Palm Pilots and Futures Trading?
- Thread starter mohead986
- Start date
My step-son just got something called "Sidekick" which looks pretty cool. It's a cell phone/web browser with a full keyboard. Good for him at college. Unlimited web access, and for him, instant messaging seems a big deal (but only 200 minutes a month voice) for, I think about $40 a month.
So that might work...not a techie myself, but I don't see why it wouldn't work. Just not sure about access speed. Or if the web capability is adequate. No color, and somewhat limited graphics.
In either event, I wouldn't consider using something like this unless it were in a pinch or if you are not a full time trader.
Here is a sight with some info on it:
http://www.t-mobile.com/
Peace,
Rs7
If you want to go wireless be prepared for insanely slow download speeds. I'm talking like a minute to get the average web page (without web clipping), or 1/4 the speed of a dial-up modem. I had a Palm i705, a total POS. And it didn't work with IB's Mobile TWS thingy, either.
I think Datek has some mobile quotes facility. Because of speed issues and ridiculous ping latency if you're looking for anything more than entering a single order a day I'd stay far away from today's gadgety mobile devices. Stable, reliable, universally accepted mobile internet access (ie, not cell phones) is still many years away in the US.
--opm8
Quote from opm8:
If you want to go wireless be prepared for insanely slow download speeds. I'm talking like a minute to get the average web page (without web clipping), or 1/4 the speed of a dial-up modem. I had a Palm i705, a total POS. And it didn't work with IB's Mobile TWS thingy, either.
True but if you just want data for one stock, it only takes a few bytes of information to send the order and a few more bytes to get somewhat real-time quotes for one instrument.
The trouble would come if you entered ES long while also entering a tunnel and then lost your connection, only to find you are 4 points out by the time you leave the tunnel.
Not to mention battery failure, misc. signal problems, etc.
I think it is better for a swing trader or longer-term trader. You wouldn't want to use those things for scalping unless you want to be the one to get scalped.