I'm not sure if this is the correct place to post this, so please place it in the correct category, Mr. Moderator Man
I'm getting ready to make a push to go to live trading again and I was wondering what the most ideal
internet connectivity is.
I'm not much of an IT cat, so I'm a little data connect illiterate.
What is the most robust connection type possible.
So, say, from Strongest to weakest....
Cable > modem > computer
Cable > modem > router >Wireless box > computer
Satellite > router / wireless > computer
Wireless Mobile Broadband units > Computer
Cell phone hotspot > Computer.
My Home is so far in the sticks, that I have no cable access. So, to practice, I use my iPhone hotspot gag
to hook up. Far from ideal and border line suck.
I have thought of satellite, but similar problems lie there.
At work, we have a wireless rig, but it seems to jam up at times .
I suppose I could dig out one of the direct Ethernet feeds off the router.
At work the cable comes in and hits the comcast box, that I guess is a modem. Then 1 cable to
the router,which sends it to the wireless and some dedicated feeds I need to find. (haven't been used in years)
So the best way must be Cable > Modem > computer sans any type of router, but that is not available to
Even if I find a little office space somewhere to trade, the best would be
Cable > modem > router > computer ( unless there is a direct cable line in the office ...hmmmmmm)
If you are daytrading intraday setups and receiving tick by tick unfiltered data feed; you should elect for the fastest connection possible of course. Otherwise it doesn't really matter.
Cable > Modem > Computer or Satellite > Modem > Computer should be the fastest.
Having a router in the middle is not a big deal in my opinion :-)
Just avoid wireless and mobile broadband
Successful people will do what unsuccessful people won't or can't do!
The following user says Thank You to Fadi for this post:
Sorry, Virtual Private Server.
I made a small video for "The Battle of the Bots", check here, it shows how to connect to the VPS dedicated to the battle, you will understand how it works I think. I used a smartphone there, which has to be used only for emergencies, but you can do the same thing with a multiple screens PC.
Usually in trading, those who know don't talk, and those who talk don't know. (Al Brooks)
success requires no deodorant! (Sun Tzu)
Good to see someone else from Nashville running around the forum. I understand your internet connection pain, as I have learned not to trust even the local cable internet.
I have a swing trading bot and rent a dedicated server ($150/month from Softlayer) in Dallas TX for it to run on. I am a bit of a tech nerd. That is more costly than a VPS but gives the same effect, 99.99% up-time. I can remote desktop into the server and watch everything running like it is on my own PC.
I would use a server like that even if I was trading discretionarily. Make a trade, put in profit target and stop, and if my internet dies, then I would still have the peace of mind that my trade would work until completion on the server. And the charts would stay up to date while your home internet is crashed.
I would definitely take the time to investigate the VPS / dedicated server route as a means to manage the fact that your home internet is not great. I recommend the VPS as it is more cost effective, and it sounds like sam028 will steer you in the right direction.
The following user says Thank You to Luger for this post: