Quote from dandxg:
Recently I have been using speedtest.net and I am getting 10 down 2 up in Denver metro. They are rolling out docsis 3.0 soon.
Here is my thinking. Chime in with constructive criticism please. How much bandwidth can we eat? Seriously? I get a 60 ms ping to Chicago, I trade eminis and some currencies so what do I have to gain paying a significant amount more when the ping time is going to be the same?
Don't get me wrong I like new toys too, but I am more practical than most.
I have to buy a new router soon, mine is getting a little flakey. Finally I am seriously considering a dual wan router, although Comcast is very reliable here, for fail over. DSL and cable. Did some reading. The router I have previously looked at Xincom for $220 ish doesn't support high throughput, its $450 for those features. That's more than I want to spend. Consider D Link gigabit gaming router single wan. But I only need it I go over 20 meg down.
See the predicament?
So I ask again, what do you guys do with al of this extra bandwidth when the ping time should be the same? Just the desire for more horsepower? I can understand. I am just trying to see if I am missing something before I purchase.
Let's not forget those new docsis 3.0 modems are about 100 bucks too. My current SB 5100 work well.
Glad to see this thread it has been on my mind. Good trading to all.
Dan
I am considering faster speeds mainly for VOIP (Voice Over IP) reasons. I currently have 7 computers in my house all connected to the internet. One of which maintains a permanent VPN connection while another runs my personal email/web server. So I already consume quite a bit of bandwidth. I have been considering a VOIP phone line for my daughter but I am worried that may chew up too much bandwidth when she is on the phone. Since I am not an intra-day scalper (I trade options) I am not too worried about small delays in data.
I do have UPS's on my machines (as well as modem and routers) for power outages and such. As far as fail over goes since I am not day trading I just use my cell phone to monitor and manage trades should my connection go down. I use a T-Mobile Wing with the ToS Windows Mobile platform installed. I like the cell phone solution because it also allows me to monitor and manage trades while away from home.
How much bandwidth does a day trader really need? I'd say 6Mbps - 10Mbps is fine for most applications. Live feed data really isn't a lot, it's just numbers less than a byte each. Bandwidth really should not be an issue unless you are running your platform on probably more than 6 computers, watching data for 50 or more equities. Although I am not sure how one can watch and try to scalp anywhere near that many.
Latency (aka ping times) should the main concern of the day trader. It doesn't matter if you have 10000 Mbps if your ping time is too high your data is going to be delayed more than is probably acceptable.
It would be awesome if platform developers would build in a latency meter so you could always see how fast your connection to your brokers servers really is.
My Lynksis is capped at 10 mg and that's all I can get with my current service agreement. Heck I only pay for 6 mg down and get 10 mg with power boost so I am happy for now. FWIW if someone is looking for good single wan router this reviewed well