New Trading System - Input Please.

RDK91 said:
And where did i agree with that? I don't know his situation ... If i would have a crappy internet connection where i live and that is what i would need to be able to trade and earn my living i might also do it, if there where no other solutions ..

You need a decent connection, you don't need a $2000 rig to trade.
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i understand
 
"Don't buy an i7 but pay $600 a month for internet".
lol fuck off , blocked, don't care what else you have to say on anything.

I should say I am highly biased against AMD from like 15 years ago. I stick with intel for my builds.
If I was building something I would go with i7-3770 Ivy Bridge. $170 on newegg right now. You don't need more than Ivy Bridge. There is always the best bang for the buck Intel CPU in this price range.

Then $70 bucks for 16 gigs of ram. It makes no sense to not get i7 and 16 gigs of ram if you are getting a machine right now. It is just a bad deal otherwise.

I feel like my builds always end up being $500-600, I always try to get the most machine for the least cost. The cost beyond that is all in the video card you want.

There is no reason to pay more for something prebuilt unless you can't figure out how to snap some legos together. I mean I am the least mechanical person there is and building a computer is nothing. It shouldn't even be called "building".
 
RDK91 said:
And where did i agree with that? I don't know his situation ... If i would have a crappy internet connection where i live and that is what i would need to be able to trade and earn my living i might also do it, if there where no other solutions ..

You need a decent connection, you don't need a $2000 rig to trade.
More...

I have Free internet - FIBER OPTIC-> CAT 6 Lines through out the House- Cat6 Keystone Jacks with a Gigabit Router- currently down load speeds are : 231.86, Have had only one outage in 3 yrs, Have a Land line and Cell as my backups.
Again ->>Thanks every one for the feed back>> Diverse Opinions always are good to read.
 

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scubasid said:
I have Free internet - FIBER OPTIC-> CAT 6 Lines through out the House- Cat6 Keystone Jacks with a Gigabit Router- currently down load speeds are : 231.86, Have had only one outage in 3 yrs, Have a Land line and Cell as my backups.
Again ->>Thanks every one for the feed back>> Diverse Opinions always are good to read.
More...

I recently switched to a gigabit connection, download speed of +900 Mbps. What a difference, lightning fast. However i don't know if it makes much difference for trading as long as you have a stable connection. I use my high speed network for other things.

I can't even remember the last time i had an outage so it doesn't happen often, however with a few $K on the line each trade i don't want to take any risk. My 4G backup only costs $20/month.

Free internet sounds nice though, where do you live?
 
Charlotte, NC Have no issues with 236 Mps Downloads- Probably could up grade to a higher Mps-Then I woul dhave to $$$Pay - This current speed is working quite well. ( I do not do video or games- when done with trading for day I rarely touch a computer )- couldnt imagine what 900Mps would be if it would make a difference...
 
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scubasid said:
Charlotte, NC Have no issues with 236 Mps Downloads- Probably could up grade to a higher Mps-Then I woul dhave to $$$Pay - This current speed is working quite well. ( I do not do video or games- when done with trading for day I rarely touch a computer )- couldnt imagine what 900Mps would be if it would make a difference...
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It doesn't make any difference for trading at all.

Trading doesn't require very high speeds. Other things do.
 
gaussian said:
I'm baffled that people spend so much on trading rigs.

I will put on my day trader hat. Here are the things I think I would need:

1. Reliable internet
2. A reliable phone or two for my broker
3. A decent rig capable of running my trading software

(1) is where most of your money should go. A T1 line will run you 600-800 a month but you'll have a guaranteed SLA.

(2) is next, you'll want two phones. One cell phone and one land line.

(3) Finally you can spend a grand or two on a decent workstation that can support 5-6 monitors. Every trading software I've used would run on an internet connected toaster with the exception of IB TWS.


I have no idea why everyone is concerned with hardware when the real bottleneck is just how unaffordable a fiber/T1 pipe is for a retail consumer.
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What about doing analysis, backtesting, simulation, etc.? Took me ~0.5 to 1 hr to run each analysis point/node using a two year old MacBook Pro. That is one reason I spend so much time on ET, I have time to kill waiting for the result.

I run VBA excel.

Thanks.
 
gaussian said:
On the weekends because of the coronavirus my shared internet (also known as your standard issue neighborhood trunk WAN you buy from Comcast or whatever) will go from the advertised speed of 300Mbps down to 490 kbps down. I lose 99% of my throughput immediately because 200 of the people trunked with me are watching 4k pornhub and netflix all night. There's no SLA for residential lines - the provider simply "tries their best" to match you. Last weekend at 11pm my internet became completely unusable even for checking the news. Calling my provider gave me exactly what I expected - "you have no SLA and there is high load at the trunk right now, we can't do anything".

If I had a T1 pipe I'd have a dedicated trunk to myself (and the closet in my house) where I wouldn't experience these things.

If you're trading on the 1min and the guys smoking pot and beating off to 4k porn lag your connection you could miss a signal or get hosed. Due to the pandemic there is an unprecedented amount of coomers and consoomers gulping bandwidth consuming content down by the bucketful.

There is absolutely a use for them. That's why every business has them.
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What provider you use, cable or phone line? Local at&t advertises fiber to curb, does that help?
 
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