This isn't part of my edge as I hold trades for 13-25 pts on the NQ (minutes and hours time-wise), but my stops are rather tight in comparison (4.5-6 pts) so it could potentially affect one of my entry / exit points.
It's one of those things where if it was a hassle to change, I wouldn't bother doing it. But if it's simple then what do I have to lose?
Imagine you live in a very hot climate and you are looking to buy a car, and the dealer is offering you a package that includes a heated steering wheel.
If it's free or almost free, then why wouldn't you take the upgrade? But if it costs $1,500 to upgrade and it will most likely not make a difference for you, then you wouldn't even bother.
Yesterday's excellence is today's standard and tomorrow's mediocrity
The following user says Thank You to SoftSoap for this post:
I found that I was sometimes getting lagging data during high volume news events so I now run a time and sales for the principal market I am interested in next to a synchronised computer clock so I can easily see the time and whether there is any lag. The Windows clock didn't seem to sync very often and for me lost a lot of time quite quickly so instead of having to go in to the computer time control panel every few days and manually press the 'sync now' button it is more convenient to have it frequently sync automatically. The Meinberg software time syncs every ten seconds which is more accuracy than I need, but it is free and easy to install and does the job for me.
ps Free Alarm Clock for Windows is a computer clock I can recommend as You can also set your own audible alerts or visual popups and save different setups, eg; I have/have had alerts for: the open, important news in ten minutes, one minute before a new half hour Market Profile bar etc.
I think if you PC clock has a deviation that is noticeable in the magnitude of milliseconds over an elapsed period of 10 seconds, you have an issue with your machine, if there is a difference, it should not be noticeable..
I didn't say my PC loses time when the clock is syncing every ten seconds, I was saying I had a sync problem before I used the software when Windows was only syncing the clock once a month.
Meinberg are a company that build business computer servers, sychronisation systems for specialist industries and have produced this complimentary time sync software. It happens to sync every ten seconds, as I said, more accuracy than I need, but obviously some of their clients actually require frequent time synchronisation and their software does that.
I manually re-synched via the Windows control panel dialogs, but it was a pain, in two or 3 days the clock would loose sync.
The platform I use (exclusive to the Brazilian market) gets the time information directly from the exchange feed, so for that it wasn't affecting me much, but was kind of odd to see the system clock and the exchange clock out of sync.