Internet Outages

ark93 · Apr 9, 2019

Thanks all for the great ideas! Gotta consider power outages too.
Carrier pigeons! For trading post-apocalypse, maybe?
Too young to have ever done it old style! My uncle did it that way, maybe I should learn from him.

And yeah maybe I should start getting into the habit of placing my stops upon placing the trade rather than after. Would solve a lot of problems right there. Stops save lives!!

Sig · Apr 9, 2019

redman said:
what ever happened to doing it 'old style'. call the trading desk.

Depends who your broker is. You might be on hold for a long time, since they generally don't really need to be 'old style' in 2019 so they don't have rooms full of brokers manning the phones.

jharmon · Apr 10, 2019

redman said:
what ever happened to doing it 'old style'. call the trading desk.

They're all busy for some reason.

qlai · Apr 10, 2019

Peter10 · Apr 10, 2019

i use two ISPs and my phone hotspot is the last option.

MarkBrown · Apr 10, 2019

i am a isp with bgp.

Buy1Sell2 · Apr 10, 2019

ark93 said:
Question for daytraders: what's your plan if there's an internet outage? Had a really long and extremely frustrating outage this morning that killed probably around $600 of potential profits based on decisions I would have made (was about to go long on FB when it happened) and I'm still venting about it.

What were the potential losses based upon decisions you would have made?

schweiz · Apr 10, 2019

Buy1Sell2 said:
What were the potential losses based upon decisions you would have made?

For any "real" trader the cost in taking a second ISP is far inferior to the cost of missed profits or losses occured because of internet outage.
My yearly cost is between 250-500 euro. Irrelevant cost to avoid very relevant problem. I also have a fully functional second computer at my side.

zdave83 · Apr 10, 2019

Be careful with 2 connections over cable and/or DSL. It is possible for a cable cut by backhoe somewhere in the area to affect multiple services at once.

A - Google fiber with UPS
B - agreement with neighbor on a different ISP to temporarily share internet via
wifi guest network
C - phone / hot spot
D - many stores, restaurants & library within 2-10 min drive
E - want to experiment with satellite but haven't found the right deal

schweiz · Apr 10, 2019

zdave83 said:
Be careful with 2 connections over cable and/or DSL. It is possible for a cable cut by backhoe somewhere in the area to affect multiple services at once.

That's why I have one fibre glas cable ISP and another g4 connection ISP . g4 does not need cable or dsl.
Satelite is an option to.