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ahmedasd

Trading in two screen

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There are some way that professional trader use to know when they should buy and when should to sell . They use many method I will tell you about one of them (Two screen method).

In this method you should have two screen (two computers) two or more . You must open different platforms from different devices to monitor the price of the currency from different sources. If there is a price change in one of the platforms, you must take advantage of that in your main platform.
As you know there are rapid changes in the price of currencies you can benefit from this method in trading operations. This method is one of the most important methods used by trading professionals.
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Traders might get benefits according to price differences between two exchange sites and according to my experience, only high volume traders will get benefits from this sort of trading activities.You know, generally there will not a huge price differences for the most of cryptocurrencies on the top ranked exchange platforms. 

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Is this about arbitrage? Trading between platforms requires certain time to pass. You need to know that most cryptocurrency transactions are not instant. For example if you plan to arbitrage trade ETC on coinbase because price suddenly spiked and decide to send your ETC there from your ledger, good luck with that. It will take a week to see them deposited with 32,000 confirmations. Even for BTC you will need 6 confirmations ~1 hour. By the time your deposit gets confirmed by the other exchange the price gap would have already been filled.

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Good arbitrage is when you make a profit on swaps, and trades are opened in different directions. Thus, there is no trading risk. Unfortunately, there is no such possibility in cryptocurrency. Although some projects, like Stormgain, give positive swaps for short trades.

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I also trade with two screens but i don't do arbitrage, i use two screens because one screen i trade forex only and the second screen i trade crypto only. It is simple for me to trade with two screens, but i will trade arbitrage later because it needs from $5000 to earn $50 everyday but no risk in arbitrage! Pricing difference is not that much.

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why you want to use many screens for only open many exchanges, you can do it by open all your account exchange in many Windows on one screen, i see some expert traders using multi screens but i don't know why.

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Maybe they like doing that or they feel amazed while trading  on dual screen and maybe there is technical reasons behind that and it is more comfortable to use double screen for trading. 

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I used to have 4 monitors hooked up, but ended up watching netflix with one, trading with one, doing fundamental search with one and chatting/ making memes with one of them.

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I like to trade with two screen when i trade arbitrage from LocalBitcoins to Paxful or from Yobit to Binance. Two screen are helpful but sometimes they can be complicated if you have small trading volume.

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Time is the ultimate weapon!

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I think you do not need two screens at the present time Windows 10 system provides this feature where you can adopt the smart screen to monitor all processes by dividing the screen into two working at the same time you only need a good processor and system 10

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I think you are trying to say arbitrage trading strategy, where we use two screen to notice the price difference in exchange, if any exchange price increase then immediately transfer our funds in this exchange, and sell earn few percent of profit but this arbitrage strategy works, when those two exchange  price difference high.

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I didn't understand exactly your method and how to benefit from the changing of price of some platform before other platform but i heard about the arbitrage strategy when you benefit from the different prices between different platform.

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Although this method makes it easier for you to do something as you do not have to move from platform to platform, but it is very cumbersome as you must follow the price on different platforms also 

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The two-screen trading method can be done when we trade on two exchanges, in my opinion, the price difference for one exchange is not too far, so when we use multiple screens it will be confusing and not focus on the main trade. I think it's better to use one exchange and one screen.

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For professional traders using two monitors is a mandatory requirement, but for novice traders it is not a mandatory requirement but depends on needs, because not all novice traders need two monitors,
and for the number of monitors it would be better if more than two monitors, because it will make it easier for you to monitor all the markets directly,
Note: all your monitors will be useless if your internet is unstable,))

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On 7/6/2020 at 4:05 PM, ahmedasd said:

There are some way that professional trader use to know when they should buy and when should to sell . They use many method I will tell you about one of them (Two screen method).

In this method you should have two screen (two computers) two or more . You must open different platforms from different devices to monitor the price of the currency from different sources. If there is a price change in one of the platforms, you must take advantage of that in your main platform.
As you know there are rapid changes in the price of currencies you can benefit from this method in trading operations. This method is one of the most important methods used by trading professionals.
If you liked my article, I hope you will rate me

I agree with you that traders have "advantage" when they use two "screen" because like you say they maybe miss the opportunity to make profit. But I dont understand why they must to use two PC? They can connect two "screen" on one PC and if they want other (second) device they can use tablet for that.

In any case interesting topic and it would be good that traders think about this.


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On 7/6/2020 at 10:05 PM, ahmedasd said:

There are some way that professional trader use to know when they should buy and when should to sell . They use many method I will tell you about one of them (Two screen method).

In this method you should have two screen (two computers) two or more . You must open different platforms from different devices to monitor the price of the currency from different sources. If there is a price change in one of the platforms, you must take advantage of that in your main platform.
As you know there are rapid changes in the price of currencies you can benefit from this method in trading operations. This method is one of the most important methods used by trading professionals.
If you liked my article, I hope you will rate me

I like this method but I like to use Yobit and any time I find a price discrepancy between Yobit and another exchange, the currency is not withdraw-able or deposit-able. Finding any real price differences between other exchanges is really hard. The prices are normally very similar. I could make a fortune if I could withdraw and deposit all currencies on Yobit.

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Why didn't I think of that? This is a great method that will help you a lot in trading. I will try to use this method for my trading.

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As you mentioned in your topic, this is the way of professionals, because first it requires skill and is fully familiar with the market and all the appropriate entry and exit points, as well as it consumes much energy..

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There are lots benefits in trading in two screen because one screen can give us time to understand the exchange rate of different currency and forex market and other give us time to negotiate

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On 9/5/2020 at 4:51 PM, Calvinpriva said:

I like to trade with two screen when i trade arbitrage from LocalBitcoins to Paxful or from Yobit to Binance. Two screen are helpful but sometimes they can be complicated if you have small trading volume.

yea arbitrage is not worth it if you are working with small amounts of money, because the fees alone will make the arbitrage not worth it, but be careful with this strategy because sometimes the markets dip fast.

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This method is called arbitrage trading and it has many conditions that have become difficult to achieve, which are the size of the withdrawal fee and the speed of withdrawal because the price may change, in addition, I think that you do not need two screens to follow the price, there are many programs that monitor the price and you can use it to monitor the price of a particular currency On many exchange platforms.

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This method of trading is called profit through the spread between the trading platforms. But this plan needs a great focus, otherwise you will lose your capital with a small mistake, there are digital currencies that find the price on a higher platform than other platforms, and you can buy on the platform where the currency is located at a cheap price and sell on a platform where the price of the currency is more expensive.

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I used to see many analysts and traders open currency rates in more than one screen and look at the price in all platforms, but I did not know why they do so until I read this article on your own, it is a good way to monitor the movement of currencies and take advantage of it.

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