Broadband Considerations-Trading from Home using X Trader

[MTB]

I plan on discretionary/point-and-click trading from home (london-based) using X Trader. I envision suffering some latency from home to the FCM's servers. What are the considerations when choosing between normal broadband, a leased line, and Ethernet First Mile. The main consideration is to minimise execution slippage since obviously I am not trying to compete with HFT. Any advice?

 

[just21]

Are you going to use a US broker to trade european products? You want a broker with servers in the same area to lower latency.

 

[MTB]

Uk-based broker. So yes, I'm just considering the latency between home and the Brokers' servers

 

[rb7]

If you're a discretionary/point-and-click trader type, then it doesn't really matter since most if not all of the time you'll be losing will be on you manual intervention (point-and-click). Using X-Trader or any other tool. Why bothering to gain 100 ms from the latency if it takes you 2-3 secs to point-and-click to send your order?

 

[Ghost_of_Blotto]

main consideration is to minimise execution slippage

Automate the last step of your trade process. Once your preconditions to trade are satisfied, tie your execution to a microstructure event. You might find Rob Carver's blog a useful source of ideas: http://qoppac.blogspot.co.uk/2014/10/the-worlds-simplest-execution-algorithim.html
TT's ADL is worth investigating.