Millionaire’s Trading Computer and Software Setup: Office Tour | David Capablanca

Episode Overview

• Full-time stock trader David Capablanca gives a detailed tour of his professional trading office located in the U.S. Bank Tower in Los Angeles.
• He breaks down his hardware configuration, focusing on his quad-monitor vertical setup and the ergonomic and informational advantages it provides.
• The episode covers the essential software stack he relies on for scanning, execution, and in-depth fundamental research.
• Capablanca discusses the importance of his daily and post-trading routines, which include physical fitness and social activities to maintain mental clarity and focus.

Key Concepts

• Professional Hardware Setup: The video details the hardware components that form the foundation of a high-performance trading station. This includes a quad-monitor setup featuring four LG 34-inch ultrawide vertical monitors, which Capablanca prefers for ergonomic reasons (reducing neck strain) and for efficiently displaying lists and charts. He also mentions the use of a Plugable USB docking station to manage the multiple screens.
• Critical Software Stack: Capablanca shares the key software tools that give him a market edge. He uses Cobra Trading as his broker with the DAS Trader Pro platform for fast execution. For finding opportunities, he relies on a custom Trade-Ideas scanner. His fundamental analysis is powered by Dilution Tracker and AskEdgar, which help him research a company's financial history and SEC filings.
• Fundamental and Statistical Approach: His trading style is described as active and information-driven. He emphasizes the importance of going beyond charts to conduct deep fundamental research into a company's history of reverse splits, share dilution, and corporate actions to build a trading thesis.
• The Importance of Routine and Mindset: The video underscores that a successful trading career extends beyond the market open. Capablanca shares his after-hours routine at the LA Athletic Club, where he works out, plays chess, and socializes to decompress and maintain a balanced mindset, which is crucial for staying disciplined and focused.

Quotes

• At 01:21 - "So, a little background on why I chose the vertical monitor setup." - Explaining his transition from trading on a laptop to a multi-monitor setup, highlighting the ergonomic benefits of moving his neck up and down rather than side-to-side.
• At 04:48 - "I nickname it Cerebro, just like in the X-Men... this is my Cerebro for stocks." - Describing how his powerful, multi-screen computer setup allows him to process vast amounts of information to find trading opportunities across the entire market.
• At 09:13 - "The way I developed my edge as a small-cap stock trader is by diving deep into the company's financials and what kind of corporate actions have they taken in the past." - Emphasizing that his success is built on thorough fundamental research to understand a company's history of dilution, reverse splits, and other actions that affect stock price.

Takeaways

• Invest in an ergonomic trading setup. Using vertical monitors can reduce physical strain over long hours by allowing for more natural up-and-down eye and neck movement.
• A trader's edge is a combination of technical tools and deep fundamental research. Use software for scanning and execution, but supplement it with tools like Dilution Tracker and AskEdgar to understand the full story behind a stock.
• Trading success requires a disciplined routine both during and after market hours. Incorporate activities that help you decompress and clear your mind to maintain long-term focus and avoid burnout.
• The number of screens you have doesn't determine your success; what matters is how effectively your setup allows you to execute your specific trading strategy and process necessary information efficiently.