Trading data storage on NAS drive.??
I have always stored my trading data on C: Drive, however now that I am re installing windows 7, and all my programs I am considering storing my EOD data directly on a NAS drive preferably, to make it accessable to my laptop as well. In the past I have always had to download my EOD data to both computers. Whereas if I store on a NAS drive I will only have to download once. I also would put the common folders from my trade analisys platform on the NAS so that both computers would always be in sync as far as those programs go. IE, when I create a new chart or workspace or change any charts on 1 PC the other would automatically pick up the changes. Meaning they would both sync.
I'm thinking of using a Western Digital My Cloud 2TB NAS drive.
Has any one on the forum done this?
How successful was it?
The problem you will have is file locking / sharing violations. If two different machines attempt to access the same files at the same time the first machine to access the data will lock it for read / write access. This may prevent the second machine from being able to use the data. Alternatively having two machine connected to the same data could cause data corruption.
There are cheaper ways to achieve this without even needing to spend any money. With the caveat that you will never run both trading PC's at the same time.
You could have a skydrive folder where you save all your data/settings. Skydrive automatically syncs between all windows 8.1 machines.
You could use bittorrentsync.
You could use dropbox.
Synology, Qnap, Western Digital, these are all home/SMB NAS boxes designed for media sharing etc. It will never perform as fast as Direct Attached Storage in terms of latency and these software solutions I listed will keep your two PC's happily in sync anyway.
I spent a bunch of time looking at options for NAS storage at work and the two top solutions were Synology and QNAP, with probably Synology being slighter better in terms of perf in the units I tested. I liked the units so much I actually kept the QNAP device and now use it at home for file storage and to run Plex for all my media. These devices are not just for home use anymore and they both have nice mid-sized business units that even come as rack mounted options.
DAS will always be faster than NAS, but for the use case you are looking at, NAS is a fine option. The locking issue mentioned has more to do with the application software you are using rather than whether DAS or NAS. The latest version of SMB 3.0 (which is what is in SAMBA 4 which these Linux based devices are probably using for connecting to Windows networks) supports non-exclusive types of locking (Server Message Block - Wikipedia, the free encyclopedia
The following user says Thank You to garysu for this post:
Skydrive also works on windows 7.
I have a synology box and it can keep folders on my local pc synced. This allows shared synced folders the same as Skydrive/Dropbox box but instead of using the cloud it uses the NAS box.
Also makes for a good full pc backup location.