Disaster planning & redundancy - Reviews of Brokers and Data Feeds | futures io social day trading
futures io futures trading


Disaster planning & redundancy
Updated: Views / Replies:2,803 / 14
Created: by steve2222 Attachments:0

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors – all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you don’t need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 
Thread Tools Search this Thread
 

Disaster planning & redundancy

  #1 (permalink)
Just a boy
Auckland, New Zealand
 
Futures Experience: Beginner
Platform: Sierra Chart
Broker/Data: AMP/CQG
Favorite Futures: Whatever moves in my timezone
 
Posts: 1,803 since Sep 2009
Thanks: 3,165 given, 1,371 received

Disaster planning & redundancy

I have a wired high speed broadband connection that feeds a router which in turn feeds my trading computer via a LAN connection.

I have a UPS that powers the trading computer, router and 2 trading screens for about 10 minutes in the event of a power failure ie enough time to close out of trades without having to rely on calling the broker to do it for me.

One weakness left was my broadband connection (ADSL over a phone line - not cable). If that went down, the UPS is not going to help me.

To resolve this I have procured a USB Broadband modem stick that gives me access to broadband over the cellphone network. It is great as a standby back up as I pay nothing for it - only when I use data.

My question: does anyone know if it is possible to set your trading computer up such that it will automatically detect that the main broadband connection (via the LAN) has gone down and then start the USB Broadband modem connection with out me having to do it manually?

Or is it possible to have both broadband connections open at the same time, but the computer automatically gives preference to using the connection via the LAN unless it fails?

Reply With Quote
The following user says Thank You to steve2222 for this post:
 
  #2 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 46,237 since Jun 2009
Thanks: 29,350 given, 83,155 received

I use a TP-Link dual router to load-balance and provide automatic failover/failback.

http://www.tp-link.com/products/product_des.asp?id=14

It was under $100 when I bought it. I have DSL+Cable, so if one fails the other is up.

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote
The following 3 users say Thank You to Big Mike for this post:
 
  #3 (permalink)
Elite Member
Montreal, Canada
 
Futures Experience: Beginner
Platform: IB, MC+IQ
Broker/Data: IB/IQFeed
Favorite Futures: ES, Stocks
 
fallout's Avatar
 
Posts: 30 since Jan 2010
Thanks: 14 given, 21 received


You can connect the ADSL and the USB broadband modem on the same computer, but you will come across yet another limitation. When your ADSL goes down and your computer switches to the GSM network, your trading platform will disconnect and reconnect using the new network.

You can also Bridge connections in Windows XP, Vista and 7 (and other operating systems of course). However, you will still experience the problem mentioned in the first paragraph.

Reply With Quote
The following user says Thank You to fallout for this post:
 
  #4 (permalink)
Just a boy
Auckland, New Zealand
 
Futures Experience: Beginner
Platform: Sierra Chart
Broker/Data: AMP/CQG
Favorite Futures: Whatever moves in my timezone
 
Posts: 1,803 since Sep 2009
Thanks: 3,165 given, 1,371 received


fallout View Post
You can connect the ADSL and the USB broadband modem on the same computer, but you will come across yet another limitation. When your ADSL goes down and your computer switches to the GSM network, your trading platform will disconnect and reconnect using the new network.

You can also Bridge connections in Windows XP, Vista and 7 (and other operating systems of course). However, you will still experience the problem mentioned in the first paragraph.

Hi Fallout.

Thanks for this.

I appreciate I will be disconnected from NT for a short time, but at least the USB/GSM connection can automatically establish itself.

Can you point me to a website that explains how I set this up or employ the Bridge connection you refer to.

Thanks

Reply With Quote
 
  #5 (permalink)
Just a boy
Auckland, New Zealand
 
Futures Experience: Beginner
Platform: Sierra Chart
Broker/Data: AMP/CQG
Favorite Futures: Whatever moves in my timezone
 
Posts: 1,803 since Sep 2009
Thanks: 3,165 given, 1,371 received


Big Mike View Post
I use a TP-Link dual router to load-balance and provide automatic failover/failback.

http://www.tp-link.com/products/product_des.asp?id=14

It was under $100 when I bought it. I have DSL+Cable, so if one fails the other is up.

Mike

Hi Mike,

I get an 'invalid product' message when I click on this link.

Reply With Quote
 
  #6 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 46,237 since Jun 2009
Thanks: 29,350 given, 83,155 received


steve2222 View Post
Hi Mike,

I get an 'invalid product' message when I click on this link.

They changed their site. A few seconds of looking finds you the new link.

TL-R480T+

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote
 
  #7 (permalink)
Elite Member
Montreal, Canada
 
Futures Experience: Beginner
Platform: IB, MC+IQ
Broker/Data: IB/IQFeed
Favorite Futures: ES, Stocks
 
fallout's Avatar
 
Posts: 30 since Jan 2010
Thanks: 14 given, 21 received


steve2222 View Post
Hi Fallout.

Thanks for this.

I appreciate I will be disconnected from NT for a short time, but at least the USB/GSM connection can automatically establish itself.

Can you point me to a website that explains how I set this up or employ the Bridge connection you refer to.

Thanks

Heya, I thought about the advice I gave above, and I don't think it will work as expected. Bridging connections are not considered practical for fail-overs. Instead, you should simply prioritize your network connections and let your operating system manage the links.

Which operating system are you using? I can give you a step-by-step guide on how to prioritize in case you don't know how.

Reply With Quote
The following user says Thank You to fallout for this post:
 
  #8 (permalink)
Just a boy
Auckland, New Zealand
 
Futures Experience: Beginner
Platform: Sierra Chart
Broker/Data: AMP/CQG
Favorite Futures: Whatever moves in my timezone
 
Posts: 1,803 since Sep 2009
Thanks: 3,165 given, 1,371 received


fallout View Post
Heya, I thought about the advice I gave above, and I don't think it will work as expected. Bridging connections are not considered practical for fail-overs. Instead, you should simply prioritize your network connections and let your operating system manage the links.

Which operating system are you using? I can give you a step-by-step guide on how to prioritize in case you don't know how.

Hi Fallout.

I am using Vista - it would be great if you could give me step by step instructions - just in case I cannot find them myself.

Reply With Quote
 
  #9 (permalink)
Elite Member
Lagos, Nigeria
 
Futures Experience: Intermediate
Platform: NinjaTrader, SierraChart
Favorite Futures: Euro Currency & Oil
 
lolu's Avatar
 
Posts: 2,439 since Jun 2009
Thanks: 999 given, 1,595 received


steve2222 View Post
Hi Fallout.

I am using Vista - it would be great if you could give me step by step instructions - just in case I cannot find them myself.

Steve,

Have a look at here and here.

Lolu

Reply With Quote
The following user says Thank You to lolu for this post:
 
  #10 (permalink)
Elite Member
Montreal, Canada
 
Futures Experience: Beginner
Platform: IB, MC+IQ
Broker/Data: IB/IQFeed
Favorite Futures: ES, Stocks
 
fallout's Avatar
 
Posts: 30 since Jan 2010
Thanks: 14 given, 21 received



steve2222 View Post
Hi Fallout.

I am using Vista - it would be great if you could give me step by step instructions - just in case I cannot find them myself.

Ok, I have Windows 7, but it should be similar. To prioritize your network connections:

1. Go to Control Panel
2. Go to Network and Sharing Center
3. On the left-side pane, click on "Change adapter settings"
4. You will see a list of network connections (e.g. Local Area Connection, Wireless Network Connection, etc.) At this step, you should have your GSM connection installed.
5. Hold down the ALT key on your keyboard. This will bring up a menu at the top of the window (File, Edit, View...)
6. Go to the Advanced menu and choose Advanced Settings.
7. A new window will appear, allowing you move adapters up and down ("Connections"). Put your primary adapter first, and the GSM one second using the up and down buttons on the right side.
8. Click OK to save your settings. You're done.

Let me know if you understand the steps above!

Reply With Quote
The following user says Thank You to fallout for this post:

Reply



futures io > > > > Disaster planning & redundancy

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Adam Grimes: TBA

Elite only

NinjaTrader: TBA

Dec 7

Linda Bradford Raschke: TBA

Elite only

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Fed planning for potential default kbit News and Current Events 0 July 21st, 2011 02:19 PM
Missouri disaster Eric j Off-Topic 0 May 23rd, 2011 05:50 PM
Jim Rogers Says Dollar Is Long-Term ‘Total Disaster’ kbit News and Current Events 0 May 12th, 2011 03:20 PM
Some Progress at Japan Reactors; Disaster Toll Rises Quick Summary News and Current Events 0 March 21st, 2011 03:20 AM
Retirement Planning for Traders PandaWarrior Psychology and Money Management 2 August 2nd, 2010 03:23 AM


All times are GMT -4. The time now is 02:07 AM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2017-11-20 in 0.12 seconds with 19 queries on phoenix via your IP 54.224.187.45