NexusFi: Find Your Edge


Home Menu

 





Latency,,,really important?


Discussion in Traders Hideout

Updated
      Top Posters
    1. looks_one Big Mike with 2 posts (3 thanks)
    2. looks_two mattz with 2 posts (0 thanks)
    3. looks_3 kalalex with 2 posts (0 thanks)
    4. looks_4 Massive l with 2 posts (0 thanks)
    1. trending_up 7,633 views
    2. thumb_up 4 thanks given
    3. group 10 followers
    1. forum 13 posts
    2. attach_file 0 attachments




 
Search this Thread

Latency,,,really important?

  #11 (permalink)
 
kalalex's Avatar
 kalalex 
Up the Ladder, CA
 
Experience: Beginner
Platform: SC
Broker: Optimus & AMP
Trading: ES
Posts: 227 since Mar 2011
Thanks Given: 261
Thanks Received: 151

There's a good thread about latency and VPS.


Started this thread Reply With Quote

Can you help answer these questions
from other members on NexusFi?
ZombieSqueeze
Platforms and Indicators
NT7 Indicator Script Troubleshooting - Camarilla Pivots
NinjaTrader
MC PL editor upgrade
MultiCharts
Trade idea based off three indicators.
Traders Hideout
Better Renko Gaps
The Elite Circle
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Spoo-nalysis ES e-mini futures S&P 500
29 thanks
Just another trading journal: PA, Wyckoff & Trends
25 thanks
Tao te Trade: way of the WLD
24 thanks
Bigger Wins or Fewer Losses?
22 thanks
GFIs1 1 DAX trade per day journal
17 thanks
  #12 (permalink)
 
GuerillaTrading's Avatar
 GuerillaTrading 
Hamburg, Germany
 
Experience: Intermediate
Platform: self-developed
Trading: Futures, Forex
Posts: 6 since Nov 2011
Thanks Given: 0
Thanks Received: 2

Like Matt already mentioned, trading is getting faster and faster and therefore, every daytrader should worry about latency. But for sure, scalpers should worry more about latency than traders who use a 15min chart.

Let me give you an example, how even non-scalpers can benefit from using a virtual trading workstation. Let's say you have an open position in 6E and you are using a trailing stop to secure your profits. When the market is turning against you, you need instant execution to secure your profits. Proximity Hosting dramatically increases your chance to get filled on the price your trailing stop sits at. Even if you just lose just1 pip per trade because of bad execution from home and you're doing 10 trades per day, that sums up to 125$ per day, 2.500$ per month....

Despite the faster execution, you also get the benefits BigMike has mentioned. Never underestimate the value of a trading workstation running smoothly 24/7 without any errors or downtime. It lets you sleep well!

Reply With Quote
Thanked by:
  #13 (permalink)
gieffe2003
london
 
Posts: 2 since Jul 2011
Thanks Given: 0
Thanks Received: 0


If latency for you is an issue you should look at ZenFire.

Reply With Quote
  #14 (permalink)
 
mattz's Avatar
 mattz   is a Vendor
 
Posts: 2,493 since Sep 2010
Thanks Given: 2,441
Thanks Received: 3,791


GuerillaTrading View Post
Even if you just lose just1 pip per trade because of bad execution from home and you're doing 10 trades per day, that sums up to 125$ per day, 2.500$ per month....

I agree that once you quantify it you can really see the difference that latency could make.

Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. You may lose more than your initial investment. All posts are opinions and do not claim to be facts. Please conduct your own due diligence. Use only Risk capital when trading Futures.
1 800 771 6748 local 561 367 8686 email [email protected]
Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote




Last Updated on March 26, 2012


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
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.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts