re rather like having just another internet connected device, allowing you to see what your fellow traders are doing on social media and giving you the opportunity to watch YouTube educational videos, right from the comfort of your own desk.
Then there are the advances in monitor technology. New offerings from Samsung and LG get rid of the need to have ugly multi-monitor setups. Instead, their new 34 inch widescreen monitors allow you to have multiple feeds and pages open at one time, enabling you to keep track of metrics that would have taken three displays in the past.
On The Go Essentials
Yes, the office has been transformed, but nothing has shaken up the world of trading quite like mobile and the cloud. Now traders are using their forex VPS account to trade over the cloud from wherever they are. Trading can be done while you’re out with your friends, on the train on the way to work or just before you go to bed.
Traders who want to stay on top of the game all day long should also probably invest in a mobile hotspot. The problem with WiFi, as anybody who has used it in public, can attest, is that it is intermittent and that it also blocks lots of traffic, seemingly at random.
A good tablet with an internet hotspot dongle, as well as a decent battery life should suffice for most traders.
A lot of traders travel as part of their work. But this makes staying up to date with what’s happening on the markets difficult. Fortunately, technology has provided some solutions. There are a whole host of new gadgets and solutions designed to make trips more fun and less stressful.
One cool gadget is the portable charger. You’d be surprised just how quickly a mobile device can run out of battery under continual use. Now you can get bags, like the AMPL Smart Bag, that are rucksacks that also contain a charging unit. This allows you to charge and protect all of your valuable electronic devices as you travel around.