Day trading through a wi-fi connection at home?

[Laissez Faire]

PS my house has plenty of drywall. Doesn’t seem to affect the signal that much.

The signal reception in my parents house is terrible and they have a pretty good router, but I think the explanation is that it's placed in a very bad place, i.e., a far corner of the house. I bought some equipment to amplify the signal and it is OKAY for regular surfing. Would not have traded from it, although I have done so a few times with small size and a cell phone for back-up.

No drywall, though. And a big fireplace / brick wall.

Hey Laissez Faire did you ever write and publish your book? Seems like I remember a few years ago you were going to publish one on Amazon? Just wondering.

I think you might mix me up with someone else. But maybe I should.

 

[virtusa]

The standard speed delivered to where I'm moving is 30/30 Mb/s which I assume is way too low, so I suppose I need to upgrade it....
How important is speed and how to know how much is needed? I assume I could do some tests as soon as I'm moved in.

I have traded ES with NT8 and IQfeed and also Continuum and monitored the needed bandwith. Even 1Mb/s is enough. My needs were hovering around 100Kbps. You surely don't need 30Mb/s.

You can do the test by going to Taskmanager in W10. There is a TAB where you can monitor the ethernet LAN connection.

Or download Networx V5.5 (most recent freeware).
https://www.majorgeeks.com/files/details/networx.html

 

[virtusa]

The signal reception in my parents house is terrible and they have a pretty good router, but I think the explanation is that it's placed in a very bad place, i.e., a far corner of the house. I bought some equipment to amplify the signal and it is OKAY for regular surfing. Would not have traded from it, although I have done so a few times with small size and a cell phone for back-up.

No drywall, though. And a big fireplace / brick wall.



I think you might mix me up with someone else. But maybe I should.

If you have a home with multiple floors, you also want to consider which floors you frequent the most. If you imagine your Wi-Fi coverage as a sphere (like earth), then the router is the core. If you place your router on the ground in the basement, half the sphere of your Wi-Fi coverage sinks into your foundation.

If you have two levels you use the most, the best placement to cover both stories is either the ceiling of the lower floor or the ground of the higher floor.

Most importantly, don’t hide your Wi-Fi router behind books or in a drawer. Your Wi-Fi signal already has to work hard enough to penetrate the walls and floors of your home without adding more barriers. The best location in the room is out in the open.

 

[JSOP]

I get my data from IQ Feed/CQG Continuum and day trade futures at CME through Ninjatrader Brokerage. I'm based in Norway.

Main data line would be regular cable, I suppose.

The internet connection where I live was just upgraded to fibre with 1000/1000 Mb/s, but where I'm moving it seems like they just have regular broadband with a coaxial cable.

The standard speed delivered to where I'm moving is 30/30 Mb/s which I assume is way too low, so I suppose I need to upgrade it. I actually don't know the speed of the old connection, but I assume it can't have been more than 100/100 Mb/s on a regular broadband and that worked fined at least with cable.

How important is speed and how to know how much is needed? I assume I could do some tests as soon as I'm moved in.

Oh, and I won't be pinching pennies. Cost isn't an issue within normal limits. I need a good and stable connection.

Thanks.



Thank you! I just did a test for comparison between wi-fi and cable in my current apartment that I'm moving from. Not much of a difference it seems, but then again the router is literally 1 meter from my computer with nothing blocking the signal.

In the new flat there's a drywall/kitchen wall which might reduce the signal I suppose.

The internet connection in the building I'm leaving was just upgraded to fibre with 1000/1000 Mb/s, so maybe it was a bad mistake to move. LOL.

No you shouldn't have moved. LOL Fiber optics is almost the standard nowadays. 30/30mbs is just way too low. Coaxial cable is really yesterday. But drywall doesn't do anything to the signal though unless your drywall is filled with lead that absorbs the signal otherwise if it's just regular drywall which is made up of paper, the signal would go right through. But then again, unless you are scalping or doing HFT, speed really doesn't matter much. What matters is the trend and volatility or lack thereof.

 

[volpri]

The signal reception in my parents house is terrible and they have a pretty good router, but I think the explanation is that it's placed in a very bad place, i.e., a far corner of the house. I bought some equipment to amplify the signal and it is OKAY for regular surfing. Would not have traded from it, although I have done so a few times with small size and a cell phone for back-up.

No drywall, though. And a big fireplace / brick wall.



I think you might mix me up with someone else. But maybe I should.

Well I was sure it was you gonna write a book but I have been known to get mixed up! Nevertheless, write a book. It is good to write thoughts down.

 

[cobco]

Router is Opnsense on an old HP Z SFF and the AP is ARUBA Instant. No problems for years

 

[Laissez Faire]

I have traded ES with NT8 and IQfeed and also Continuum and monitored the needed bandwith. Even 1Mb/s is enough. My needs were hovering around 100Kbps. You surely don't need 30Mb/s.

You can do the test by going to Taskmanager in W10. There is a TAB where you can monitor the ethernet LAN connection.

Or download Networx V5.5 (most recent freeware).
https://www.majorgeeks.com/files/details/networx.html

Thank you.

That's very helpful. Will do some tests as soon as I'm installed in the new flat.

 

[Laissez Faire]

No you shouldn't have moved. LOL Fiber optics is almost the standard nowadays. 30/30mbs is just way too low. Coaxial cable is really yesterday. But drywall doesn't do anything to the signal though unless your drywall is filled with lead that absorbs the signal otherwise if it's just regular drywall which is made up of paper, the signal would go right through. But then again, unless you are scalping or doing HFT, speed really doesn't matter much. What matters is the trend and volatility or lack thereof.

Yeah. I'd be surprised if the new apartment complex I moved into don't upgrade to fiber eventually, but for now it's old school broadband. Will just have to do some tests as soon as I'm installed.

Thank you.

 

[Laissez Faire]

Well I was sure it was you gonna write a book but I have been known to get mixed up! Nevertheless, write a book. It is good to write thoughts down.

I think I have at times suggested to people that they should write their own book.

The best is if you write your own book, though. Back-test, back-check, archive your findings with pictures, notes, statistics, and so on.

Many books and gurus simply cherry pick and find the charts that make their theories fit while the real world is quite different. Not to mention that markets differ quite a lot too. Even between ES/MES you'll notice very subtle differences at times.

 

[Fonz]

I discretionary day / scalp trade the NQ. Few months ago, I went back on all my trades to check precisely how efficient were my entry and exit times. I also did a MAE MFE analysis for this period of time.
I use Journalytix and that helps a lot.

After I upgraded my internet router and went from a "basic +" cable to fiber, I was able to reduce my slippage or bad execution, by 0.28 tick per R/T, on average.

I also tested another broker + data + another trading platform, and the best combo gave me 0.76 tick per R/T, also on average.
Of course, I can't say if I am just better than before (...) or my upgrades really work.
So, it seems not much, but at the end of the year, 1 tick on the NQ ($5) and a lot of trades, is actually a lot of money.
Hope this helps.